ivalua

APRIL 23, 2015

Spend Matters recently published a story highlighting Auto News’ coverage of supply chain and procurement localization at Magna International. On the surface, local sourcing seems simple – work with local suppliers in the areas where you do business globally. In practice, however,supply chain localization is far from easy – in fact, its requirements and practices are often incongruous with some procurement and supply chain trends leading to greater centralization of efforts and management.

Supply chain 100

Supply chain Sourcing Procurement Supply 100

Supply Chain Opz

APRIL 16, 2015

'Agile Supply Chain concept has been discussed widely but the definition can be a bit vague. In this article, we will explain how agile supply chain theories were developed and 7 ways to create agility in your organization. Agile Supply Chain Agile Supply Chain is based on the concept of "Agility" which was developed at Lehigh University in the United States.

Agile and Lean Supply Chain 86

Agile and Lean Supply Chain Supply chain Raw materials Supply 86

Supply Chain Collaborator

APRIL 8, 2015

'The recently completed private equity-driven acquisition of Kraft Foods Group by HJ Heinz Co. has illustrated an emerging cost-cutting practice that will surely be challenging to these newly merged operations. This new practice is being emulated by many industries and operations personnel will be tasked with accommodating the rigorous new cost-cutting efforts.

supply chain budgeting 71

supply chain budgeting Budget supply chain software solutions Supply Chain Optimization 71

The Network Effect

APRIL 20, 2015

'Lima Pix/Flickr. Note: This post was written by Wendy Johnson, Associate Consultant, Tompkins International. . Here at Tompkins, we often work in warehouse design. One of the most common errors in the design of warehousing facilities is to use the building cost criteria to define column spacings. With all of the considerations that go into designing a warehouse, column spacing may seem to be of little importance beyond ensuring the structural integrity of the building, but this is simply not th

Networking 76

Networking Import 76

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Supply Chain Optimization

Supply Chain Collaborator

APRIL 3, 2015

'Stage Stores is the country’s leading small-town retailer, with 65 percent of stores and 59 percent of sales in towns with populations below 50,000, which are underserved markets with limited competition. Stage Stores operates more than 850 department stores in 40 states under the Bealls, Goody’s, Palais Royal, Peebles and Stage brands. These stores are supported by three highly automated distribution centers, located in Texas, Ohio and Virginia.

Management 68

Management 68

The Network Effect

APRIL 28, 2015

Customer expectations are not consistent with what companies offer. Therefore, the companies supply chains are not allowing the fulfillment of the customers’ expectations. Wow, what an opening to this message! Are these first two sentences true? Am I just trying to get your attention? How could these first two sentences be true, as it appears I am saying that no company has set customer satisfaction standards that meet customer expectations.

Supply Chain Efficiency 74

Supply Chain Efficiency Supply chain Import Strategy 74

Supply Chain Collaborator

APRIL 21, 2015

'Is your company ready for accelerating growth or imminent slowdown in the summer of 2015? Do you even know which event to plan for? Would you be interested to learn about strategies for insulating your business from the effects of these capricious market conditions ? Read on for some commentary on why the economic outlook is so unpredictable and what you can do to ensure profitable operations regardless of which way the economy inevitably swings.

Supply Chain Optimization 60

Supply Chain Optimization Route optimization supply chain software solutions Supply Chain Efficiency 60

Supply Chain Collaborator

APRIL 21, 2015

'Inbound Logistics’ Annual List of the Best Supply Chain Logistics Solution Providers Includes the Emerging Industry Leader. April 21, 2015 – Fair Lawn, NJ – Editor Felecia Stratton contacted UltraShipTMS to confirm that, for the sixth consecutive year, the Ultra organization had earned a spot on Inbound Logistics magazine’s “Top 100 Logistics IT Providers” list.

Logistics 60

Logistics Supply Chain Optimization Route optimization supply chain software solutions 60

Supply Chain Opz

APRIL 15, 2015

What inventory book can help you to cut inventory costs? In this article, we will show you 10 best inventory book that readers at all levels can learn from. Inventory Management Overview Many people think inventory management is a clerical task but they're absolutely wrong. Effective control of inventory requires a broad spectrum of knowledge. We've conducted a literature survey and found 10 types of inventory book as below, - Basic Inventory Control: deals with basic knowledge of inventory mana

Inventory 69

Inventory Inventory control Material management Raw materials 69

Supply Chain Collaborator

APRIL 3, 2015

'Stage Stores is the country’s leading small-town retailer, with 65 percent of stores and 59 percent of sales in towns with populations below 50,000, which are underserved markets with limited competition. Stage Stores operates more than 850 department stores in 40 states under the Bealls, Goody’s, Palais Royal, Peebles and Stage brands. These stores are supported by three highly automated distribution centers, located in Texas, Ohio and Virginia.

Management 60

Management 60

Advertiser: GEP

As early as next year, procurement and supply chain operations will begin to adopt AI agents, often called “agentic AI,” to work alongside employees to make and execute decisions with precision across procurement and even the most complex global supply chains. Unlike LLM-based generative AI tools such as ChatGPT, these AI agents do not require prompts from humans.

Supply chain

The Network Effect

APRIL 22, 2015

'Nathaniel Zumbach/Flickr. In business our mission is to leverage our assets to the benefit of both our shareholders and stakeholders. Yet is today’s standard practice of merely maintaining master data across our various and disconnected transactional systems achieving this mission? In this series of posts I will explore how master data management (MDM), a topic traditionally thought of as a matter of interest only to CIOs and IT Directors, can have a big impact on a company’s bottom line, both

Data 67

Data Strategy Management Networking 67

The Network Effect

APRIL 16, 2015

'It is difficult to come across many supply chain leaders today who do not subscribe to the principle of Demand-Driven Supply Chains. As supply chain experts we continue to write about, provide webinars, present at conferences, and assist numerous client companies to progress towards the Demand-Driven Supply Chain model. Software suppliers have promoted and developed software to help enable the Demand-Driven Supply Chain model.

supply chain budgeting 66

supply chain budgeting supply chain software solutions Demand Supply Chain Optimization 66

The Network Effect

APRIL 10, 2015

'Philosophers have only interpreted the world, in various ways. The point, however, is to change it. – Karl Marx (1818-1883). What do you see when you look at the image above? A demon skull? An old woman with wild hair? A happening dance party? That’s the great thing about the Rorschach inkblot test – there’s no wrong answer. Any and all interpretations of an inkblot are “right”.

Networking 64

Networking Inventory Influencing Supply chain 64

The Network Effect

APRIL 3, 2015

'Scottish Government/Flickr. We spend a good deal of time in distribution / fulfillment centers and get a first hand view to how material handling systems are working. Our observations over the last several years are that the equipment components of today’s material handling systems (conveyors, pick to light, sortation etc.) are showing signs of aging.

Risk 63

Risk Networking Strategy Data 63

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

Bidding

The Network Effect

APRIL 2, 2015

'The great management theorist W. Edwards Deming was once quoted as saying, “Without data you’re just another person with an opinion”. Over the past few years, the amount of available Point of Sale (POS) data has grown dramatically, increasing the urgency for all companies who sell through retail channels to leverage such data to drive decisions in their upstream supply networks.

Supply chain 62

Supply chain Consumer demands Networking Supply 62

The Network Effect

APRIL 7, 2015

'Christian Schnettelker/Flickr. Note: This is the next installment in an ongoing series that explores shelf-connected supply networks. In the first post, I asked whether a shelf-connected system was possible with traditional ERP systems. Today I want to discuss how new approaches to forecasting processes are required in a shelf-connected world. . A “demand-driven value network” (DDVN) oriented architecture is similar in concept to a “Consumer-Driven” network, and is a good framework for building

Networking 57

Networking Supply Supply Chain Optimization Distribution Planning 57

Supply Chain Opz

APRIL 12, 2015

'There are thousands of project management books in the market but how to determine the most practical project management book that you can really use? In this article, we will show you how we uncover the best PM books that deserve your attention. Background In 1950s, the United States Navy developed a method called "Program Evaluation and Review Technique" (PERT) for Polarlis Submarine Weapon System and this marks the birth of modern project management as we know today.

Project management 53

Project management Management Quality Data 53

The Network Effect

APRIL 17, 2015

'Phillipp Pohle/Flickr. Note, this is part two in a series on demand sensing. Part one is here. Part two is here. Part 3 is here. . Information theory shows us that increasing mathematical precision to model a “perfect fit” will reach a point where further sophistication of time-series analysis no longer is able to improve upon forecast accuracy.

Demand 49

Demand Supply Chain Optimization Networking Consumer demands 49

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.

Supply Chain Optimization

Supply Chain Opz

APRIL 1, 2015

Is time management important to your business and your life? This article will show you 10 best time management books that get the attentions of leading CEOs. What is time management exactly? Time management is a broad concept that encompass various planning and control of activities. Poor time management can results in loss of revenue or business opportunities.

Management 45

Management Product development Import Contract 45

Supply Chain Opz

APRIL 15, 2015

Are you looking for lean books that help you create sustainable change? In this article, we will show you 10 best lean books every lean enterprise should read. Background Lean concept is considered one of the most popular management practice that can be used anywhere from manufacturing to service environment, from automotive industry to retail industry.

Sustainability 40

Sustainability Quality Management Strategy 40

Supply Chain Opz

APRIL 15, 2015

What negotiation books can help you sharpen your negotiation skills? In this article, we will show you 10 best negotiation books that readers at all levels can learn from. The Science of Negotiation We believe many of you know John Nash from the movie "A Beautiful Mind" but what "Nash Equilibrium" has something to do with "Negotiation"? In 1951, Nash published the paper called "Non-Cooperative Games".

Negotiation 40

Negotiation Strategy Import Data 40

Supply Chain Opz

APRIL 13, 2015

'Vendor Risk Management is the important element of supplier evaluation. However, assessment of vendor financial risk is not quite easy to carry out. This article will show you how to check financial conditions of vendors with and without financial statement. Short Term Liquidity From operational perspective, you want to make sure that supplier has enough money to pay its bills, buy raw materials so they can deliver products and services to you.

Risk 40

Risk Raw materials Purchase orders Suppliers 40

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Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.

Real-time Visibility

Supply Chain Opz

APRIL 1, 2015

Do you want to excel in business negotiations quickly? This article will show you 10 best negotiation books that help you master essential negotiation skills. Anatomy of Negotiations According to negotiation theory, there are 4 important aspects of negotiations that you have to take into account as below, - Who are you negotiating with? When you are dealing with adversary, the maximum gain is expected but when you are dealing with your own business partner, win-win negotiation is more desirable.

Negotiation 40

Negotiation Strategy Import Contract 40

Supply Chain Opz

APRIL 1, 2015

Do you have to lead your team to the right direction? This article will present a list of great leadership textbook that will help you every step of the way. What are leadership skills? Leadership is not position but the action you make everyday and some of these actions are as below, - Clarifying problems: a great leader has to be able to identify challenges at hand so they can make further actions - Setting objectives: after the challenges are identified, a mission statement or objectives shou

Leadership 40

Leadership Data Management 40

Supply Chain Opz

APRIL 1, 2015

Are you an executive who wishes to plan and implement effective strategy? In this article, 10 best strategy books by world's leading CEOs will be presented. Background Strategy comes in many different shapes and forms. It can be the Art of War by Sun Tzu, the Value Chain Model by Michael Porter or the Balanced Scorecard by Norton and Kaplan. However, there are 3 basic components that are the basis of any strategy as below, - Diagnosis or the nature of challenges - Guiding Policy or a broad state

Strategy 40

Strategy Leadership Business strategy Management 40

Supply Chain Opz

APRIL 1, 2015

Are you planning to use team building to improve organizational performance? We will show you some popular team building book that you can use on daily basis. Team Building Basics Team building is so very important in modern organizational development because companies rely on the synchronization of activities to create outstanding products or services.

Leadership 40

Leadership Import Suppliers Management 40

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

Sustainability

Supply Chain Opz

APRIL 1, 2015

Thinking about getting PMP certificate? In this article, leading PM experts will discuss about the benefits of PMP exam and best PMP books to help you prepare. Every organization already has some type of project management works. However, is it necessary to take the PMP exam? Each year, PMI asks project management professionals around the world to report their salary information including job title, industry, type of project and years of work experience.

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Project management Leadership Management Quality 40

Supply Chain Opz

APRIL 15, 2015

In this article, we will explore the decision making book's landscape, decision making methods and provide a list of top 10 decision making book you can use. Background Making a sound decision can be very tricky, especially in the situations where supporting data are not available and/or the problems are too complex and involve multiple stakeholders.

Management 40

Management Data Import Quality 40