State of Ocean Container Supply Chain

Source: Supply Chain Review

It’s almost June, and the opening of the long-awaited expansion of the Panama Canal takes place next month. Having won a lottery draw conducted at the Panama Canal Administration building in late April, COSCO’s container vessel Andronikos, which has a maximum capacity of 9,400 twenty-foot equivalent units (TEUs), will make the first transit. If for any reason the Andronikos cannot be deployed, Wallenius Wilhemsen Lines’s car carrier Thalatta will take its place...

Do you understand your digital supply chain?

Source: Venture Beat

The concept of a supply chain is well understood in manufacturing. It involves the movement, staging, and storage of raw materials, work-in-process inventory, and finished goods from the point of origin to point of consumption. Supply chain concepts have exerted an outsized influence on the global economy in the past several decades. Global transport lanes over land, sea and air. Modern intermodal shipping containers...

Effective, efficient supply chain management boosts GDP

Source: Van Guard

Supply chain management is the live wire of SME and entrepreneurial setting in any given economy. Nigeria has not been able to achieve much on this because of our poor transport network system. In this interview with Tunji Gomes, a Senior Manager, Supply Chain, in Accenture, Nigeria’s Consumer Goods practice, he revealed how a well planned supply chain management process boosts GDP of developed and developing countries. Excerpts...

Supply Chain Management System Upgrades

Source: PR News Wire

Annual Conference, Panaya, the company empowering organizations with the ability to fully automate the maintenance, deployment, and upgrade process of ERP systems in the most efficient way possible, announced today the availability of Panaya CloudQuality™ Suite for Supply Chain Management Systems. Panaya extends its offering to the ERP application level offering Supply Chain Management systems the same accelerated...

5 Ways to Improve Healthcare Supply Chain Management

Source: Recycle Intelligence

In this age of payment reform, it’s vital for healthcare supply chain management to be effective if healthcare executives want to reduce costs and improve quality. An efficient supply chain has the ability to improve the delivery of healthcare services. However, managing complex supply chains is not a simple task. Many supply chains are characteristically fragmented...

3D Experience Platform to Supply Chain Planning and Operations

Source: Business Wire

world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, today announced the signing of a definitive share purchase agreement to acquire Ortems, a key provider of on-premise and on the cloud capacity constraint-based production scheduling and dispatching software. The acquisition of Ortems, based in Lyon, France, will extend Dassault Systèmes’ 3DEXPERIENCE platform and its industry...

SGS acquires 20% stake of Transparency

Source: PR Newswire

Transparency-One, the supply chain risk management platform, today announced that SGS, the world's leading inspection, verification, testing, and certification company, has acquired a 20% stake in the company. The company's financing is led by Jerome Malavoy, former founder and CEO of Trace One with participation from SGS. The investment coincides with the spinoff of Transparency-One from Trace One, the global leader in private label product lifecycle...

Legal Blacksmith: A Q&A with the Authors

Source: SCMR

Supply chain legal disputes don’t start out as legal disputes. They typically start out as badly written contracts, poor communication with supply chain partners, and an inability to resolve conflicts. While legal battles are sometimes inevitable, most of the time, they can be avoided through planning and an informed approach to the supply chain and associated processes...

New partnership supports Singapore’s supply chain start-ups

Source: Supply Chan Digital

Asia Pacific's leading integrated end-to-end supply chain management and logistics partner, announced that it has launched Supply Chain Angels (SCA), its corporate venture arm. Co-invested by National Research Foundation (NRF) under the Early Stage Venture Funding Scheme III (ESVF III), SCA invests in startups that are synergistic and complementary to YCH’s supply chain and logistic business with the aim of “Creating Unicorns in the Supply Chain”...

Investing in Supply Chain Resiliency

Source: SCMR

When it comes to ocean cargo shipping—the backbone of global supply chains—the world appears to be more secure: According to the Allianz Global Corporate & Specialty (AGCS) fourth annual Safety and Shipping Review 2016, vessel losses declined by 3% last year. Furthermore, losses have declined by 45% since 2006, driven by an increasingly robust safety environment and self-regulation....

Make Your Supply Chain Competency Model Built-to-Last

Source: MHL News

In our industry, we have explicit expectations of the capabilities a supply chain professional must possess and demonstrate in their role and at their current level. Key characteristics of a good competency model include aggregating those capabilities into core competencies that are supported by logical sub-competencies. It also should have the levels of role experience and a description of what each level means....

Move over old man. It’s time to meet supply chain planning 4.0

Source: Trevor Miles

Supply Chain Management is a relatively young practice, though many of the core principles go back many decades and are based on Operations Research concepts. These have focused on optimization and efficiency. Undoubtedly the world is a better place because of this focus on manufacturing and distribution efficiency over the past 50 years, resulting in large gains in productivity and therefore standards of livings...

Choice Overload

Source: Supply Chain Review

The old sailor telling his tale in Samuel Taylor Coleridge’s poem has just returned from a long voyage. He recounts how he shot an albatross that was once viewed as a good omen for the voy¬age, and how he was then blamed by his crew when the winds turned against them and they were trapped on a ship going nowhere, depleting their supplies. They were surrounded by salt water, but neither he nor the rest of the crew had a drop of fresh water...

Protect Your Supply Chain with a Third-Party Risk Management Program

Source: Business to Community

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 year...

How Far Can Retailers Push Supply Chain Partners?

Source: Payments and Commerce

The squeeze is on in the supply chain world. It might have been enough for retailers to have come to a collective agreement last year that consumer demand for express delivery was here to stay, but the pressure of keeping shelves stocked has turned some old friends against each other. After all, it’s a dog eat dog world, and retailers are making sure their suppliers know it...

Successful and Profitable Home Delivery

Source: SCMR

It seems everyone is getting into the home delivery game. Yet many of the biggest etailers and so-called disrupters in transportation are not showing a profit. In fact, for the shipper—retailer, wholesaler, or brand manufacturer—direct home delivery is eating away at the bottom line. In this new world of Omni-channel—profitable and efficient anytime, anywhere fulfillment is the goal. Perfect fill rates, on time delivery...

Supply Chain Maintenance, Repair and Ops

Source: Sourcing Journal

While companies may make tens of thousands of transactions from hundreds or thousands of suppliers each year to keep their facilities running, sourcing, ordering, paying for, receiving, storing, and distributing MRO materials, compose a relatively small percentage of a company’s annual spend. Compared to the weekly payroll, a new marketing campaign, or installing another production line, buying a spare valve or another...

Sustainability Goals in the Supply Chain

Source: Supply Chain Review

According to the Environmental Protection Agency, “Sustainability is based on a simple principle: Everything that we need for our survival and well-being depends, either directly or indirectly, on our natural environment. To pursue sustainability is to create and maintain the conditions under which humans and nature can exist in productive harmony to support present and future generations....

Supply Chain Management Award Winners Selected

Source: SHU

The Sigma Chi Mu Tau Honor Society, founded at the University of Arkansas in 2016, named the inaugural Sigma Chi Mu Tau Leadership Award winner Rachel Stoehr. Rachel graduated in May 2016 with a B.S.B.A. with a focus in supply chain management. Rachel was the captain of the University of Arkansas Swim and Dive team for two years conducting 400 consecutive meetings for the team. She was also a veteran leader in the University of Arkansas...


4 Quick Questions: Supply Chain Management Best Practices

Source: MBT Mag

Each business is unique, so planning for supply chain disruptions partly depends on its specific vulnerabilities. Businesses can identify weak spots in their supply chain by getting to know their suppliers and their suppliers’ suppliers. Ideally, businesses would negotiate to require a review and approval process for any changes at the supplier and their suppliers. The more they can learn about each player in the supply chain, whether...

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