In today's global economy, risk is unavoidable. But it also provides opportunity, as a company's ability to adapt in difficult circumstances is a true source of competitive advantage and precisely defines a winning approach to risk responsiveness. Is your business prepared to mitigate the effects of operational risks, such as Mother Nature throwing a curveball your way, or a sudden demand spike? Managing supply chain risk means recognizing that things won't always go according to plan, and having the right infrastructure in place to succeed even through the unexpected.
An effective S&OP process can have huge benefits for a business. But putting the process in place means involving senior management right across the business and facing up to some harsh realities.
To stay competitive in today’s marketplace, consumer goods companies are reaching across the globe to seek new customers in new markets. In order to cater to these new customer segments, brand owners are now providing a dizzying array of local product variations through a complex network of outsourced manufacturing partners. To ensure that supply and demand are in better alignment, there are four supply chain challenges that today’s leading consumer goods companies must address, which are as follows:
The cosmetics and beauty market has witnessed dramatic changes over the past two decades, which mirror the various economic, social, and cultural shifts taking place around the world. In this highly competitive marketplace, brand owners are in the constant pursuit of the right strategies to broaden their consumer bases.
As global brands look more and more to the performance of their supply chains as a source of competitive advantage, supply chain “centres of excellence” (COE) have been gaining attention as initiatives that can inject innovation into an organization’s culture. More executives are recognising that to create a long-term strategic view to achieving supply chain excellence, their organisations must look beyond day-to-day issues and outside of their four walls to engage cross-functional key stakeholders who know how the business works and where the real opportunities are hidden.
At E2open, we’re constantly thinking about business trends that may affect how global supply chains are managed. With the growing importance of connecting disparate supply chains, and the move toward collaboration and mutual success criteria, the approaches used in the past don’t support how tomorrow’s supply chains may operate. These days, it truly takes an integrated approach of planning, process and a business network to separate the good from the great. With that in mind, here are some thoughts regarding the global supply chain trends you may want to keep an eye on in 2015.
In part one of this blog series on trends and predictions for the supply chain management (SCM) arena during 2015, Predrag Jakovljevic looked at what’s happening and bound to happen in the retail SCM realm with regards to some of today’s big “buzz word” topics—omni-channel, mobility, integrated planning, the Internet of Things (IoT), and big data. In this second part, he examines the changing role of the retail store, what role inventory optimization plays in omnichannel, and transportation policy optimization.
Sales and operations planning (S&OP) is challenging enough without having your operations on the other side of the Pacific. But that's the situation Radisys Corp. faced when it started outsourcing manufacturing to China. Fortunately, the company has found a silver lining in the cloud.
As it neared its end, 2014 has proven to be an interesting year for the retail (and general) supply chain management (SCM) software market, and 2015 should not be any less exciting. Author Predrag Jakovljevic spoke with resident experts at notable SCM software players over the past few months, and drawing upon these it appears that the following major trends in the general enterprise software market are going to be shaping the SCM landscape in a major way in 2015.
E2open recently announced that it has joined the Esri Partner Network. Esri and E2open are providing demand-supply network integration through business-to-business (B2B) integration capabilities in a software-as-a-service (SaaS) model.