Infusing Technology to Mitigate Risk in the Supply Chain
|
|
- Griselda Marsh
- 8 years ago
- Views:
Transcription
1 W H I T E P A P E R Infusing Technology to Mitigate Risk in the Supply Chain
2 Lean, efficient, and secure supply chains are the lifeblood of most retail organizations. Supply chain management key tasks are to source, procure, and move goods from development stages to store level as cost-effectively as possible, and in the most timely manner. Millions of dollars worth of cargo and hundreds of in-transit shipments are moving through the supply chain at any given time. This growing volume and increased reliance on global suppliers opens up the supply chain to increased risks that can not only cause monetary loss, but could damage a company brand. In addition, the movement of goods is being impacted by increased inspections by government agencies at border crossings, potentially leading to increased costs to the retailer and slower through-put-times. Understanding and managing risk in your supply chain is an imperative. Unfortunately, most companies still rely on manual processes to manage supply chain risk which are not only inefficient, but also exposes their companies to breaches. With a focus on automated risk solutions, retailers are in a stronger position to mitigate risk and more efficiently deliver goods throughout every point of the value chain. 1
3 The Task at Hand The supply chain is becoming increasingly complex. In addition to the complexity and tighter response time required due to consumer demand and customer-centric strategies, there are more governmentmandated compliances, especially around Pharmaceutical and Chain of custody requirements. Furthermore, reliance on supplier partners, raw material providers, third-party manufacturers, and transportation providers intensifies the need for visibility of goods and effective fulfillment throughout every stage of the demand chain. When you add global expansion and the related financial and economic volatility into the mix, retailers are facing more complex sourcing issues, many of which require certifications. Without insight into these and other business issues, retailers run the risk of missing delivery deadlines and jeopardizing the safety of merchandise during shipments, two factors that can increase operating costs, strain partner relationships or, worse, ruin a brand s reputation. However, manual processes only intensify the severity of these issues. Manual processes are inefficient to keep up with industry changes, supply chain risks, partner updates, and how to evaluate and respond to updates. Manual processes do not allow companies to quickly and efficiently evaluate an issue or assess the resources needed to mitigate risk, said Charles Babb, product manager with BSI Supply Chain Group. With data entering the supply chain from so many directions, manually driven companies find it difficult, if not impossible, to attain an accurate, error-free view of historical data and risk. Most companies also don t have any way to monitor and measure the many complex trends caused by macro-trends, including economic swings, political instability, changes in customs trade programs and anti-western terrorism treats just to name a few. The good news is that retailers are eager to address these issues. For example, 59% of retailers are making it a priority to improve their visibility into risk factors, efficiencies and performance, while 54% expect tighter supply chain processes to improve customer service, according to a study conducted by BSI. The third priority for companies is to improve their ability to predict, assess and manage (supply chain) risk, the study said. (The study, called Creating a Secure Supply Chain, was comprised of responses from 226 logistics and supply chain managers across a variety of companies, including manufacturers, wholesale and retailers (14%), as well as other supply chain businesses, such as third-party logistics (3PL) companies and transportation services.) The retail industry has been making significant strides and investing in supply chain operations for more than a decade, with key focus areas on responsiveness, security and accuracy. In fact, 69% of retailers report that accuracy tops their list of mission-critical supply chain performance metrics, according to The 10th Annual Retail Horizons, Benchmarks for 2011, Forecasts for 2012, a report from Washington, D.C.-based National Retail Federation and KPMG. 59% of retailers are making it a priority to improve their visibility into risk factors, efficiencies and performance, while 54% expect tighter supply chain processes to improve customer service, according to a study conducted by BSI. Creating an Automated Path While many retailers are making efforts to improve these areas, their current approaches are missing the mark. Too many are still approaching the task with Band-Aid remedies, such as assigning unequipped teams to manage the task. Arming them simply with a manual process will not create results. Retailers that leverage and integrate automated solutions within their supply chain risk solutions are in a stronger position to improve (and even slash) operating expenses, improve supply chain efficiencies and support increased continuity within supply chain operations. Automating supply chain risk processes is not without its challenges, but it is attainable. The key to a successful initiative is to have an established, clear list of prerequisites for desired solutions as well as potential technology partners. Among the areas to focus on are: A majority of companies are adopting stronger supply chain initiatives moving forward. In fact, 72% of companies reported their top supply priority was to reduce supply chain costs, while 65% are eager to control operating costs, according to the BSI report. Overall, retailers need a solution that delivers insight and visibility into the supply chain to improve effectiveness of supplier partnerships and collaboration. In fact, 29% of retailers are increasing their collaborative efforts among core suppliers as a means of competing in such a competitive marketplace, according to data from Aberdeen Group, Boston. All points illustrate how automated solutions have never been more important. A user-friendly solution; A solution that provides deeper visibility into potential risk factors; and Capabilities that will help the company keep a firm grasp on their operating costs. 2
4 Finding the Solution Data proves that automation of supply chain security programs can deliver the visibility retailers need to meet business goals. While 37% of retailers are already reaping the benefits of automated configurations, 18% of companies are currently evaluating how to make this transition, with another 24% considering making this commitment within the next 24 months, the BSI study said. 73% of retailers reported that supply chain security has become an extremely or very important priority within their company s business plans, according to BSI data. While many companies are improving supply chain processes in an effort to accomplish critical business goals, supply chain security is just as high a priority. In fact, 73% of retailers reported that supply chain security has become an extremely or very important priority within their company s business plans, according to BSI data. This attention is apparent, especially as the supply chain becomes more complex from both sourcing as well as fulfillment standpoints. As retailers expand their operations globally, they follow suit by establishing new partnerships with international supply chain partners, Babb explained. And because of the renewed emphasis on supply chain security, it s more important than ever to keep a close eye on risk factors. BSI is one company that is working with the industry to ensure that they can protect the supply chain from vulnerabilities as both international and domestic goods travel from country to country. By implementing the Supplier Compliance Manager (SCM) solution, retailers have access to a Web-based tool designed to facilitate and effectively manage supplier risk assessments. Risk algorithms and supplier assessments are infused with BSI s cargo disruption data and risk-based assessments. This process is compliant with government-mandated and voluntary programs, including: Customs-Trade Partnership Against Terrorism (C-TPAT): This voluntary supply chain security program, led by U.S. Customs and Border Protection (CBP), focuses on improving the security of private companies supply chains with respect to terrorism; Partners in Protection (PIP): This program, established by the Canada Border Services Agency (CBSA), enlists the cooperation of private industry to enhance border and trade chain security, combat organized crime and terrorism, and help detect and prevent contraband smuggling; and Authorized Economic Operator (AEO): These are authorized parties involved in the international movement of goods. AEOs are approved on behalf of a national Customs administration, as long as they comply with WCO or equivalent supply chain security standards. In addition to adhering to industry trading standards, global business partners also need to find ways to foster collaboration across supply chain best practices. When relying on manual processes, language barriers often get in the way, and there are no guarantees paperwork gets received in a timely manner, Babb said. Automated processes can eliminate these issues. BSI can help retailers achieve this higher level of accuracy and security among supply chain operations. The company s (SCM) tool incorporates an electronic questionnaire for suppliers. Rather than rely on spreadsheets, individual s or paper-based forms and faxes, this automated solution allows suppliers to complete forms on a secure portal. For example if the supplier and merchandise is pre-approved and deemed C-TPAT compliant, cargo will be inspected less frequently when entering ports. Non-C-TPAT compliant containers are subject to inspection, which holds up merchandise at ports, a process that costs suppliers capital and time, Babb explained. Moreover, even C-TPAT containers are subject to inspection at a reduced rate depending on tier level. By adding intelligence and automating the process, companies are saving money and resources. When relying on manual processes, language barriers often get in the way, and there are no guarantees paperwork gets received in a timely manner, Babb said. Automated processes can eliminate these issues. 3
5 Managing Risk Exposure: SCREEN BSI s Supply Chain Risk Exposure Evaluation Network (SCREEN) solution supports the creation and management of global risk-based supply chain security programs. A Web-based intelligence tool, SCREEN presents unique, proprietary risk data and BSI-generated analysis related to global supply chain security risk exposure, then provides trade and compliance information to more than 200 countries. BSI s threat analysis and security countermeasure recommendations in areas such as in-transit security, supplier minimum-security criteria and cargo chain-of-custody controls help SCREEN users identify and understand supply chain security threats and aids in developing tailored approaches to improve business continuity and compliance. In addition to using real-time intelligence to provide potential routing threats due to terrorist activity, weather or federal mandates, it also feeds this data to our SCM tool, Babb explained. Both tools are software-as-a-service (SaaS) solutions that are licensed by retailers and managed in a secure data center. SCM automatically pulls from the retailer s prerequisite compliance questionnaire and sends this specific document via to retailers business partners. As they respond, information is added to BSI s database and can be shared with customs organizations, which use this specified information to track merchandise in transit from these suppliers. Not only does customs know these suppliers are compliant and confirmed to be trustworthy, imported merchandise is accepted and confirmed quicker, he said. Our software allows retailers to mitigate risk before data is shared with government agencies, which can hold up suspicious shipments due to potential risk or threats. Tying it All Together By adding a variation of these intelligence tools, retailers are primed to save time and resources, as well as mitigate risk from the supply chain. Specifically, the tools can help retailers manufacturer partners avoid unnecessary inspections, as well as related fees. If an importer gets inspected three or four times, it can be a costly proposition, Babb said. The fewer times containers are stopped for inspection not only saves retailers capital, it also increases merchandise speed to market. This is good news for the 80% of companies that are concerned with the additional costs that accrue during supply chain breaches, according to BSI s data. Meanwhile, 70% struggle with the additional resources, including labor, hours and budgets that are allocated during supply-chain disruptions, and 55% feel breaches are jeopardizing time to market, product launches and product quality (43%) all factors that are contributing to lost business. These are only a few business challenges that make it imperative to operate a more secure supply chain and move this endeavor to the top of retailers priority lists. But without the proper tools in place, retailers become vulnerable to breaches that can cripple operations and stall supply chain processes all which impact the customer experience, brand loyalty and, ultimately, sales. By automating supply chain operations, retailers are positioned to combat any breakdowns within the network. By automating risk assessment in their supply chain, retailers are primed to: Operate a lean operation that works cost-effectively and efficiently to control costs; Manage tighter delivery schedules that are developed to promptly fulfill customer orders, safely ship product and protect intellectual property; Maintain brand integrity; and Run a socially responsible supply chain. Of course, efforts are ongoing and remain a journey. However, by adopting more automated solutions, retailers can define risk management policies, establish security initiatives and attain compliance with global standards. For more information on risk management in the supply chain, visit: supplychainsecurity.com BSI America Professional Services Inc Drinkwater Boulevard Ste 210 Scottsdale, AZ Tel: supplychainsolutions@bsigroup.com 4
Risk-Based Approach to Managing Supply Chain Security and Compliance
Risk-Based Approach to Managing Supply Chain Security and Compliance Supply chain security remains a U.S. policy priority, and the U.S. Government continues to work closely with the trade community to
More informationManaging Risk in the Global Supply Chain
Managing Risk in the Global Supply Chain Introduction As supply chains grow more complex, they become more vulnerable to disruptions. Questionable supplier performance, natural disasters, in-transit risks,
More informationCustoms Trade Partnership Against Terrorism (C-TPAT) International Supply Chain Security Risk Assessment Frequently Asked Questions
Customs Trade Partnership Against Terrorism (C-TPAT) International Supply Chain Security Risk Assessment Frequently Asked Questions In an effort to clarify the April 23, 2010 bulletin regarding international
More informationIncreasing Competitiveness / Lowering Costs with Supply Chain Management and Security Standards
Increasing Competitiveness / Lowering Costs with Supply Chain Management and Security Standards September 2010 SURGE logistics- GSProgress Inc. 1000 Potomac Street NW The Flour Mill Building Washington,
More informationReducing Trade-Financing Risks Through the Use of the Powers Secured Chain of Custody
Reducing Trade-Financing Risks Through the Use of the Powers Secured Chain of Custody Banks are normally sought out by importers who need financing. Traditionally the financing has usually been through
More informationMexico Shipments Made Simple. Third-party logistics providers help streamline the U.S. Mexico cross-border process WHITE PAPER
Mexico Shipments Made Simple Third-party logistics providers help streamline the U.S. Mexico cross-border process WHITE PAPER Introduction With the cost of manufacturing rising in Asia, many companies
More informationA RISK-BASED REMEDY FOR PHARMA SUPPLY CHAIN SECURITY CONCERNS
Supply Chain Security Solutions A RISK-BASED REMEDY FOR PHARMA SUPPLY CHAIN SECURITY CONCERNS An Analysis by Dan Purtell, Senior Vice President, BSI Supply Chain Solutions No business is immune from costly
More informationPurchase Order Management
RESEARCH BRIEF APRIL 2014 Improving Order and Fulfillment Operations: Purchase Order Management Sponsored by: Research conducted by: On behalf of: Introduction The growth of global supply chain has put
More informationRail Carrier Security Criteria
Rail Carrier Security Criteria Rail carriers must conduct a comprehensive assessment of their security practices based upon the following C-TPAT minimum-security criteria. Recognizing that rail carriers
More informationABBVIE C-TPAT SUPPLY CHAIN SECURITY QUESTIONNAIRE
AbbVie is a participant in the U.S. Customs supply chain security program called the Customs-Trade Partnership Against Terrorism (C-TPAT). Participation in C-TPAT requires AbbVie to ensure that its overseas
More informationSarbanes-Oxley: Beyond. Using compliance requirements to boost business performance. An RIS White Paper Sponsored by:
Beyond Sarbanes-Oxley: Using compliance requirements to boost business performance The business regulatory environment in the United States has changed. Public companies have new obligations to report
More informationFour distribution strategies for extending ERP to boost business performance
Infor ERP Four distribution strategies for extending ERP to boost business performance How to evaluate your best options to fit today s market pressures Table of contents Executive summary... 3 Distribution
More informationC-TPAT Program Benefits. Reference Guide
C-TPAT Program Benefits Reference Guide U.S. CUSTOMS AND BORDER PROTECTION C-TPAT PROGRAM BENEFITS T he Customs-Trade Partnership Against Terrorism (C-TPAT) program is but one layer in U.S. Customs and
More informationGlobalization Drives Market Need for Supply Chain Segmentation: Research & Key Strategies
Globalization Drives Market Need for Supply Chain Segmentation: Research & Key Strategies Sponsored by: Conducted by: On behalf of: Introduction Businesses continue look to their supply chain operations
More informationHow to build a great compliance program for your U.S. imports
How to build a great compliance program for your U.S. imports For the importer of record, compliance means the complete and accurate recording of all internal processes through books and records, from
More informationCurrent Trends and the Potential for Automation in International Transportation Management. Current Trends. Automation
Current Trends and the Potential for Automation in International Transportation Management Current Trends and the Potential for Automation in International Transportation Management Sponsored by Presented
More informationC-TPAT Executive Summary
C-TPAT Executive Summary Customs and Border Protection (CBP) established the Customs-Trade Partnership against Terrorism (C-TPAT) as part of a comprehensive strategy designed to enhance national security
More informationField Service in the Cloud: Solving the 5 Biggest Challenges of Field Service Delivery
Field Service in the Cloud: Solving the 5 Biggest Challenges of Field Service Delivery The ServiceMax Whitepaper Executive Summary The time has come for field service organizations to also reap the benefits
More informationMSC Security Program Security in the Logistics Supply Chain
Maritime Security Council L MSC Security Program Security in the Logistics Supply Chain First Hemispheric Convention on Port Logistics and Competitiveness Ixtapa-Zihuatanejo November 3-5, 2010 Talking
More informationRisk Assessments and Risk Based Supply Chain Security. March, 2010
Risk Assessments and Risk Based Supply Chain Security March, 2010 What is Risk? What a Risk Assessment Isn t What a Risk Assessment Is How does the Risk Assessment fit into the C-TPAT program? How can
More information4 Key Tools for Managing Shortened Customer Lead Times & Demand Volatility
ebook 4 Key Tools for Managing Shortened Customer Lead Times & Demand Volatility 4 Key Tools for Managing Shortened Customer Lead Times & Demand Volatility S U P P L Y C H A I N Content Introduction Tool
More informationGlobal Supply Chain Security Recommendations
Global Supply Chain Security Recommendations These minimum security criteria are fundamentally designed to be the building blocks for foreign manufacturers to institute effective security practices designed
More informationTransportation Management Systems Solutions:
Transportation Management Systems Solutions: The Workhorse of Logistics 866.672.2862 m33integrated.com 511 Rhett Street, Suite 3 Greenville, South Carolina 29601 Few advances in commercial transportation
More informationSecurity Criteria for C-TPAT Foreign Manufacturers in English
Security Criteria for C-TPAT Foreign Manufacturers in English These minimum security criteria are fundamentally designed to be the building blocks for foreign manufacturers to institute effective security
More informationAn Oracle White Paper November 2011. Financial Crime and Compliance Management: Convergence of Compliance Risk and Financial Crime
An Oracle White Paper November 2011 Financial Crime and Compliance Management: Convergence of Compliance Risk and Financial Crime Disclaimer The following is intended to outline our general product direction.
More informationSix Key Trends Changing Supply Chain Management Today. Choosing the optimal strategy for your business
A Knowledge-Driven Consulting White Paper 2009 Corporation Six Key Trends Changing Supply Chain Management Today Choosing the optimal strategy for your business Contents Demand Planning.........................................
More informationBest Practices C-TPAT 5-Step Risk Assessment Process
Best Practices C-TPAT 5-Step Risk Assessment Process 17 th Annual T&T Conference April 3, 2013 Karen Lobdell Director Global Solutions Integration Point 1 Is This Your Current Process? 2 CBP s Approach
More informationI-Track Software. A state of the art production and warehouse management system designed for Food and Beverage Manufacturers. Overview 2.
Overview 2 Features 3 Benefits 4 I-Track Software A state of the art production and warehouse management system designed for Food and Beverage Manufacturers Site Assessment 5 Integrated Plant Floor Execution
More informationValuable Metrics for Successful Supplier Management
Valuable Metrics for Successful Supplier Management Stringent global trade and product safety regulations have been increasingly enforced, driving organizations to seek absolute visibility across the supply
More informationLOGISTICS, SECURITY AND COMPLIANCE: THE PART TO BE PLAYED BY AUTHORISED ECONOMIC OPERATORS (AEOs) AND DATA MANAGEMENT
LOGISTICS, SECURITY AND COMPLIANCE: THE PART TO BE PLAYED BY AUTHORISED ECONOMIC OPERATORS (AEOs) AND DATA MANAGEMENT Abstract Doug Tweddle Enhanced security, compliance and logistics management in both
More informationCopyright 2000-2007, Pricedex Software Inc. All Rights Reserved
The Four Pillars of PIM: A white paper on Product Information Management (PIM) for the Automotive Aftermarket, and the 4 critical categories of process management which comprise a complete and comprehensive
More informationCertifying the Industrial Athlete of the Future. 2014 Edition
Certifying the Industrial Athlete of the Future Work Standards Logistics 2014 Edition Manufacturing Skill Standards Council 1410 King St. Alexandria, VA 22314 www.msscusa.org Background The Manufacturing
More informationThe Supplier Collaboration Shortage: Uncovering the Gaps in Supply Chain Readiness. October 2013. Sponsored by: Conducted by: On behalf of:
The Supplier Collaboration Shortage: Uncovering the Gaps in Supply Chain Readiness October 2013 Sponsored by: Conducted by: On behalf of: Introduction High inventory liability, the inability to align supply
More informationTrade risk management: a global approach
World Customs Journal Trade risk management: a global approach Abstract Lorraine Trapani This article discusses IBM s global approach to managing risk associated with importing product into more than 170
More informationSUPPLY CHAIN SECURITY: THE CUSTOMS COMMUNITY S RESPONSE
World Customs Journal SUPPLY CHAIN SECURITY: THE CUSTOMS COMMUNITY S RESPONSE Abstract Kunio Mikuriya The international customs community has developed measures to secure and facilitate global trade which
More informationCustomers, Loyalty & SEM
Customers, Loyalty & SEM Store Execution Management as the link to your brand, your associates and your customers There seems to be a consensus that retailers today are faced with a universal challenge:
More informationAdd a new perspective to your supply chain management.
STATUS: 500 UNITS PRODUCTION "PART A-507" DEPARTED ETA LAX10:00 LOCAL PRODUCTION DATE: CONFIRMED Add a new perspective to your supply chain management. 360 visibility. Active control. Moving at the speed
More informationAP Automation. Are You Thinking Strategically? What s Inside: Beyond Cost Reduction & Compliance. Benefits of the Paper to Electronic Migration
Pay tream A D V I S O R S WHITE PAPER AP Are You Thinking Strategically? What s Inside: Beyond Cost Reduction & Compliance Benefits of the Paper to Electronic Migration Deriving Greater Strategic Value
More informationINCREASE SALES 20% OR MORE WITH SHIP-FROM-STORE
INCREASE SALES 20% OR MORE WITH SHIP-FROM-STORE Deployed in 99 Days Consumers expect products to be available when they want them. If not, they will turn to competitors, resulting in lost sales. Ship-From-Store
More informationSupply Chain Alignment Assessment: A Road Map
Supply Chain Alignment Assessment: A Road Map By Will Scott waersystems.com info@waersystems.com Supply Chain Alignment Assessment: A Road Map Table of Contents PAGE Part I Supply Chain: A Definition 1
More informationA concise guide to mirroring your U.S. success in Canada
A concise guide to mirroring your U.S. success in Canada Customs Logistics System Solutions Global Service In recent years, Canada s regulatory regime has become complicated and very technical. With over
More informationJoint statement on supply-chain security
Joint statement on supply-chain security The United States and the European Union face similar challenges and share a common approach to the security ofthe supply-chain. We have witnessed several incidents,
More informationChains. T-TIP Stakeholder Presentation 5 th Round Arlington, VA May 21, 2014
Risk Management and Global Supply Chains T-TIP Stakeholder Presentation 5 th Round Arlington, VA May 21, 2014 AAEI Works with European Partners What Are the General Trends for Trade? Compliance Facilitation
More informationAttack Intelligence: Why It Matters
Attack Intelligence: Why It Matters WHITE PAPER Core Security +1 617.399-6980 info@coresecurity.com www.coresecurity.com A Proactive Strategy Attacks against your organization are more prevalent than ever,
More informationAligning Quality Management Processes to Compliance Goals
Aligning Quality Management Processes to Compliance Goals MetricStream.com Smart Consulting Group Joint Webinar February 23 rd 2012 Nigel J. Smart, Ph.D. Smart Consulting Group 20 E. Market Street West
More informationProcurement General Session: Empowering Modern Procurement
Procurement General Session: Empowering Modern Procurement Business Driven. Technology Powered. Marco Rossi SCM Product Development Director - EMEA Safe Harbor Statement The following is intended to outline
More informationSupplier Relationship Management Tools
Supplier Relationship Management Tools Contents The Need for Supplier Management Automation VSAAM Capabilities The Magic of VSAAM The VSAAM Value Proposition VSAAM System Integration and Deployment Process
More informationIntermec Security Letter of Agreement
Intermec Security Letter of Agreement Dear Supplier, Please be advised that Intermec Technologies has joined US Customs and Border Protection (USC&BP) in the Customs-Trade Partnership Against Terrorism
More informationOutsourcing Manufacturing: A 20/20 view
Outsourcing Manufacturing: A 20/20 view OUTSOURCING MANUFACTURING is becoming a well-established approach for companies that want to strategically manage materials in today s fast-paced business environment.
More informationVendor Gateway and Data Vault Overview
VENDOR GATEWAY RULES Canadian Tire Corporation, Limited To print or save a copy of the Vendor Gateway Rules, click here. These Gateway Rules offer a source of information to assist representatives of your
More informationThe Business Case for Investing in Retail Data Analytics
The Business Case for Investing in Retail Data Analytics Why product manufacturers are investing in POS and inventory analytics solutions Introduction In the latest Shared Data Study from CGT and RIS News
More informationTransformation. Fueling Supply Chain. Predictive analytics energizes dynamic networks. By Can A. Dogan, Frode Huse Gjendem, and Jade Rodysill
Fueling Supply Chain Transformation Predictive analytics energizes dynamic networks By Can A. Dogan, Frode Huse Gjendem, and Jade Rodysill 38 July/August 2011 APICS magazine As companies fight for competitive
More informationTHE UH OH MOMENT. Financial Services Enterprises Focus on Governance, Transparency and Supply Chain Risk
THE UH OH MOMENT Financial Services Enterprises Focus on Governance, Transparency and Supply Chain Risk By Lois Coatney, Chuck Walker and Joseph Yacura, ISG Directors www.isg-one.com INTRODUCTION A top
More informationSupply Chain Management Build Connections
Build Connections Enabling a business in manufacturing Building High-Value Connections with Partners and Suppliers Build Connections Is your supply chain responsive, adaptive, agile, and efficient? How
More informationImprove the Agility of Demand-Driven Supply Networks
GE Intelligent Platforms Improve the Agility of Demand-Driven Supply Networks Leverage real-time production data to optimize the supply chain for a sustainable competitive advantage Improve the Agility
More informationCSCMP Level One : Cornerstones of Supply Chain Management. Learning Blocks
CSCMP Level One : Cornerstones of Supply Chain Management Learning Blocks Level one training will consist of eight learning blocks: 1. Supply Chain Concepts 2. Demand Planning 3. Procurement and Supply
More informationStrategic Financial Supply Chain Management For Value Creation
Strategic Financial Supply Chain Management For Value Creation Mohammed Hanif Ajari Professor for Practice Institution of Business Administration Karachi A Bit of History: 1930 1950 Bank Robber Slick
More informationRetail Supply Chain Challenges. Increase Sales Decrease Costs Mitigate Risk
Retail Supply Chain Challenges Increase Sales Decrease Costs Mitigate Risk Retail Supply Chain Challenges Poor judgment and uninformed assumptions result in market miscues, setbacks, mediocre performance,
More informationCan JIT and Global Sourcing Strategies Coexist? How Cloud-Driven Supply Chain Visibility Reconciles Lean Manufacturing With Globalization
Can JIT and Global Sourcing Strategies Coexist? How Cloud-Driven Supply Chain Visibility Reconciles Lean Manufacturing With Globalization A GT Nexus White Paper Just-In-Time Is at Odds With Globalization
More informationSAMPLE QUESTIONS EXAM EXEMPLAR QUESTIONS. AD6 - Operations management in supply chains. Level 5 Advanced Diploma in Procurement and Supply
Level 5 Advanced Diploma in Procurement and Supply AD6 - Operations management in supply chains EXAM EXEMPLAR QUESTIONS QUESTIONS AND INDICATIVE ANSWER CONTENT Page 1 of 8 QUALIFICATIONS 2013 QUESTIONS
More informationB2B Integration and Collaboration: Strategies for Building a ROI Business Case
B2B Integration and Collaboration: Strategies for Building a ROI Business Aberdeen conducted a survey of over 191 supply chain executives (Chief Supply Chain Officer Survey, January 2011) where only 14%
More informationBEST PRACTICES IN TRADING PARTNER COMMUNITY DEVELOPMENT
INFINITE RETAIL POWER TM BEST PRACTICES IN TRADING PARTNER COMMUNITY DEVELOPMENT Trading partner community development, or enabling retailers to integrate data and business processes with their suppliers,
More informationSupply Chain development - a cornerstone for business success
Supply Chain development - a cornerstone for business success Agenda 1. Supply chain considerations 2. Benefits of a developed SCM strategy 3. Competitive advantage by using a LSP 4. CRM/SCM key to business
More informationRisk-Based Supply Chain Auditing
Risk-Based Supply Chain Auditing Supply chain audits of your suppliers, factories and global operations are an essential component to safeguarding your brand. Compliance with social responsibility, sustainability,
More informationWhite Paper THE FIVE STEPS TO MANAGING THIRD-PARTY RISK. By James Christiansen, VP, Information Risk Management
White Paper THE FIVE STEPS TO MANAGING THIRD-PARTY RISK By James Christiansen, VP, Information Management Executive Summary The Common Story of a Third-Party Data Breach It begins with a story in the newspaper.
More informationThe State of Inbound Freight
C THE VALUE OF A TMS AND LOGISTIC SERVICES FOR EFFECTIVE 10/8/2014 The Value of a TMS and Logistic Services for Effective Inbound Freight Management The State of Inbound Freight HOW BIG IS THE PROBLEM
More informationIntegrated Sales and Operations Business Planning for Chemicals
Solution in Detail Chemicals Executive Summary Contact Us Integrated Sales and Operations Business Planning for Chemicals Navigating Business Volatility Navigating Volatility Anticipating Change Optimizing
More informationCenzic Product Guide. Cloud, Mobile and Web Application Security
Cloud, Mobile and Web Application Security Table of Contents Cenzic Enterprise...3 Cenzic Desktop...3 Cenzic Managed Cloud...3 Cenzic Cloud...3 Cenzic Hybrid...3 Cenzic Mobile...4 Technology...4 Continuous
More informationAerospace Sector. Maintaining quality and reliability in the aerospace sector
Aerospace Sector Maintaining quality and reliability in the aerospace sector Global growth in the aerospace industry The aerospace industry continues to expand with record-breaking production levels and
More informationFour Reasons To Use A Marketing Asset Management Solution
Four Reasons To Use A Marketing Asset Management Solution Creativity. Execution. Results. Why Read this Paper? Prompted by growing demands from CEO s and CFO s, marketers have been working to improve the
More informationCustoms-Trade Partnership Against Terrorism (C-TPAT) Security Guidelines for Suppliers/Shippers
Customs-Trade Partnership Against Terrorism (C-TPAT) Security Guidelines for Suppliers/Shippers In support of Vectora's C-TPAT program implementation, these security requirements and guidelines are provided
More informationA 10-Minute Guide to Increasing Supply Chain Visibility
A 10-Minute Guide to Increasing Supply Chain Visibility 1 CONTENT MAKE THE CASE LEVEL 1 - VIEW THE INVENTORY LEVEL 2 - COLLABORATE SMARTER LEVEL 3 - TRACK & TRACE CONCLUSION 2 MAKE THE CASE It s imperative
More informationCOORDINATION IN THE SUPPLY CHAIN: VENDOR MANAGED INVENTORY IS THE WAY TO GO
www.sjm.tf.bor.ac.yu Serbian Journal of Management 1 (1) (2006) 41-47 Serbian Journal of Management COORDINATION IN THE SUPPLY CHAIN: VENDOR MANAGED INVENTORY IS THE WAY TO GO R. Piplani * Center for Supply
More informationHow to Cheat and Make Better Decisions with Predictive Analytics. Track 1 Session 3
How to Cheat and Make Better Decisions with Predictive Analytics Track 1 Session 3 Robert Heaney - Title: Lead Analyst, Supply Chain Management - Company: Aberdeen Group - Email : Bob.Heaney@Aberdeen.com
More informationNew Certified Company Program (NEEC) Reinforcing Supply Chain Security in Mexico NEEC Profile
New Certified Company Program (NEEC) Reinforcing Supply Chain Security in Mexico NEEC Profile October, 2012 Program Content Certified Company and New Certified Company Program (NEEC) Background General
More informationRedPrairie Transportation Management
RedPrairie Transportation Management All your global and local transport needs on one easy-to-use platform Whether your world involves orchestrating shipments across complex global supply and demand networks,
More informationCorporate Basel, 2015. Panalpina Security. "Adding value, while ensuring our customers' products are safe and secure"
Corporate Panalpina Security "Adding value, while ensuring our customers' products are safe and secure" 2 Corporate security mission & objective Panalpina Corporate Security has the primary goal to provide
More informationTransportation Management Systems
RESEARCH REPORT M AY 2 0 1 4 Transportation Management Systems More than 500 logistics and supply chain managers reveal the status of their current supply chain software and their future technology goals.
More informationSupporting the Perfect Order: Collaborative S&OP and VMI
Supporting the Perfect Order: Collaborative S&OP and VMI October 30, 2012 Frankfurt, Germany Gary Neights Director, Product Management The Multi-Echelon Supply Chain Plan Your Supplier s Suppliers Your
More informationCreating and Embedding a Customer Driven Supply Chain
To get there. Together. Creating and Embedding a Customer Driven Supply Chain Point of view Contents Creating and Embedding a Customer Driven Supply Chain 3 How to Embed a Customer Driven Supply Chain
More informationHarmonized Risk Scoring-Advance Trade Data Internal Audit Report
Harmonized Risk Scoring-Advance Trade Data Internal Audit Report March 2011 Table of Contents Executive Summary...2 1.0 Introduction...4 1.1 Background...... 4 1.2 Risk Assessment... 5 1.3 Audit Objective
More informationU.S. Customs and Border Protection (CBP) Management By Account Webinar
U.S. Customs and Border Protection (CBP) Management By Account Webinar Cynthia Whittenburg Director, Trade Facilitation and Administration Office of International Trade Steven R. Graham International Trade
More informationImproving sales effectiveness in the quote-to-cash process
IBM Software Industry Solutions Management Improving sales effectiveness in the quote-to-cash process Improving sales effectiveness in the quote-to-cash process Contents 2 Executive summary 2 Effective
More informationTransportation Management
Transportation Management A New Landscape November, 2008 Here s What Companies Are Facing Increasing business pressures that are mandating C-Level attention due to the implications on overall business
More informationGrow Your Business, Serve Customers Better and Save Costs with Logistics Analytics
TRANSPORTATION & LOGISTICS Grow Your Business, Serve Customers Better and Save Costs with Logistics Analytics Genpact The past few years have been challenging for manufacturers and distributors whose success
More informationLiner Cost Management
Liner Cost Management Solverminds Solutions & Technologies Pvt Ltd September 2015 1. Introduction Introduction Knowledge and information are the lifeblood of any organization. The effective use of this
More informationPartners in Protection / C-TPAT Supply Chain Security Questionnaire
Partners in Protection / C-TPAT Supply Chain Security Questionnaire Dear: Supply Trade Partner As you are aware there have been several changes in the transportation industry over the past few years. One
More informationReputation. Further excellence. business continuity. risk management. Data security
Reputation competitive advantage speed to market safety Further excellence trust Data security risk management business continuity HOW CAN YOU CREATE AND SECURE SUSTAINABLE BUSINESS? SOLUTIONS FOR MANAGING
More informationENTERPRISE MANAGEMENT AND SUPPORT IN THE INDUSTRIAL MACHINERY AND COMPONENTS INDUSTRY
ENTERPRISE MANAGEMENT AND SUPPORT IN THE INDUSTRIAL MACHINERY AND COMPONENTS INDUSTRY The Industrial Machinery and Components Industry Manufacturers in the industrial machinery and components (IM&C) industry
More informationAPL Logistics. Free Carrier (FCA): Improving Supply Chain Performance
APL Logistics Free Carrier (FCA): Improving Supply Chain Performance FCA: Improving Supply Chain Performance 2 FCA: An Introduction Free Carrier (FCA) is an internationally accepted trade term that assigns
More informationImproving Accounts Payable Processes to Deliver Bottom-Line Cost Savings
VISA COMMERCIAL SOLUTIONS visa accounts payable automation white paper Improving Accounts Payable Processes to Deliver Bottom-Line Cost Savings Author: Nick Marchetti, Senior Business Leader, Visa Inc.
More informationTrusted Traders Programs Overview
Trusted Traders Programs Overview Presentation to WCO Knowledge Academy for Customs and Trade July 4, 2014 1 Trusted Traders Programs Objective: To facilitate the movement of legitimate goods by providing
More informationHow To Be A Compliant Customs Organization
Managing Cross Border Regulations Global Customs GM is one of the world s largest manufacturers of passenger motors vehicles GM maintains a family of global brands including: Buick, Cadillac, Chevrolet,
More informationAPICS INSIGHTS AND INNOVATIONS SUPPLY CHAIN RISK CHALLENGES AND PRACTICES
APICS INSIGHTS AND INNOVATIONS SUPPLY CHAIN RISK CHALLENGES AND PRACTICES APICS INSIGHTS AND INNOVATIONS ABOUT THIS REPORT This report examines the role that supply chain risk management plays in organizations
More informationJuniper Networks CASE STUDY. Excellence with No Boundaries
CASE STUDY Juniper Networks Excellence with No Boundaries 10 Old Bloomfield Ave Pine Brook, NJ 07058 1.866.611.7874 973.808.3366 fax 973.227.1873 flashlogistics.com Situation Juniper Networks, Inc. is
More informationAutomating payment processes to deliver bottom line cost savings in a weak economy.
VISA COMMERCIAL SOLUTIONS payables automation white paper Automating payment processes to deliver bottom line cost savings in a weak economy. Author: Nicholas Marchetti, Senior Business Leader Commercial
More informationA Message for Warehouse Operators And Security Guidelines for Warehouse Operators
A Message for Warehouse Operators And Security Guidelines for Warehouse Operators Kingchem LLC is a participant in the Customs-Trade Partnership Against Terrorism (C-TPAT). C-TPAT is a voluntary joint
More informationLogistics / Supply Chain Management. Industry Overview and Statistical Profile
Logistics / Supply Chain Management Industry Overview and Statistical Profile September 2005 Background Productivity is about far more than old-fashioned concepts of a plant's unit-per-labour costs. As
More informationWAREHOUSE SECURITY BEST PRACTICE GUIDELINES CUSTOMS-TRADE PARTNERSHIP AGAINST TERRORISM
BACKGROUND WAREHOUSE SECURITY BEST PRACTICE GUIDELINES CUSTOMS-TRADE PARTNERSHIP AGAINST TERRORISM In the aftermath of September 11, U.S. Customs and Border Protection (CBP) in cooperation with its trade
More informationU.S. Food and Drug Administration Office of International Programs and International Offices
U.S. Food and Drug Administration Office of International Programs and International Offices Presenter: Nicole Taylor Smith, Assistant Country Director China Office, U.S. Food and Drug Administration March
More information