How smart supply chain management delivers value

Source: CIO

Supply chain management is the ultimate back office function. It doesn’t receive as much attention as websites, marketing technology and app development. Yet improving the supply chain yields major bottom line benefits. Walmart and Amazon are household names in retail, noted for their global presence and steady emphasis on delivering low prices. Outstanding supply chain and operations systems are a key reason for their success. What if other companies were able to achieve Walmart-style supply chain efficiencies?...

Bringing Supply Chain Management To K-12

Source: SCMR

That question was posed to me at a round table on the talent crisis at the APICS annual conference last fall. Based on an initiative that I and my former colleagues at Intel launched a few years ago, I think the answer is: Quite a lot. In fact, the program we developed has been presented to K-12 students in five states in the U.S., five cities in Asia, and one city in Ireland. Working with faculty and supply chain students from Michigan State University, Arizona State University– and with input from MIT and now APICS – our goal is to reach...

Legal Disruption in EU May Cause Headaches for U.S. Supply Chain Managers

Source: SCMR

Last week’s Brexit vote has created political upheaval and a confused and uncertain global marketplace, contend leading law and supply chain analysts. According to Ashley Craig and Lindsay Meyer, partners in the international law firm, Venable LLP, The Brexit vote promises to have a major impact on businesses of all stripes, especially companies focused on international trade. Both attorneys counsel U.S. and foreign interests on transactional matters and cross-border regulatory and policy concerns, and advise clients on the new and emerging importance...

demand for supply chain managers remains strong

Source: Supply Chain Quarterly

When the U.S. Bureau of Labor Statistics (BLS) released its most recent report on the employment situation, the news was not promising. Job growth had slowed, and wage growth had stalled. The story for supply chain management and logistics positions, however, was much more positive, according to Tisha Danehl, vice president at Ajilon Professional Staffing, which has been growing its supply chain placement practice since 2012. "[In supply chain and logistics] we are still continuing to see a strong market for job seekers," said...

Survey - what is the role of apps in logistics

Source: Supply Chain Digital

These and other questions are the subject of the fourth edition of the Global Trade Management Agenda, a joint study of AEB GmbH and the Baden-Württemberg Cooperative State University (DHBW) in Stuttgart. Logistics managers, supply chain professionals, and everyone working in the fields of customs and exports, in companies of any size, are invited to participate via www.aeb.com/gtm-survey between now and 1st September 2016. Focus on apps in logistics, SCM, and customs Logistics, SCM, and global trade, offer great potential for apps: from mobile stock...

UKWA CEO Peter Ward chairs successful 3PL conference

Source: Business Wire

As it became clear that the politicians on both sides of the divide had no real plan for a post Brexit world in the event of Leave winning the day – and neither did many companies,” he said. “While it’s pretty difficult to plan when the future continues to be unclear, delegates at 3PL conference were unanimous in their view that a ‘Business as Usual’ approach was essential to calm the panic being stoked by a media frenzy around the foreseen and unforeseen consequences of the vote. Our message is one of confidence in the resilience and resourcefulness of our industry...

The Rise of FinTech in Supply Chains

Source: Harvard Business Review

A new type of services company could transform global supply chains: Financial technology companies that act as intermediaries in facilitating transactions between a company and its suppliers. They enable both the buyer and supplier to improve their working capital by making it possible for the former to extend its payables and at the same time accelerate payment to the latter. This provides both sides with benefits, including greater liquidity and less variability in the timing of payments...

Cyber Threats Pose Risk to Ocean Cargo Supply Chain

Source: SCMR

An annual intelligence authorization act passed last month by the House of Representatives would crack down on cyber-security at U.S. seaports, the latest step to alleviate growing concerns over terror attacks on the maritime industry. Lawmakers voted 371-35 for the Intelligence Authorization Act of 2017, allowing funding for 16 different intelligence agencies, including the Federal Bureau of Investigation, the Central Intelligence Agency, the Department of Defense, the Department of Homeland Security and the National Security Agency. But it is the new and...

Penn State Is a Key Link in the Supply Chain

Source: Assembly Mag

Logistics and supply chain management is more important to manufacturers than ever. Supplier collaboration, speed and agility are essential today. However, forecasting demand, managing raw materials, procuring parts, tracking work-in-process inventory and shipping finished goods to customers can be a daunting task The Center for Supply Chain Research (CSCR) at Pennsylvania State University thrives on tackling those increasingly complex challenges. With 38 faculty members and more than 1,000 student majors, Penn State boasts one of the largest academic...

Does Drop Shipping Online Orders Deliver Value?

Source: SCMR

Every year, 40 or so students in the MIT Center for Transportation & Logistics’ (MIT CTL) Master of Supply Chain Management (SCM) program complete one-year thesis research projects. The students are early-career business professionals from multiple countries with 2 to 10 years of experience in the industry. The research projects are sponsored by and carried out in collaboration with multinational corporations. Joint teams of company people, MIT SCM students, and MIT CTL faculty work on real-world problems chosen by the sponsoring companies. In this series we...

SAPICS celebrates 50 years of supply chain excellence

Source: Supply Chain Digital

It is remarkable to reflect on how supply chain management has evolved,” said Mungo Park, new president of SAPICS, during his opening speech. “In its early days only a few knew about supply chain and logistics, and now it is a much sought-after profession.” The number of conference attendees – both local and international – defied predictions in light of turbulent economic times. “Companies are seeing conference expenses as an investment in their survival, and not just as skills development spend as supply chain professionals become more and more popular as the core solution to issues standing in....

Young Tech Companies Out to Change Supply Chain Management

Source: MHL News

Massachusetts based start-up, recently put their product on the market and it is being used within its sister company’s (Quiet Logistics) fulfillment operations. Associates scan, then place items into totes placed upon and transported by the robots. The robots autonomously navigate through the warehouse infrastructure along with others in the fleet, guided by the Locus server. The value driver of this solution appears to be its flexibility and the intelligence with which it utilizes the robots and staff to efficiently manage the facility’s workload...

Three Must-Have Supply Chain Capabilities

Source: SCMR

Did you know that almost half of all companies now do business in more than 50 countries, and a third operate in more than 100 countries? While the international supply chain is booming, growing complexities such as distance, culture, and time-zones make it difficult to manage your global operations. This eBook identifies three key capabilities for combating these complexities. Download your complimentary copy to learn how to enhance visibility and improve global supply chain performance!...

Data analytics, supply chain management graduates

Source: Hindustan Times

Over the last 20 years, technology advancements, globalization and the Internet have revolutionized business practices and efficiency. Supply chain management is one of the areas that has benefitted most, as companies can now work with suppliers and business partners around the world. The bad news is the same holds true for cybercriminals and their networks – the Deep and Dark Web. The level of sophisticated attacks keep increasing year after the Deep and Dark Web. The level of sophisticated attacks keep increasing year after year...

PLS Logistics Services Recognized as a Great Supply Chain Partner

Source: Market Wired

PLS Logistics Services ("PLS"), a leading provider of technology-enabled transportation management and freight brokerage services, has been named to SupplyChainBrain's annual list of 100 Great Supply Chain Partners. "Each year, our list of 100 Great Supply Chain Partners features a select group of companies whose customers recognize them for providing outstanding solutions and services," said Brad Berger, Publisher of SupplyChainBrain. This year, Berger continues, "we received literally hundreds of nominations from solutions providers...

Caribbean Basin Supply Chains

Source: SCMR

Cuba’s TC Mariel container terminal has already planned its transformation into a major trans-shipment hub after the U.S. trade embargo ends, according to terminal general director Charles Baker. In a recent address to the Caribbean Shipping Association Executives’ Conference held near Port Canaveral, Fla., Baker described surging growth at TC Mariel, its short- and long-term expansion plans, and its strategy to diversify beyond domestic cargo into transshipment. The PSA International-operated terminal opened in January of 2014. Throughput at Mariel grew 35% in 2015...

5 Things Supply Chain Managers Need to Know

Source: Industry Week

ISO 9001 has provided a common basis for communicating and specifying requirements through supply chains for nearly three decades. The standard has evolved from the heavily manufacturing bias in the 1980s and 1990s, to one that delineates requirements to define and control processes for any type of organization. While advanced continuous improvement methodologies, including Lean and Six Sigma, have become more popular, ISO 9001 along with its industry specific variants is still considered a foundation for quality in many organizations and industries...

Supply Chain Pressures Transforming Manufacturing

Source: SCMR

The MAPI Foundations – the research affiliate of Manufacturers Alliance for Productivity and Innovation - notes that supply chain pressures are becoming a transforming influence behind automation. Automation use by competitors, customers, and suppliers were three of the top five drivers of automation investment over the past five years, inferring a supply chain and industry influence on this business decision. It also suggests that as supply chains become increasingly global, automation activity by U.S. manufacturing companies will likely spread around the world...

Top Young Tech Companies Poised to Transform Supply Chain Management

Source: Logistics View Point

Flexe describes itself as a marketplace for warehouse space. It is a cloud-based marketplace platform analogous to airbnb. Flexe works in much the same way. So for example, if you are a distributor of Halloween costumes, your warehouse is far from being fully utilized after the holiday the holiday. Your company can list your excess capacity on Flexe and provide companies that need short term warehousing services – perhaps a toy company with a hot new product release – 3PL warehousing services...


Supply Chain Software Convergence

Source: Logistics MGMT

When Gartner’s Dwight Klappic started writing about the need for “supply chain software convergence” back in 2008, most of his assertions and predictions on the topic were met with blank stares or, in some cases, downright confusion. This was before e-commerce became the force that it is today, and years before the term “omni-channel” would become a buzzword for logistics and supply chain managers. In Klappich’s eyes, supply chain convergence would give shippers a way to break through the difficulties associated with the coordination and synchronization of end-to-end supply chain processes...

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