Supply Chain Management Archives - Page 37 of 54

10 Ultimate Tips for Career Success!

Ground Rules for Creating a High Performance Organization (HPO)!

Success means different things to different people. How you define success or your career is just as important as how someone else defines success.

For our purpose here we are going to discuss 10 Tips for Career success. Even Career success means different things to different people. For some it means constant promotion. For others it is doing the same job but doing it better than anyone else. Still for others it may be just earning a paycheque.

We realize that many of these tips are equally applicable in areas of your life beyond your career. Further we know that there are many, many more than 10 Tips.

But in the interest of helping others as they embark on, or journey through, their career, we offer these suggestions for your consideration, based on a career of experiences, to use as you see fit.

Better Waste Management for the Environment!

Optimizing Waste Management in the Warehouse!

It’s a fact that recycling and better waste management are important to the environment. But they’re also important to supply chains. Recycling keeps materials out of landfills, which reduces their size and helps them decompose more quickly.

In fact, according to the U.S. EPA (Environmental Protection Agency), recycling helps decrease the amount of waste transferred to landfills and incinerators, which is good for the environment. Plus, it also assists in generating employment opportunities in the recycling and manufacturing industries across the U.S.

How Artificial Intelligence Benefits Logistics and Supply Chain!

The Top 5 Impacts of Artificial Intelligence (AI) in Logistics!

Better inventory management, intelligent manufacturing, flexible logistical systems, and real-time delivery controls have all been made possible by the use of artificial intelligence (AI) in the supply chain and logistics.

AI in supply chain and logistics is primarily used to boost production and efficiency. Modern supply chain management uses people, technology, and software.

Artificial intelligence benefits (AI) have emerged as the most powerful technology application in several industries, including supply chains and logistics.

Can Blockchain Unblock Supply Chain?

How Industry 4.0 is Changing and How Blockchain Fits!

When people hear about Blockchain technology they think of “Bitcoin” and because of this association – The underlying Blockchain technology has been always been viewed suspiciously due its rather radical approach to data sharing on an open platform using cryptography. Can Blockchain unblock Supply Chain?

However the application of the Blockchain technology itself is not just limited to digital currency as the technology can be used for open collaboration for any information across almost any industry.

This article introduces the concept of Blockchain technology and discusses its application in revolutionizing the traditional supply chain processes which are often based on “multiple bilateral links joined together to form a chain” as opposed to the Blockchain which is based on the “formation of an open ecosystem for collaboration”.

Why Manufacturing Companies Need a CRM System in Their Supply Chain!

How CRM Can Help Supply Chain Companies!

If you are in the manufacturing industry, managing your supply chain is crucial for success. It can be a difficult task if not done correctly but using a CRM system allows you to streamline operations and create synergies that result in improved performance.

Provides transparency into processes, better relationships with customers and partners, access to real-time data for accurate decision making, as well as cost savings through optimized processes.

In this blog post, we will discuss why having a CRM system in place is necessary for successful supply chain management within the manufacturing sector.

Using Advanced Container Visibility Data to Enhance Operations!

Shipping Containers! More than just a Box! (Infographic)

Major delays in the supply chain of late have made it apparent that enhanced container visibility and supply chain management is needed. Although many of the reasons behind such recent delays — and the subsequent domino effect they produced — are not controllable, there are ways to improve the process.

Below is a brief look into a few of the hindrances affecting the supply chain, as well as how a more proactive data-gathering approach can be used to improve container visibility and container management.

The Single Point of Failure in Supply Chain – Semiconductor Fabrication!

The Single Point of Failure in Supply Chain – Baby Formula!

I am a proponent of dual sourcing. Some people believe in outsourcing or insourcing, offshoring or onshoring. I believe in all of the above. The vulnerabilities with sole sourcing are very real. And you need look no further than the pandemic and semiconductor fabrication.

The global pandemic resulted in unexpected shortages of goods and disruptions in delivery which continue to this day. And in the extreme many businesses failed, investments were lost, or suffered irreparable harm as a result.

A major reason for the extensive damage caused by the breakdown of Supply Chains during the pandemic was because of broad based single points of failure. This is why we need to address this problem as it pertains to semiconductor fabrication.

7 Ways to Improve Quality Control in Food Manufacturing!

Food Waste and World Hunger – The Food Supply Chain is Broken!

When you’re a food and beverage manufacturer, there’s no business more serious than quality control. Consumer safety and quality control go hand-in-hand for the food industry in a way that most other industries don’t have to deal with.

You’re working with the food that people put on their tables and feed to their families. That means that the right way is the one and only way to do it.

Whether you’re a new business developing your quality control procedures or it’s time for a revamp, it’s crucial to keep up with the latest developments in food and beverage quality control.

By following these seven principles, you can help ensure that your practices are up-to-date, safe, sanitary and profitable.

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

Disaster Strikes!!! Is Your Supply Chain Ready To Recover?

Recently we took our Granddaughter to see a Cirque du Soleil show. While we had seen several Cirque shows before it was her first time. The show made an indelible impression on her. She talked about it for weeks and will remember it for the rest of her life. We were proud that we gave her such a lifelong memory.

In thinking about the show and its construct I thought about the incredible amount of risk that the performers and producers are managing. These world class performers have astonishing talent but they are also working in an environment designed to eliminate risk and maximize safety.

Supply Chain Professionals, although not usually theatrical like Cirque du Soleil, also work in an environment in which they are managing a tremendous amount of risk. While most jobs are not life threatening the level of risk is still prevalent.

What are the risks that Supply Chain people deal with every day and what is Supply Chain Risk Management?

10 Small Business Inventory Management Tips!

Featuring Our 10 Best Inventory Management Articles!

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Many overwhelming strategies, processes and techniques will come your way if you have to learn and perform inventory management. It can be hard to make sense of the overall framework you need to use for any of the small business inventory management tips and techniques.

But it’s certainly possible to deal with them with some of the trusted practices in the industry. Large businesses have already pushed limits to minimize human error, and it’s high time you build solid inventory management for growing your company.

Let’s look at our highly recommended small business inventory management tips!

The Ultimate Guide to Pick and Pack Methods!

From Click to Ship in 4 Minutes! Ultimate Principles for World Class Fulfillment!

A lot more goes into successful order fulfillment than shelves of neatly stacked products. There is an art and a science to pick and pack methods.

Good inventory management and the right pick and pack software will help you ship orders with maximum speed and accuracy.

Here is your ultimate guide to pick and pack methods.

The Supply Chain Detective™ and the Mystery of the Rock Star Boss!

The Supply Chain Detective™: The Case of the Unpaid Invoices!

My plane had just landed. I turned on my cell phone. And almost immediately my CEO called to ask me about my recently hired “Rock Star” boss.

“Have you heard from Rick? Nobody’s heard from him in several days.”

Rick was my new boss, the CPO, a guy that the CEO hired a couple of months before.

“No I haven’t heard from him either. That is very unusual given the incredible pace he set for himself”, I said.

“Ok. Let me know if you hear from him and I’ll do the same.”

Where the heck was he? He seemed to be working 20 hours a day, 7 days a week. All of his direct reports were getting dozens of emails from him at all hours of the day and night. But lately there was nothing. Complete radio silence.

What happened to my new boss? It was a case for the Supply Chain Detective™.

Challenges in the Cannabis Supply Chain!

The Cannabis Supply Chain and Logistics Map!

Everyone knows that the cannabis industry is a boom market: it’s worth $7.3B in the U.S., and expected to reach $24.5B by 2020. Closer to home in Canada, sales are expected to reach $5.7 billion by 2020 creating cannabis challenges as a result.

Banks like BMO are investing hundreds of millions of dollars in cannabis companies, and publically-traded producers like Aphria, Aurora, Canopy Growth Corp, MedReleaf and others are spooling up massive operations ahead of legalization in October 2018.

The Importance of Supply Chain in the Apparel Industry!

Apparel Fulfillment – A Sneak Peek!

Apparel supply chain management is a key factor in determining the success of the apparel business. In any industry, an efficient supply chain is important to make the product reach the customer on time, and in optimum condition.

By means of optimizing the operations within the supply chain, maximum level of efficiency can be achieved, which in turn, leads to growth for the business.