Sixty percent of supply chain managers say their organization is too focused on internal, tactical concerns to be able to collaborate effectively with external partners, at a time when globalization is forcing companies to view and use their supply chain more effectively.
Manufacturers frequently ask themselves, "What if...?". What if a typhoon hits a major supplier in Asia and disrupts shipments? What if port workers go on strike in Long Beach? What if customers have expectations of order fulfillment within two days and you're losing sales to competitors? What if my inventory levels aren't sufficient to meet future demand for a product? What if I'm carrying excessive amounts of inventory that may turn to waste?
Solving Efeso and the Cranfield School of Management conducted a multi-year study on how companies approach supply chain strategy at the boardroom level, correlating specific practices with supply chain performance and business success. Steve Mayhew, principal consultant at Solving Efeso, discusses the study and highlights key findings.
Karen Hogan, global director of operational excellence at Southco, discusses the challenges of multi-echelon inventory optimization and how Southco has used solutions from LLamasoft to integrate IO into a monthly planning process.
LLamasoft and Chainalytics have formed a partnership to integrate Chainalytics' proprietary Freight Market Intelligence Consortium (FMIC) truckload data with LLamasoft and Chainalytics' mutual North American customers.