With the current economy, budgets are tight. Instead of spending any of the extra incoming revenue on redesigning their supply chains, businesses shelve it. Supply chain redesigns are time-consuming, expensive, and have some potential drawbacks. Regardless, managers and owners need to recognize that exhaustive supply chain analyses can save from 12-20% of total transport and […]
Practical Steps to Implementing Big Data into Supply Chains
Big Data is the hottest topic in the supply chain industry right now, and it seems everyone is discussing it. From customer emails, to fulfillment and inventory, Big Data is the collection and integration of huge amounts of information that cannot be managed with traditional data applications. It is not a surprise that to many, big […]
Volatility Precedes More Volatility: Taming Instability in Supply Chain
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 […]
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.
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, […]
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