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'Social media has been adopted by supply chain management professionals as a mechanism to express opinions and disseminate knowledge. Since there is too much information floating around, many people rely on "influencers" who exhibit expertise, enthusiasm or credibility. Then, this article will show how the influencers in supply chain management can be identified.
'Note: this is part 2 in a series of posts. In part one I laid out the 5 stage maturity model that shows how organizations can turn their “big data” into “big visibility” The stages are 1) Representation; 2) Accessibility; 3) Intelligence; 4) Decision Management; 5) Outcome-Based Metrics and Performance. The fifth stage was so important, I promised to devote an entire post to it. .
'Supply chain planning has been recognized as one of the best practices due to the force behind globalization and higher level of competitions. Considerable cost savings can be achieved when it''s implemented properly. This article will explain its basic concept and some reasons why you may need the help of supply chain planning software. Basic Concept Many companies use the word "supply chain planner" to describe an entry level job dealing with the demand forecasting and material scheduling.
'Business Process Management (BPM) has become one the most popular best practices in supply chain management for more than 25 years. In this article, we will show you some of the most outstanding resources that will provide you with fresh ideas to improve supply chain process. Background In 1989, Graham C. Stevens published one of the most highly cited paper called " Integrating the Supply Chain ".
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
'Professionals in supply chain management use various methods to identify best practices to improve the operations. Analysis of case study is certainly one of the most popular methods for people from business management background. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.
'Supply chain planning has been recognized as one of the best practices due to the force behind globalization and higher level of competitions. Considerable cost savings can be achieved when it''s implemented properly. This article will explain its basic concept and some reasons why you may need the help of supply chain planning software. Basic Concept Many companies use the word "supply chain planner" to describe an entry level job dealing with the demand forecasting and material scheduling.
'Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. Then, this article will show you 10 simple principles that you can use to streamline your inventory management practices right away. 1) Utilize cross-functional team If you''re an inventory controller and you choose to stay in your cubicle for the whole day, it''s the indication that yo
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'Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. Then, this article will show you 10 simple principles that you can use to streamline your inventory management practices right away. 1) Utilize cross-functional team If you''re an inventory controller and you choose to stay in your cubicle for the whole day, it''s the indication that yo
'What is Supply Chain Strategy? Strategic management has been around for more than half a century but there is still no standard strategy formulation for supply chain management. In this article, we will show you what solid supply chain strategy should look like. 1) It''s a multi-year roadmap : w hen people talk about strategy, they often say something like, "we want to reduce cost by 5%" or "we will do what ever it takes to achieve 95% service level" However, Merriam-Webster dictionary defines
'Gartner Research recently reported that fully 70% of S&OP processes today have “little discernible strategic dimension”. Why? Success has been difficult to achieve because traditional S&OP is manually intensive, relies on data that resides in a myriad of systems, suffers from incomplete and stale views of demand and supply, and takes far too long to complete.
'In yesterday’s post I introduced the concept of “process robots”, and showed how they are already being deployed within supply networks to automatically do the work. For the most part these process robots have been hidden from view, lurking deep in the bowels of our supply networks solving a range of problems from simple matching of tagged services to some of the harder supply chain problems which may require some level of optimization or advanced mathematics.
'I was just with one of the leading global pharmaceutical company yesterday, and once again I was struck by how quickly the pharmaceutical supply chain is changing. I’ve already touched on elements of this before , but today I want to describe one of the main underlying causes of this transformation. The rise of OTC and Generics . The market for Over-the-Counter (OTC) medicines is now forecast to outgrow the total current pharmaceutical market.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
'Think about an electronic workforce of process robots designed to count your inventory items in real time, on demand, with no mistakes made. You pay them nothing, and they never complain. They even alert you to any issues related to orders, inventory levels, or shipments, taking action to reorder items when they drop below minimum thresholds. Sure there are certain start-up costs, but consider the following scenario; Based on your current S&OP plan you need to add twenty FTEs to handle the
'In part one of this series we talked about some of the new technology best practices for S&OP. The first two we discussed were 1) Improving decision-making with network-wide “what-if” scenarios and 2) Including your key trading partners in the S&OP process. Here are numbers 3 to 5. 3. Use analytics to gain a deep understanding of your business: You cannot improve what you cannot measure.
'In today’s omnichannel world, there are four types of supply chains. You can either be a titan, industry leader, player, or laggard. In this new two-part series, I’ll share in-depth profiles of these four key categories—how they operate, their priorities, and what you need to know about them. Understanding their profiles gives you an advantage. Not only you can you see which category you fall under, but you can also discover which category your competitors are in.
'For decades, retailers have been managing two supply chains: one for when a product is selling at regular price and one for when a product is on promotion. Back in the day, there was certainly some merit to this approach. Sales volumes (and by extension, order volumes) during a promoted week could be tenfold that of a nonpromoted week. To the extent that a retailer represented a large proportion of a supplier’s production schedule, it was only prudent to place promo orders on a much longe
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
'In my last blog post , I discussed two types of supply chains in today’s omnichannel world: the titans and the industry leaders. I talked about what makes them successful and what challenges them the most. As part two in this series, I’d like to shift the spotlight to the other two categories in supply chains: the “players” and the “laggards.”. Let’s first consider the players in omnichannel.
'Since the early December 2013, Amazon Prime Air, a program which aims to utilize a whole fleet of drones to make a delivery within 30 minutes, has been capturing the news headlines. The current status is that FAA has not issued any rules and regulations specifically for the commercial drone yet. Then, this article will show you 7 reasons why Amazon Prime Air or similar drone delivery program may fail to materialize. 1) Public Safety : the most terrifying thing about a drone delivery was describ
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