4 Characteristics of the Evolution of the Supply Chain

AlexaCheater
  • by Alexa Cheater
  • Published

It’s Time for the Evolution of Supply Chain: 4 Characteristics to Watch for With Supply Chain 2.0

evolution of supply chainThe right product, at the right place, at the right time. The decades-old challenge of supply chain is now more difficult to solve than ever before. Globalization, market volatility, demanding consumers, vast amounts of data—it’s no wonder past strategies are failing to solve today’s mounting challenges.

With complexity growing, an evolution of the supply chain needs to begin now. Not just to solve current problems, but to be better prepared for future ones. But how are companies going to be able to adapt? How are they going to take advantage of existing opportunities to capture market share, increasing brand loyalty and profitability?

According to global services firm Accenture, the answer lies in the evolution of supply chain. It lies in Supply Chain 2.0! In the firm’s recent white paper, Supply Chain For a New Age, the authors, Mohammed Hajibashi and Ashoo Bhatti, map out a next generation supply chain blueprint.

Getting to the next generation of supply chain capabilities would require breaking down functional silos, redefining priorities, and building synchronized planning and fulfillment capabilities.”

They describe the characteristics of Supply Chain 2.0 as:

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4 Ways Supply Chain Management Has a Higher Purpose

Dr. MadhavDurbha

The Higher Purpose of Supply Chain Management

Supply Chain ManagementMy wife’s phone rang as we were driving home from the restaurant. I turned off the music and the kids had gone quiet as she answered the phone. It was a distraught mother at the other end of the line. She was nervous and was calling about her toddler’s fever that would not go down. My wife talked to her in a calm voice, told her what she needs to do for the night to keep the fever under control, and advised the mother to bring her toddler to the clinic the next morning. With her nervousness abating, the mother profusely thanked her and hung up. As a parent of young children myself, I can very much appreciate the difference a physician, like my wife, makes in the community.

As we reached home, I retired into my study and picked up the Ken Follett thriller where I left off. I was trying to read, but the thought kept running through my head. Yes, both my wife and I are career-minded professionals. We both are in our professions to be successful, make money, and enjoy the pleasures that life has to offer. But is there a higher purpose to what we do?

There certainly is a higher purpose to what my wife is doing. One wellness visit, one infection cured, one disease diagnosed at a time, she is making a difference. The results are very tangible. But what about supply chain management professionals like me? Is there a higher purpose to what we do as executives, consultants, planners, or technology providers? As I pondered upon this topic, the answer turned out to be a resounding yes. Here are few examples of how supply chain management professionals make a difference in the world:

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5 Reasons to Attend Kinexions Supply Chain Conference

TeresaChiykowski

Yeehaw! Top 5 Reasons to Attend Kinexions ‘16

You’ve got this piece of wood and some wires, pickups and some strings. How somebody uses that
configuration to make something memorable.

Don Felder, Lead Guitarist, The Eagles

don-felderWhy am I quoting Don Felder of the iconic band The Eagles? Good question.

Felder’s description of a guitar isn’t unlike what we do at our supply chain conference, Kinexions every year. We pull together some essential components to make something memorable for customers and employees. It’s what keeps folks coming back year after year.

Kinexions ‘16 promises to be no exception.

Offering a star-studded lineup of speakers, customer presentations, breakout sessions, training and foot stompin’ good fun, Kinexions ’16 is sure to be a number one hit again. If you’ve never attended Kinexions, and wondering why you should, here are the top five reasons to join us in Music City U.S.A. for the hit supply chain conference of 2016

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Design for a Green Supply Chain

JonathanLofton

Design for the Supply Chain Pt. 10: Environmentally Friendly

It’s been a long time; I shouldn’t have left you, without a new blog to read through!

Now reread that with the rhythm and voice of “I Know You Got Soul” by Eric B. & Rakim. I was waylaid, but let’s get right into the next principle in the “10 Principles of Good Design” as applied to green supply chain and green supply chain management (Design for the Supply Chain).green supply chain

Principle #9: Good design “Is environmentally friendly”

“Design makes an important contribution to the preservation of the environment. It conserves resources and minimizes physical and visual pollution throughout the lifecycle of the product.” – ‘Dieter Rams: ten principles for good design’

I was talking with my good friend and colleague Dan Fischer about the blog series and mentioned this principle. He told me about cases he had seen with some clever work on re-usable packaging, where the supplier’s packaging can be taken into its customers’ facilities and is either used to move the resulting product through the process and on to its next destination, or the empty containers go back to the supplier for use in a future delivery.

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Poems about Supply Chain Management Software

AlexaCheater
  • by Alexa Cheater
  • Published

A collection of bad supply chain poems: volume 2

Poems about Supply Chain Management Software After the success of last year’s bad supply chain poems, I’ve decided to resurrect this cringe-worthy tradition in honor of Bad Poetry Day. So sit back, kick your feet up, and prepare to be amazed by the literary talents of the Kinaxis team around today’s supply chain and our supply chain management software.

Dawn of a new supply chain
By Alexa Cheater

Down with Excel,
Let’s turn supply chain planning on its head,
No more hours compiling data in spreadsheets we dread!

It’s time for a new way,
Much better than before,
Where teams work together, instead of in silos or behind closed doors.

The future is now,
And it sure is bright,
Features like adaptive collaboration and concurrent planning mean sleep-filled nights.

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Supply Chain Management Moving Up the Business Ladder

MelissaClow
  • by Melissa Clow
  • Published

How to Get Supply Chain Into the Boardroom

This guest post comes to us from Argentus Supply Chain Recruiting, a boutique recruitment firm specializing in Supply Chain Management.

Supply Chain ManagementOne topic we keep returning to on the Argentus blog is the issue of Supply Chain raising its profile within business. We’ve discussed the emergence of companies hiring Chief Supply Chain Officers, as well as Supply Chain’s ascension into the most high-impact role in business: the CEO function. Suffice it to say that companies around the world – including some of the most relevant and innovative companies – are placing an increased amount of responsibility on the long-undersung function of Supply Chain Management, a function that, until recently, companies saw as a back-office, transactional aspect of business that didn’t have a big role to play in innovation and competitiveness.

No longer. We loved this recent major feature in Supply Chain 24/7 about how far the field has come, as well as how Supply Chain leadership can get more buy-in from executives at their companies.

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Vinyl Record Production Supply Chain Update

KevinMcGowan

Update on the Vinyl Record Supply Chain

vinyl record productionIn my first post on this subject, I discussed how the resurgence in vinyl record production has been a struggle. There are a limited number of producers all working 24-7, and it’s difficult to keep up with demand. The renewed interest in purchasing music in this physical medium has meant a massive increase in sales, year over year, but it has also meant slowed production, and availability delays.

The challenges are even greater for small independent record labels, as their orders often get pushed out in favour of large orders from bigger music companies.

In the 6 months since I wrote that post, the tides have begun to shift in the vinyl record supply chain. There are new vinyl pressing plants opening on a regular basis. The latest has made a lot of press in Canada, and it is poised to become the second-largest vinyl pressing plant in North America. Talk about a shakeup!

I got in touch with Gerald McGhee, who has been the President of Isotope music for two decades, but he is now also the Executive Vice President of Precision Record Pressing, based in Burlington Ontario. I asked him a few questions about their business plan, and their supply chain challenges.

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Kinexions: Kinaxis Supply Chain Conference 2016

BillDuBois
  • by Bill DuBois
  • Published

Kinexions Logo KinaxisKinexions is Ready to Rock Your Supply Chain! October 10-13, 2016 | Nashville, Tenn.

Get ready for a rockin’ good time as Kinexions heads to Nashville! Get front row seats to chart top supply chain strategies, exciting networking opportunities, and access to fun-filled after parties. It’s all happening at our annual training and user conference at the Gaylord Opryland in Nashville, Tenn. on Monday, Oct. 10 through Thursday, Oct.13.

With a content line-up not to be missed, you’ll have ample opportunity to hear from world renowned companies like Ford, Gilead, and more speak about their supply chain triumphs on the main stage. Plus, we’ll be featuring even more customer stories during our fantastic breakout sessions with four amazing tracks to choose from:

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