The Supply Chain Workload Iceberg!

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SC Viral The Pandemic Diaries

Supply Chain responsibilities are vast in any organization. These jobs reach far and wide, touching virtually every business process, most metrics, and all functional areas.

But too often the expected deliverables from Supply Chain professionals are established without a real understanding of the totality and breadth of actual tasks that must be performed underneath those high level expectations.

With an iceberg it is said that only 10% of it is visible as the rest is under the water. This can be analogous to the work done in Supply Chain.

So let’s explore the Supply Chain Workload iceberg!

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Why Good Logistics Must Be at the Heart of All Supply Chains!

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Whether it’s a supply chain or a supply web, the logistics and transport your business has in place will determine whether your supply chain is a hindrance or a help. All businesses need to get supplies and raw materials in and ensure that their products are delivered as efficiently and effectively as possible.

This article details, in brief, some of the most pertinent considerations for a good logistics solution that will work for your business.

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Supply Chain Trends this Year and Beyond!

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Like other sectors, the global supply chain industry has evolved rapidly. The preceding pandemic, coupled with breakneck technologies, has brought unignorable changes in Supply Chain trends.

New and existing geopolitical conflicts, climatic changes, inflation, recession, and other unforeseen issues affect access to goods and how goods reach their final destinations.

There’s a need for the introduction of modern strategies to manage and build resilience in supply chain functions. Below are emerging Supply Chain trends poised to disrupt the environment this year and beyond.

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5 Data-Driven Ways to Improve Supply Chain Performance!

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Data-driven business practices permeate industries and departments and have become one of the biggest competitive advantages today. The level of knowledge businesses can extract from their own internal and external operations makes it possible to make informed decisions that will boost growth on multiple levels.

The situation is no different when it comes to supply chain management. This business area produces massive amounts of data coming from customers, suppliers, inventory, and more, and it can greatly benefit from a data-driven approach.

But how do you get started and what is the best way to go about it?

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The Need for Speed in Supply Chain!

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You can try and blame the need for speed on Amazon, with two-day delivery becoming one day and even same day in some instances. But all they’re doing is perfecting what we all want – immediate gratification. The double whammy of the Amazon Effect- and the COVID-19-induced exponential eCommerce spurt is pulling us along at a faster pace than we ever envisioned.

The quest is not new, it’s just now entered onto everyone’s radar. It’s been accelerated. With eCommerce growing more in three months than in the previous ten years, the pressure is on for companies to get moving, regardless of industry segment or business model – we are all affected. 

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The Supply Chain Progress Poll! Denial or Action and Innovation?

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As pandemic related restrictions are lifted in our personal and professional lives, the key question is what will our lives be like? What will our new normal be? How will Supply Chain progress?

The level of Supply Chain disruption has been pervasive, unrelenting and indiscriminate. Still there is a danger that once we get past the pandemic people will just go back to their old ways, ignoring all of the signals that things need to be improved.

As such we conducted a poll to determine how Supply Chain progress will be manifested in the future. Will companies be in denial and make no improvement or will they understand the lessons of the pandemic induced disruptions and work to make major improvements?

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The Nature Positive Supply Chain!

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There is a lot of information floating around in the media about the environment, climate change, sustainability, pollution, nature preservation and more. It cannot be understated how important these topics are to our present and to our future.

But a phrase that recently caught my attention from the World Economic Forum (WEF) was the “Nature Positive Economy”. That sounded like phrasing that would capture the interest of environmentalists and business people alike.

What did they mean by a “Nature Positive Economy”? And given that nothing can happen without a leading and supportive Supply Chain, by extension what is a “Nature Positive Supply Chain”?

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Why ERP and PLM are No Longer Standard SCM Software!

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For decades, forward-thinking supply chains were defined by how robust their investments into Enterprise Resource Planning (ERP) and Product Lifecycle Management (PLM) was. In the early days of supply chain digitization, these SCM software systems provided increased visibility and data pools to improve supply chain operations.

As time has gone on, antiquated ERPs and PLMs have become a drain on supply chain resources and a bottleneck to scalable digitization. As we look forward to the next-generation of the digital supply chain, businesses will need to invest in configurable supply chain management platforms to unify their current tech stack or displace investments into legacy systems.

Let’s define these three terms to create a clear understanding of what each system includes.

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Growing Significance of Supply Chain Education in Today’s Job Market!

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Supply Chain Management is one of the essential mechanisms that help to make things work for basically any industry. It is the set of standards and tools that help establish certain bonds and logistics that help customers make correct decisions and purchase products at lower costs.

It happens because of an efficient solution provided by marketing specialists and analysts offering appealing proposals.

The challenging part is to teach future experts as they take an interdisciplinary approach to supply chain management.

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Supply Chains Are Broken. Denial Will Kill Your Company!

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I recently saw the headline for an article which said that Supply Chains are NOT broken, but rather it is just a demand planning issue.

I couldn’t believe it. The author must have either a very narrow view of what Supply Chain is, or be oblivious to what has been going on in the world.

It is this very head-in-the-sand thinking and denial, and the resultant inaction which will ensue, that will kill companies in the future. Supply Chain’s Moment of Truth has arrived!

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The Clothing Supply Chain: From High Fashion Runway to Landfill!

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Every 3-6 months my wife and I accumulate a bag full of clothing that we no longer wear. We take it to the local Goodwill or Salvation Army. In our minds we believe that we are contributing to help those who want gently used clothing. We didn’t realize we were a part of the Clothing supply chain.

I expect that many of you do the same. You either make donations to these or similar institutions or you avail yourself of used or second hand items that are for sale at numerous outlets.

There is an extraordinary amount of time and money spent on new clothing. But only a small portion of that ends up being recycled and repurposed. In the U.S. alone over 2.5 Billion pounds of textile waste is generated each year and 85% of that goes into landfills!

And did you know that the clothing and textile industry is the second largest polluter in the world?

What exactly is happening in the Clothing Supply Chain?

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Supply Chain Woes with Inflation Rising … What’s Next?

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Companies rely on supply chain management to reduce costs and increase their production cycle. Sadly, with the advent of the Covid-19 pandemic, many global organizations had to rethink their supply chain strategy with inflation rising, especially those who depended solely on China for their requirements of raw or finished materials.

For getting the final product from its original source to the customer, there is an involvement of different persons, resources, and activities to ensure that the link does not break down and companies are able to fulfill their contractual obligations timely.

Unfortunately, the transmission of the virus changed everything.

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Supply Chain Priorities for the Pandemic’s Second Wave!

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SC Viral The Pandemic Diaries

There are over 35 million cases and over 1 million deaths due to the Coronavirus pandemic as of the beginning of October, 2020. In many countries they are still experiencing the first wave of the virus. Yet in many other countries they are either expecting or experiencing the start of the second wave of the virus. What are the Supply Chain priorities to deal with the pandemic?

As the first wave struck in early 2020 unprecedented levels of personal and business disruption was experienced by most everyone. Toilet paper and basic commodity items disappeared from store shelves as panic buying set in, in the face of the unknown.

Now that we face the prospect of a second wave of the virus, how should Supply Chain professionals focus their time and energy?

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Seasoned Leadership in Action™ – Our 2019 All Star Leaders!

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Our second year of publishing interviews with our 2019 All Star Leaders has proven to be more exciting than ever before.

The interviews are generally amongst our highest viewed articles. This further underscores the fundamental objective of Supply Chain Game Changer which is to share experiences and expertise from professionals around the world.

People want to hear from others and learn the leadership lessons they can share. They want to hear about experiences and get advice and guidance.

We are honoured to present, in order of publication, our compilation of Seasoned Leadership In Action™ interviews from 2019!

Please take the time to view them all. There is value to be learned from every single leader!

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Top 10 Global Supply Chain Risks

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Change is inevitable in modern supply chain management, and risk management is essential to success. Supply Chain risks evolve and become more prevalent with time.

Risk management strategies of yesteryear are ineffective in the changing landscape, and no type of transport can avoid risks.

Risks exist in land, air and ocean freight. They’re inevitable and unavoidable. Poor grasp of hazards in your supply chain will increase freight spend and diminish brand value.

Understanding the top 10 global supply chain risks can work to reduce their impact.

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