When it comes to supply chain management, volatility is the most difficult to control. Supply chain volatility does not mean “explosiveness”, but instead “a fluctuation in the size and frequency of actual demand versus that what has been planned,” though it can seem more like explosiveness in the amount of stress it can cause to […]
Archives for February 2015
Why Is the Pharmaceutical Supply Chain Performance So Erratic?
Every year, Gartner publishes the Top 25 Supply Chains which compares all supply chains from across all industries. It’s an unfortunate part of this list, but the performance comparison always draw a lot of attention. The Gartner Supply Chain Top 25 list tries to “balance aspects of product innovation through revenue growth, efficient use of […]
7 Key Steps to an Optimized Warehouse Management System
Is your company finding itself with continued order fulfillment issues? Are you trying to increase inventory visibility while also trying to automate data collection? Your warehouse needs to look into a Warehouse Management System, or WMS to help coordinate movements and process large amounts of data quickly.
Easily Lessen Inventory Replenishment Lead-Time Changes With SAP RLT Monitor Add-On
Replenishment Lead Time, or RLT, is the required time to procure a material or a product. RLT is frequently found to have varied times from master data, purchasing info records, or service contracts. These recurrent fluctuations will affect service level and safety stock, but by implementing the add-on tool ‘Replenishment Lead-Time Monitor’, companies will greatly […]
Predictive Analytics Gives Your Company the Competitive Edge
QatarGas, the largest liquefied natural producer in the world, uses SAP HANA to optimize their business. Using SAP HANA and predictive analytics, QatarGas is able to cut their operational maintenance costs while staying economically priced, even in their especially competitive industry.
Learn to Save Your Company Money in Only 10 Minutes
Lean manufacturing can save your company money. No matter the company, implementing lean processing can cut down on costs and save time, while also increasing product quality. Learn how lean manufacturing can save your company money in the below 10-minute video that over 70,000 people have viewed.
Where Do You Look For a Problem in Your DC That You Don’t Know Exists?
In the constantly chaotic environment of a distribution center, DC managers are always looking for ways to improve their efficiency. These managers eyeing for areas of improvement may know they have a problem, or they may have been given the task by upper management as a required part of their jobs. If you know where […]
10 Key Game Changing SCM Trends to Watch
University of Tennessee’s Global Supply Chain Institute recently researched 10 specific game-changing supply chain trends that will help companies improve operations. The UT faculty surveyed 163 supply chain professionals from 132 global companies to conduct the first annual “Game-Changing Trends in Supply Chain” survey, sponsored by Ernst & Young LLP.
3PLs Perpetually In a No-Win Situation
If you think you’re stuck in a sticky situation, try being a Third Party Logistics provider. They constantly feel pressure from customers to provide lower costs and be continuously improving. On the other side, they have shippers who want their 3PL to become more innovative without providing necessary information to help. On top of this, […]
10 Steps to a More Secure Global Supply Chain
Global supply chains are growing more and more complex. Trading partners almost always have wide distances between their locations. Because of these issues, security in the supply chain is becoming more difficult to maintain. From legal managements and other risks with shipping internationally, global shippers need to be equipped and ready for risks to cargo […]