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Think Tank
Supply Chain Visibility: Page 316
Evolution of the Retail Consumer and How Supply Chains Must Adapt
Trust Elements in the Global Supply Chain
Conceptually, supply chain "risk" is used to denote perils, loss, dangerous occurrences, hazards, and even vulnerabilities. Risks include everything from management functions to fraud, to fundamental honesty and loyalty issues encompassing every aspect of an organization's status and operations. In addition to the firm's built-in management risks, the international supply chain provides additional third-party risk elements such as foreign shipper practices, carrier practices, weather, foreign government involvement, unforeseen disruptions in the process, timing, language, cargo quality and quantity, even payment issues.
How Monster Products Copes With Volatile Demand
When it comes to high demand volatility and difficulty in forecasting, few industries match the world of consumer electronics. And Monster Products, the maker of high-quality cables and other accessories for computer, video and sound systems, faces a challenge that's especially daunting. For much of its product line, the company depends on the ever-changing nature of big-ticket items like PCs and flatscreen televisions, not to mention the fickle tastes of consumers. Now add thousands of SKUs to that mix, and you have a forecasting effort that can be brutally complex. In this interview, conducted at eyefortransport's Hi-Tech & Electronics Supply Chain Summit in San Francisco, director of materials Jennifer Hochstatter spoke with managing editor Robert J. Bowman about how Monster Products approaches the problem of prioritizing supply for its extensive product line, and ensuring forecast accuracy for the most critical customers.
Should Your Transportation Strategy Include a Regional Parcel Carrier?
JDA Releases Platform for Planning, Optimization, Analytics in the Cloud
JDA Software Group Inc. has released JDA eight, the vendor's platform for deploying supply-chain planning, optimization and business analytics applications in the cloud.
The Manufacturing Renaissance in the U.S. and What's Driving It
A manufacturing renaissance is taking place in the United States. According to a recent MIT study, 14 percent of manufacturers have made definite plans to move some of their currently offshore production back stateside. An additional 30 percent are considering it. The common term being used for this is reshoring. The reshoring trend is growing and can garner goodwill with domestic customers, consumers and even legislators. But any careful decision to reshore or expand domestic manufacturing capacity will be predicated on goodwill benefits and growing profitability.
Damco CEO Discusses North American Logistics Market
CSX Exec Bullish on Intermodal Growth
Is Your S&OP Process In Tune With Your Organization?
Voice Technology Migrates to the Cloud
hybris Releases New Commerce Suite for B2B and B2C Commerce
hybris, provider of an electronic commerce platform, has released a new version of the hybris Commerce Suite.
What It Takes to Be a Great Demand Planner
Companies say they are in dire need of competent supply and demand planners, but the requirements of that position today are so varied that you wonder whether a single person exists who can do the job. It calls for strong math and statistical skills, obviously, but a good planner must also be able to communicate well across the multiple "silos" of an organization. The right candidate will have a deep understanding of the requirements of manufacturing, logistics, marketing, sales and finance. Then there's the necessity of reaching outside company walls to suppliers and customers, to ensure that all parties are in agreement about what the demand forecast should be. Who are these freakishly talented individuals? And where can they be found?
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