General SCM > Business Strategy Alignment | SupplyChainBrain

Business Strategy Alignment: Page 449

Supply Chain Risk Management: The New Discipline of Supply Chain Excellence

Analyst Insight: After traveling around the globe for the last three years, talking about supply chain risk management, facilitating workshops, educating companies and developing a graduate level class covering the subject, I'm thoroughly convinced this new concept is becoming the new discipline of supply chain excellence. So much so that APICS, the premier society for Operations Management professionals, has developed a first-of-its-kind certificate in supply chain risk management to help identify, assess, mitigate and manage risk. - Gregory L. Schlegel, Adjunct Professor, Supply Chain Risk Management, Lehigh University, Graduate Program

Cover 01 13 Sm 31

Traceability and Serialization Play a Useful Role in Supply Chain Security

Analyst Insight: Highly regulated industries"”such as pharmaceuticals, aerospace, food, and chemicals"”typically implement traceability and serialization capabilities to meet regulatory requirements, quality, and recall purposes. These same capabilities can be useful in reducing theft within the supply chain. But it takes more than just technology. It requires a community that can share that information effectively and collaborate with law enforcement at national, state and local levels. -- Bill McBeath, Chief Research Officer, ChainLink Research

Cover 01 13 Sm 30

Segmenting Supply Chains for High-Impact Analysis

Analyst Insight: Innovative and strategic supply chain segmentation is a key strategy for effective supply chain analysis, enabling greater responsiveness and the ability to focus resources. Competition requires a better identification of key supply chain segments, considering that 80 percent of results come from 20 percent of items. An additional factor adding complexity is that increasingly manufacturers are adding services as part of their offerings - termed "servitization." Effective segmentation is the key to managing these complexities. - Nada R. Sanders, Professor of Supply Chain Management and Iacocca Chair, Lehigh University

Jan Feb2013 Cover Art 12

New Material-Handling Research Effort Seeks Thought Leader

A group of trade associations and publications are working to craft a "road map" for the material-handling and logistics industry.

Indonesia Offers Sizable Opportunity Because of Rising Middle-Class and Affluent Consumers

Indonesia is at the early stages of a period of strong economic growth, creating a wave of new middle-class and affluent consumers (MACs) that will grow in size and purchasing power through 2020, according to a report by The Boston Consulting Group.

Manufacturers Said to Be Upbeat This Year About Making IT Investments, Expanding Supplier Bases

This year is expected to be one of growth, with many product development companies looking to make new technology investments and expand their supplier base, according to a survey of 8,840 sourcing professionals by MFG.com, an online manufacturing marketplace.

Manufacturing Growth 05

50 Percent of UK Businesses Vet Suppliers for Bribery Act Compliance

A study that polled procurement managers and directors from a range of firms across the UK found that while mid-market firms are often less likely to have robust processes and systems in place to counter bribery risk, companies at both ends of the spectrum appeared complacent when it came to vetting their suppliers for compliance with the Bribery Act.

Companies Falling Short on Supply Chain Risk Management

According to a survey of 600 manufacturing and retail executives conducted by Deloitte, 71 percent of the executives surveyed view supply chain risk as "an important factor in their companies' strategic decision making, including 20 percent who view it as extremely important." Yet, 42 percent of the executives from large companies said their supply chain risk management programs are only somewhat or not effective.

India Initiates Movement for Direct Sea, Air Connections to Latin America

India's Ministry of External Affairs (MEA) is moving to set up a direct sea and air link between India and Latin America, as Indian corporations line up significant investments in the oil, mining, IT and pharmaceutical sectors there.

New Shipping Lane Through North Pole Possible

Melting polar ice could create a new shipping lane through the North Pole by 2050, according to research by the University Of California at Los Angeles. In the future, melting sea ice could mean that ordinary shipping vessels will be able to navigate parts of the Arctic Ocean which were previously inaccessible, without the use of icebreakers to clear their route.

Big Data Is Becoming a Big Deal for Agile S&OP

Analyst Insight: Based on a survey of 160 supply chain leaders in a recent webinar conducted by Steelwedge, we found that companies captured a whopping 70 percent more data (product, supply, demand and finance) to manage their organizations in 2012. Yet, 77 percent of these businesses are not actually leveraging this data in their S&OP processes, thereby leaving "blind spots" in their decision making processes around critical supply/demand trade-offs. - Nari Viswanathan, Vice President of Product Management, Steelwedge

Cover 01 13 Sm 29

The Demand for On Demand Is Growing

Analyst Insight: Neither a lack of cogent definitions re: what these services and technologies are nor confusion in pricing models is slowing down interest in cloud, SaaS and on-demand solutions. Our research shows a consistent increase in buyer adoption of enterprise and consumer applications - cloud-accessible - from desk top, smartphones and tablets of all size companies in all industries. - Ann Grackin, CEO, ChainLink Research

Cover 01 13 Sm 28

Page 449 of 764

Featured Product

Photo: iStock/Anastasiia Yanishevska

How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

Mobile geolocation service for track delivery, cargo shipment and freight transportation. Logistic Import Export business (Elements of this image furnished by NASA)

Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

Franchise business e-commerce online e-marketplace or digital marketing branch expansion for growth or use technology to analyze product consumer data website management plan for sale service concept.

Moving Robots Site-to-Site