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Global Supply Chain Management: Page 422

Silk Roads and Chilled Beef: How China Is Trying to Fill a Trump Vacuum in Australia

It was almost a major faux pas in sports-mad Australia - Chinese Premier Li Keqiang arrived at an Australian Rules football match in Sydney wearing the blue, black and white scarf of interstate rival Port Adelaide Power.

Software Robots Are Disrupting Businesses, Optimizing Supply Chains

Analyst Insight: Robotic process automation has the potential to transform organizations by helping to optimize back-office and repetitive functions. It can increase productivity and quality while reducing costs, and in many cases it requires minimal investment. In fact, organizations are finding that it can pay for itself in less than a year. - Sean Harapko, principal, Ernst & Young LLP

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New Tech Platforms Are Changing the Focus of Business Planning Strategy

Analyst Insight: As technology solutions providers improve their offerings, companies are taking another look at integrated business planning (IBP). New scalable workflow and collaboration tools are automating the capture and integration of data across functions, allowing for the development of actionable insights that link day-to-day decisions to overall business strategy. - Can Dogan, principal, Ernst & Young LLP

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How to Synchronize the Pharma Supply Chain in Three Steps

Analyst Insight: In today's unpredictable pharmaceutical business climate, supply chains must be synchronized to deliver adequate supply to capture new sales while reducing costs. This is a classic case of balancing risk and opportunity, whereby synchronization allows all required parties to operate in a coordinated and flexible manner resulting in seamless delivery to the customers. Getting this right can drive millions of dollars in value, and there are ways to do this today. - Jay Welsh, principal, Ernest & Young LLP, and Srihari Rangarajan, manager, Ernst & Young LLP

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Four Steps to Align Qualitative and Quantitative Metrics in the Warehouse

Analyst Insight: After 13 years of conducting the Warehousing Education and Research Council’s (WERC) annual DC Measures Study of key warehousing and distribution performance metrics, a pronounced gap remains between "Best-in-Class" and "Major Opportunity" facilities within several key performance indicators. To close that gap by 2020, Major Opportunity warehouses must understand both qualitative and quantitative metrics as they relate to performance improvement. In other words, move beyond the numbers and focus on their processes. –Karl Manrodt, Georgia College & State University; Joseph Tillman, APQC; Steve Murray, Warehousing Education and Research Council; and Michael Mikitka, WERC

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Retail in 2020: What Comes After Omnichannel?

Analyst Insight: The need to enable omnichannel capabilities has driven significant capital investments and will continue to do so. We are seeing the first wave of omnichannel investments reach maturity and paying dividends. Those companies whose investments were too little or came too late are struggling. But as e-commerce growth continues, steadily carving out more of the retail sales pie, companies will need to re-evaluate their networks and make additional investments to drive competitive advantage. - Jason Denmon, retail industry leader, Fortna Inc.

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Large Manufacturing Companies Stick With Climate Pledge After Trump Pivot

Many of America's biggest corporations including Apple Inc. and Wal-Mart Stores Inc. are sticking by their pledges to fight climate change even as President Donald Trump guts his predecessor's environmental policies.

U.S. Lays Groundwork to Keep Big Tariffs on Chinese Goods

The Trump administration appears poised to cement China's unfavorable status in trade cases, making Chinese goods eligible for higher U.S. tariffs well into the future.

Bonded Labor Found in Apple's Supply Chain

Apple says the company has uncovered 10 cases of bonded labor during supplier audits in 2016.

Retail Revolution: Four Ways Supply Chains Are Evolving

Analyst Insight: As consumers' relationship with retailers changes, supply chains need to become more agile and responsive to fulfill the promise of an omnichannel world. Wholesale, retail and e-commerce supply chains, which have grown independently over the years, are merging - but significant transformation is necessary to help make omnichannel execution more profitable. - Parag Jategaonkar, performance improvement principal, Ernst & Young LLP

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New Healthcare Regulations Drive Quest for Supply Chain Efficiency

Analyst Insight: Drug Supply Chain Security Act (DSCSA) requirements for serialization, verification and traceability are driving investments in distribution. But leaders are looking beyond compliance for real ROI and competitive advantage. They are looking at different applications and new technologies that enable compliance and allow the business the flexibility to scale with increasing return on additional investment. - Roger Counihan, life sciences industry leader, Fortna Inc.

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Inventory Strategy Is the Key to Profitable E-Commerce

Analyst Insight: Omnichannel customer expectations continue to drive complexity in inventory planning and management. Expectations for faster fulfillment and free shipping, coupled with pressure to minimize inventory carrying cost, are driving companies to rethink inventory strategies to profitably service customers and ensure inventory is deployed in the right quantities to the right place at exactly the right time. But omnichannel flows like ship-from-store and buy-online-pick-up in-store (BOPIS) are complicating things and creating a new threshold for inventory planning requirements. - George Swartz, vice president, Fortna Inc.

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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

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