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Think Tank
Quality & Metrics: Page 195
Adding App Layer Security Into the Supply Chain
Today's complex and connected supply chain translates into quick communication with partners. At the same time, it creates huge opportunity for data leakage and security issues that need to be addressed proactively in supply chain systems.
Supply Chain Focus by Hospitals Is on Cost of Devices
U.S. hospitals spend tens of billions of dollars annually on high-tech surgical implants. But the supply chain for the devices is anything but high-tech. And that drives up costs both for hospitals and implant makers.
Lean Initiatives: Management Needs to Slim Down, Too, Not Just Operations
Applying lean principles to management, rather than just operations, can help large organizations re-imagine how they work and unlock value through continuous improvement.
Get Supplier Relationships Right, Then Maintain Them
Analyst Insight: If the wheels on your vehicle are out of alignment, you're in for a rough and inefficient ride. The same holds true for businesses. Alignment, especially in strategic relationships, gets businesses beyond the initial "yes" that sets a deal in motion"”it aligns the participants throughout the life of the deal, turning it into a smooth and powerful relationship. - Kate Vitasek, Faculty, University of Tennessee's Center for Executive Education, and Founder, Supply Chain Visions
Is Your Supply Chain Transformation Good Enough?
Analyst Insight: Theoretically, supply chain transformations deliver a different set of capabilities and outcomes that customers recognize. The reality is that a transformation may simply be a radical or rapid change to the supply chain organization and operations in response to changes in the marketplace. It could be a dramatic reduction in cost or improvement in service to remain competitive. In other words, the outcomes are not necessarily different, just better than the prior state. - Michael Dominy, Research Director, Gartner
GS1 US Creates Data Hub for Access to Industry Standards
GS1 US has developed the GS1 US Data Hub. The new tool allows retailers, e-tailers, data pools, application developers and other providers to access detailed information associated with GS1 company prefixes.
Supply Chain Analytics in Emerging Markets
With the advent of big data, faster computing and intuitive analysis tools, the promise of analytics has generated a renewed focus on improving operations through data-driven decisions. For supply chain organizations in particular, it is a powerful ally in driving cost reduction strategies and service level improvements. From public sector entities like Lincolnshire, which identified £24m in procurement savings, to retail giants like Tesco, which reduced £50m in excess inventory, organizations across the globe are achieving substantial impact by applying analytics to their operations. But what about emerging markets?
Pollution Control for Long Beach Cargo Ships Tested
The Port of Long Beach, Calif., will fund testing of a new air pollution-control technology for docked cargo ships, after an agreement approved by the Long Beach Board of Harbor Commissioners.
How PepsiCo Created a Plant With 'Near-Net-Zero' Impact
PepsiCo undertook the ambitious goal of transforming a Frito-Lay plant in Arizona into a facility with almost no net environmental impact. A finalist in the Supply Chain Innovation Award competition of CSCMP and SupplyChainBrain.
It's Valentine's Day. Are You Too in Love With Your Forecast?
Humankind is forever striving for perfection. When it comes to the job of demand forecasting, however, perhaps we ought to be a tad less obsessive.
Third-Party Logistics: Lean Needs to Extend Beyond the Four Walls For Success
Many companies unintentionally have created departmental silos within their organizations. Information and products go back and forth between the different functional areas, but the customer is often missing from the process. When lean supply chain strategies, which focus on eliminating waste, are implemented, once again the customer is often times left out. Instead of focusing on the client, the company focuses internally to improve processes. Research shows that undertaking a lean supply chain journey that extends outside the four walls of the organization significantly improves the customer experience, company productivity and the bottom line. - Eric Lail, VP, Continuous Improvement and Client Services, Transportation Insight
Change is Inevitable; Growth is Optional
Analyst Insight: Combining supply chain analysis and consulting topics is more logical than you think. Best practice/market leading companies regularly use outside consultants. When you look at the roll of consultants' clients, it includes all the leading companies. Leaders know that to innovate, they have to 'break the rules" - extending beyond status quo. They know that analyzing and improving supply chain process performance requires full-time commitment and expertise - to look at processes from the outside in.
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