Supply Chain Management Archives - Page 9 of 54

The Hottest Supply Chain Jobs! (Infographic)

Supply Chain Compensation is on the Rise!

It’s an exciting time to be involved in the Supply Chain and for Supply Chain jobs. Across every industry, every geography and every country there are advances in Technology, the Internet of Things (IoT), Industry 4.0, Artificial Intelligence (AI), Blockchain and more.

But none of this can function without Supply Chain professionals. Your expertise and experience are the backbone of developing the strategies and action plans for making these evolutionary and revolutionary improvements .

The Exciting Use of Drones for Inventory Control!

Love at First Flight! Flying and Crashing My First Drone! (Video)

In my experience companies always had a need for Inventory Control and an annual inventory count during which all operations were shut down for at least 2-3 days. Even then there would a period during which records were being reconciled before operations could resume normal function.

On top of the annual inventory count there were ongoing manual cycle counts throughout the entire year. Dozens of people and departments were involved in this necessary, but extremely expensive, inventory controls requirement.

With the introduction of commercial drones for inventory management the potential for revolutionary improvements is very exciting.

Supply Chain Disruptions Impacting Student Residence Construction in Canada!

Top 10 University Supply Chain Management Programs

The construction industry in Canada is facing a formidable challenge as supply chain disruptions continue to reverberate across various sectors. One of the notable sectors feeling the impact is the construction of student residences.

As the demand for student residence housing remains high, navigating these disruptions has become crucial for stakeholders involved in providing accommodation for the growing student population.

Farmville – It’s Really a Supply Chain Game!

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

Several years ago my Granddaughter asked me to load FarmVille 2 – Country Escape on my iPad. She was playing it and she wanted me to be able to play it together with her. I eagerly obliged!

I don’t really play any other video games but Farmville caught my attention. First and foremost was my Granddaughter’s desire to do this with me. But I also found that the ability to grow your Farm by adding capabilities and features, by controlling the way in which you buy and sell things, and managing your inventory levels of all of the materials was both fun and interesting.

And then I realized it. In playing FarmVille I was really just managing a digital Supply Chain!

Farmville was a Supply Chain game!!!

Optimizing Supply Chain Costs in Energy Sector Operations!

Artificial Intelligence in Energy Management! (Infographic)

In the rapidly evolving energy sector, efficient supply chain management is not just beneficial; it’s essential for survival and growth. This sector, encompassing oil, gas, and renewable energies, faces unique challenges: volatile market prices, stringent environmental regulations, and the relentless push toward sustainability. Optimizing supply chain costs stands out as a critical strategy to maintain competitiveness.

This article delves into innovative approaches and technologies that have reshaped supply chains, driving cost efficiencies while adhering to environmental and regulatory norms.

The Impact of Artificial Intelligence (AI) Over the Next Half Decade!

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

Why half? For those who may find awkward the reference to “half a decade” and not the “next decade” here is why: AI is evolving at such a staggering rate that it is simply not possible to foresee the impact of Artificial Intelligence in 10 years’ time.

A Basic Guide to ECommerce Inventory Management!

Featuring Our 10 Best Inventory Management Articles!

In this digital age, one of the best ways to earn money is to sell unique products online with the help of an eCommerce platform, such as Amazon, Alibaba, etc. However, to have a profitable online selling business, it’s crucial to understand the importance of inventory management in eCommerce.

An effective inventory management system is one of the most crucial elements of running a sustainable eCommerce business. It helps businesses arrange their products systematically and ensure all products are released on time to increase fulfillment rate and promote positive customer satisfaction.

Spend Aggregation Obstacle Course for Procurement!

Enable Spend Aggregation in Procurement!

The theory is simple! If you can increase spend levels through centralized spend aggregation across entities then you increase your leverage in negotiations. This leverage should translate to lower costs and better terms and conditions. But there is a spend aggregation obstacle course to be overcome first.

These entities may be different departments or facilities within your own company. They may be different companies under common ownership. They may be disparate companies within an industry. Or they may be unrelated companies spanning many industries.

The benefits seem clear. So why is there so much resistance when it comes to trying to aggregate spend across these entities?

Supply Chain Quotations from the Pandemic!

10 Vital Supply Chain Lessons from the Coronavirus Pandemic!

The Coronavirus Pandemic has upended virtually every aspect of our personal and working lives. And at the centre of this disruption has been Supply Chain.

We’ve heard our political and business leaders talking about Supply Chain more than any time in history. This is both because problems with Supply Chain have contributed to this issue and because solutions to these problems begin and end with Supply Chain.

Professionals are working every day to survive the current situation and strategize on how to make the changes necessary for more robust changes in the future.

During this time it’s important to reflect on what many of the global experts have had to say. In this article we’ve compiled a number of Supply Chain quotations from these experts regarding the Supply Chain and the pandemic.

3 Ways a 3PL Fulfillment Agent in China Keeps ECommerce Competitive!

Importing From China! The Essential Guide!

The recent supply chain issues have wreaked havoc on e-commerce companies. Either they can’t get products at all or there is a massive delay in when they can get them, resulting in upset customers, frustrated business owners, and overworked freight companies.

To plan for Q4 inventory, you had to have your orders in place several months ago and now, it’s too late. Fortunately, there is a way for you to solve these supply chain issues, though, and it involves partnering with a 3PL fulfillment agent in China.

Here are the three ways a 3PL fulfillment agent in China can keep your e-commerce company competitive.

There Are Not Enough Women Supply Chain Leaders!

Seasoned Leadership in Action™ – An Interview with Kristie Syndikus, VP Procurement at Maple Leaf Foods!

Women have made tremendous strides in the Supply Chain Management profession. However a new survey shows that the percentage of women Supply Chain leaders is still low.

Time was, Supply Chain Management was seen as an outgrowth of a blue collar profession. Logistics Managers, Manufacturing Directors and other Supply Chain leaders often rose from the shop floor, from front-line warehousing and transportation positions.

As a result, the field was overwhelmingly male: because mostly men occupied those front-line roles, and educational opportunities to get into the field were limited, the leadership reflected that demographic.

But as we chronicle on the Argentus blog, the field has changed. Supply Chain is no longer a back-office, transactional function.

The Amazing Supply Chain of Chocolate Easter Eggs

The Baby Supply Chain!

At the end of this month, the festival of Easter will begin. Aside from the religious connotations, many people automatically associate Easter with the legend of the Easter bunny delivering chocolate Easter eggs to children. I, for one, am a big chocolate lover, so I am fascinated by this amazing supply chain.

Originally, eggs were included in ancient pagan practices and these have, to some degree, been adapted to create some Christian Easter traditions with the egg symbolizing new life. Chocolate Easter eggs are more of a modern tradition and somewhat of a substitute for the former custom of decorating Easter eggs by dyeing and painting chicken eggs in bright colors using vegetable dye or charcoal.

Freight Mode Optimization!

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

The ability to unlock freight mode optimization and gain meaningful insights to monitor, measure and improve supply chain management is more critical than ever.

And according to a recent survey of logistics professionals, reported by Supply Chain 24/7, “A combined 61% of research participants indicated that improving forecast accuracy is either ‘important’ or ‘extremely important’ for their organizations. To improve accuracy, many are betting on new technologies like machine learning and demand sensing.”

Shippers, logistics service providers (LSPs), carriers and drivers need to know how optimization of freight is evolving in the wake of digital transformation, why it is more than simple freight mode analysis and its implications for maximizing supply chain performance.

World Class Inventory Turnover Infographic!

Featuring Our 10 Best Inventory Management Articles!

Get Our

EBOOK HERE

Achieving World Class Inventory turnover performance is an aspiration, a requirement and a challenge for many companies. We’ve written several blogs on this subject to share our experiences in achieving truly game changing results in inventory management.

Attacking just a single element of inventory has, in our experience and observation, proven to be an insufficient approach to making significant, sustainable changes. The entire ecosystem of processes, variables, and stakeholders requires taking a holistic approach enlisting a variety of tools and techniques (eg. lean inventory management) to drive game changing inventory performance.

Given the breadth, depth and complexity of the Inventory Turnover management ecosystem it is not surprising that there is much to be addressed in this area. We’ve captured much of this in our article Featuring our Top 10 Inventory Management articles.

In this blog article we’ve captured much of this content in a single Infographic

Inside the Online Casino Supply Chain that Powers Your Winning!

Responsible Gambling in Online Casinos: Tips for Safer Play!

In the realm of online casinos, the supply chain plays a crucial yet often overlooked role in ensuring the seamless operation of gaming platforms.

Let’s delve into the online casino Supply Chain and uncover the distinctive elements that set it apart.