In the midst of the Coronavirus pandemic the need for complete, end to end Supply Chain visibility has never been more important!
The necessity for visibility started with store shelves being emptied of toilet paper, food, and various household items. People were panic buying in the face of the unknown implications of the pandemic. More and more countries and jurisdictions were locking down their citizens, temporarily shutting down businesses and enforcing social distancing and self isolation.
The chronic need for Supply Chain visibility has become of utmost importance with the overwhelming strains on global healthcare systems and networks. Hospitals and support organizations have been running low on masks, personal protective equipment and ventilators.
Most alarming is that projections of the heightened demand for these items are not met with broad visibility as to the supply and inventory of these items.
Supply Chain documents article and permission to publish here provided by Claire Glassman.
With globalization came the increase in the shipment of goods from one country to another. This made the world more interconnected and gave more opportunities for businesses. These goods come in and out of warehouses and stores with a paper trail, so it’s easier to know where they are.
As such, supply chain documents should be treated with the utmost care. As your business grows, the more supply chain documents you will handle. It’s important to note that supply chain documentation doesn’t only take place at the trading level. There are steps to be taken before goods can be traded in order to ensure the success of a business.
The Coronavirus pandemic has resulted in lockdowns of enormous portions of the global population and its businesses. The unprecedented disruption in these Supply Chains and the economy, along with panic buying (eg. toilet paper) and extraordinary demand for PPE (Personal Protect Equipment) has brought the subject of a Parallel Supply Chain to the forefront.
Simply a Parallel Supply Chain is a duplication of your mainstream Supply Chain. It sounds beneficial on the surface as a way to repatriate global Supply Chains, but is it a realistic long term strategy?
Or is a Parallel Supply Chain really a journey into the Twilight Zone?
I had just inherited a new department into my organization, the Product Data Management (PDM) team.
Shortly thereafter I started getting calls from the CEO. We were missing customer deliveries due to problems in getting the correct, and complete data, into the systems which enabled us to manage bills of material and manufacture products.
While Product Data Management seemed to have been a rather basic function I quickly learned that their role and responsibilities were not understood, were undervalued, and yet were absolutely pivotal and essential to the ability of the entire company to operate.
This was one of many lessons I learned about this critical part of any organization.
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 Mike Croza, Founder and Managing Partner at Supply Chain Alliance.
Supply Chain Alliance is a premier Management Consulting firm specializing in all things Supply Chain. With decades of experience and a track record of achieving outstanding results in all industries they are an essential resource for those looking to move their businesses forward.
The phrase “Supply Chain Management” was originally coined by Keith Oliver in 1982 and subsequently gained increasing popularity as its usage was proliferated in books and language. That was the start of Supply Chain education.
Since that time there has been an ever increasing number of Universities, Colleges, Institutions and Associations offering credits, diplomas, degrees and certifications in all or some aspect of Supply Chain.
But is just taking courses in basic topics like Procurement, Negotiation, Statistics, Operational Research or Planning sufficient?
While the basic courses are truly important we believe that they are insufficient for really preparing people for a Supply Chain career.
Amongst other things a supply chain manager is responsible for ensuring that goods are delivered to the correct destination in a timely manner. This can be a challenging task, as there are many potential problems that can occur along the way.
In this blog post, we will discuss some of the most common mathematics problems that can impact a supply chain. We will also provide tips on how to solve these problems in the next blog post. Let’s get started!
Chinese New Year is just around the corner, and more and more freight companies are working on how to sustain productivity and efficiency.
For small businesses that are new to experiencing this holiday, during Chinese New Year, some China-based companies are temporarily shutting down their activities to celebrate and administer different superstitions to have a healthy and prosperous New Year.
And this is also the time of year where freight demands shoot up, prices increase, and containers easily become full making it expensive and difficult to import.
Time will prove that the global Coronavirus pandemic has marked a major inflection point across the entire history of Supply Chain Management. Largely unknown and not understood before the pandemic, Supply Chain’s visibility and importance has seen an unprecedented level of exposure during the pandemic.
Everyone now understands that when Supply Chains fail, much of what enables our personal and professional lives also stops. The fragility of Supply Chains experienced during the pandemic demands improvements in the robustness and resilience of this core function.
It has created a Moment of Truth for Supply Chain. Will companies revert back to their old ways of doing things after the pandemic or will they make the improvements needed for the future?
We conducted our Supply Chain’s Moment of Truth Poll to find out.
Post-pandemic article and permission to publish here provided by Joe Carson, CEO of Spend Strategies, LLC.
Several months into the COVID-19 pandemic the talk of a settled “new normal” gives us hope for stability and a return to what was before. But for whatever sense of past normalcy we aspire to this experience equally conjures up our sense of impermanence – or that our lives are constantly in a state of flux to which we must sense and adapt.
For supply chain professionals, supply chains and our underlying assumptions will certainly need to adapt. In many critical supply areas, such as biopharma, the now famous PPE, and high technology medical devices, not just calls, but screams for re-examining supply lines and explicitly, our reliance on China.
This reliance began decades before for reasons that made sense then, but those assumptions and rationale have come into question now. The topic is high on the agenda of supply chain professionals as they plot the course forward.
I went into an ice cream store the other day to get a treat for my Granddaughter. As per the norm these days I put on a mask and noticed the signage on the door requiring everyone to wear a mask inside.
The person who entered the store behind me did not have a mask and was soon told by store personnel that she would not be served without a mask. Needless to say a “Karen” incident ensued followed by that person storming out of the store. Why do some people have an issue with wearing a mask?
It got me thinking about where the masks were manufactured and was there a problem with that Supply Chain. I get emails several times a week with people trying to sell me masks.
It was early September and I was sitting in my office preparing for a meeting. I was in the Retail Industry which meant that in Supply Chain this was the beginning of the frantic Holiday season. The last thing we needed was a Distribution Centre disaster.
Products were arriving at our Distribution Centres from all over the world at an unprecedented rate so that we could in turn send them out to the Retail stores over the next few months.
We were anticipating receiving more goods than ever but as it was my first year in Retail I had been assured by my team that we could handle the load.
As I sat there my Distribution Centre leader called me.
“Mike, We are out of space already. We have no more room to receive anything else.”
My heart sank. This was catastrophic. The goods we had received so far were just the tip of the iceberg. We had a real Distribution Centre disaster on our hands.
If you’re looking to start or improve your career in the field of supply chain management courses, you might be wondering where to start. Luckily, Business School offers one of the most comprehensive supply chain management programs in the world.
With four core courses and an MBA-level capstone, the Supply Chain Management program provides students with both foundational knowledge and business acumen necessary to succeed in the logistics and operations industry.
It has been another exciting year for sure, with supply disruptions and issues continuing to keep Supply Chain in the headlines, impacting every aspect of our lives.
The year is also marked by the end of the global Coronavirus pandemic and its restrictions, which has caused us to add content about what the future of Supply Chain could, or really should, become. As we state, “Supply Chain’s Moment of Truth Has Arrived!“
Make sure you read our 2022 Top 10 articles, along with a bonus article, which are amongst our best ever!