10 Supply Chain New Year’s Resolutions for 2017

Source: Industry Week

As 2017 approaches, the world looks to have unprecedented changes. A surprise Presidential election, continued uncertainty in the global economy, and the rise of several technological innovations which have the potential to disrupt supply chains. Smart leaders have already started to plan their responses. While many people will start thinking of their personal New Year’s...

Master data management: 3 common misconceptions

Source: Supply Chain Digital

High-quality, easily-accessible data is crucial when it comes to optimising service parts inventory. When turned into information, data can deliver insights that can make or break your business. Leaders implement multiple systems, such as ERPs, CRMs, financial and warehousing software, to take advantage of every opportunity to collect data. This sounds good in theory...

burning a hole in your business?

Source: SCD

When Samsung’s Galaxy Note 7 hit the shelves in August few would have predicted that it would be on the market for just three months. After some models exploded and set alight due to their lithium ion batteries overheating, the phone manufacturer had no choice but to recall the product. And the negative impact on its share prices meant this was much more than a nasty...

5 supply chain management tips

Source: Reconteur

Let’s imagine you’re the chief executive of XYZ plc, a company that makes trainers. The global market for trainers has grown by more than 40 per cent since 2004 to around $55 billion a year and so there’s plenty of scope here. However, XYZ will have to rethink every link in its supply chain. “The structure of supply chains has changed immensely. Linear supply chains...

What you need to know about supply chain management

Source: Beta News

Supply chain management (SCM) is a vitally important business feature for many industries, having an impact on every aspect of the supply chain, from supplier to customer. Every detail of this process must be managed carefully, as even the smallest mistake could lead to delays, customer frustration and lost revenue. What’s more, supply chain management does not only refer to the...

Are our Supply Chains Susceptible to Terrorist Attacks?

Source: Supply Chain Digital

The recent Paris attack reminded the world that terrorism can hit at any time, any place. The response of governments has been to increase security in public spaces – and rightfully so. But what if these same terrorists would attack supply chains instead? Hitting just a few strategic targets in the energy trade, for example, could bring the entire global economy to a halt...

Supply Chain Managers Will Have More 3PL Options in 2017

Source: SCMR

As noted in here recently, the consultancy shared these insights and others gleaned from the 3PL Value Creation Summit held in Chicago last month. “International Transportation Management (ITM) is expected to maintain slow growth with overall net revenue of 4-5%,” says Armstrong. “But given the fact that global trade may be more complicated once a new Administration is in place in...

Supply Chain Predictions for 2016

Source: Supply Chain Digital

While big data is all good and well, we need better analytics in place to make the most of this information. Alongside this we need learning technologies that can simulate supply chain scenarios and future trends. These analytics and predictive technologies will help businesses to optimise processes and improve efficiency Today’s consumers want to make sure the products they buy are safe and responsibly sourced. This means...

Business apps give 'competitive edge' in supply chain management

Source: ITP Portal

Business apps are considered a ‘critical, competitive factor’ in global trade and logistics. This is according to a new report by software provider AEB and the University DHBW in Stuttgart, Germany. Polling 330 experts in the field of logistics, global trade and supply chain management for the report, nine out of ten see business apps as essential to success, and 86.7 per cent agree their importance will only grow...

IDC Supply Chain Predictions Foretell

Source: Logistics MGMT

Market research and consulting firm IDC has released its annual list of manufacturing supply chain predictions, which highlight the growing urgency to innovate. The IDC FutureScape provides IDC Manufacturing Insights’ top 10 predictions for global supply chains for 2016. The document reflects ongoing conversations between IDC analysts and technology vendors, consultants...

Sharp updates on business alliance with ChengDu Jusda Supply Chain Management

Source: Reuters

Digital Lumens, the market leader in intelligent LED lighting systems, and Peerless Research Group (PRG), the leading provider of independent business content and information serving the supply chain, today unveiled a new study, "How Tracking/Managing Energy Consumption Drives Real Cost Savings." The report, based on findings from 230 facility managers involved with warehouse...

Mobile Supply Chain Management Solutions Market Insight

Source: PR Newswire

This market insight summarizes and analyzes survey respondents' preferences and plans regarding mobilized supply chain management (MSCM) offerings. The Frost & Sullivan survey was conducted in mid-2015 and asked mobile and wireless decision-makers in the U.S. and Canadian companies about their MSCM deployment plans and barriers to adoption. Current MSCM users were queried...

Five takeaways from SCM Future of Supply Chain survey

Source: Supply Chain Digital

SCM World has just closed its annual Future of Supply Chain survey comprising opinions of 1,415 practitioners around the world. Again this year digitisation is dominating the discussion with big jumps in importance for a series of disruptive technologies, some of which were considered largely irrelevant just a couple of years ago...

Today’s Top Supply Chain and Logistics News From WSJ

Source: Wall Street Journal

Strait is responsible for leading the delivery of business process management, enterprise project and portfolio management, and metric and measurement services. She will also drive Amerisure’s strategic initiative prioritization process which aligns, prioritizes and resources cross-functional initiatives. Strait comes to Amerisure with more than 20 years of experience in technology solutions, process improvement...

The critical role of business apps in supply chain management, global trade and logistics

Source: Business Wire

A new study has revealed that business apps are now considered a “critical, competitive factor in global trade and logistics.” The Global Trade Management Agenda 2017, a study conducted by AEB in cooperation with University DHBW in Stuttgart, Germany, features responses from 330 experts in the fields of logistics, global trade and supply chain management...

IBM Tests Blockchain for Supply Chain With India’s Mahindra Group

Source: Coin Desk

Announced today, the partnership sees the two firms working on a prototype tool for tracking supply chain transactions via blockchain. Mahindra, a major business group in India, has operations in industries ranging from aerospace to automotives, as well as agriculture, finance and technology.
The collaboration comes as India’s business and finance sectors continue exploring the tech. Various banks in the country have...

Zhejiang China Commodities City plans to set up supply chain management unit

Source: Reuters

The fresh food supply chain ERP experts has unveiled its latest software, which offers a host of new additions including a catch weight feature, case management, and the incorporation of a global trade item number (GTIN), as well as archiving enhancements.These additions are compatible with LINKFRESH ERP on the Microsoft Dynamics NAV Platform and also offer functionality on mobile platforms...

Supply Chains Suffering From Holiday Overload

Source: PYMNTS

Amid preparing for a Thanksgiving family dinner, the flowers you had ordered from a business arrive — only, they’re not exactly what you ordered. They may be different sizes, arranged differently, include different flowers, despite placing an order for all of the arrangements to look the same. It’s a scenario SciQuest CEO Rob Bonavito’s family found itself in last week and is...

Looking back at 10 years’ worth of columns

Source: SCMR

I am completing my 10th year as the “Insights” columnist. Those of you who have fgloollowed the column during my tenure, or have possibly attended one of my numerous presentations, already know that I am passionate about supply chain management (SCM). I began my career in marketing management where I stayed until I joined Accenture’s logistics and supply chain consulting practice in 1990...

Why indirect spend is the next frontier for supply chain cost savings

Source: Supply Chain Dive

Indirect spend, long considered the backwater of supply management, are the products and services that a company needs to function. Examples are HR services like benefit administration and recruiting, IT services such as network management, travel management programs and even food service because the spend is traditionally managed directly by the business or internal stakeholders such as legal, human...

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