November, 2014

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Why a ‘single version of truth’ is key to a great supply chain

The Network Effect

'The journey from ‘good’ to ‘great’ is well underway across many global supply networks. While comprehensive benchmarks are still being normalized for comparative purposes, recent results that have been experienced by various customers of the new cloud-based platforms include reductions of 40% in inventory requirements for cycle and safety stock when compared to traditional ERP batch type processing, 5% decreases in lost sales, 99% customer service levels at retail, 5% reductions in material c

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Building Lean Supply Chain: The Executive's Guide

Supply Chain Opz

'Have you ever wondered how to implement a lean supply chain successfully? In this guest commentary, J. Paul Dittmann Ph.D. , Executive Director of the Global Supply Chain Institute at the University of Tennessee is here with us. Before entering acadmia, Paul was a Vice President at the Whirlpool Corporation. Then, he brings decades of experience and will show you how to make lean supply chain works.

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What’s new in the automotive supply chain? (Hint: Inventory Replenishment Policies)

The Network Effect

'1965 Ford Mustang Assembly Line in Dearborn. This is an ongoing series of posts on new developments within the automobile supply chain, with examples of best practices. In my last post, I talked about why a network model makes so much sense. Today I want to explore how automobile suppliers are improving their operations via inventory replenishment policies.

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Why ERP reduces accountability and measurement in your supply chain, and how you can fix it

The Network Effect

'Assuming excellence in customer responsiveness is a given, in order to achieve excellence in operating performance all employees should have a solid education and understanding as to how their roles and responsibilities contribute to their supply network outcomes in addition to their budget or financial performance. And more importantly, accountability must become a key component to any organizational and measurement alignment.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.

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Why “Distributed Order Management” is a top retail trend and why you should care

The Network Effect

'Today I want to talk about an important concept in retail–Distributed Order Management (“DOM”). Read on to find out what it is and why it’s important… The purpose of a DOM system is to intelligently broker orders across the various systems and processes utilized by the multiple parties involved in replenishing an order.

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Growing recognition within pharma that inventory management should be a top priority

The Network Effect

'There is growing recognition within pharma that inventory management should be a top priority. Industry insiders are beginning to put increasing focus on improving their inventory management practices, which lag far behind those of other industries. A recent Gartner survey found that 77% of life sciences manufacturers have reached an inventory management maturity that is only basic or lagging. .

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What are the top challenges for today’s logistics providers?

The Network Effect

'Today’s logistics customers demand flexibility and visibility. In a recent survey based on interviews with 62 international supply chain executives as well as over 1800 respondents from the logistics and manufacturing industry found that the top priority for logistics managers was “meeting customer expectations” followed by “on-time delivery”. Many of the respondents noted that customers can change delivery orders based on 10 days or less, and a majority indicated that that this window can be

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Take this test to find out how how demand-driven your organization is….

The Network Effect

'Note, this is the final post of an ongoing series. In part one , part two , and part three I explained how the terms “shelf-connected” and “demand-driven” have been in use for years within the supply chain community, but only recently has demand-driven value network technology emerged and matured enough to truly be a game-changer. Here is part three of the checklist with explanations.

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Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

'Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations.