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Starbucks as an Example of the Value Chain Model

The concept of value chain helps to understand and segregate the useful which help in gaining a competitive edge and wasteful activities which hamper market lead accompanying each step during the product development process.

What is Sales & Operations Planning?

Sales & Operations Planning: All demand (sales) and supply (capacity, materials) of a product is balanced and planned to secure on-time delivery...

How Sony strengthened its supply chain and added value

Michael Shoemaker and Mark Christensen | March 28, 2013 | A previous post, “How the largest IT companies view sustainable supply chain issues,” discussed matters that survey...

Warehouse vs Distribution Center – What’s the Difference?

A lot of logistics professionals use the terms warehouse and distribution center interchangeably. Some of them even say that “there is effectively no difference between a warehouse and a distribution center”. So, how different is a distribution center from a warehouse? Let me tell you upfront that they are as different as a modern 21st century supply chain is from a traditional supply chain.

Robot Trucks or Autonomous Vehicles Will Revolutionize the Supply Chain

Most supply chain professionals do not completely understand the disruption and upgrades that autonomous vehicles, specifically what I call robot trucks, will create. Most cannot get past the pitfalls and possible barriers to robot trucks. I define robot trucks with a much broader perspective. I include trucks of all sizes and even internal plant material handling equipment like fork-lifts and automatic guided vehicles (AVGs). The biggest leap is that robot trucks will learn! Many doubters just cannot get past this. Although not complete artificial intelligence (AI), robot trucks will adapt on their own, to conditions and circumstances, and build an open memory of what to do.

Safety Stock

Why safety stock is needed: Stock to protect against variation in Supply or demand (only in case demand is bigger that the forecast) Its purpose is...

Out Darn Spot! Out, I Say!

For shippers who regularly leverage the spot market, it’s been a buyers’ market the last few years. One shipper I’ve worked with saved more than 9 percent on freight spend simply by moving away from only using brokers to using (temporarily) the spot market for almost all of their loads. But, like Wright’s dog, is that market about to be gone? Let’s start by looking at the numbers.

6 Tips for Maximizing Efficiency and Productivity of Warehouse Operations

As a warehouse manager, you would understand that handling warehouse operations are a massive task. One small mistake may affect the efficiency and productivity of the warehouse. You must continually implement measures to optimize various warehouse processes and improve the overall effectiveness of the operations involved. Apart from minimizing downtime and increasing productivity, it is essential to improve your supply chain. Let us look at a few tips that help in achieving the same.

The future of online commodity trading

By Julie Lerner | Procurement Leaders Headlines about the physical commodity markets have surged in recent weeks and all of them point to the need for...

Rethinking the Global Supply Chain

Shifting global dynamics and internal business process changes are compelling manufacturers and retailers to challenge the status quo and reinvent their supply chains.

Forecast Formulas

Forecast Formulas source The statistical forecast is based on several types of formula: Formulas on which the forecast models are based Formulas that are used to evaluate...

Need logistics insight? Consider analytics

Developers of warehouse and transportation management software are adding analytical tools to their packages. That's good news for logistics managers. By James A. Cooke, November 11,...

Scrutinizing procurement concerns, practices in the automotive industry

When it comes to purchasing a wide variety of goods, those in the automotive industries rely on teams comprised of professionals with differing backgrounds. While one person may know what to look for in a spark plug manufacturer, another likely knows which enterprises produce the best pistons.

Transform Your Supply Chain For Omnichannel

The world is in the early stages of a global supply chain revolution. The Amazon Effect. The Internet of Things. Platform Businesses. The new supply chain will grow beyond omnichannel. It will cross into other industries and markets and will incorporate supply chains of products, information, and finance. All the elements of the New Supply Chain tie together. They are not separate steps. They are not to be selectively chosen or excluded. These are inter-related. The New Supply Chain brings performance excellence.

The problem with RFPs – are they an essential tool or are we limiting the potential that the supply base can offer?

RFPs (Request for Proposal) and, indeed, RFQs (Request for Quotation) are key tools in a buyer’s tool- kit. These are almost certainly managed through an online platform and have become increasingly routine where there is an opportunity to run a competitive process. But do they really help bring advantage? And are these tools being used effectively throughout the procurement community?

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