4 Gifts Blockchain will Bring the Supply Chain in the New Year

Let's Grow Leaders

And… Supply Chain Management blockchain supply chain managementAt this time of the year, trends, forecasts and innovations that are driving the technology industry forward are often summarized, and an outlook for the New Year is given.

Lessons in Cambodian Silk Supply Chains

Lead Change Blog

She’s just your ‘average’ 20-something creating an international supply chain in the fashion industry, and succeeding. Posted in Community Involvement Light Your World [link] Marcelia Muehlke, one of the great young entrepreneurs I get to hang out with.

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Lessons in Cambodian Silk Supply Chains

Mills Scofield

She''s just your ''average'' 20- something creating an international supply chain in the fashion industry, and succeeding. That lack of options means little competition which is tempting but also gave me pause – was it possible to build the kind of supply chain I was imagining?

Why Every Business Owner Should Study Supply Chain Management

Strategy Driven

Supply chain management is sometimes considered as a posh name for logistics, but it does entail much more than making sure that products are delivered from Point A to B. Having an effective supply chain management system in place will reduce idle times in your business.

When You’re Tied Up In Supply Chains, You Need A Strategy

Strategy Driven

According to estimates by supply chain management organizations, the global supply chain market is worth more than $10 trillion a year. Here’s how to execute a great supply chain strategy without getting tied up in knots.

Complimentary Resource – How to Leverage SRM For Supply Chain Resiliency

Strategy Driven

How to Leverage SRM For Supply Chain Resiliency. by TAKE Supply Chain. Click here for more information on How to Leverage SRM For Supply Chain Resiliency. You just finished reading Complimentary Resource - How to Leverage SRM For Supply Chain Resiliency !

Conscientious consumers or creatures of habit? A focus on our supply chains

Strategy Driven

Do we, as general consumers, really focus on, or give any thought at all, to the whole supply chain that eventually led to that product making it to our shopping trollies? But it goes to show you how important our supply chain actually is. A focus on our supply chains !

What Supply Chain Transparency Really Means

Harvard Business Review

Supply chain Sustainability Digital ArticleAnd five steps to get started.

Book Review: Guide to Supply Chain Management

Chartered Management Institute

Supply Chain Management spans all movement and storage of materials, work-in-process inventory, and finished goods from point of origin to point of consumption.' Supply chain management;EconomistReviewed by David Stephens FCMI. You are not watching this post, click to start watching.

How Coronavirus Could Impact the Global Supply Chain by Mid-March

Harvard Business Review

Supplies from China will dry up, slowing manufacturing and port activity worldwide. Operations management Economy Supply chain Digital Article

Executive Briefing Cost Reduction Opportunity: Inventory Optimization

Strategy Driven

For Work Management and Supply Chain leaders, areas of potential savings lie with: optimizing inventory levels while reducing associated carrying costs, minimizing or eliminating expediting costs, and.

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Why Supply Chains Need the Right Kind of Planning to Deal With Tariffs and Trade Wars - SPONSOR CONTENT FROM KINAXIS

Harvard Business Review

Global strategy Supply chain Sponsor ContentSponsor content from Kinaxis.

Prepare Your Supply Chain for Coronavirus

Harvard Business Review

It’s late in the game, but there are still steps you can take. Operations management Crisis management Digital Article

The Rise of FinTech in Supply Chains

Harvard Business Review

A new type of services company could transform global supply chains: Financial technology companies that act as intermediaries in facilitating transactions between a company and its suppliers. Traditionally, supply chain management has been about sourcing, making, and delivering.

How Coty Reinvigorated Its Supply Chain

Harvard Business Review

where one of us is Vice President Supply Chain, suggests this “magic” can be repeatable. In 2010, Coty was rapidly expanding through acquisitions and internal growth and needed to align, integrate, and further accelerate improvements in its supply chain.

Using Supply Chains to Grow Your Business

Harvard Business Review

Challenged by other entrepreneurs in Scale Up Milwaukee’s Scalerator program to come up with a plan for rapidly ramping up his business, Cronce wondered: “What if I redefined Raphael as a strategic link in the global medical imaging supply chain, rather than as a paint shop?”

The Death of Supply Chain Management

Harvard Business Review

The supply chain is the heart of a company’s operations. To make the best decisions, managers need access to real-time data about their supply chain, but the limitations of legacy technologies can thwart the goal of end-to-end transparency. New digital technologies that have the potential to take over supply chain management entirely are disrupting traditional ways of working. Technology Competitive strategy Supply chain Digital Article

Leading Without Direct Reports

In the CEO Afterlife

In the years to follow, Walter enrolled in supply management courses at some of the best universities. Leadership does not begin the when you step upon the first rung of the management ladder. One direct report does not make you a leader; nor does ten.

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Coronavirus Is Proving That We Need More Resilient Supply Chains

Harvard Business Review

Companies are paying the price for not having followed best practices. Operations management Digital Article

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New Supply Chain Jobs Are Emerging as AI Takes Hold

Harvard Business Review

Companies are cutting supply chain complexity and accelerating responsiveness using the tools of artificial intelligence. What does that mean for the supply chain workforce? Now is the time to identify exceptional talent by looking outside of the supply chain.

It’s Not A One-Sided Approach: Working With Suppliers To Generate Better Business

Strategy Driven

Usually, this is in relation to excessive expenses, whether you are concerned about the costs in the supply chain or you are not improving your bottom line, sometimes we have to look further outwards to ascertain better cost-cutting methods. Every company has its crosses to bear.

Using the Power of Supply Chains to End Sexual Harassment

Harvard Business Review

Among the recommendations we offer, one in particular is salient to businesses: supply-chain reform. So how can firms like yours get ahead of the curve and encourage reform across their own supply chain before they face activist pressure? Image Source/Getty Images.

Is Your Supply Chain Ready for a NAFTA Overhaul?

Harvard Business Review

These shifts will have important implications for the supply chain and profitability of U.S.-based This reduces the supply of dollars, makes them more difficult to get, and pushes up their relative value. They include improving cost management or operational effectiveness in procurement, supply chain, and inventory management. Companies can monitor a wide range of signposts and map them to possible strategic moves with their supply chains.

Rethinking Your Supply Chain in an Era of Protectionism

Harvard Business Review

It’s time for them to rethink their supply-chain strategies. Adjusting to new economic realities as well as political and economic uncertainties will require making their supply chains much more resilient. With all of the changes and uncertainty, companies in a wide range of industries – from autos and chemicals to electronics and appliances – are moving quickly to rethink supply chains and make them more resilient. Most U.S.

Find the Weak Link in Your Supply Chain

Harvard Business Review

A big challenge in today’s world of far-flung, complex supply chains is the limited understanding of the impact on your operations of unexpected disruption at one supplier’s site. For example, as inventory levels change in the supply chain, the risk exposure changes.

Is Your Supply Chain Ready for the Congestion Crisis?

Harvard Business Review

Either accept it (and its higher costs and lower profits) or take control of your fate with strategic, game-changing actions that cut time and costs from the supply chain. The impact on supply chains. The longer your supply chain is, the greater the risk of variability.

Avoid Feast or Famine with Demand Planning

Strategy Driven

Tactical Execution business management demand planning inventory management strategydriven supply chain managementHow do grocery stores know how much food to buy and when to buy it?

Case Study: When Tragedy Strikes Your Supply Chain

Harvard Business Review

The company would have to find a way to support the victims and their families and to tighten up oversight of its supply chain. Supply chain Crisis management Social responsibility Emerging markets Article

McDonald’s and the Challenges of a Modern Supply Chain

Harvard Business Review

Part of this story relates to the provenance, or origins, of its products: Chains that provide more upmarket “fast casual” dining such as Panera, Chipotle, and Shake Shack have brands that speak of freshness, health, and trustworthy sourcing.

The Japan Earthquake Rattles Supply Chains, Too

Harvard Business Review

Beyond the devastating and saddening human costs, the earthquake in Japan is another reminder of the complexity of the world's supply chains and the great interdependencies in global production systems. The world's supply chains are complex and highly optimized to deliver products efficiently at the lowest cost. Shocks like this ripple through the chain, and test the robustness of their design. Global business Supply chain

6 Tips for Making Your Warehouse Profitable

Strategy Driven

Tactical Execution business management strategydriven supply chain management warehouse managementWarehousing and logistics is an industry in significant flux right now.

The Supply Chain Economy and the Future of Good Jobs in America

Harvard Business Review

supply chain is generally recognized as an integral part of the American economy. From Intel’s semiconductors to Microsoft’s enterprise software, the supply chain builds the goods and services that businesses need. supply chain economy, quantified the number and quality of jobs it contains, or assessed how much it matters for innovation. supply chain economy is large and distinct. The Importance of Supply Chain Services.

How to Optimize Your Maintenance Spare Parts Inventory

Strategy Driven

For Work Management and Supply Chain leaders, areas of potential savings lie with: optimizing inventory levels while reducing associated carrying costs, minimizing or eliminating expediting costs, and.

8 Easy Ways Any Company Can Improve Inventory Management

Strategy Driven

Tactical Execution business management inventory management strategydriven supply chain management warehouse managementProper inventory management is one of the keys to keeping your business running smoothly and remaining profitable.

You Can’t Understand China’s Slowdown Without Understanding Supply Chains

Harvard Business Review

My evidence is a series of separate surveys conducted by different organizations, including the MIT Forum for Supply Chain Innovation. Global companies have realized in the last few years that strategies such as outsourcing and off-shoring have significantly increased risk because their supply chain is geographically more diverse and, as a result, exposed to all sorts of potential problems. Operations Operations management Supply chain Economy Article

In the Face of Lockdown, China’s E-Commerce Giants Deliver

Harvard Business Review

Operations Innovation Supply chain Digital ArticleLessons from Alibaba and JD.com.

Preparing for New Supply Chain in Health Care

Harvard Business Review

Professor Mahender Singh, research director of the MIT Supply Chain 2020 project, says our current health care system is not designed for the profoundly altered demand patterns that are expected and supply chains will have to be reinvented.

Why Quants Should Manage Your Supply Chain Risk

Harvard Business Review

And, when political turmoil in Egypt, Libya and elsewhere in the Mideast erupted, many businesses could only watch and wait to learn what it would mean for their supply chains. This is especially true in supply chain risk management, although those high-profile one-off events do not necessarily represent the largest portion of risks that should be addressed regularly by supply chain managers.

Is Your Supply Chain Flexible Enough to Meet Disaster?

Harvard Business Review

Countless companies have reconfigured their supply chains to reflect the latest strategy, only to discover that committing to these "best practices" exposed them to unexpected risks later.

How Change Practitioners Can Be Useful During an Emergency

Change Starts Here

They’ve changed when, where, and how they work, they’ve altered supply chains and delivery methods, or they just had to stop altogether and wait for this to pass. There were no change management plans for this pandemic.

Global Supply Chains Are About to Get Better, Thanks to Blockchain

Harvard Business Review

When an E.coli outbreak at Chipotle Mexican Grill outlets left 55 customers ill , in 2015, the news stories, shutdowns, and investigations shattered the restaurant chain’s reputation. At the heart of the Denver-based company’s crisis was the ever-present problem faced by companies that depend on multiple suppliers to deliver parts and ingredients: a lack of transparency and accountability across complex supply chains.

Supply Chain, Not Sustainability, Should Manage Your Carbon Footprinting

Harvard Business Review

There are three reasons why CEOs should be tapping their Head of Supply Chain to unlock these benefits, not their Head of Sustainability. While getting accurate, timely carbon data from your own operations can be tough, gathering data from outside your four walls is a far greater challenge given the complexity and scale of most supply chains, and there's no well-defined way today to navigate it.

How to Prepare Your Supply Chain for the Unthinkable

Harvard Business Review

Companies are always shocked when low-probability events such as an earthquake or a tsunami disrupt their supply chains — as has happened after the tragic events in Japan two weeks ago — because of two fallacies. The other is the persistent feeling that supply chains represent a cost. Most companies focus on minimizing costs rather than maximizing flexibility, which would entail making large investments in supply chains. Locking up supplies.