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Think Tank
Supply Chain Visibility: Page 169
For 3M, Technology Was the Key to a New Supply-Chain Mindset
It only makes sense that The 3M Company, with a business model resting almost entirely upon technology, would eventually get around to applying it to the supply chain.
Survival Strategies for Struggling Retailers
In the age of the omnichannel, is there any hope for traditional retail chains?
RFID Technology Lights Up Prescription Will-Call System
North Carolina drug retailer Drugco Discount Pharmacy has employed an RFID light stick for pharmacy will-call. The Suncrest Solutions system - new to U.S. drugstores - automates the retrieval process for prescription drugs when customers arrive at the counter to pick them up.
Equipment Provider Keeps Processes on Pace With Accelerating Growth
Challenge: As a quickly growing business, one of the world's largest infrastructure and irrigation equipment providers realized its existing approach to managing freight invoices wasn't keeping up. An entirely manual process – from tearing envelopes to rubber stamping G/L codes – the company was not only wasting valuable time and resources, but encountering costly errors.
Overcoming Operational Silos in the End-to-End Supply Chain With Kinaxis
Challenge: The organization wanted to elevate its supply chain planning capabilities to support synchronization, end-to-end supply chain planning, visibility and decision-making.
DNA Technology Tracks Shrimp From Pond to Plate
DNA tracking is being used to verify shrimp supply chains for U.K. retailers in what is claimed to be the first application of its type.
How Blockchain Technology Will Transform Supply Chains
The blockchain has emerged from the shadows. Now it might hold the key to transforming global supply chains.
A Global Approach to Sales and Operations Planning
Challenge: With a complex mix of products, markets and seasonality, a global outdoor and recreation products company required a global S&OP process and technology platform to enhance the company's ability to sense and respond to changing market conditions.
In Supplier Management, Companies Need to Step Up Their Game
The ability to monitor the behavior and condition of one's suppliers depends on having access to hard numbers. But a surprisingly large percentage of companies lack this critical data.
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
Predictive Analytics Aim to Transform Supply Chain Risk Management
Analyst Insight: The key to supply-chain risk management is a predictive model that uses enhanced analytics to identify potential risk. This model would allow companies to move beyond historical metrics so they can determine risk for every part and supplier. It also would identify the appropriate response, promoting consistency within the organization. - Sven Dharmani, performance improvement principal and global automotive sector supply chain leader, Ernst & Young LLP
The Bottom Line: Managing Your Cash-to-Cash Cycle
The cash-to-cash cycle is a key metric for measuring the efficiency of a supply chain. But many companies seem unable to deploy it with success.
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