January, 2015

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7 Supply Chain Lessons from Lenovo

Supply Chain Opz

'Lenovo has been consistently ranked on the list of supply chain top 25 by research and advisory firm Gartner Inc for more than 4 years in a row. However, the majority of Lenovo''s supply chain case studies focus on the use of information system and the benefits of the acquisition of IBM’s PC business in 2005. In this article, we will show you 7 elements of Lenovo''s supply chain operations from the book " The Lenovo Way: Managing a Diverse Global Company for Optimal Performance ". (1) Empty You

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A new frontier for forecast accuracy

The Network Effect

'Mike Behnken/Flickr. Note, this is part two in a series on demand sensing. Part one is here. . At some point most forecasting methods will hit the law of diminishing returns where the forecast accuracy will tend to flatten out, regardless of the formulae or analytics that are applied. Mathematicians have traditionally approached forecasting based on various time series and curve fitting techniques which create a forecast based on data such as prior sales history, drawing on several years of dat

Demand 79
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Unconventional Wisdom?

Supply Chain Action Blog

Over years of working with clients, I have found that the most effective way to evaluate an a strategic software project and assess its value has been through a small scale collaborative effort in which both client and vendor invest and participate. Such an approach serves the best interest of both parties , not just the vendor. This is true when a client-specific, use-case-specific solution is required for making very complex, very valuable decisions.

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The Secret to Successful Enterprise Strategy? Always Include Supply Chain Management

Supply Chain Opz

'In this guest commentary, John McKeller , senior lecturer for the Wisconsin School of Business Grainger Center for Supply Chain Managemen t at the University of Wisconsin-Madison, explains four key considerations for successfully integrating a firm’s strategy with supply chain management. Before entering academia, McKeller held various supply chain managerial positions with subsidiaries of Ralston Purina, Eli Lilly and Company, and General Dynamics Corporation.

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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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Are Supply Chain Orchestration Services Still Science Fiction?

The Network Effect

'Sogol/Flickr. Note: This is the latest installment in a series of posts where I discuss the current landscape for logistics service providers (LSPs). In the first post, I discussed some of the top challenges that they face. In the next two, I discussed a broad set of opportunities that I am calling “ Coordination Services and Harmonization services “ .

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A cloud-based pharmaceutical supply network in….Rwanda?

The Network Effect

'Today I want to direct your attention to a great story that not many people know about yet. It’s something I’ve had the privilege of being a part of and wanted to share with you: It began when the Republic of Rwanda’s Ministry of Health (MOH) was searching for a way to better manage the end-to-end fulfillment and delivery of medical supplies throughout the country.

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BREAKING DOWN THE FUTURE OF INTERNET MARKETPLACE SUCCESS (lessons from Amazon and Alibaba)

The Network Effect

'To start, here are six indicators of Amazon’s success that can predict the future of retail: The number of units sold on the Amazon marketplace doubled in 2014. Amazon marketplace sellers sold 23% more units on Cyber Monday 2014 vs. the same day in 2013. In 2014, Amazon marketplace sellers from over 100 countries sold products to customers in 185 countries.

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Parcel Rate Increases…Defying Logic?

The Network Effect

'By Tony Nuzio, Founder & CEO ICC Logistics & Jim Tompkins, CEO Tompkins International. At FedEx Less is Now More! Parcel shippers are still trying to digest the impact of the huge freight rate increase implemented by both UPS and FedEx by changing the way they price ground services for packages measuring less than 3 cubic feet. The packages are now being charged on a dimensional weight basis for the first time ever.

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Three new year’s resolutions for your supply chain

The Network Effect

'Note: In honor of a similar post from last year, I thought I’d do an update for 2014. So here are three New Year’s resolutions for your supply chain (from a CEO’s perspecti ve). Traditionally, when a CEO paid attention to his or her supply chain, it meant something had gone wrong. Strategically, compared to other areas of the business, the supply chain was a relative backwater.

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Strategic Sourcing: The Key to Competitive Advantage

Supply Chain Opz

'Strategic Sourcing has been used by companies of all sizes for years. However, priority is always given to cost cutting initiatives. In this guest commentary, Dr. Tobias Schoenherr from Michigan State University will share some insights. Professor Schoenherr is the expert in procurement and decision making and he will provide some guiding principles that practitioners can use to create more sustainable competitive advantage.

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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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Putting the “S” Back in the S&OP Planning Process

Supply Chain Opz

'Sales & Operations Planning has been accepted more and more by both academia and practitioners as the way to balance demand and supply. In this article, Dr. Marcel Zondag who is an expert in CPG industry will explain some ways to streamline the planning process. Professor Zondag is a professor from supply chain program at Western Michigan University which is ranked one of the best program in the nation.