General SCM | SupplyChainBrain

General SCM: Page 1079

Tech Firms Paid $100M to Fake Suppliers

A Lithuanian man has been arrested for tricking more than $100m out of two US technology companies by pretending to be a supplier.

These Four Risk Mitigation Methods Can Improve the Bottom Line

Analyst Insight: There are a few risk-mitigation methods that can improve the bottom line, and they have been around for some time. They are Product Portfolio Management (PPM), Customer Value Management (CVM), Total-Cost-to-Serve (TCS) and Gross Margin Return on Inventory Investment (GMROII). - Gregory Schlegel, executive-in-residence, Center for Supply Chain Research, Lehigh University

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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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End-of-Life Logistics: Expanding the Traditional Supply Chain

Analyst Insight: You design a product, source it, build it, store it, ship it, and your consumer enjoys it... then what? It is inevitable that at some point the original intended use will be over and the product will reach its end of life. What happens now is a topic that is piquing the interests of many traditional and non-traditional supply-chain players. The challenge lays in how to efficiently reintegrate or disposition these products. - Melissa Hadhazy, associate partner, Infosys Consulting

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Offshore Wind Is Growing Ahead of Schedule

Offshore wind power is on the cusp of exponential growth, with installed capacity set to nearly triple between 2015 to 2020, according to an energy agency report.

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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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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Moving Robots Site-to-Site