News (3587)
Visibility Impact of Real-Time Data Sharing
Companies that share real-time demand and inventory information have to be ahead of the game, right? Not necessarily, according to APQC's benchmarking.
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Innovation Learnings From the World Cup
After some serious couch-time watching the World Cup, it's nice to know there are many things that can be learned from it relevant to the business world! Although the US didn't win the whole thing, I would bet we'll be ahead in converting the learnings to action.
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Visibility Supports Planning
Supply chain visibility has many facets. What it means to an inventory planner will differ from what a risk manager perceives it to be. Fabrizio Brasca explains how visibility can be used to support planning and operations in a recent article on the Logistics Viewpoints site.
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Top Initiatives for Supply Chains
In a recent survey, Supply Chain Digest and Gartner looked at this year's top initiatives for supply chains. Anyone who thought visibility has been over-hyped hasn't been paying attention.
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Social Media & the Supply Chain
Social media gets a bad rap in many traditional business circles. Sometimes, it's deserved, but there are some legitimate, and quite useful, ways it can be leveraged to support supply chains.
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Help for Your Procurement Strategy
Well, if you need help formulating and improving your procurement strategy, it's on the way! It seems the major consulting firms (McKinsey, BCG, etc.) are building out their practices to help clients' supply chains.
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Critical Skills for Purchasing
What are the crucial skills needed for purchasing management in the supply chain? Is it manufacturing experience and process knowledge, or other area of expertise?
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Supply Chain Planning's Next Steps
If there's anyone who puts more thought into supply chain planning than the Supply Chain Shaman herself, Lora Cecere, I'm not aware of it. She takes a look at what's on the horizon for the next phase of planning in a recent post to her site.
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Control Your Inventory Costs
Everyone can use a little help controlling inventory costs. Will Bacon, on the Material Handling & Logistics site, provides a few pointers that could support your efforts with your suppliers.
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Drive Quality With Value Stream Mapping
A backbone of Lean process improvement is Value Stream Mapping (VSM). There are right ways and wrong ways to approach process mapping, and documenting the current state is a step that will put you on the right path.
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