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ASCM CEO Abe Eshkenazi, CSCP, CPA, CAE, offers his viewpoint on supply chain and the latest ASCM news.
Letters to the readers SCM Now magazine from Editor-in-Chief Elizabeth Rennie and other members of the editorial staff.
The official ASCM blog features insights, analyses and ideas from experts and ASCM leaders to help advance supply chains.
Each week, ASCM CEO Abe Eshkenazi, CSCP, CPA, CAE, offers insights into global news and shares his exclusive commentary connecting current events with supply chain topics.
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ASCM research cuts through the clutter and brings you critical ideas and innovations in supply chain management, best practices, how-to steps, and practical advice that give you and your organization a competitive advantage.
“Supply Chain Management: Beyond the Horizon” is an industry-focused initiative with research and educational components. The research was conducted by Michigan State University in conjunction with APICS.
Transportation Journal is an ASCM academic journal devoted to presenting new knowledge about the supply chain, logistics and transportation fields.
APICS, through a partnership with The Manufacturing Institute, explores how manufacturing and supply chain can attract, retain and advance women.
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For today’s CPG companies, operational efficiency through scale no longer provides the same supply chain advantage it once did. This makes the move to becoming a more modern and faster CPG manufacturer essential for capturing untapped market growth. Digital supply chains have the potential to be one of the greatest enabling functions — so why, then, do CPG executives overlook opportunities to invest in digitization?......Read More
According to Gartner’s four-stage, higher-maturity, S&OP model, nearly 70 percent of companies are stuck operating in the reacting and anticipating phases. To address the uncertainty, complexity and risk that come with global, digital supply chains, it’s time to make the jump to the more mature S&OP stages: collaborate and orchestrate.......Read More
The industrial internet of things (IIOT) is on the minds of many supply chain management professionals. The potential benefits are just too good to ignore, and companies large and small are feeling a true sense of urgency as competition and consumers continue to demand heightened efficiency and responsiveness from supply chains.......Read More
In the next five-to-10 years, global, autonomous supply chains will encompass parts, materials, products, services, information and funds that flow between and among organizations without any unnecessary human intervention. This will happen according to goals, objectives and rules established and agreed upon by the stakeholders and documented with smart contracts that are stored permanently and immutably with blockchain.......Read More
Staying competitive in today’s complex and dynamic automotive market requires automotive original equipment manufacturers (OEMs) to balance their demand-supply equation. This makes it possible to not only meet customer demand, but also optimize overhead and keep capital expenses under control.......Read More
Every supply chain function, process and system must be involved in the race to unlock the benefits of digitization. As this rapid disruption continues to displace traditional networks, the digital exhaust that is engulfing the sector, coupled with an ongoing data deluge, is affecting all supply chain elements and forcing organization leaders to rethink how they do business.......Read More
For thousands of years, technology evolved at a snail’s pace. Generation after generation lived essentially as their parents did, and, when innovation did occur, the rate of adoption depended on the speed of your horse. However, since the beginning of the Industrial Revolution, we have jumped from a technology curve that was somewhat linear in nature to one that is on an exponential upswing.......Read More
Multinational toy manufacturer Mattel is a company of dreams and aspirations, but it also runs a supply chain of 40,000 people and 11 factories. To better manage its supply chain, the company recently shifted to a more data-driven culture. ......Read More
Today’s communication networks, air traffic control systems, national electrical grids, unmanned aircraft systems, and numerous other industries depend on complex systems or systems of systems—that require a delicate balance of component functionalities to achieve a greater common objective. It makes sense that these highly engineered and intricate tools dictate a correspondingly sophisticated level of support.......Read More
Supply chain and operations management professionals recognize the importance of inventory management to both customer satisfaction and cost control. They also understand the inherent tension between the goals of customer satisfaction and cost control: In short, doing better on one puts a strain on the other. Easing this tension relies on finding the optimal balance point where Customer Relations goals can be met with the lowest possible inventory investment.......Read More
Countless articles in trade publications have bemoaned the lack of quantifiable results and diminishing returns derived from lean initiatives based on waste elimination. But few of these stories have suggested that having a micro-level focus on individual products and operations actually may be part of the problem. Perhaps it is time to look at the process from a macro level—a point of view that considers the variation to provide insights about which lean tools to use. ......Read More
In the March/April 2013 issue of APICS magazine, the “Relevant Research” department investigated recent developments in big data collection and related analytics. It was a look at the excitement surrounding the big data revolution and the potential for it to help solve many of today’s business, social, and environmental problems. Currently, big data is in the news constantly and certainly has become part of the supply chain and operations management lexicon. ......Read More
While looking at historic average demand is important, the average (mean) alone will not reveal variation in the system. Variation is key to a true understanding of past performance and future outcomes.......Read More
Strategic thinking is a critical business skill sought by organizations of all types and sizes, but particularly by those in highly competitive and fast-changing business landscapes. ......Read More
There have been significant advancements recently to the study of data, its mining techniques, and the myriad ways in which smart analysis and application can provide new and valuable insights. At the core of demand and supply alignment is an organization’s ability to acquire, interpret, and use this information to improve visibility into the supply chain and support company profitability and growth—particularly during times of economic volatility. ......Read More
Big data overwhelms traditional database technology, tools, processing, and storage capabilities. To handle the growth of data, software and cloud facilities are being created alongside it.
For one tangible solution to a lack of good data, look no further than a tool from the quality engineer of yesteryear: the humble tally sheet.
Big data can inspire organizations of any size. The result may not be big data in the strictest sense, but it can be a useful head start on business analytics that serves as a foundation for eventual big data adoption.
It's estimated that more than 15 petabytes—about 15 million gigabytes—of new information is collected each day. Big data is here, but it is in the early stages of its life cycle.
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