Supply Chain Opz
JUNE 1, 2014
'Social media has been adopted by supply chain management professionals as a mechanism to express opinions and disseminate knowledge. Since there is too much information floating around, many people rely on "influencers" who exhibit expertise, enthusiasm or credibility. Then, this article will show how the influencers in supply chain management can be identified.
The Network Effect
JUNE 11, 2014
'Note: this is part 2 in a series of posts. In part one I laid out the 5 stage maturity model that shows how organizations can turn their “big data” into “big visibility” The stages are 1) Representation; 2) Accessibility; 3) Intelligence; 4) Decision Management; 5) Outcome-Based Metrics and Performance. The fifth stage was so important, I promised to devote an entire post to it. .
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Supply Chain Opz
JUNE 1, 2014
'Supply chain planning has been recognized as one of the best practices due to the force behind globalization and higher level of competitions. Considerable cost savings can be achieved when it''s implemented properly. This article will explain its basic concept and some reasons why you may need the help of supply chain planning software. Basic Concept Many companies use the word "supply chain planner" to describe an entry level job dealing with the demand forecasting and material scheduling.
Supply Chain Opz
JUNE 30, 2014
'Business Process Management (BPM) has become one the most popular best practices in supply chain management for more than 25 years. In this article, we will show you some of the most outstanding resources that will provide you with fresh ideas to improve supply chain process. Background In 1989, Graham C. Stevens published one of the most highly cited paper called " Integrating the Supply Chain ".
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Supply Chain Opz
JUNE 1, 2014
'Professionals in supply chain management use various methods to identify best practices to improve the operations. Analysis of case study is certainly one of the most popular methods for people from business management background. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.
Supply Chain Opz
JUNE 1, 2014
'Supply chain planning has been recognized as one of the best practices due to the force behind globalization and higher level of competitions. Considerable cost savings can be achieved when it''s implemented properly. This article will explain its basic concept and some reasons why you may need the help of supply chain planning software. Basic Concept Many companies use the word "supply chain planner" to describe an entry level job dealing with the demand forecasting and material scheduling.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Supply Chain Opz
JUNE 19, 2014
'What is Supply Chain Strategy? Strategic management has been around for more than half a century but there is still no standard strategy formulation for supply chain management. In this article, we will show you what solid supply chain strategy should look like. 1) It''s a multi-year roadmap : w hen people talk about strategy, they often say something like, "we want to reduce cost by 5%" or "we will do what ever it takes to achieve 95% service level" However, Merriam-Webster dictionary defines
The Network Effect
JUNE 10, 2014
'Gartner Research recently reported that fully 70% of S&OP processes today have “little discernible strategic dimension”. Why? Success has been difficult to achieve because traditional S&OP is manually intensive, relies on data that resides in a myriad of systems, suffers from incomplete and stale views of demand and supply, and takes far too long to complete.
The Network Effect
JUNE 26, 2014
'In yesterday’s post I introduced the concept of “process robots”, and showed how they are already being deployed within supply networks to automatically do the work. For the most part these process robots have been hidden from view, lurking deep in the bowels of our supply networks solving a range of problems from simple matching of tagged services to some of the harder supply chain problems which may require some level of optimization or advanced mathematics.
Supply Chain Opz
JUNE 1, 2014
'Since the early December 2013, Amazon Prime Air, a program which aims to utilize a whole fleet of drones to make a delivery within 30 minutes, has been capturing the news headlines. The current status is that FAA has not issued any rules and regulations specifically for the commercial drone yet. Then, this article will show you 7 reasons why Amazon Prime Air or similar drone delivery program may fail to materialize. 1) Public Safety : the most terrifying thing about a drone delivery was describ
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The Network Effect
JUNE 27, 2014
'I was just with one of the leading global pharmaceutical company yesterday, and once again I was struck by how quickly the pharmaceutical supply chain is changing. I’ve already touched on elements of this before , but today I want to describe one of the main underlying causes of this transformation. The rise of OTC and Generics . The market for Over-the-Counter (OTC) medicines is now forecast to outgrow the total current pharmaceutical market.
The Network Effect
JUNE 25, 2014
'Think about an electronic workforce of process robots designed to count your inventory items in real time, on demand, with no mistakes made. You pay them nothing, and they never complain. They even alert you to any issues related to orders, inventory levels, or shipments, taking action to reorder items when they drop below minimum thresholds. Sure there are certain start-up costs, but consider the following scenario; Based on your current S&OP plan you need to add twenty FTEs to handle the
The Network Effect
JUNE 12, 2014
'In part one of this series we talked about some of the new technology best practices for S&OP. The first two we discussed were 1) Improving decision-making with network-wide “what-if” scenarios and 2) Including your key trading partners in the S&OP process. Here are numbers 3 to 5. 3. Use analytics to gain a deep understanding of your business: You cannot improve what you cannot measure.
The Network Effect
JUNE 5, 2014
'In today’s omnichannel world, there are four types of supply chains. You can either be a titan, industry leader, player, or laggard. In this new two-part series, I’ll share in-depth profiles of these four key categories—how they operate, their priorities, and what you need to know about them. Understanding their profiles gives you an advantage. Not only you can you see which category you fall under, but you can also discover which category your competitors are in.
Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski
Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea
The Network Effect
JUNE 4, 2014
'For decades, retailers have been managing two supply chains: one for when a product is selling at regular price and one for when a product is on promotion. Back in the day, there was certainly some merit to this approach. Sales volumes (and by extension, order volumes) during a promoted week could be tenfold that of a nonpromoted week. To the extent that a retailer represented a large proportion of a supplier’s production schedule, it was only prudent to place promo orders on a much longe
The Network Effect
JUNE 16, 2014
'In my last blog post , I discussed two types of supply chains in today’s omnichannel world: the titans and the industry leaders. I talked about what makes them successful and what challenges them the most. As part two in this series, I’d like to shift the spotlight to the other two categories in supply chains: the “players” and the “laggards.”. Let’s first consider the players in omnichannel.
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