Invest in These Capabilities to Drive Supply Chain Excellence

AIMMS

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Supply chain professionals know it can be extremely challenging to drive day-to-day operational excellence and pursue innovation at the same time.

Digitalization Is Ushering Visibility Into Supply Chains

Blue Grace Logistics

The opacity in operations impacts stakeholders across the trucking value chain. Oftentimes, this lack of visibility or transparency within the supply chain is due to outmoded and dated systems of communication.

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How to Get a Job in the Supply Chain Sector

Logistics Bureau

So, you are thinking about a career in supply chain? While this article is intended as an evergreen resource, to help you navigate in your search for a supply chain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality.

Developing Outstanding Supply Chain Talent and Leadership

PINC

By collaborating with universities and colleges, companies can help develop a new stream of supply chain talent that’s ready to take on the present and the future. As the pandemic taught us, this hit-or-miss approach to supply chain management literally sets companies up for failure.

Takeaways from the IBM Watson Supply Chain Summit

Talking Logistics

I haven’t attended an industry conference over the past year, or participated in a client meeting, where blockchain — along with artificial intelligence (AI) and machine learning — hasn’t been part of the conversation. In fact, at one conference this spring, after delivering a keynote presentation that had nothing to do with technology, the very first question I received from the audience was “What do you think about blockchain and its potential in supply chain management?”.

Disruption: COVID-19 vs. Regular Supply Chain Disturbances

Morai Logistics

Supply chains are experiencing significant disruption as a result of COVID-19, but how does this disruption compare with others? . If these last few months have shown anything, it’s that COVID-19 has not been a regular disruption for supply chains. Supply chains, even very well prepared ones, are going to face impediments every once in a while. It’s something supply chains have had to contend with for months and continue to wrestle with now.

3 Supply Chain Trends to Keep an Eye on in 2020

AIMMS

What’s on the horizon for supply chain professionals? Many are relying on advanced analytics to optimize their supply chain for sustainability. Many are relying on advanced analytics to optimize their supply chain for sustainability – Tweet this. We would love to hear about the sustainability objectives you have set for your supply chain and explore how we can help. .

The Most Reliable Supply Chain…Without Technology?

Cerasis

Of course, we live in a high technology powered supply chain world, but often, as we noted in our 5 Upfront LTL Tips post, if you don’t remember the basics and best practices, no technology is going to fix those issues, but only make them more apparent. We hope you enjoy this great story about supply chain without technology. . Is your supply chain running as effectively as it should be? Trusting your Supply Chain.

How the Three M’s Can Help You Cut Down on Supply Chain Cost

Blue Grace Logistics

As the global supply chain settles into the COVID19 technology driven and customer-centric decade, there’s no time to pause and reflect on what has happened. The first of the three M’s is the measure, and it’s all about understanding your supply chain and how it functions.

Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. 2020 Supply Chain and Logistics Trends: What’s Around the Corner? As 2020 moves closer, one concept that I’m hearing discussed more and more in discussions and appearing online is that of the circular supply chain. The Death of the End-to-End Supply Chain. Why is the Circular Supply Chain Trending?

The Transportation Supply Chain: Transportation’s Role in Supply Chain Management to Lower Total Costs

Cerasis

In order to avoid incidents of mismatch between supply and demand, establish more efficient manufacturing and lower costs, it is necessary to establish an environment of consistent supply chain visibility. Everything from sourcing raw materials, manufacturing, to the sales channels which feed supply for a finished product are essential factors. One of the often missing links, however, in supply chain visibility, is transportation management.

Growing A Green Supply Chain

Blue Grace Logistics

Even for the corporations and manufacturers that realize the need for environmental sustainability, there is a need to continue to manage their supply chains in such a way as to sustain their own business. Why should a company go the extra mile to make sure they’re going green if the consumer isn’t willing to meet them at the checkout line? . In terms of cutting costs, Mr. Sheffi explains that green initiatives can help to reduce supply chain costs. “An

6 Digitization Steps to Overcome Supply Chain Disruptions & Build Resiliency

Turvo

The costs of supply chain disruptions vary based on the severity of the disruption, how quickly companies recover, and numerous other factors. According to Supply & Demand Chain Executive , supply chain disruptions resulted in costs of more than $56 billion in 2015, and five years later, that average is on track to more than double following the coronavirus crisis. They enable continued work in areas with a lower impact from supply chain disruptions.

11 Golden Rules for Meaningful Supply Chain KPIs

Logistics Bureau

I’ve written many posts on this blog about the importance of having a supply chain strategy aligned with the overall business plan, and why it is a mistake to have misaligned strategies. If you want meaningful supply chain KPIs, you need to live with the numbers they reveal.

Supply Chain Best Practices: 5 Keys to Running a Synchronized Supply Chain

Cerasis

Editor Note: Today's Blog is from Darren Palfrey, the CEO at Gravity Supply Chain who shares the 5 supply chain best practices to keep your supply chain synchronized. In today’s fast-paced society, businesses can’t afford to slip up when it comes to their supply chain. Failing to meet perfect order fulfillment can lead to catastrophic costs for your business. Your supply chain is the same way. Supply Chain

Supply Chain Compliance 101

Dedola Global Logistics

Archives As you may have noticed in the supply chain and logistics world, there are a lot of terms you will need to learn. Many are abbreviations for government agencies, laws or specific compliance requirements; but all are essential to ensure compliance in your supply chain. Essential Supply Chain Compliance Terms CBP: This is an acronym for U.S. you, the importer) meet federal requirements for imported products.

Ethics in Supply Chain Management

Globalior

Most compliance managers in supply chain functions would readily agree that they hold ethical practices in high regard and likewise hold a firm moral high ground when making decisions in the course of their work. In this article we look at what it means – at least a tactical level, to say that a supply chain is being ethically managed. Most companies have supply chains that operate in models upwards of 2PL.

The Top 10 Features of Effective Supply Chain Managers

Cerasis

Brandon is a writer connected with digital marketing and supply chain management. In this article, he writes about the characteristics of an effective supply chain manager. . WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. The job description of a supply chain manager sure sounds cool, doesn’t it? It’s no wonder why so many people are interested in becoming supply chain managers.

7 Reasons Why the Supply Chain Matters to Business Success

Logistics Bureau

The success of your business links inextricably to the performance of your supply chain. you have to make your supply chain successful too. Of course, it is helpful to have some statistics on hand to validate the statement above. Supply Chain and Business Success By the Numbers. According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries.

Supply Chain TLC

Blue Grace Logistics

For the most part, we consider the supply chain to be a means to an end. While the supply chain is a rather complex system that utilizes a company’s logistics capabilities to the utmost, there are some companies that put decidedly more effort, energy, and even love into making it operate at its peak. It’s companies like Lush that really bring ethical sourcing to light, and have changed our understanding of a truly visible supply chain. .

Jobs and Career Paths in Supply Chain and Logistics

Logistics Bureau

Are you fresh out of college or university and planning to enter the supply chain or logistics profession? Perhaps you are considering a mid-career move into the supply chain theatre. 81% of young professionals working in supply chain say that it was the right career choice. Source: Council of Supply Chain Management Professionals 2017 Survey. Types of Job in Supply Chain and Logistics. Supply Chain Planning.

2020 Supply Chain Management Trends

EazyStock

Intro to 2020 Supply Chain Management Trends. Supply chains have lengthened and extended across borders, bringing a whole new host of opportunities and challenges. 2020 supply chain management trends will further these shifts. Greening” the Supply Chain. The push for environmental sustainability is putting new pressure on supply chain managers. One green practice expected to grow in 2020 is the circular supply chain.

What you can do to help “Weather-proof” Your Supply Chain?

Blue Grace Logistics

Severe weather events can disrupt the supply chain causing lag and bottlenecks, especially during a true black swan event in which trucks are rerouted for emergency relief. Severe weather events can disrupt the supply chain causing lag and bottlenecks, especially during a true black swan event in which trucks are rerouted for emergency relief. So what can you do to prepare your supply chain against such events?

Vendor Managed Inventory Model for Supply Chain Cost Reductions

Cerasis

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. You can employ countless number of supply chain service providers who will help realized these cost reductions throughout the entire supply chain. Complete one-on-one meetings.

8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

The success of your business links inextricably to the performance of your supply chain. you have to make your supply chain successful too. Of course, it is helpful to have some statistics on hand to validate the statement above. Supply Chain and Business Success By the Numbers. According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries.

Rethink your Business Strategy by Rethinking Your Supply Chain

CH Robinson Logistics

When I talk to worldwide businesses in Asia, Oceania, North America, or anywhere else, their chief concern is always the same: how do we meet our customers where they are to get them the products and services they want, all while keeping our own business strategy central? But one of the most common mistakes I see many companies make is positioning international supply chains merely as tactical support for larger strategies. Global supply chain management through technology.

Unlocking the Value of Gender Equality in Supply Chains

Logistics Business Magazine

While there’s no doubt progress is being made – 33% of board members in FTSE100 companies are now made up of women – women-led businesses remain significantly underrepresented across global supply chains. Supply chain diversity today.

Creating Actionable Supply Chains with Prescriptive Analytics

Morai Logistics

Prescriptive analytics is a decision making model that can help supply chains meet the increasing demands that have resulted from the revolution of technology. Now more than ever, the supply chain and logistics industry is under pressure to meet the unprecedented growing demands of consumers. In addition, they also must meet demands with efficiency and immediacy, while offering competitive rates and network opportunities.

The Search for a Supply Chain Solution

Blue Grace Logistics

Supply chain management has always been an essential part of running a successful business, but now the rules of the game are changing. In order to stay ahead of these changes, the supply chain needs to become better organized, more flexible, and able to adapt to whatever is coming down the road. . Supply Chains: Out with the Old and In With the New . Today’s supply chain is a global construction in the majority of cases.

Unlocking the Value of Gender Equality in Supply Chains

Logistics Business Magazine

While there’s no doubt progress is being made – 33% of board members in FTSE100 companies are now made up of women – women-led businesses remain significantly underrepresented across global supply chains. Supply chain diversity today.

Top Mexico Supply Chain Services

Carter Logistics

Top Mexico Supply Chain Services. The massive trade between our nations requires many different supply chain services. Our analysts work to provide innovative solutions that meet your production needs while reducing your transportation spend. This of course reduces wasted space and miles driven with empty or half-full trailers. To keep things moving, logistics companies must meet all regulations and understand how things work on both sides of the border.

How to Build Better Supply Chain Finance Goals With Analytics

Turvo

Few events carry the notoriety of black swans, and the COVID-19 pandemic is the most unprecedented and disruptive event to affect supply chains in decades. Nothing comes close to the level of turmoil it has caused, and for supply chain leaders, the severe disruption, and changes to freight rates—not to mention limited capacity—contribute to more uncertainty. Apply analytics-driven insights to improve the selection and use of carriers or other supply chain partners.

Data 46

Supply Chain Innovation Technology: No Longer Just a “Build vs. Buy” Decision

Talking Logistics

Whitman’s comments are particularly relevant in the world of supply chain and logistics today, where a wide range of technologies — Artificial Intelligence and Machine Learning, Blockchain, Internet of Things, Mobile Devices and Applications, Drones and Driverless Trucks, Robots and Warehouse Automation — are offering exciting new opportunities to transform (and perhaps even disrupt) the status quo.

Logistics & Supply Chain Risk Management: Pivoting to Resiliency with these 3 Simple Processes

Cerasis

Supply chain risk management and resiliency are hot-button topics in the industry. However, minute supply chain entities do not understand how resilience relates to risk management and what it means for improving focus on the supply chain. As the supply chain continues to grow in complexity and regulation, the opportunities for problems and other events to impact operations negatively will consequently grow.

For Your Supply Chain KPIs to be Meaningful, Apply Some Golden Rules

Logistics Bureau

9 Golden Rules for Meaningful Supply Chain KPIs. In an attempt to help you keep your supply chain organisation from analysis paralysis, metric manipulation, or measurement misnomers, I decided to use this post to share nine important guidelines, or golden rules, for benchmarking your business and monitoring performance using meaningful supply chain KPIs. If you want meaningful supply chain KPIs, you need to live with the numbers they reveal.