July, 2018

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Tour de Supply Chain

All Things Supply Chain

Cycling becomes even more popular during the summer months and the 105th edition of the Tour de France, which this year takes place from July 7 to July 29, adds…

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How to Bend the Transportation Cost-Curve Downward

Supply Chain Collaborator

The data is not news to anyone involved in transportation logistics. Business logistics and transportation costs are rising at a quickening pace, especially for motor freight. The reasons are many – a driver shortage, the ELD mandate, the hot economy, trade wars and rising fuel costs. No matter what the reason, shippers must find ways to bend the cost curve for transportation logistics back downward amidst a very challenging environment.

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A Short Guide to Behavioural Coaching in Support of World Class S&OP

Supply Chain Trend

To be most effective, S&OP requires a positive, growth-oriented, mentally tough mindset as well as constructive behaviours. It is unlikely that a critical mass of effective behaviours is present in every company that implements S&OP. On top of this, S&OP practitioners indicate that behaviours are not addressed enough in S&OP implementations.

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Is Your Supply Chain Strategy Inside-Out or Outside-In?

Supply Chain Minded

Digitization has changed everything. It’s changed not only how we interact but how we make decisions with readily available information. This accessibility to information and organizations has flattened the playing field for every organization as they look to market and sell their wares.

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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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The Inventory Planners Guide to Managing Product Life Cycle

EazyStock

?. A product life cycle is a business management technique that defines a list of stages in the lifespan of commercial or consumer products. Product Life cycles are used for determining the lifespan of these products; such as the normal phases through which a product goes over its lifespan. Every manufacturer and distributor of after market parts needs to have a pulse on the different stages of their product life cycle to ensure inventory levels are being accurately forecasted and replenishment

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Fixing Grocery Retail’s $10 Billion Problem

The Network Effect

After analyzing data for 1.75 million retail DC appointments on One Network’s Real Time Value Network, it became clear… the. The post Fixing Grocery Retail’s $10 Billion Problem appeared first on The Network Effect.

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What is the Best Time Management Book?

Supply Chain Opz

In this article, we will compare 2 best books on time management, namely, Getting Things Done vs Eat That Frog. The result is the best time management book. Time Management Basics Time management is about how to implement and control various activities effectively. Ineffective time management will usually lead to the loss of productivity and valuable business opportunities.

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A Short Guide to Improve Behaviours in Support of World Class S&OP

Supply Chain Trend

To be most effective, S&OP requires a positive, growth-oriented, mentally tough mindset as well as constructive behaviours. It is unlikely that a critical mass of effective behaviours is present in every company that implements S&OP. On top of this, S&OP practitioners indicate that behaviours are not addressed enough in S&OP implementations.

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Over 400,000 People Living in 'Modern Slavery' in U.S., Report Finds

Supply Chain Brain

The Global Slavery Index, published last week by Walk Free Foundation, describes modern slavery as a complex and often hidden crime that crosses borders, sectors and jurisdictions. The U.S. number, the study estimates, is almost one hundredth of the estimated 40.3 million global total number of people it defines as being enslaved. “The United States is one of the most advanced countries in the world yet has more than 400,000 modern slaves working under forced labor conditions,” said the group’s

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How Can Data Improve Supplier Decisions

Supply Chain Minded

In an ever-connected world, the availability of data along with the use of algorithms to make sense of it has become commonplace. This article explores the necessary steps to use data effectively, along with potential applications in the transportation and logistics industry.

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

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.

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What if the United States broke in half? Is Your Company Ready in the Event of a Catastrophe?

The Network Effect

The New Madrid Fault Zone stretches across Alabama, Arkansas, Illinois, Indiana, Kansas, Kentucky, Mississippi, Missouri, Oklahoma, Texas, and Tennessee. A. The post What if the United States broke in half? Is Your Company Ready in the Event of a Catastrophe? appeared first on The Network Effect.

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Passing on the Supply Chain Intern Baton

All Things Supply Chain

Today is my last day of writing content for All Things Supply Chain.

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7 Best Customer Service Books CEOs Read

Supply Chain Opz

We evaluate books related to customer service based on sales rank, reviews/endorsement by leading business leaders and show you the best customer service books. Finding Best Customer Service Books When we talk about customer service, people will usually think about the hotel and tourism business or banking business where products are less physically or tangible.

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Why we need S&OP Vision, Culture, and Language

Supply Chain Trend

PREVIEW In their three-part Foresight series entitled “Misconceptions, Missteps, and Bad Practices in S&OP,” ( Foresight issues 46, 47, 48) Chris Gray and John Dougherty expose a baker’s dozen of blunders blocking the road to an effective S&OP process. . S&OP Is the New Name for ERP. To Make S&OP Work, We’ll Need New Software. For Our Company, S&OP Is Operations (O) and Inventory without Involving Sales (S)!

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Freight Procurement Simplified: Bids from Hours to Minutes

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

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How This Plastic-Free Town Became Britain's First

Supply Chain Brain

The little white cloud looks and feels like a polystyrene packing peanut, but, Kavanaugh assures me, “it tastes exactly like a communion wafer.” After a wary nibble, I pop the whole thing in and notch it up as a snack. Kavanaugh’s packaging is made not of plastic but corn starch. If eating it feels like an act of faith, it is because there is a growing fervour in this Cornish seaside town.

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5 Pillars of Effective Supplier Management

Claritum

Claritum Article - Procurement Blog. Introduction. This article focuses on effective supplier management. The article is orientated towards indirect spend , however many of the principles apply to all spend categories. The five pillars of effective supplier management covered in this article are: Supplier Information Management. Supplier Lifecycle Management.

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Most Popular Supply Chain Posts of 2018 So Far (Part 2)

The Network Effect

Here’s is part 2 of our Most Popular Posts of 2018. If you missed it, here’s Most Popular Posts of. The post Most Popular Supply Chain Posts of 2018 So Far (Part 2) appeared first on The Network Effect.

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America's Trucker Shortage Is Hitting Home

Supply Chain Brain

And now this compression point is sending waves of pain through the supply chain from distributors and wholesalers to retailers and consumers in the form of fast-rising shipping costs. Even Amazon and its Prime members are feeling the pinch. This predicament was a long time coming. An aging driver population that continues to dwindle owing to retirement — combined with a lack of younger workers coming into the industry — is a problem that has been festering for 15 years.

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

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.

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Scientists Use Artificial Intelligence to Discover New Materials

Supply Chain Brain

Metallic glass is essentially an alloy of the future. Normally, a few metals can be mixed together so that the ideal properties of each metal are ‘added’ together to make a ‘super-metal.’ Alloys tend to behave and look like metals and their atomic structure consists of rigid geometric patterns. Metallic glass, on the other hand, does not have a rigid geometric pattern, but instead, atomic structure which is disordered much like that of glass.

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A&D’s Ambitious Three-Year Timetable for Deploying Blockchain

Supply Chain Brain

Eighty-six percent of the A&D companies queried in the Accenture research say they expect to integrate blockchain into their corporate systems within three years. As part of an annual effort, Accenture surveyed 30 A&D companies, encompassing original equipment manufacturers (OEMs) as well as tier 1 and 2 suppliers. They were part of a larger report, Accenture Technology Vision 2018 , which covered 18 industries.

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What is the Best Customer Service Book?

Supply Chain Opz

We will show you best customer service book by objective evaluation based on sales rank, reviews, citation counts and endorsement by leading business leaders. Background When we talk about customer service, people will usually think about the hotel and tourism business or banking business where products are less physically or tangible. However, customer service is actually a lifeline of any business, for example, - In some industries such as steel, chemicals and other heavy industries, products

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What is the Best Negotiation Book?

Supply Chain Opz

Here we evaluate 2 books, namely, "Getting to Yes" and "Influence" based on 3 main criteria and will show you which one is the best negotiation book of all time. Background In our opinion, there are 2 major negotiation approaches, namely, law school approach and psychological school approach. Both approaches are equally valid and accepted by business professionals.

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The Evolution of Control Towers to Command Centers

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.

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Women in Finance: A Personal Journey

Supply Chain Brain

Financial executives are stereotypically viewed as individuals with a passion for numbers, lacking the ability to communicate and collaborate with the rest of the organization. And, by the way, they’re overwhelmingly male. Today, though, that image is being undermined by dramatic changes in the role of corporate finance. On this episode, we meet Lisa Wu, chief financial officer of Haven , a provider of global trade management software.

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Manufacturers May Need to Give White-Collar Perks to Fill Blue-Collar Jobs

Supply Chain Brain

The reason behind the gap relates to demographics; an oversized generation — baby boomers — is starting to retire, and not enough of the next three generations are interested in taking their place. Most people think this deficit is concentrated in skilled labor categories, and there’s no doubt that finding candidates with the right training for certain jobs is part of the problem.

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German Cars and American Steak: Here Are the First Trade War Victims

Supply Chain Brain

Only three containers of frozen produce including prime rib and pork loin came through before the new levy slapped as much as 500,000 yuan ($75,000) on each of the remaining half-dozen crates, according to Gong Peng, the importer’s general manager. “We have no choice. We have to eat the costs,” Gong said in an interview. “We are guaranteed to dramatically lower our purchases of meat from American ranchers.

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A Journey to the Cloud Enables the Push to a Digital Supply Chain

Supply Chain Brain

At Schneider Electric , the global purveyor of energy management and industrial automation systems, the cloud presented an opportunity to undertake a wholesale digital transformation of its supply chain. Stuart Whiting, who today serves as Schneider Electric’s senior vice president for logistics and network design, arrived at the company five years ago.

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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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How Michael Dell Transformed a Struggling PC Business Into $30Bn

Supply Chain Brain

If anything, the cover was a tad understated. It’s now clear Michael Dell stands to make a fortune from Dell’s privatization, turnaround and inevitable return to public stock markets. So much so, here’s an update on what it meant to be the victor: While Carl Icahn made a small profit challenging Dell for greenmail before ultimately ceding defeat, Michael Dell has accrued a paper fortune from the deal that is in itself greater than the net worth of his onetime foe, Icahn.

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Ensuring Workers’ Rights in Global Supply Chains

Supply Chain Brain

Just about every major manufacturer has a supplier code of conduct to ensure that workers are treated humanely. Too often, however, those documents fail to prevent unacceptable working conditions. In a typical global supply chain, involving multiple tiers of production, the chances of failure are alarmingly high. The solution lies in adequate training at the most important level — the workers themselves.

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7 Best Marketing Books of All Time

Supply Chain Opz

We will introduce you to the list of top rated business books for marketers using systematic evaluation and the result is the best marketing books of all time. Background Marketing has been one of the most important business subjects for a long time. Most people think marketing is just about the 4Ps, namely, Product, Promotion, Price, Place. However, modern marketers utilize marketing best practices such as market research, advertising, branding, relationship marketing, management of distributio

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What is the Best Strategic Planning Book?

Supply Chain Opz

Do you want to learn how to formulate strategy like the leading business leaders? The good news is that many strategists and CEOs write strategic planning book. What is Strategy? Strategy comes in many 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 sta

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The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.