Tag Archives: Supply Chain Optimization

Supply Chain Trends: Our 2021 Recap and 2022 Predictions

What we hoped would be a short-term disruption in 2020 has become the new long-term reality. The world we live in is far less predictable. Supply chains are under pressure. As we have seen, disruptions can happen anywhere in our supply chains due to port congestion, warehouse staff shortages, weather-related shutdowns, or raw material uncertainty. …
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Port Congestion: How to Overcome Supply Chain Delays

2021 has been a difficult year for supply chains around the world. A continuing global pandemic, labor shortages, skyrocketing commodity costs, unprecedented raw material shortages and supply chain delays continue to plague companies that need to transport goods. Ports around the world are now struggling with congestion, and there is no relief in sight. Why …
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Future-Proof Your Supply Chain With An Optimized Technology Stack

As a technologist, I’ve always been interested in the behind-the-scenes workings that make our programs do what we want them to. How does Siri know when to listen to us and how to respond? How is Waze able to give us traffic tips on the fly? The answer lays in smart programming, which is often …
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How Supply Chain Optimization Technology Boosts Resiliency and Cuts Cost

One could argue that everything in the supply chain starts with planning. Even the simplest supply chains require at least some basic assumptions and forecasts around cost, supply and demand. Although this process is more complex than it is at first blush. Just look at the daily news, and you’ll see supply chain planning complications …
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The New Horizon for Machine Learning in Supply Chain Optimization

Supply chain optimization practices focus on leveraging available data within your ecosystem to make smarter business and operations decisions. Organizations also use this data to make their supply chains more sustainable and eco-friendly. Traditionally, this data has typically been consolidated within enterprise resource planning (ERP) tools. ERP system supply chain integration has been a hot …
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Manufacturing Network Optimization: How to Get the Most From Your Value Chain

Modern technology has accelerated the rate of change in our world and allowed us to operate more effectively and with lower costs. Along with this rapid change, manufacturing network optimization becomes even more nuanced and more essential. Retooling production networks to strike a new balance between cost optimization, remaining competitive and increasing resilience where it …
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Rethink Your Retail Demand Planning Methods Post-COVID-19

Retail demand planning is a key aspect of supply chain optimization. Understanding and predicting how much stock to have on-hand to appease consumer demand at any given time helps dictate the retailer’s manufacturing and shipping needs. Not surprisingly, consumer demand can change rapidly based on environmental, economic and geo-political influences. A couple years ago, I …
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Global Health as a Supply Chain Risk

The COVID-19 pandemic has shown the frailties in our supply chains. If we would like to keep our supply chains from being paralyzed by a global health crisis in the future, perhaps we can learn something from our colleagues in Environmental Health & Safety. Because the EH&S departments of manufacturing companies perform assessments periodically to …
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When This Is Over, Will There Be a New Normal?

What is the best inventory strategy to manage the risk of a supply interruption?  Will the COVID-19 pandemic change our minds about the wisdom of continually driving down inventory targets to reduce working capital costs, especially during the last quarter of the fiscal year?     During the hurricane season of 2005 that included Katrina, chemical …
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Outsourcing for Supply Chain Expertise

Trends that persist
I have worked in the manufacturing supply chain information technology (IT) field for more years than I care to admit. A sleepy-eyed dinosaur stares back at me from the bathroom mirror each morning. Over the course of my career, more than a few trends have emerged. Many of them, perhaps most of them, have turned …
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Apple and the Achilles Heel of the Global Supply Chain

In just a short time, the year 2020 has introduced the average person to phrases unheard only three months ago – social distancing, N95 masks, PPE, and Global Supply Chain. As the COVID-19 virus spread around the world, countries went under lockdown as they tried to “bend the curve” on the spread of the virus. …
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