Supply Chain Management
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Fear of the Black-box

Fear of the Black-box | Supply Chain Management | Scoop.it
Vivek Sehgal's insight:

Almost a decade ago, I was involved in implementing a replenishment planning system for a large retailer. The new system used statistically projected demand forecasts, available and projected inventory, and dynamically computed lead-times to recommend the replenishments. It took care of order sizing to comply with vendor contract terms and pack-sizes, and rounded up/down using demand volume, frequency, and variability. The intent of  implementing such an advanced system was to relieve the inventory planners from the daily grind of reviewing and approving thousands of recommended replenishment suggestions.

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Better Late than Never!

Better Late than Never! | Supply Chain Management | Scoop.it
Vivek Sehgal's insight:

“US CEOs are coming to realize that no matter their industry, they must now think like technology companies,” says PwC, reporting on their annual CEO survey for 2014. I am just happy to see that the executive offices are finally realizing the competitive advantages of technology. The report is chockfull of sentences like, “Technology is everyone’s business” and “The consensus is that IT has firmly moved from the back office to the corner office”. This is unlike any other report in recent times that I have seen. The report quotes that 86% of US CEOs say technological advances will transform their business over the next five years. That is a very high number!

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Amazon Flies!

Amazon Flies! | Supply Chain Management | Scoop.it
Vivek Sehgal's insight:

I know that it is old news already: After all, it has been almost 24 hours since it was widely reported that Amazon may start delivering your packages using autonomous drones. And of course, there is plenty of commentary about how this may not happen soon (or never, may be) with the concerns about the technology, FAA rules, and even our ability to fight crime! But I think everybody is missing the point.

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The Secret Life of Everything: Where Your Stuff Comes From - Facts So Romantic - Nautilus

The Secret Life of Everything: Where Your Stuff Comes From - Facts So Romantic - Nautilus | Supply Chain Management | Scoop.it
A stack of containers at the giant port in Hamburg, Germany.Glyn LoweAt this stage of the early 21st century, when transparency has…
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Amazon to Hire 70,000 Workers for the Holidays

Amazon to Hire 70,000 Workers for the Holidays | Supply Chain Management | Scoop.it
Amazon plans to hire 70,000 seasonal workers for its U.S. warehouse network this year, a 40% increase that points to the company's upbeat expectations about the holiday selling season.
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Mushrooming Showrooming - Supply Chain Musings

Mushrooming Showrooming - Supply Chain Musings | Supply Chain Management | Scoop.it
image The Home Depot started in 1979 with their first store in Atlanta. Within seven years in 1986, it hit the $1 billion-mark in sales which grew to $20 billion in 1997. During this span of 12 years, it had an average annual ...
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Wal-Mart Going the Home Depot Way? - Supply Chain Musings

Wal-Mart Going the Home Depot Way? - Supply Chain Musings | Supply Chain Management | Scoop.it
image The Home Depot started in 1979 with their first store in Atlanta. Within seven years in 1986, it hit the $1 billion-mark in sales which grew to $20 billion in 1997. During this span of 12 years, it had an average annual ...
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Rupee depreciation creates challenges for Indian logistics sector - Economic Times

Rupee depreciation creates challenges for Indian logistics sector - Economic Times | Supply Chain Management | Scoop.it
Economic Times Rupee depreciation creates challenges for Indian logistics sector Economic Times Depreciation of Indian Rupee against the US Dollar has created a challenging environment for the Indian logistics sector, owing to the increased costs...
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Surviving the Amazon

Surviving the Amazon | Supply Chain Management | Scoop.it
Vivek Sehgal's insight:

Why does one group of retailers outperform the S&P 500 by 23% over the last 22 months, while a second group lags behind, beating the S&P by only 9% during a period of rapid escalation of retail stock prices? Jeff Bailey of Y-charts says that the critical difference is that the former group has relatively low exposure to Amazon. Jeff quotes work by William Blair & Co. analysts. Now that it has been positively quantified, what do you do if you are a retailer with a substantial overlap with what Amazon sells?

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3d Printing is So Passé

3d Printing is So Passé | Supply Chain Management | Scoop.it
Vivek Sehgal's insight:

Life is too boring with 3d printing, all you can do is download the “printing” programs and build stuff at home! And it takes time. So MIT engineers came up with (what else?) 4d printing. But hold on, don’t all physical stuff has three dimensions? So what does the 4th dimension get you? Well, the answer is TIME. Yes, MIT brings to you materials that are pre-programmed to change shape, characteristics, assemble themselves, or otherwise affect physical and/or chemical changes in response to the environment they are placed in. So the 3d printer can print the flat surface that eventually curls up on the edges to become a phone case when you drop it into water! Or basically other stuff like that…you get the idea.

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Next-shoring Now

Next-shoring Now | Supply Chain Management | Scoop.it
Vivek Sehgal's insight:

Supply chains manage variability. Variability naturally exists in all processes. Specific to supply chains, you could quote variability in demand, supply, lead-times to replenish, and so on. So the corporate supply chains singular objective is to manage this variability profitably. If you can do it better than the next guy, you win! That is competitive advantage for you. Where do you see this most in action? Look around and you will see this principle in action in how global supply chains are emerging.

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Got Shiny Supply Chain? Show it Off!

Got Shiny Supply Chain? Show it Off! | Supply Chain Management | Scoop.it
Vivek Sehgal's insight:

Several studies find that your supply chain may even have an (emotional) appeal to your customers. McKinsey reports that the buyers’ favor brands that are perceived to “act responsibly across (their) supply chains”. Another paper recently published in German Academic Association for Business Research also found that the right message about a responsible supply chain can help “lift a brand's reputation”.

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Retailers Hiring the Most Employees for the Holidays

Retailers Hiring the Most Employees for the Holidays | Supply Chain Management | Scoop.it
As the holiday season approaches, retailers are preparing for the busiest shopping time of the year by increasing their workforces. Five of the nation’s largest retailers will add nearly 300,000 jobs combined this winter.
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Wal-Mart Cutting Orders as Unsold Merchandise Piles Up

Wal-Mart Cutting Orders as Unsold Merchandise Piles Up | Supply Chain Management | Scoop.it
Wal-Mart Stores Inc. is cutting orders it places with suppliers this quarter and next to address rising inventory the company flagged in last month’s earnings report.
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What Does it Take to Boldly go Where No Man Has Gone Before?

What Does it Take to Boldly go Where No Man Has Gone Before? | Supply Chain Management | Scoop.it
image The Home Depot started in 1979 with their first store in Atlanta. Within seven years in 1986, it hit the $1 billion-mark in sales which grew to $20 billion in 1997. During this span of 12 years, it had an average annual ...
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Walmart Continues Quest For Supply Chain Sustainability - EarthTechling

Walmart Continues Quest For Supply Chain Sustainability - EarthTechling | Supply Chain Management | Scoop.it
EarthTechling
Walmart Continues Quest For Supply Chain Sustainability
EarthTechling
In the world of retail, Walmart is a behemoth.
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In The World: Mapping the logistics of megacities - MIT News

In The World: Mapping the logistics of megacities - MIT News | Supply Chain Management | Scoop.it
In The World: Mapping the logistics of megacities MIT News To help manage these logistics, researchers at MIT's Megacities Logistics Lab have gathered data — collected by 11 MIT students paired with local students around the world — on...
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Supply Chain Management: Wal-Mart Blunders and Consumers Take the Fall

Supply Chain Management: Wal-Mart Blunders and Consumers Take the Fall | Supply Chain Management | Scoop.it
Vivek Sehgal's insight:

Reuters reports on Aug 15, “Wal-Mart Stores Inc (WMT.N) reported a surprise decline in quarterly same-store sales in the United States, its biggest market, after shoppers came in less often because higher taxes and gasoline prices were leaving them with less spending money. The world's largest retailer also cut its revenue and profit forecasts for its fiscal year, raising concerns about retail spending as the all-important holiday season nears. It cited weak results from the United States, as well as …..”

However the U.S. Department of commerce numbers tell a different story. Who is losing steam, economy or Wal-Mart?

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