There are very few, if any, global companies that don’t rely heavily on data, analytics, and KPIs to effectively manage their supply chain. For instance, when you consider how a product gets to a ...
In a 2018 survey of global supply chain executives, 21.8% stated that lack of visibility was the worst challenge they faced. The proportion for data management was the lowest, coming in at 1.3%, while ...
Powerful planning processes provide the essential elements for business success through material management, lean operations, waste reduction and working capital optimization. It is not unusual to ...
On the second anniversary of the launch of the Freight Logistics Optimizations Works initiative, the U.S. Department of Transportation announced that the FLOW platform has begun to publish data on ...
For companies of all sizes and across all industries, cash is not only crucial—it’s king. It sounds simple: In order to survive, businesses must ensure that payments aren’t going out faster than ...
Supply chain management (SCM) combines analytical thinking with practical steps. The goal is to manage the flow of goods and services from the suppliers of raw materials to the final product's use by ...
Business process mapping is the strategic analysis of identifying and creating a visual depiction of the process flow of various areas of an organization. For example, the supply chain cycle is an ...
Forbes contributors publish independent expert analyses and insights. Lora Cecere is the Founder of Supply Chain Insights. In my last conversation with Roddy—when he could still talk—was on the need ...
Whether it's empty shelves at the grocery store or delayed holiday packages, disruptions in the flow of goods impact everyday life. But when shelves go bare, it's not just goods that are missing—it ...
When reviewing job growth and salary information, it’s important to remember that actual numbers can vary due to many different factors—like years of experience in the role, industry of employment, ...
The most significant risk to today’s supply chain is the supply chain leader’s entrenched beliefs in historical practices. Functional excellence and enterprise transactional efficiency dominate the ...
If Meri Stevens hadn’t become a supply chain executive – she’s currently the Worldwide Vice President Consumer Health Supply Chain and Deliver at Johnson & Johnson – she might have had a career as a ...