September, 2013

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Conquering the Effective Frontier

Supply Chain Shaman

'On Wednesday, Supply Chain Insights will host our first conference. It is designed as an annual event for supply chain leaders. We are proud of the line-up of speakers. The event will open with the sharing of research of how supply chain leaders have made trade-offs on Conquering the Supply Chain Effective Frontier. (We have been analyzing balance sheets and studying the financial performance of companies for the last sixteen months.

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Who wants to become a demand-forecasting expert? (Part 1)

DELMIA Quintiq

'By: Luke Hayfield. Let’s face it. Not all of us possess a DeLorean time machine stashed away in our garage that would enable us to travel to any time period in the future (or past). Till the moment comes when we can just buckle in and set the dial to 10 years from now, we need to equip ourselves with the right tools and skills to forecast for the future.

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7 Supply Chain Tips from Superheroes!

Supply Chain Opz

'Supply chain management is everywhere and even the superheroes can give you some lessons! In this article, we will explain to you who are the real-life superheroes and what we can learn from them. Background Supply chain management has gained more recognition from businesses as the strategy that helps to increase revenue and improve services. However, some supply chain professionals still work under the accounting, production or even marketing functions.

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Supply Chain Management and Corporate Social Responsibility

SCM Research

'Two recent disasters in the garment industry, the Tazreen Fashions fire (2012) and the Rana Plaza building collapse (2013), have caused outrage over the lack of social responsibility across global supply chains. In our new article, The Socially Responsible Supply Chain: An Imperative for Global Corporations (available via EBSCOhost ), Robert Handfield and I discuss three core principles that are essential for ensuring socially responsible business practices and successfully managing the extende

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Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

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Conquering the Effective Frontier

Supply Chain Insights

'On Wednesday, Supply Chain Insights will host our first conference. It is designed as an annual event for supply chain leaders. We are proud of the line-up of speakers. The event will open with the sharing of research of how supply chain leaders have made trade-offs on Conquering the Supply Chain Effective Frontier. (We have been analyzing balance sheets and studying the financial performance of companies for the last sixteen months.

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How Is Your Supply Chain Chutzpah?

Supply Chain Shaman

'Chutzpah: A personal confidence or courage that allows someone to do or say things that may seem shocking to others. Merriam Webster. If you are fluent in Yiddish, you know chutzpah, meaning nerve , is akin to the Spanish word ” cojones ” meaning courage , but without an anatomical context as in tener cojones. So, as I sit in this uncomfortable seat, fighting sleep, winging my way to Chicago, I am asking myself a simple set of questions.

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ERP upgrades: Where’s your focus?

DELMIA Quintiq

'ERP upgrades are a fact of life. According to a study conducted last year, 73% of Oracle customers upgrade to stay supported. Only 2% claimed that their decision to upgrade was due to ‘competitive pressure’. So yes, ERP upgrades can be necessary, but should they really be dominating the corporate agenda? This question struck me while visiting several manufacturing and logistics companies.

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7 Supply Chain Transformations at SAMSUNG

Supply Chain Opz

'Today Samsung Electronics has proven to be one of the most successful global brands to follow. In supply chain management context, they has demonstrated the operational excellence that leads them to the supply chain hall of fame. In this article, we will explain to you how they do it. Background "Samsung" in Korean language means "3 stars" or "tri stars".

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Interesting × Important = Impact

SCM Research

'“What is interesting research?” I recently read an essay by Cachon (2012), What Is Interesting in Operations Management? , published in Manufacturing & Service Operations Management, which starts with just this question. The essay discusses Cachon’s view of “the essential characteristics of interesting research in general and in operations management in particular” According to him, “[i]nteresting means unexpected—interesting research piques your curiosit

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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The Journey of Supply Chain Excellence

Logility

You’ll note in the headline I use the preposition “of” instead of “to” when describing the “journey of Supply Chain Excellence.” The significance of this wording is that the journey doesn’t have an implied end or completion. Successful supply chain practitioners always seek opportunities to improve, understand the competitive and regulatory environments are fluid, and improvements in process, policy, practice, performance measures, and technology w

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What’s Missing from Your 2014 Budget?

Talking Logistics

'As September comes to an end, many companies and supply chain executives are in the process of developing or finalizing their budgets for 2014. There are the usual line items to complete: transportation costs, technology and capital investments, staffing levels and associated costs, and so on. But there is one very important line item that is likely missing from their budgets: investment in leadership development and education.

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Our Journey…

Supply Chain Shaman

'(click the image for a MUCH larger view). One upon a time in a land of OZ, 110 supply chain leaders gathered in the desert to discuss supply chain progress. Nine out of ten were stuck. The fairy tale had ended. It was a perfect storm. As they reflected on supply chain performance, and the lack of resiliency and ability, it felt bad. Each had tried to scale to great heights through a tight focus on profitability and inventory turns, but the results were short-lived: usually only for a year.

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The $167 million Supply Chain Flick

Supply Chains Rock

'Back in November 2010 the movie Unstoppable hit the theatres and made $167 million dollars, but somehow I missed it. Luckily last night E4, the UK channel, aired it as the Sunday night movie. I share this with you because Unstoppable, which is loosely based on the CSX 8888 incident, is a great supply chain movie. The premise of the movie is simple.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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7 Elements of Seamless Supply Chain Integration

Supply Chain Opz

'Seamless supply chain integration is a myth or reality? This articles will show you more about the theoretical background , related concepts and 7 elements you need to achieve this goal. Literature Review Supply chain integration has been around as early as 1989. Graham C. Stevens who was a senior managing consultants at Peat Marwick McLintock in London published the article called " Integrating the Supply Chain " in International Journal of Physical Distribution & Logistics Management.

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Tapping the Power of Social Supply Chain Management

Demand Solutions

Remember John Smith and Roy Green from my previous post, “ The Power of the Cloud ”? They run a small, up-and-coming, entirely fictional manufacturer called XYZ Corporation (I think they’re working on a new name, but their branding agency hasn’t gotten back to them). Well, XYZ has been live on Demand Solutions for a while, and things are going well.

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From Reactive to Proactive: Supply Chain Performance Management

Logility

Connect. Share. Learn. I always hear people say (and I’m guilty of saying it myself), “it isn’t the technology that provides benefits in a supply chain project; it’s changing the business process.” Yes, however there is a beautiful thing that happens when technology enables the business process change. The symmetry of technology and purpose is why we love working in Supply Chain.

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Reflections of a Supply Chain Industry Analyst

Talking Logistics

'The typical role of an industry analyst is to look ahead, at the trends that are shaping and reshaping the supply chain and logistics landscape. On a recent episode of Talking Logistics , however, I decided to look back and reflect on the biggest changes I’ve seen in the industry over the past 15 years. As you can imagine, with everything that has changed since 1998, condensing the list down to a few items was not an easy task.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Talent and the 50 Shades of Gray of Supply Chain

Kinaxis

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Supply Chain Movement Q3: Control Tower

Supply Chain Movement

'Theme: Control Tower. 7 | News & Background. L’Oréal, the world’s largest cosmetics group, is in the process of rolling out a sophisticated Control Tower system that is allowing it to synchronise information with all its vendors and thereby respond much faster to market events. It employs over 70,000 people, has four business divisions, 27 international brands, 42 factories, 145 distribution centres and thousands of suppliers around the world. 8 | 3PL Subway Map. 10 | Profile Scott Kuhn, Gl

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7 Factors of Solid Supply Chain Network Design

Supply Chain Opz

'Due to the rapid acceleration of modern computing, supply chain optimization has become more prevalent than ever before. What''s is supply chain optimization anyway? This article will explain the fundamental concept, its application in supply chain network design and factors you should consider in this type of project. Background Many supply chain practitioners use the word "optimization" as the synonym for "improvement" or "enhancement".

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Procurement Leaders Forum Part 2: Procurement’s Role in Open Innovation

Supply Chain View from the Field

'Steve Baggott, the leader of Procter and Gamble’s Connect+Develop open innovation program spoke at Procurement Leaders this morning, and shared the importance of changing views of working with suppliers. Steve emphasized that it is about connectedness – identifying ecosystems outside the enterprise with whom you can connect to accelerate. This might include retirees from P&G and alumni, who have a vested interest, universities, research institutions, two guys in a garage, etc.

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2024 Annual T&L M&A Report

Tenney Group, an industry specialized M&A Advisory firm in the T&L space, produced the 2024 Annual M&A Report. The report contains an in depth overview of 2023 notable deals and the market, while also providing the outlook for 2024 M&A.

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How to Avoid ERP – SCM Integration Pitfalls

Logility

As supply chain teams demand the power of best-of-breed supply chain optimization solutions, the question becomes how best to integrate these powerful solutions with an organization’s existing enterprise resource planning (ERP) and advanced planning and scheduling (APS) systems. Recently I sat down with Svenne Juul, president of AdapChain, a third party enterprise integration specialist, on how organizations can avoid the common pitfalls during SCM – ERP integration.

SCM 100
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3PL Executive Insights from MercuryGate User Conference 2013

Talking Logistics

'What is the path to building successful and lasting 3PL-customer relationships? That was the main theme of a panel session I led at last month’s MercuryGate User Conference 2013 , which included the following 3PL executives: Shelli Austin , VP at Integrated Distribution Services (IDS). Michael Bartz , CIO at ReTrans. Jane Sandifeer , VP Business Solutions at Advanced Shipping Technologies.

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Back to the Future: The Executive Supply Chain Conference Reborn

Kinaxis

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Focus on behaviour during IBP meeting at Mondel?z

Supply Chain Movement

'“It’s important to take note of other people’s behaviour during a meeting,” says Alex Elberg, Business Operations Director at Mondel?z International. At SCL Europe in Berlin, Germany, from 25-27 June 2013, he held an insightful presentation on how 1,500 stakeholders determine the success of the company’s decision-making. During its global roll-out of Integrated Business Planning (IBP), Mondel?

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The Art of Consistent Perfect Order Delivery: Smart Order Fulfillment Through Orchestration

Shippers and logistics service providers are pressured to match the “Amazon effect” for fast and efficient service across multiple B2C, B2B, and D2C channels. Perfect order delivery - on-time and in-full at the lowest possible cost – is critical. However, recent surveys of supply chain stakeholders reveal that many don't have the technology necessary to achieve it.

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7 Rules of Fashion Supply Chain Management

Supply Chain Opz

'Fashion industry is one of the most primitive form of supply chain management and its practices have been extended, adopted and become the best practices that we use today. This article will show you the development of fashion industry and how one company manages to bring the operations into the next level. Fashion SCM 1.0 In 1984, US Apparel Industry created the task force called " Crafted With Pride in the U.S.A.

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Remembering Ronald Coase (Dec 29, 1910- Sept 2, 2013)

Supply Chain View from the Field

'Ronald Coase passed away this past week, at the ripe old age of 102 1/2. He represents one of the truly brilliant economists who helped shaped our understanding of management enterprise. Coase took on the challenges of management and the evolution of the modern firm, and was awarded a Nobel prize for his work. He was also an important contributor to our understanding of the modern field of procurement and supply chain relationship management.

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How to Avoid ERP – SCM Integration Pitfalls

Logility

As supply chain teams demand the power of best-of-breed supply chain optimization solutions, the question becomes how best to integrate these powerful solutions with an organization’s existing enterprise resource planning (ERP) and advanced planning and scheduling (APS) systems. Recently I sat down with Svenne Juul, president of AdapChain, a third party enterprise integration specialist, on how organizations can avoid the common pitfalls during SCM – ERP integration.

SCM 100