Supply Chain Management Archives - Page 10 of 14

Supply Chain Visibility Has Never Been More Important!

The Toilet Paper Supply Chain!

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 visibility and the Digital Supply Chain has never been more important!

Revolutionizing Supply Chain Management with Computer Vision!

Harnessing the Power of ChatGPT and AI in Supply Chain!

In today’s fast-paced global economy, supply chain management is more critical than ever before. Efficient supply chains are the lifeblood of businesses, ensuring products are delivered on time and in the right quantities. However, managing complex supply chains can be challenging, especially with

the growing demands and the need for increased accuracy and speed.

Enter computer vision, a transformative technology that is revolutionizing the world of supply chain management.

5 Ways to Manage Supply Chain Documents!

Screen Time! Is That Enough To Be Good In Supply Chain?

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 of Supply Chain documents, 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 Parallel Supply Chain … A Twilight Zone Strategy?

Defining the New Normal in Supply Chain! What’s Normal Anyways?

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?

The Top 10 Supply Chain CEOs of All Time!

It’s Time to Welcome The Supply Chain CEO!

The world of business is a complex web of operations, strategies, and leadership, and at the heart of this intricate network lies the supply chain. Supply Chain Management is the backbone of any organization, ensuring the seamless flow of goods and services from production to consumption.

Throughout history, certain CEOs have stood out for their exceptional ability to lead and innovate in the realm of supply chain management.

In this article, we will take a closer look at the top 10 Supply Chain CEOs of all time who have a background and/or influence in Supply Chain Management. These individuals have left an indelible mark on their respective industries and have redefined the way supply chains operate.

Optimizing Supply Chain Efficiency: Lessons from BetOnline Casino’s Operations!

Valuable Ways to Improve Supply Chain Efficiency!

Efficient supply chain management is crucial for the success of any business, including online casinos like BetOnline. By streamlining and optimizing their supply chain processes, organizations can enhance customer satisfaction, reduce costs, and gain a competitive edge.

This article explores the lessons that can be learned from BetOnline Casino’s operations in optimizing supply chain efficiency.

What is Product (or Master) Data Management?

Product Management KPIs!

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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.

What then exactly is Product, or Master, Data Management?

Supply Chain Education and Certification – What’s Missing?

Quantum Leap to the Top 10 Supply Chain Skills of the Future!

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.

What is missing in Supply Chain education and certification?

The Rise of AI and Machine Translation in Cross-Border Collaboration for Supply Chain!

Global Supply Chain Integration: Overcoming Language Barriers for Seamless Operations!

In the dynamic landscape of globalized business, multinational companies face the challenge of efficiently managing supply chains that span multiple countries and linguistic regions. Effective cross-border collaboration is crucial for success, yet language barriers often hinder communication, leading to inefficiencies and delays.

This article explores the role of artificial intelligence (AI) and machine translation in overcoming these challenges, with a focus on how these technologies enhance communication, decision-making, and overall efficiency in supply chain management.

Applied Mathematics in Supply Chain!

A Formula For Achieving Game Changing Results!

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: Tips to Keep Your Supply Chain Efficient! (Infographic)

Importing From China! The Essential Guide!

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.

5 Ways Supply Chain Managers Cut Costs!

Cost Cutting! Brute Force or An Intelligent Program?

No matter the industry in which you operate, the supply chain management process is at the heart of company-wide efficiency and profitability. That’s because business leaders who know how to resolve logistics and supply-related issues have healthier bottom lines and rarely have to worry about on-time delivery.

As with so many other aspects of commercial operations, sensible cost-cutting strategies are among the core components of making supply chains function in the most efficient way possible. But how can managers and owners get started on a program to cut costs in a new organization?

Fortunately, there are dozens of handy tools for getting the job done, including the following.

Safety in Your Supply Chain is Crucial!

A Comprehensive Warehouse Safety Guide!

Health and safety in your Supply Chain is a necessary undertaking for businesses of any size and type. Accidents happen, but much less so thanks to robust and comprehensive legislation that keeps businesses in check when it comes to staff safety.

In many cases, health and safety is taken for granted by workers and management alike – especially in administrative businesses, and larger businesses with multiple stages and processes. Your business’ supply chain, from manufacture or training to client or customer, needs to be rendered just as safe as any individual office.

But what are the reasons for such an endeavour?

Supply Chain’s Moment of Truth Poll Results!

Supply Chain’s Moment of Truth Has Arrived!

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 Impermanence Actions!

10 Vital Supply Chain Lessons from the Coronavirus Pandemic!

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 post-pandemic 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.