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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.

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,...

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.

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...

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.

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...

The 10 hidden costs of outsourcing

Outsourcing production overseas used to be a can't-miss strategy. But the combination of changing business dynamics and the original outsourcing assumptions has revealed costs that may prompt companies to re-evaluate their outsourcing decisions.

Optimizing Third-Party Logistics Relationships and How to Avoid Commoditization

New research indicates that there’s considerable concern about the value of long-term, strategic relationships - Industry analysts explain how innovation and a deeper commitment to collaboration will become the key differentiators in the 2015 marketplace.

Internet Of Things – Next Wave

The new buzzword in technology is “Internet of Things” (IoT). The layman’s scenario that anybody will tell you is – A vending machine getting out of coke, will sense the quantity of bottles, transmit a message to warehouse that it needs more supply which may transmit a message to nearby transporting trucks to fill the order and within few minutes it’s refilled. So a person visiting, checking stock, placing an order and after processing getting a supply will be things of past. The entire supply chain scene is automated here in the era of IoT

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