Randy Lewis recently retired from the pharmaceutical giant, Walgreens, with his most recent position was SVP of Supply Chain & Logistics. Throughout his 20 year employment with Walgreens, Lewis rallied for more employment for those with disabilities and earned himself, as well as his company, much recognition for this support. In March 2011, Lewis shared […]
Is Your Supply Chain Prepared for “Globalization 2.0”?
In the last year or so, there has been a lot of talk surrounding China and its place in the global market. Many companies are finding ways to bring offshored Chinese jobs back to the United States, dubbed “re-shoring”, “on-shoring”, or “right-shoring” by those involved in this corporate movement.
Does Your Supply Chain Need a Redesign?
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.
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.
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