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Supply Chain Management includes Transportation, Logistics, Fulfillment, Inventory Management, Purchasing, Process Optimization, Supplier Management, Supply/Demand Management, Cash Cycle Management + all aspects of moving goods
The need to strengthen supply chain cannot be overstated; it’s vital for efficiency, profitability, and reputability against competitors.
However, the chain must be streamlined to avoid wasting time and money. This means making sure every aspect of the process is working as it should, including logistics and operations, suppliers, and the internal team.
Continue reading “How to Strengthen Supply Chain!”With so many things currently happening on the container shipping front, we bet supply chain and logistics managers are having a hard time focusing. There are are certainly many questions that keep supply chain and logistics professionals up at night, regardless of the current socio-economic and geo-political situations.
Have a look at our infographic to remind you of 16 things you should always keep in mind when looking at supply chain and logistics.
Continue reading “16 Questions that Keep Supply Chain Managers Up at Night! (Infographic)”We are at an interesting inflection point in the history of Supply Chain and Logistics. It is no longer sufficient to think locally. We must think global logistics!
I recently had the opportunity to talk with La Chang, CEO at Think Global Logistics (TGL). Here is that Podcast!
Continue reading “Think Global Logistics! (Podcast)”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!
Continue reading “Supply Chain Visibility Has Never Been More Important!”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.
Continue reading “Revolutionizing Supply Chain Management with Computer Vision!”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.
Continue reading “5 Ways to Manage Supply Chain Documents!”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?
Continue reading “The Parallel Supply Chain … A Twilight Zone Strategy?”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.
Continue reading “The Top 10 Supply Chain CEOs of All Time!”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.
Continue reading “Optimizing Supply Chain Efficiency: Lessons from BetOnline Casino’s Operations!”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?
Continue reading “What is Product (or Master) Data Management?”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?
Continue reading “Supply Chain Education and Certification – What’s Missing?”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.
Continue reading “The Rise of AI and Machine Translation in Cross-Border Collaboration for Supply Chain!”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!
Continue reading “Applied Mathematics in Supply Chain!”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.
Continue reading “Chinese New Year: Tips to Keep Your Supply Chain Efficient! (Infographic)”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.
Continue reading “5 Ways Supply Chain Managers Cut Costs!”
EBOOK HERE
