August, 2014

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6 maps that explain global supply chains

The Network Effect

'We all know that supply chains are becoming more and more global, but how often can we actually see them becoming more global? The site vox.com has compiled 38 maps that explain the global economy. We’ve selected 6 that are especially relevant to supply chains. #1: How Sugar Circulates Globally. Even seemingly simple commodities have complex supply chains.

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Supply Chain Metrics To Avoid Before It's Too Late!

Supply Chain Opz

'Supply Chain Metrics are one of the most important best practices in supply chain management because " You can''t manage what you can''t measure ". However, under certain circumstances, metrics are not used or implemented properly. This article will explain to you 7 kind of supply chain metrics that you should pay special attention to. 1) Productivity Metrics : the easiest way to communicate and show the value of a supply chain operations improvement initiative is to link productivity to cost s

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Why the supply chain should be more social

The Network Effect

'No company has ‘truly’ modeled the full relationship set between how companies interact with other companies upstream and downstream in the supply chain. Some of the largest companies in the world struggle to maintain accurate master data about their suppliers. Even companies who have invested in building an accurate database of their direct suppliers know very little about the next tier of suppliers upstream in the supply chain.

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Why overcoming stale data is key to achieving a great supply chain

The Network Effect

'If we feel that today we have achieved a level of goodness across our supply network planning and operations, how do we target and mobilize toward greatness? The challenge for us in today’s competitive environment is how to evolve from ‘good’ to ‘great.’ We’ve gotten to ‘good’ by deploying the dominant technologies of today, but whose architectural design unfortunately perpetuates significant latency and inefficiency across the supply network.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.

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Supply Chain’s New World Order: How Companies can go from From Good To Great

The Network Effect

'Today and in the posts that follow, I want to discuss the technology transformation that many supply chains are undergoing, and discuss how these changes can help the wider organization move from “good” to “great” Enterprises today face a conundrum in the optimization of their supply network performance. While many have driven significant improvements over the past few years through the application of advanced tools, processes, analytics, and measurement systems, how can

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The supply chain implications of rising healthcare costs…

The Network Effect

'The pressure to contain or drive down health system costs continues to be of big focus. In the US, healthcare expenditure per person has risen by almost 78 per cent since 2000 to USD 8,700 in 2011 (Centers for Medicare & Medicaid Services 2012). In Europe, the proportion of healthcare costs as a share of GDP is predicted to rise from 6.7 in 2008 to 7.6 per cent by 2020.

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Five Major Changes Happening Right Now in Industrial Distribution

The Network Effect

'Big things are happening in today’s industrial distribution landscape–five big things, to be exact. And they are causing an uproar in the industry as they all occur simultaneously. The five big changes happening now are: 1. Experience. 2. Convenience. 3. Selection. 4. Price. 5. Competition. Let’s take a closer look at experience. This means everything from real-time product availability and enhanced search, to improved product descriptions and streamlined checkout.

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What does increasing regulatory oversight mean for the pharma supply chain?

The Network Effect

'Due to more complex supply chains, policy makers worldwide are enforcing stricter regulations for manufacturing and logistics. Selected manufacturing problems and growing public pressure have caused the US Food and Drug Administration (FDA) to strengthen GMP standards (Good Manufacturing Practices) and control them more strictly. Within a decade, the number of FDA warning letters sent to medical device manufacturers has increased threefold, from 61 letters in 2002 to 181 in 2012 (EC A 2012).

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Can Flipkart Swim with the Big Fish like Alibaba?

The Network Effect

'Indian e-commerce site Flipkart made a loud splash last week when they raised $1 billion in fresh funds. Obviously, this was done in preparation for competing with giant online retailers already well-established as big fish in this pond. Flipkart is India’s largest e-commerce company, so the announcement was big news. But as I explain in my latest video The Alibaba Effect , Alibaba is so well-positioned with funding, advanced technology, logistics, customer service, and marketing that Flipka