Supply chain News and trends
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Logistics dissected into 3PL and 4PL

Logistics dissected into 3PL and 4PL | Supply chain News and trends | Scoop.it
eTailing India Thought Corner Logistics management is an integral factor in the success of any manufacturing company’s operations and has a direct
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Supply chain News and trends
Supply chain News and trends
Curated by Ricard Lloria
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Rescooped by Ricard Lloria from Sustainable Procurement News
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Could blockchain revolutionise the energy supply chain? 

Could blockchain revolutionise the energy supply chain?  | Supply chain News and trends | Scoop.it
In some of the world's more dynamic industries, like the oil and gas sector, companies face huge challenges on a minute-to-minute basis. Intraday fluctuations in supply and demand, paired with geopolitical changes accompanied by regulatory complexities, and the overriding need for a management system that tracks purchases and services in a volatile market, are industry-wide issues facing oil and gas producers.

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EcoVadis's curator insight, November 20, 12:16 AM

According to you what is the real potential of blockchain in regards to the supply chain industry?

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Logistically Minded: Supply chains at capacity post-hurricanes

Logistically Minded: Supply chains at capacity post-hurricanes | Supply chain News and trends | Scoop.it
Nearly every indicator measured by the PMI grew in October, which is not necessarily a good sign. Sure, it means orders and production are up, but it also represents supply chains are operating at full capacity which increases costs as well. In fact, the three indicators that contracted in October — inventories, customers' inventories and supplier deliveries — support this argument. The comb

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3 Steps to Improve Supply Chain Sustainability

3 Steps to Improve Supply Chain Sustainability | Supply chain News and trends | Scoop.it
Supply chain advancements have kept a similar pace, from data-driven transportation management systems, intelligent routing software and software as a service (SaaS) warehouse management systems to embedded software enabling driver safety advancements, autonomous trucks and platooning. Similar progress has been made in packing material innovation with molded fiber printing that removes the need for additional packaging or labeled wrapping and micro-fibrillated cellulose, which gives paper products the strength and characteristics of plastic without the lasting side effects.

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EcoVadis's curator insight, November 17, 7:00 AM

Have you put efficient measures in place to ensure that your supply chain is sustainable?

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A new tool to assess the environmental and social impact of our products

A new tool to assess the environmental and social impact of our products | Supply chain News and trends | Scoop.it
To measure these impacts, improve each one of our products and share these components with our consumers in a transparent manner, our teams have been developing since 2014 a tool which will make it possible to evaluate the environmental and social performance of its products and which will incorporate social criteria for the first time, in addition to environmental indicators.

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EcoVadis's curator insight, November 17, 2:21 AM

Have you heard about the Responsible Beauty Initiative  bringing together the global beauty industry to strengthen sustainable practices, improve environmental footprint and social impacts and maximize shared value across its collective supply chain.

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Spot the Signs: 9 Ways To Identify Modern Slavery - Blog | Procurious

Spot the Signs: 9 Ways To Identify Modern Slavery - Blog | Procurious | Supply chain News and trends | Scoop.it
As procurement professionals worldwide move to stamp out modern slavery in their supply chains, the enormity of the challenge needs to be met with every available tool. Compliance with legislation, accreditation programs, policies and procedures are all very necessary, but so, too, is simply keeping your eyes and ears open when visiting suppliers on-site.

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EcoVadis's curator insight, November 16, 5:51 AM

Is your supply chain free from modern slavery?

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Could Your Supply Chain be Cracking? Five Tell-Tail Sign for CEOs and CFOs

Could Your Supply Chain be Cracking? Five Tell-Tail Sign for CEOs and CFOs | Supply chain News and trends | Scoop.it
Most CEOs are surprise to discover that what they thought was a well-functioning Supply Chain turned out to hide such a tremendous amount of problems.

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EcoVadis's curator insight, November 15, 7:33 AM

Can you relate, as the one dealing with supply chain and procurement? 

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Six Sigma Cirrhosis: How an Overreliance on Improvement Makes Organisations Ill  

Six Sigma Cirrhosis: How an Overreliance on Improvement Makes Organisations Ill   | Supply chain News and trends | Scoop.it

There was a time when delivering “perfection” at a low price was like a business miracle that customers get a “high” from – but not anymore. In this article, Christopher Surdak elaborates on customers’ perception of quality and cheapness, the “four horsemen” which limit organisations from adapting to an evolved market, and the looming end of Six Sigma.


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How OpenChain can transform the supply chain

How OpenChain can transform the supply chain | Supply chain News and trends | Scoop.it
OpenChain is all about increasing open source compliance in the supply chain. This issue, which many people initially dismiss as a legal concern or a low priority, is actually tied to making sure that open source is as useful and frictionless as possible. In a nutshell, because open source is about the use of third-party code, compliance is the nexus where equality of access, safety of use, and reduction of risk can be found. OpenChain accomplishes this by building trust between organizations.

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EcoVadis's curator insight, November 14, 5:09 AM

Have a look and see how EcoVadis can help you bring change to your supply chain management. 

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Take Control of Visibility into Your Supply Chain

Take Control of Visibility into Your Supply Chain | Supply chain News and trends | Scoop.it
If properly architected, a supply chain control tower will provide you with the information you need to make effective decisions and the applications to carry out those decisions across your organization and your extended partner community. As an example, we recently worked with a global consumer goods manufacturer that adopted a supply chain control tower architecture to improve planning effectiveness, fill rates and overall responsiveness as their business has experienced significant growth in e-commerce. The company was able to reduce their planning cycle time by 75%, improve on-time delivery in full by 11%, and reduce finished good inventory by 11%.

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How Do You Get Your Biggest Idea Through a Big Company? 

How Do You Get Your Biggest Idea Through a Big Company?  | Supply chain News and trends | Scoop.it
Given the speed at which circumstances can change in our world, the only way for procurement organisations to be successful is to achieve faster, better intelligence.

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Happy Hollow Lean

Happy Hollow Lean | Supply chain News and trends | Scoop.it
Today is a favorite holiday for me, full of make-believe supernatural and candy, and unencumbered for the most part by significance.   For this Halloween, I’m recalling a few spirits from the past, links to earlier O.L.D. posts that may bring a smile to your face.  Some deal with the effects of management's horrific misconceptions of about…

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Seeing is believing: why visibility is crucial to a successful supply chain | Technology | Supply Chain Digital

Seeing is believing: why visibility is crucial to a successful supply chain | Technology | Supply Chain Digital | Supply chain News and trends | Scoop.it
A supply chain visibility system must be capable of capturing information of any kind, from any partner, all in real-time. It must also connect related elements such as shipments, orders, invoices, production status, manifests, and payments – and enable entire partner networks to see and operate based on the same information. It must provide functional capabilities such as proactive alerts, reporting and execution. And, it must be capable of supporting anything and everything in the supply chain while also continuing to evolve with our changing world.

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Digital procurement is exploding in the supply chain

Digital procurement is exploding in the supply chain | Supply chain News and trends | Scoop.it
Digital procurement spend nearly reached $1 trillion on SAP Ariba's platform in 2017, showing the digital revolution has finally taken hold of the supply chain, Supply Chain Digital reports.

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Redefining Modern Procurement

Redefining Modern Procurement | Supply chain News and trends | Scoop.it
At that time, procurement, or more commonly known then as purchasing, was a tactical unit in the business, responsible for processing purchase orders and identifying ways to cut costs.  Their primary focus often was to make sure the shop floor had the inventory it needed, or that the front office had its closets stocked with reams of paper and toner ribbons for dot-matrix printers. Procurement was purchasing, and not much else. Sure, it dabbled in forecasting and inventory management, and might even help plan out where the next warehouse or shipment would go, but in-depth focus of functions such as strategic sourcing, diversity spending and risk modeling were all but unheard of.

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EcoVadis's curator insight, November 17, 7:04 AM

Interesting insight of procurement.

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Robotic Solutions in the Supply Chain | RoboticsTomorrow

Robotic Solutions in the Supply Chain  | RoboticsTomorrow | Supply chain News and trends | Scoop.it
However, we believe that robots, far from replacing their human counterparts, will actually help provide a solution to one of the biggest challenges facing the logistics industry today – a lack of labour availability. It’s not easy for companies around the world to find enough high-quality employees to move goods from suppliers to customers.

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EcoVadis's curator insight, November 17, 4:32 AM

What is your view on including robotics to supply chain?

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Why Supply Chain Cost-Cutting Isn’t Impacting the Bottom Line

Why Supply Chain Cost-Cutting Isn’t Impacting the Bottom Line | Supply chain News and trends | Scoop.it
In fact, only 33% of operations executives strongly agree that they see the results of their supply chain cost reduction initiatives in the P&L statement.

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EcoVadis's curator insight, November 17, 4:28 AM

Maybe have a sustainable supply chain can be more effective than cost-cutting. What do you think?

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Visible Supply Chains Mean Predictable Cash Flow

Visible Supply Chains Mean Predictable Cash Flow | Supply chain News and trends | Scoop.it
But today, supply chain visibility goes beyond being able to decipher where a shipment is at any point in time. David Cahn, director of product marketing at supply chain management firm Elemica, said the definition of “visibility” now expands beyond order tracking and into areas like payments tracking, supplier management and even visibility into the future via predictive data analytics.

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EcoVadis's curator insight, November 17, 2:34 AM

How do you ensure visibility across your supply chain?

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11 Ways the Denim Supply Chain Tackles Sustainability

11 Ways the Denim Supply Chain Tackles Sustainability | Supply chain News and trends | Scoop.it
Garment and finishing company Firemount Textiles tackles sustainability across all areas of the manufacturing process. The company touts Eco Wash, an eco-responsibly wash that uses 12.5% less water and 67.5% less chemicals. The process combines laser and ozone technologies.

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EcoVadis's curator insight, November 15, 7:30 AM

Do you think the denim industry can really be sustainable?

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Big data untangles supply chain complexity

Big data untangles supply chain complexity | Supply chain News and trends | Scoop.it
Supply chain involves the movement of products and services from the supplier to the consumer with the aim of closing a sale and fulfilling the contract and agreement made between the two. The big data is also referred to as the supply chain analytics which helps not just a business to show signs of improvement now but it enables a business to get ready for the future.

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EcoVadis's curator insight, November 15, 7:36 AM

Do you think Big Data can help dealing with your supply chain? 

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 Business Continuity Builds Supply Chain Resilience

 Business Continuity Builds Supply Chain Resilience | Supply chain News and trends | Scoop.it
Tech is not the only underused tool in the supply chain arsenal, though. The report highlights an increase in availability of insurance products against supply chain losses in the market. However, it showed that 51% organizations still do not insure against supply chain disruption at all. Too often, organizations are unaware of the innovative risk transfer solutions offered by insurance companies. These new insurance vehicles look at protection against named suppliers and supplies damage and non-damage events.

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What is the future of sustainability in the supply chain?

What is the future of sustainability in the supply chain? | Supply chain News and trends | Scoop.it
The supply chain is one of the most impactful components of a company’s sustainability efforts. Each year brings more progress as public attention increases and the supporting processes and technologies advance and mature. We have ‘green KPIs’ on dashboards and homepages tuned to measure how well each plan supports company environmental goals.

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EcoVadis's curator insight, November 14, 12:53 AM

Do you think your supply chain can be sustainable? 

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How blockchain and AI improve supply chain tracking

How blockchain and AI improve supply chain tracking | Supply chain News and trends | Scoop.it
Chronicled's Samantha Radocchia explains how companies can use AI, machine learning, and blockchain to improve data visibility and enhance processes.

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Manufacturing supply chains 'starting to creak'

Manufacturing supply chains 'starting to creak' | Supply chain News and trends | Scoop.it
Duncan Brock, director of customer relationships at CIPS, said: “One note of caution surrounds the endless onslaught of inflationary pressures. Input prices increased to their highest level for seven months as commodity prices rose and intense competition for raw materials also had a cost impact.

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Lean Six Sigma Is Everywhere

Lean Six Sigma Is Everywhere | Supply chain News and trends | Scoop.it
Do you ever walk into a store and know at a glance where to find what you need? Do you notice that seemingly long lines can often move really quickly? Do you find yourself wondering why things don’t go horribly wrong more often? Lean Six Sigma is at work!

Via Steven Bonacorsi
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NextGen Supply Chain: 3-D printing is on the move

NextGen Supply Chain: 3-D printing is on the move | Supply chain News and trends | Scoop.it

Clearly, 3-D printing is on the move. But don’t get too carried away and expect it to replace established manufacturing techniques. Don’t look for all manufacturing to shift to retail stores, to parcel delivery depots or to your home or mine. Instead, 3-D will supplement current manufacturing at various supply chain nodes in some key segments.


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EcoVadis's curator insight, November 9, 12:39 AM

How do you think 3D printing can revolutionize the supply chain industry?