Category archives: Digital transformation
Part I in our series on assessing your network design’s maturity
How does your network design compare to others? We recently created a quiz to help supply chain professionals answer this question. Our goal was to help you identify potential improvement opportunities by answering a few questions and get a temperature check on the current landscape of network design solutions. We had quiz takers from 23 countries and across industries – from chemicals to manufacturing, metals, telecom, cosmetics, consumer goods, transportation and food. It’s great to see the enthusiasm for this interactive tool.
Today’s most profitable companies have built their success on an effective and responsive supply chain network. But maintaining this is easier said than done. Supply chain networks are becoming increasingly complex, serving multiple SKUs in hundreds if not thousands of locations. Building agility and resilience into your network is more important than ever, with trade disputes and natural disasters posing a constant threat. Achieving this can be difficult if your technology is not flexible enough. Too often, firefighting becomes the norm.
We’ve developed a quiz to help supply chain professionals find out how their network design stacks up against others. The quiz is also a handy resource to identify improvement areas. For instance, did you know that while most companies use spreadsheets for network design, close to 90% of all spreadsheets contain errors? It may be time to revisit your tooling. Take the quiz below to find out how you score and how you can improve!
From import tariffs to the next tsunami: how Prescriptive Analytics can help you build agility and resilience into your Supply Chain NetworkPosted on May 22, 2018 by Paul van NieropLeave a reply
In a world full of turmoil, change has become the new normal. New import tariffs being introduced across the globe, extreme weather events, Brexit… The list goes on and on. What can Supply Chain leaders do to mitigate the risks that these disruptions bring to the Supply Chain? Businesses are constantly reminded that they need to be more agile and resilient in order to survive. But what does this mean when it comes to Supply Chain Network Design?
KFC, a fast food favorite, made headlines last month for suffering a chicken shortage that brought 900 restaurants in the UK to a halt. Recently, the chain announced it was suffering from a gravy shortage as well. Not ideal for a chicken restaurant. No chicken and no gravy mean no customers. The whole debacle could have cost Yum! Brands Inc., KFC’s Parent company, up to £1m in losses per day. Not to mention a PR crisis that, despite a cheeky apology, will follow the company for years to come. What went wrong?
What are companies looking for in supply chain network design technologies? What works well, and what are the challenges? We commissioned Supply Chain Insights to conduct independent research about this topic and discussed the findings in a recent webinar. Today, we’re pleased to share a more extensive report on this topic. The report covers perceptions about supply chain network design (SCND) as a process and outlines the key benefits and barriers experienced by companies when using SCND technology. Let’s take a look at some of the key findings.
This is a guest entry by Frans van Helden, Product Lead at ORTEC Supply Chain Design. As a new writer to this blog, I spent some time to think about what my ‘maiden speech’ should be. I would like to share something about my passions. In my personal life, my true sports passion is bicycling, like your prototype Dutchman. I thought to myself: why do I like it? Cycling, compared to walking, goes at high speed. With sufficient training, you can cover long distances as well. A bicycle is easy to maintain, so if something breaks down, you can repair it yourself. And the best part is: you can spend some time outside, giving your mind some time off, enjoying the countryside. Continue reading »