Articles

Supply Chain Management

Getting Value from Class C Suppliers

Getting Value from Class C Suppliers

Smart purchasing departments focus on their Class A suppliers— the ones they use the most. However, many businesses spend a disproportionate amount of time and money on their larger group of Class C suppliers. Digitizing your supplier relationship management can flip this trend so that purchasing departments instead focus attention where it should be: on […]

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It’s Time to Embrace Supply Chain Chaos

It’s Time to Embrace Supply Chain Chaos

As someone who has worked in supply chain and logistics management for more than one decade, I find a duality in watching all the attention cast on our corner of the economy over the past year. On one hand, it’s nice to see society at large recognize the giant global operation behind making and delivering […]

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Data-Driven Supply Chain Optimization

Data-Driven Supply Chain Optimization

Q: What is data-driven supply chain optimization, and why is it important? A: Data-driven supply chain optimization applies prescriptive analytics in mathematical programming and operations research (OR) to provide decision support for supply chain decision-making at the strategic, tactical, and operational levels. By properly capturing the decisions to make (decision variables), the performance metric to […]

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Thriving on Change, Growth, and Opportunity

Thriving on Change, Growth, and Opportunity

Fresh out of grad school, Thad Bedard moved to the San Francisco Bay area hoping to become a professor of American literature. But teaching jobs were scarce. “To make ends meet, I started working as a warehouseman,” recalls Bedard. “I enjoyed the industry. The work challenged a lot of my preconceived notions about business.” He […]

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NOTED: The Supply Chain In Brief

NOTED: The Supply Chain In Brief

The latest mergers & acquisitions, logistics contracts, sustainability initiatives, humanitarian logistics efforts and more. Good Works The Coca-Cola Company, based in Atlanta, donated $1 million to the Technical College System of Georgia Foundation’s Commercial Truck Driving Program. The donation funds driver training programs and helps ensure more drivers are in the pipeline to fill trucking […]

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What pandemic-era adjustment will have the greatest supply chain impact?

What pandemic-era adjustment will have the greatest supply chain impact?

The acceleration of digital twins. The ability to digitally model a company’s manufacturing and distribution network will allow it to quickly assess the impact of large and small disruptions and take appropriate actions. —Allen Jacques Industry Thought Leader Kinaxis The use of data analytics to help suppliers really understand consumer behavior. Suppliers decided to eliminate […]

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Why Procurement Is the Key to Preparing for the Next Supply Chain Crisis

Why Procurement Is the Key to Preparing for the Next Supply Chain Crisis

There is no clear sign when the global supply chain crisis will end. It began during the COVID-19 pandemic, worsened with the surge in demand that followed the lifting of national lockdowns around the world, and further deepened amid recent global events. Some corporate leaders contend that the crisis, triggered by these exceptional events, could […]

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