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Think Tank
Sourcing/Procurement/SRM: Page 252
Department of Defense Gets Stern About Supply Chain Security
Federal contractors are going to be hearing the words "supply chain" a lot over the next 18 months. Having a certifiably secure supply chain will eliminate a potential mark against your selection as a source, just as having the appropriate contract vehicles eliminates friction.
Supply Chain Risk Challenges Must Be Addressed
According to a new survey of 600 executives from Deloitte "” "The Ripple Effect: How Manufacturing and Retail Executives View the Growing Challenge of Supply Chain Risk" "” global executives are increasingly concerned about the growing risks to their supply chains and costly negative impacts such as margin erosion and inability to keep up with demand.
Best-in-Class Capabilities Define the Difference in Sales & Operations Planning
Analyst Insight: Sales and operations planning (S&OP) still remains a challenge for many organizations. In Aberdeen Group's recent report, S&OP: A Critical Process for Superior Performance, we identified that more than half of the companies (56 percent) that are not best-in-class do not yet have a formalized S&OP process in place. The question becomes "Why and what are the differences between best-in-class and all others?" The answer can be found by examining differences between them for process and organizational capabilities. - Bryan Ball, Vice President and Principal Analyst, Aberdeen Supply Chain practice
CargoSphere Unveils Update of Global Rate Network
CargoSphere, a cloud-based network for global freight-rate management for the ocean and air logistics industries, has developed version 4.0 of its CargoSphere Rate Network (CRN).
NewAge Software & Solutions Enters North American Market
NewAge Software & Solutions, a provider of software applications for freight forwarders and logistics companies, has entered the North American market.
China Denies Status of World's Largest Trader
China has a new status its government doesn't want - world's biggest trader. Trade data from both governments indicate China passed the United States last year in total imports and exports by a margin of $3.86tr to $3.8tr. That is about $44bn, or just over one percent of China's total.
TAKE Solutions Enhances Collaboration Suite; Supports Life Sciences
TAKE Solutions, a vendor of software for supply-chain management and the life sciences sector, has made enhancements to its OneSCM supply-chain collaboration suite.
Smaller But More Frequent Retail Orders
Collaborative Purchasing, Revisited
So collaborative purchasing appears feasible for the restaurant industry. But what about other business sectors? Can different companies - even direct competitors - really band together to get better deals from their suppliers?
Freightgate Announces Predictive Analytics for Logistics Management
Freightgate, a global provider of Logistics Cloud Solutions, announced enhanced predictive analytics capabilities in its logistics cloud platform, known as the Freightgate Universe.
In Customer Relationship Management, You Must Adapt to Stay Relevant
Analyst Insight: Even a solid collaborative relationship between the buyer and the supplier can struggle if the consumer somehow gets lost in the cloud or pigeonholed on a complicated supply chain dashboard. The key is to listen to your customers constantly and set up communications frameworks within an adaptable governance structure to include and maintain a customer-centric focus. - Kate Vitasek, faculty, University of Tennessee's Center for Executive Education, and Founder, Supply Chain Visions
You Don't Have a Big Data Problem. You Have Hundreds of Little Data Problems
Many manufacturing and distribution companies are wrestling with the enormous challenge of Big Data, trying to turn mountains of data into actionable information. And while some companies curse the landslide of data overwhelming their organizations, others look to capitalize on what they realize is an opportunity to better understand their customers, suppliers and costs. But the challenge is more nuanced than sculpting a huge collection of unwieldy data.
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