July, 2014

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Noob Guide to Supply Chain Management Definition

Supply Chain Opz

'What is the definition of supply chain management? Despite the popularity of this concept, there are considerable confusions among the practitioners. Because, each professional organization has its own version of the definition. In this article, we will show you 6 attributes that will make you understand more about the meaning. 1) It''s a network Many companies have the department that controls various activities within the supply chain.

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A shift in philosophy: basketball and your demand forecast

The Network Effect

'In January 1971, Fordham University Rams played an NCAA basketball game against the then mighty University of Massachusetts Redmen team. The game was played in Amherst, at the legendary arena known as the Cage. UMass, at the time, was almost unbeatable and hadn’t lost a game at The Cage for almost 2 years. They were led by none other than the famous Julius Erving – Dr.

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10 CEOs Reveal Favorite Operations Management Book

Supply Chain Opz

'Operations Management is a subject taught in business school anywhere in the world. However, classic textbooks seem to have the same teaching approach, content outline and even case studies. Then this article will show you what operations management really is, why it''s important to supply chain professionals and 10 books that inspire some of the world''s business leaders.

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The Noob Guide to Supply Chain Definition

Supply Chain Opz

'What is the definition of supply chain management? Despite the popularity of this concept, there are considerable confusions among the practitioners. Because, each professional organization has its own version of the definition. In this article, we will show you 6 attributes that will make you understand more about the meaning. 1) It''s a network Many companies have the department that controls various activities within the supply chain.

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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

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Operations Management: CEOs Reveal 10 Favorite Books

Supply Chain Opz

'Operations Management is a subject taught in business school anywhere in the world. However, classic textbooks seem to have the same teaching approach, content outline and even case studies. Then this article will show you what operations management really is, why it''s important to supply chain professionals and 10 books that inspire some of the world''s business leaders.

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Why the West Coast Ports Labor Dispute Matters to Retailers

The Network Effect

'By Chris Ferrell. Director, Tompkins Supply Chain Consortium. Retailers are paying close attention to labor disputes threatening to bring a stop to imports coming in to West Coast ports. They are anxiously awaiting (and hoping for) a successful dock worker agreement between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA).

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The 10 Trends Transforming the Pharma Supply Chain

The Network Effect

'The pharmaceutical landscape continues to morph at a rapid pace, and participating companies are having to develop ever more sophisticated supply chain processes and strategies in order to deal with ongoing changes in demographics, urban migration, increasing demand for healthcare, shifts toward age related disease patterns, and a rising health awareness across the population.

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Today’s Final Delivery Trends: Where Does Your Company Stand?

The Network Effect

'What does the phrase ‘get local’ mean to you? No, it doesn’t mean ‘get local’ while traveling or ‘get local’ in your neighborhood. It’s a call to action for supply chain leaders everywhere. From a supply chain perspective, ‘get local’ means meeting your customers’ final delivery demands—from personalization to speed of delivery (and everything in between).

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THE INTERNET OF THINGS: HOW “PROCESS ROBOTS” ARE Transforming Supply Chains (PART 3)

The Network Effect

'This part three in a series of posts. In part one , I introduced the concept of “process robots”, and showed how they are already being deployed within supply networks to automatically do the work. In part two, I showed how process robots can be used to match supply and demand across a global supply network. Today I want to show how with advances in platform as a service (PaaS) and cloud infrastructure, there has been significant progress in permission based access and data level security, whic

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Consumer-Driven Watch: Smart Shoppers Choose X

The Network Effect

'Over at Bloomberg View, Cass Sunstein has a great piece on a new study that provides insight into the behavior of today’s consumer. The central question is why do we buy brand name products instead of the cheaper store brand? For the first time, we have solid answers, thanks to a study by Dutch economist Bart Bronnenberg of Tilburg University and three colleagues from the University of Chicago.

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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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The Upcoming Alibaba IPO: What’s in a Name or Number?

The Network Effect

'Since 1999, when Alibaba first started their marketplace of Alibaba.com, it has been clear that the Chinese company has a strong passion for the U.S. With the recent news of Alibaba going public, some are surprised that they selected the New York Stock Exchange (NYSE) over NASDAQ, that the ticker symbol will be “BABA” and in my view, puzzled as to why the date and price of the IPO will involve the numbers “8?

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Consumer-Driven Watch: Smart Money Buys Brand X

The Network Effect

'Over at Bloomberg View, Cass Sunstein has a great piece on a new study that provides insight into the behavior of today’s consumer. The central question is why do we buy brand name products instead of the cheaper store brand? For the first time, we have solid answers, thanks to a study by Dutch economist Bart Bronnenberg of Tilburg University and three colleagues from the University of Chicago.

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Unlocking the Value of Global Supply Chain: the Case Studies

Supply Chain Opz

'Global supply chain is a very challenging subject in supply chain management because it involves different customer''s requirement, more complex operations/collaboration and unforeseen risks. Then this article will show you 6 basic strategies that many world''s leading companies use to capture the value in globalization. 1) Outsourcing Volkswagen Group has the goal to offer safe but attractive cars consists of a broad range of product categories such as, - Sporty cars such as Audi and Lamborghi

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6 reasons you should watch this video about Alibaba

The Network Effect

'How many of you have heard of Alibaba, the Chinese e-marketplace? Alibaba is the fastest growing e-commerce company in the quickest growing market in the world. I recently sat down to discuss how Alibaba is changing the way supply chains are viewed in the U.S.Here are the top 6 reasons why you need to watch The Alibaba Effect : Alibaba does 80% of the online business in the largest e-commerce market in the world.

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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