Posts

Troubling Trends in Supply Chain Design: An Uptick in Bad Models and Collapsing Teams

  Congratulations, you’ve bought the software. Now what? Do you pick your best data analyst to go and build a model? Or do you focus on building an in-house center of excellence? Both of these options seem alright on the surface, but do they stand up to the realities of building and sustaining a supply chain design competency? In my two and a half decades in the field of supply chain network design, there are two main issues I see time and again. First, building solid, trusted supply chain network models isn’t easy. Second, most companies struggle to maintain a team capable of creating confidence with the modeling software they’ve invested in. The rise of bad models The adoption of supply chain modeling tools has increased significantly over the last 20 years, and the tools themselves are better than they used to be. Along with the orders of magnitude improvements in hardware thanks to Moore’s Law, the embedded third-party solvers have made significant strides, putting more power in t
Post a Comment
Read more

7 Ways To Optimize Your End-to-End Supply Chain

  Optimize your supply chain from start to finish Table of Contents Tier 2 Supplier Management Supplier COGS Management Supplier Inventory Management RFQ, RFP, or RFI Logistics Inventory Control Customer Demand Planning A supply chain is happening all around you. If your company somehow makes a product, or procures a product, or procures then makes a product that you then sell to a customer, you have an end-to-end supply chain that might need optimizing. How do you know if your end-to-end supply chain needs optimizing? This is the litmus test: Are you getting your customers what they want, when they want it—and spending as little money as possible accomplishing that? If you can’t answer that question, yes—clearly—your end-to-end supply chain needs optimizing. If you’re getting your customers what they want, when they want it—then good for you. You’re 10% of the way there. Because if you’re not spending as little money as possible accomplishing your customer delivery goals, then your en
1 comment
Read more

Selecting the Best Warehouse and Distribution Solution

  Warehousing and distribution benefits you need Are you facing product surges, experiencing overflow, or expecting a project next season? If you’re not ready to make the capital investments into your own warehouse space, you’re probably searching for a partner or a public warehouse to handle your product flow. When choosing the right warehouse and distribution partner, the choice comes down to trust. Who will you trust with your products? Who will you trust your end user’s customer satisfaction too? Who do you trust to be a true partner in your warehousing and distribution needs? We’ve identified three strong benefits you will gain from choosing and trusting the right warehouse partner. Simplify your inventory surges with quick resolution to better handle business demands If your product flow varies suddenly, you want a warehousing and distribution center strategy that adds flexibility to your supply chain. If you’re fortunate enough to predict those surges, you will still find great
Post a Comment
Read more

Key Supply Chain Trends For 2022 And Beyond

  As the supply chain industry is constantly evolving, it can be challenging for business leaders and supply chain managers to stay on top. So, this year, instead of reacting, companies will be proactive and stay in front of the global supply chain disruption with these top supply chain trends to look for in 2022.  Supply chain in 2022: Market Outlook  As the supply chain disruption continues into 2022, companies continue to see the risks and challenges for our global supply chains. However, companies are transitioning from "survive" to "thrive" as the global economy recovers from the COVID-19 pandemic. So, while there are still pieces to pick up, companies are starting to see supply chains recover.  A lot of the supply chain trends from the past two years have stuck around, and management will continue to see these trends through 2022. With challenges still arising from the pandemic, global port congestion, China power disruption, and other factors, supply chain ma
Post a Comment
Read more