Supply Chain Management Archives - Page 36 of 54

5 Maintenance Tips for Earth Moving Machinery!

Warehouse Cleaning Checklist! (Infographic)

Regular maintenance of earth-moving machinery is essential for ensuring a smooth operation. The last thing you want is to encounter a technical issue while you’re out there operating on the mining site.

Improper equipment maintenance will not only result in unwanted downtime, but it can also reduce the lifespan of the machine itself. Faulty machines also increase the risk of accidents as many workers lose their lives each year due to mechanical errors.

To make the work environment safer and more efficient, it’s imperative to keep earth-moving machinery maintained at all times.

Waiting for Good Forecasting is a Bad Strategy!

Create a Responsive Supply Chain to Handle Peaks and Lulls!

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If you work in Business or Supply Chain you feel the results and the immense pressure caused by inaccurate forecasts. You don’t believe that good forecasting even exists.

When customer demand exceeds forecast you are scrambling to get parts and materials, to secure capacity, and to expedite the movement of goods throughout the Supply Chain. When demand falls short of forecast you are left with too much inventory, excess capacity, under-utilized resources, and profit and cash flow pressures.

If only the planning people could forecast better all would be right with the world. But waiting for better forecasts is a bad, and a lazy approach.

It is much more important to create a more robust and resilient Supply Chain to dynamically respond to any fluctuations in forecasted demand.

The Role of IT in Supply Chain!

Thoughts on Future Challenges and the Strategic Direction of Supply Chain!

Supply chain management is an important aspect of every business because it ensures your business gets the supplies, resources, and materials it needs to fulfill services or deliver products to customers.

However, the modern supply chain has become increasingly complex and challenging to manage. Your organization has to be more vigilant than ever regarding security to avoid risks like data loss or theft, underscoring the role of IT. If you don’t, you might suffer from consequences like losing the trust of your customers and investors.

Collaborative Robots: Making Manufacturing Jobs More Valuable

Industry 4.0 – Smart Manufacturing of the Future! (Infographic)

First, a “Prime Objective” of the Shasta EDC is job growth in the manufacturing and technology sectors, including the use of collaborative robots. This is our key focus. However, the recruitment, retention, and expansion of our companies is equally important.

There is obviously a symbiotic relationship between employer and employees. However, from time to time there are talent gaps that emerge and technologies that force us to rethink our approaches to business.

Data shows that the number of manufacturing jobs are declining, and the jobs that remain are shifting to a mixture of the traditional and tribal knowledge around manufacturing and a blend of technical knowledge that helps to augment current manufacturing with the practical application of emerging technologies.

The Control Tower – Is Yours Real or Smoke and Mirrors?

10 Supply Chain Investment Challenges – Real and Imagined!

The advancement of digital technology enables the real-time, intelligent management of the Supply Chain. This now means you need a Control Tower.

But any company’s Supply Chain can still involve tens of thousands of skus, thousands of bills of material, thousands of suppliers, hundreds of transportation vendors, dozens of manufacturing facilities and distribution centres, and numerous customers.

So even if you have a Digital Supply Chain how do you manage this complexity? The answer is that you need a Control Tower!

4 Expert Tips For Diversifying Your Financial Portfolio!

Start Investing in 6 Easy Steps!

Investing in different asset classes has become much easier in recent years. Digital platforms and financial portfolio technologies have made various assets easier to invest in, even for the average person. However, many beginners still can’t understand the measured risks and strategies that tenured investors employ for successful returns.

One of the top investment strategies for investors is to diversify their financial portfolio. This minimizes the risk of losing a lot on only one asset by providing a cushion through other investments. Likewise, spreading out one’s investments often results in greater returns when multiple assets rise in value. This is why an investor today could have a Monero wallet for their crypto assets while holding onto shares in stocks.

If you’re new to investing or simply want to expand on your current assets, read on for expert tips to help diversify your financial portfolio effectively.

How to Earn Money Through Bitcoin!

Earn Money with Bitcoin!

Undoubtedly bitcoin is a scorching cryptocurrency preferred by almost every attendee of the cryptocurrency industry. Bitcoin has processed a considerable return of investment of every investor sine the passing decade; the fact might amaze you at the instance of foremost bitcoin purchase to earn money through Bitcoin.

The value of bitcoin was underlined as $0.004. After the first-ever purchase in the bitcoin complex, the value of bitcoin surged and was headed to the inclination route.

Bitcoin was released as a computerized coinage at the foremost glance. Even the inventor of bitcoin was not familiar with the fact that bitcoin will be equipped with an extreme value in the future. Investors, traders, and an average person is availing gigantic buck utilizing the bitcoin complex; you might be wondering how.

This article is about demonstrating how the top tier performs to earn money utilizing bitcoin. Let’s checkout how to earn money through Bitcoin.

5 Ways to Secure Your Software Supply Chain!

How to Improve Your Software Supply Chain!

When you hear the term “supply chain,” you might think of physical goods, logistics, and warehouses. However, software also has a supply chain. The software supply chain refers to the various stages involved in the delivery of a software product, from its initial design to its development, testing, deployment, and maintenance.

Consider the software supply chain as the journey that code takes, from the moment a developer writes it until it becomes part of the software you use. This journey can be complex, involving multiple people, processes, and technologies.

It may include everything from open-source libraries to third-party APIs, cloud services, and even the hardware that runs the software.

6 Trends to Make Supply Chain Managers the Heroes of Their Company!

Supply Chain Trends this Year and Beyond!

Supply chain leaders and heroes will face the year with uncertainty and opportunity. Digital technologies are becoming more prevalent in basic supply chain functions, and changes in legislation are likely to spur dramatic changes that will result in the need to reevaluate supply chain strategy in both domestic and international locations. How can they be Supply Chain heroes?

Similar to the supply chain maturity curve of technologies, as explained by Steve Banker of Forbes, supply chain managers should consider how top supply chain trends will influence operations in the coming year.

How Risk Management Software is Transforming 3 Industries!

Supply Chain Risk Management is a Cirque Du Soleil Calibre Act!

In today’s world, supply chains are more important than ever. They’re a key part of any business’s operations, but they can also be one of the most vulnerable areas.

From a business perspective, it’s no longer enough to simply produce and distribute your products. You also have to make sure they get to their intended destination on time, in good condition, and ready to be sold.

That means managing employees, vendors, customers, and more on one platform. And if you’re not doing that well enough, you’ll lose money fast. In fact, 89% of businesses encountered a supplier risk event in the last five years. But not all companies are prepared for this level of risk and complexity. That’s where supply chain risk management software comes in.

Seasoned Leadership in Action™ – An Interview with Ron Emery, Continuous Improvement Consultant

What is Mentoring?

At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “Seasoned Leadership in Action” Interview series at Supply Chain Game Changer. This interview is with Ron Emery, Continuous Improvement Consultant, Author and Entrepreneur.

The Amazing Supply Chain of Your Morning Coffee!

Peeling Back The Orange Juice Supply Chain!

Even though modern coffee machines offer an attractive variety of caffeinated drinks like cappuccino or latte macchiato, for me it is a simple cup of black coffee that helps kick-start my productivity when the clock strikes 8 am.

This “kick-start”, or boost aspect of coffee was randomly discovered between the sixth and the ninth century. A widespread tale sets the scene in the kingdom of Kaffa, in Abyssinia – which today is Ethiopia – where a shepherd one day observed that his sheep were unusually cheerful after eating white blossoms and red cherries from a previously unknown plant.

What are Incoterms?

What’s the Difference Between Freight Management and Logistics Management?

Anyone in Supply Chain has likely heard the phrase “Incoterms”, certainly if you are involved in Freight and Logistics management, or perhaps in Finance.

Even if you haven’t heard of “Incoterms” you are more likely to have heard of terms like “Ex Works”, “Free on Board” or FOB, or “DDP” (Delivered Duty Paid, amongst others. These, and more, are called Incoterms.

But for those who are unfamiliar with all of these acronyms and definitions they can be quite confusing and difficult to understand.

In this article we will endeavour to provide more clarity on what Incoterms are.

Causes of Window Supply Chain Issues!

10 Vital Supply Chain Lessons from the Coronavirus Pandemic!

Supply chain issues have impacted almost all areas of the economy and windows are no exception. New houses all over the world are just waiting for their windows to arrive so their construction crews can finish them.

A recent study found that 65% of remodelers are facing window and door shortages, which can affect timelines for every stakeholder involved.

The experts at Window Cleaning People explain what is behind these windows supply chain shortages.

5 Supply Chain and Logistics Myths Debunked!

The Supply Chain Renaissance Has Begun!

Every industry has its own set of myths, falsehoods, and urban legends. The realm of Supply Chain and Logistics myths is no different.

Consider the following questions. Is the global supply chain fully automated? If not, why not? What about the role of technology in transportation? Is it dominant or absent? Do supply chain jobs go to the most educated candidates, or are there other, more relevant factors that play in the decision? Will AI and other varieties of tech-based systems replace human beings soon?

Do commercial business leaders seek to minimize costs, or do they engage in another pursuit? What causes shortages? Is automation always a good, productive thing, or can it cause problems? Those queries are at the root of the most common supply chain myths.

Here are more details, along with a thorough debunking of each of the Supply Chain and Logistics Myths.