Posted at 09:06 PM in Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Posted at 08:58 PM in Government, Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Posted at 08:16 PM in Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Posted at 08:12 PM in Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Posted at 08:07 PM in Education, Supply Chain Management, Talent Management | Permalink | Comments (0) | TrackBack (0)
Technorati Tags: education, peperdine, supplychain, talent, training
Posted at 09:03 PM in Source To Settle, Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Posted at 04:33 PM in Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Resource Directory that includes a comprehensive section on consultants who can assist with an organization's supply chain challenges.
Posted at 10:58 AM in Directory, Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Technorati Tags: categories, consultants, directory, supplychain
Posted at 11:40 AM in Best Practices, Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Posted at 01:42 PM in Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Technorati Tags: logistics, purchasing, scm, suppliers, supplychain
Posted at 01:06 PM in Software As A Service, Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Posted at 12:56 PM in Information Technology, Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Posted at 06:34 PM in Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Posted at 06:48 PM in Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Posted at 01:09 PM in Globalization & International, Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Posted at 07:28 PM in Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Posted at 12:14 PM in Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Posted at 08:09 PM in Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Risk: Sorting out the Real Issues
When your organization is managing several hundred thousand suppliers, risk can become a significantly complex factor in your business, which poses the question, do we have our sights set on the real issue? Supplier solvency appears to be a common topic of concern today, so let’s examine some statistics:
For example, from 1990 to 1993 the bankruptcy rate for U.S. firms was about 1.32% of the total number of firms; it is estimated that from 2005-2008 the rate was significantly lower at 0.54% (based on data from the American Bankruptcy Institute and the U.S. Census Bureau). It’s been estimated that the rate for 2009 will rise to 1.01%, a very large increase but still well below the average for 1990-1993. Additionally, in 2008 there were 43,546 firms filing for bankruptcy; that figure is expected to rise in 2009 to just over 60,000. However, over the past 20 years, the peak in the number of bankruptcies occurred in 1991 with 71,549 firms filing and the lowest point came in 2006 with only 19,695. Yet we are in the most severe downturn since the Great Depression. While supplier insolvency needs to be a concern for us at all times, it appears the effort to focus on it in managing risk today may be somewhat misplaced.
It seems to us that the most significant risk in the procurement process is not supplier insolvency but poor scheduling and late deliveries; not always an entirely supplier generated problem. Late deliveries generally impact a schedule, manufacturing or project, causing delays and most likely additional cost. Other factors, such as poor quality, can be another component in this dilemma. However, we seem to have that under control with TQM, SPC and Six Sigma. There are always inaccurate price estimates for new products as well, and maybe difficult to control without dedicated resources to conduct thorough cost and price analysis. There are also a variety of financial, legal and human behavior risks that are impossible to predict. So the question is can we do more than just watch?
Let’s stop to think for a moment. Did anyone in procurement address the issue of risk twenty years ago? Were there any consultants or third party service providers out there offering to identify risk in a company’s supply base? In today’s society, especially with the down turn in the economy, organizations are becoming more aware of this issue at hand and are implementing a learning management system or e-learning courses into their repertoire to educate their employees on Risk management and how to identify and address the problem using methods best fit for their infrastructure in resolution.
Tell us the areas of risk you believe are the most important. Again, we have our preferences but let’s hear back from you. What is your experience and what do you typically monitor?
Fred Sollish for Supply Knowledge Monday, October 26, 2009
A new report from AMR Research finds supply chain executives are expressing less concern about issues such as cost volatility and supplier quality or supply issues.
In its quarterly risk survey, of 15 possible supply chain risks, 10 declined in level of importance and five ticked up. Volatility of commodity, transportation and energy costs all declined as did concerns about supplier quality. Issues that increased included supply chain security breaches and natural disasters, which headed up likely due to hurricane season and the H1N1 pandemic in the news.
Posted at 08:13 PM in Risk Mgt & Compliance, Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
WebConcepts, a widely recognized developer of innovative supply chain planning and retail replenishment applications, announced that it has teamed up with Brightstar to provide additional key technology components to Brightstar`s growing global supply chain solutions business.
The agreement will enable Brightstar to overlay its best in class business processes on top of WebConcepts` technology platforms. The initial rollout is underway in Brightstar`s Latin America region with key Brightstar operator partners.
Initially, Brightstar`s Latin America business unit will utilize three WebConcepts solutions: iPLAN, a sophisticated demand generation application that brings together powerful tools and techniques for forecasting and product introduction modeling; iWIN SP, a solution for supply planning and replenishment between Brightstar and OEM sources; and iRIM, an application for retail replenishment. The fully integrated scalable applications will enable Brightstar to rapidly and efficiently manage inventories throughout the supply chain between its OEM and operator partners.
via www.reuters.com
Posted at 04:32 PM in Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
| Make or Break: How Manufacturers Can Leap from Decline to Revitalization (Future of Business Series) Analysis of how manufacturers and their supply chains can modernize for a lucrative future. |
Economic pressures are forcing companies to employ their supply chains, primarily the sourcing and procurement functions, to contain costs and boost revenue, according to the 2009 Global Survey of Supply Chain Progress from CSC (NYSE: CSC), Supply Chain Management Review magazine, the Council of Supply Chain Management Professionals (CSCMP) and Michigan State University (MSU).
Posted at 06:23 PM in Research, Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
AMR Research experts on global supply chain management.
Posted at 02:11 PM in Best Practices, Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
… in tough times, the supply chain occupies a much more prominent importance in the enterprise than in periods of more prosperity. And these times are certainly tough. So, all things considered, this is an opportunity to drive ‘logistics awareness.’
Posted at 02:09 PM in Logistics & Transportation, Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Congestion at established hubs, volatile energy costs, the need for sustainability, and cost-cutting initiatives are among the trends affecting where companies are locating their warehouse and distribution operations.
Posted at 05:55 PM in Logistics & Transportation, Supply Chain Management, Warehouse Management | Permalink | Comments (0) | TrackBack (0)
The third Global Chief Procurement Officer (CPO) Survey marks Capgemini’s continued commitment to understanding the trends and issues affecting the procurement executive. Given the seismic upheavals in the financial markets and their inevitable impact on commerce, it has never been so important to assess and understand what this means for procurement within organizations.
Globalization has brought benefits to the world economy by expanding the choices companies have in building their supply networks. It has also brought new degrees of risk to business at many levels.
Posted at 02:22 PM in Globalization & International, Risk Mgt & Compliance, Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Supply chain disruptions can arise from many sources — and more often than not without warning. In assessing the viability of a supply chain, companies often undervalue the element and complexity of risk. Supply chain disruptions can arise from external sources…
Posted at 02:18 PM in Risk Mgt & Compliance, Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Posted at 02:13 PM in Risk Mgt & Compliance, Supply Chain Management, Supply Management | Permalink | Comments (0) | TrackBack (0)
Given these challenges, executives (thankfully) no longer equate the Supply Chain Management discipline as simply sourcing materials at the lowest cost. Microsoft Industry and Supply Chain Solution Management teams, in surveying its customers, ISV and SI partners, and consulting with independent Industry Analysts has identified the following Supply Chain investment Megatrends..
… and in the pursuit of the business strategy.
Posted at 06:03 PM in Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
How to make your supply chain Agile, Adaptable and ...
Posted at 05:54 PM in Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Posted at 04:15 PM in Ethics & Social Responsibility, Green & Environmental, Green Purchasing, Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Global risk advisers, Aon and strategic business partner, State of Flux, have published the 2009 Risk in 21st Century Supply Chain survey, in which 75% of respondents site financial failure as the greatest risk to their supply chain. Other key risks identified by 43% of firms are physical damage at a supplier’s facility and 29% highlight data security.
Posted at 07:05 PM in Finance & Economics, Globalization & International, Risk Mgt & Compliance, Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Globalization-the integration of the political, economic and cultural activities of geographically and/or nationally separated peoples-is not a discernible event or challenge, is not new, but it is accelerating. More importantly, globalization is largely irresistible. Thus, globalization is not a policy option, but a fact to which policymakers must adapt. Globalization has accelerated as a result of many positive factors, the most notable of which include: the collapse of communism and the end of the Cold War; the spread of capitalism and free trade; more rapid and global capital flows and more liberal financial markets; the liberalization of communications; international academic and scientific collaboration; and faster and more efficient forms of transportation. At the core of accelerated global integration-at once its principal cause and consequence-is the information revolution, which is knocking down once-formidable barriers of physical distance, blurring national boundaries and creating cross-border communities of all types.
Posted at 06:12 PM in Cost Management, Globalization & International, Risk Mgt & Compliance, Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
With the development of emissions regulations and company carbon footprint goals, commercial pursuits are tilting towards sustainability -- or are they? A new study by Business Performance Management Forum and E2open has found that while businesses understand the need for sustainable supply chain management, the necessary changes have yet to be made.
The report suggested the advantages provided by a centralized eHub, a benefit that only 20 percent of respondents utilized. Some of the companies cited as using an integrated global control platform successfully were Cisco, Dell, Seagate and Xerox.
Posted at 05:40 PM in Green & Environmental, Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Increasing economic volatility has severely disrupted the supply chains of companies across industries. Rapid swings in the availability and price of key commodities, major currency fluctuations, upheaval in financial markets, disruptive geopolitical events, and continued development of customer channels on a global basis have conspired to place unprecedented pressure on the way companies source, manufacture and distribute products.
Posted at 06:13 PM in Best Practices, Research, Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
White paper, "Supply Chain Synchronization: Recession-proof Strategies for Improving Efficiencies," Nahid Jilovec addresses the Key Components of Today's Supply Chain, Supply Chain Collaboration, the three Phases of Supply Chain Synchronization and more.
Posted at 05:53 PM in Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Posted at 01:37 PM in Business Process, Lean Concepts, Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
| A Guide to Meaningful Metrics and Successful Results Understanding supplier performance is vital to ensuring a well-functioning supply network. This how-to book will help you develop and implement an evaluation process to help you reduce costs, lower risk, and improve both the performance of your company and your suppliers. This practical text includes examples of best practices that companies are using to evaluate suppliers and illustrates how to get beyond collecting data for the sake of data to achieving real results. It shows how to get at the meaning behind supplier metrics, and choose measurements that are meaningful both in the context of your company’s goals and also for the supplier. Supplier Evaluation and Performance Excellence helps you get at the root causes of supplier problems that even suppliers may be unaware of and enable them to make high-impact improvements. Many firms do not know where to begin in the supplier evaluation process, what ways would work best, or even what kind of results they want to get. They know that they should be measuring supplier performance, but may not understand why or what they would gain from it. This book is geared toward managers at two types of companies: those who know that they should be measuring supplier performance but don’t know where to start, and companies who want ideas about how to improve or revitalize a current program. Order DeskPreview & Table of Contents - PDF |
While Boeing's new 787 Dreamliner program progresses steadily toward first flight next month, the jet maker is still working to ease remaining supply-chain ...
Posted at 06:45 PM in Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Quiz time: Right now, can you answer these questions about your supply chain? Are orders peaking or plummeting outside the norm? Which of your suppliers has the best or worst on-time shipping performance? What bottlenecks exist in your day-to-day supply chain process? What’s the quickest way out of these bottlenecks?
If you don’t have the answers and even if you do you need to know how Business Activity Monitoring (BAM) combined with trading networks can impact your supply chain to achieve Right now visibility, continuous improvement, B2B efficiencies, and optimized processes. This white paper offers seven business benefits of putting a BAM plan in action.
Posted at 11:58 AM in Business Process, Risk Mgt & Compliance, Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
For purchasing professionals working with vendors in China, a new innovative solution will help to reduce their company's supply chain risk. Panjiva, the online resource for information on suppliers around...
Posted at 08:56 PM in Globalization & International, Risk Mgt & Compliance, Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
CAPS Research Recent Publications by Phillip L. Carter, D.B.A.; Robert M. Monczka, Ph.D.; Gary L. Ragatz, Ph.D.; Pete L. Jennings
Competitive challenges of the last decade have a strong direct effect on supply chain strategy and integration. This report focuses on two key issues - alignment and linkage (both inside an organization and across organizations) and how supply chain management must support the broader enterprise strategy.
The research identifies four critical supply strategy areas (providing "winning" strategies for each area); key supply chain execution processes; supply chain enablers; and 14 challenges organizations must meet to achieve true supply chain integration. The report includes illustrative practices from case studies and industry analyses for five sectors, detailing competitive forces and supply chain integration's critical role.
Posted at 09:28 PM in Best Practices, Business Process, Research, Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Concepts:
supply chain, Lee, alignment, adaptability, efficiency, Triple-A, agility, demand, costs, inventory, response, firms, economy, total supply chain, printer division, short-term, differentiation, partners.
Summary:
I wonder how many of us believe that we have a real Triple-A supply chain, but instead have something more like the Triple-A ratings that Moody's and Standard and Poor's were slapping on all manner of housing-backed bonds that we now know were substantially over rated.
Something in the back of my mind during these times told me it might be time to review the classic Harvard Business Review article "The Triple-A Supply Chain," by Stanford's Dr. Hau Lee, published back in 2004.
Instead, Lee says that what matters more are three other attributes -- the "triple-A's" of agility, adaptability, and alignment.
Posted at 08:34 PM in Purchasing, Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
|
|
This insightful and comprehensive book covers the activities of all businesses involved in the flow of products, services, finances, and information from the initial suppliers to the ultimate users. Presented using 14 simple, yet powerful, principles for building and managing the lean supply chain, Streamlined develops the thought process that managers need to lead their enterprises into the twenty-first century. It presents specific steps and instructions to help the manager deal with the complexities of running the business from a logistics and operations perspective.
The book stresses systems thinking. It uniquely integrates two management philosophies: the theory of constraints and lean thinking, illustrating how they complement and reinforce each other to create the smooth flow of goods and services through the supply chain. Srinivasan provides candid discussions of managers’ tasks and responsibilities and how they may be best accomplished by applying these conceptual tools. The concepts in this book can be applied to any organization, regardless of the industry one works in.
• Veteran managers will gain a new perspective as they view the supply chain from a holistic approach.
• The 14 principles in the book are presented with common-sense explanations.
• Less experienced managers will benefit from the case studies that provide living examples of how each of the 14 principles has been applied successfully in practice.
• The summaries and conclusions throughout the book effectively reinforce the content in each chapter.
Posted at 06:56 PM in Lean Concepts, Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
Operations and Supply Chain Management for the 21st Century, 1st Edition
Ken Boyer - Ohio State University
Rohit Verma - Cornell University
ISBN-10: 0618749330 ISBN-13: 9780618749331
592 Pages Casebound
© 2010 Published
Aberdeen, a Harte-Hanks Company (NYSE: HHS) announced that its 3rd annual Supply Chain Management (SCM) Summit once again brought together supply china management professionals from around the globe to discuss leading strategies that will drive organizations to new performance heights in 2009 and beyond. This year's event was presented by Aberdeen Group in cooperation with Supply & Demand Chain Executive Magazine, Global Logistics and Supply Chain Strategies, Material Handling Management, and Enterprise Technology Management.
Posted at 06:59 PM in Education, Professional Development, Supply Chain Management | Permalink | Comments (0) | TrackBack (0)
TradeBeam, Inc. is a global Trade Management software and services company, which provides comprehensive, integrated solutions delivered via the on-demand SaaS model, such as import and export compliance, inventory management, shipment tracking, supply chain event management, and global trade finance solutions.
Drawing on a diverse, highly experienced team with intimate knowledge of supply chain processes in multiple industries, including high-tech, electronics, retail, manufacturing, distribution and third-party logistics, TradeBeam has tailored its solutions with pre-configured industry templates along with features, functionality, and best practices embedded in the workflows that each industry demands.
Company: TradeBeam, Inc.
Two Waters Park Dr., #100, San Mateo, CA 94403
Telephone: 650-653-4800
Website: http://www.tradebeam.com
Posted at 06:53 PM in Inventory Management, Logistics & Transportation, Supply Chain Management, Trade | Permalink | Comments (0) | TrackBack (0)