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TOP 7 SUPPLY CHAIN ELEMENTS FOR BUSINESS SUCCESS Waste in the supply chain. Inadequate inventory management. Poor forecast accuracy. These areas should be taken into account if you want your supply chain to support, rather than obstruct the general success of your business. A good amount of cost can be saved by improving, streamlining, and optimizing the supply chain. 5 WAYS TO BOOST PRODUCTIVITY IN YOUR SUPPLY CHAIN The success of your business is inextricably linked to the productivity of your supply chain. Productivity is a simple concept which is determined by the ratio of what you get out to what you put it. The ‘output versus input’ definition involves various factors such as performance of the workforce, use of equipment, manufacturingtime
WWW.SUPPLYCHAIN-ACADEMY.NETTRANSLATE THIS PAGE www.supplychain-academy.netSTAFF ARCHIVE
Jonathan Adams. 8 January 2016. Written by: webmaster. Categories: The founder of Consulting WP, he has been the captain of this ship from the beginning and has sailed it to the successful behemoth it is today. He is known in the industry to be one of the most successful CEO’s. He says he owes his success to his fantastic team. DIGITAL SUPPLY CHAIN WHITE PAPER End-to-end digitized supply chains will one day exist. It has taken generations, but information flow along supply chains is now faster—and richer—than ever before. HOW TO USE NEW TECHNOLOGIES TO ENCOURAGE SUPPLY CHAIN New technologies are now making things easier in the form of new software and applications which are meant to ease numerous tasks and at the same time encourage supply chain sustainability. Innovative training and development programs using modern tools for learning represent a great way to educate employees about supply chainsustainability
IMPROVING WAREHOUSE EFFICIENCY THROUGH TRAINING A productive warehouse relies heavily on several key aspects – proper shelving, proper storage, proper packaging, well-trained staff and reduced risk. The goal in any warehouse is to improve efficiency and reduce costs. Typically improving efficiency does reduce overall costs. A November 2012 survey found that distribution center managers understand that their warehouses aren’t entirely THE AMAZON EFFECT ON INVENTORY MANAGEMENT According to a recent JDA Software study, manufacturers are implementing new strategies to optimize inventory management, integrated planning and execution technologies to adapt to the “Amazon effect’’. The study found that of the 271 U.S.-based manufacturers surveyed, 51% are focusing on better “internal and external collaboration TOP COMPETENCIES NEEDED BY TODAY’S PROCUREMENT Top Competencies needed by today’s procurement professionals. The Deloitte Global CPO Survey 2016 revealed that some of the main concerns from leaders in the procurement industry were increasing risk levels and a general shortage of skills. Procurement professionals work with suppliers and distributors regularly and therefore need tobe able
LATEST TOPICS ARCHIVES Key ways to tackle the Supply Chain effectively in 2020. 5 February 2020. Written by: Supply Chain. Categories: eLearning, Latest Topics.read more.
TOP 7 SUPPLY CHAIN ELEMENTS FOR BUSINESS SUCCESS Waste in the supply chain. Inadequate inventory management. Poor forecast accuracy. These areas should be taken into account if you want your supply chain to support, rather than obstruct the general success of your business. A good amount of cost can be saved by improving, streamlining, and optimizing the supply chain. 5 WAYS TO BOOST PRODUCTIVITY IN YOUR SUPPLY CHAIN The success of your business is inextricably linked to the productivity of your supply chain. Productivity is a simple concept which is determined by the ratio of what you get out to what you put it. The ‘output versus input’ definition involves various factors such as performance of the workforce, use of equipment, manufacturingtime
WWW.SUPPLYCHAIN-ACADEMY.NETTRANSLATE THIS PAGE www.supplychain-academy.netSTAFF ARCHIVE
Jonathan Adams. 8 January 2016. Written by: webmaster. Categories: The founder of Consulting WP, he has been the captain of this ship from the beginning and has sailed it to the successful behemoth it is today. He is known in the industry to be one of the most successful CEO’s. He says he owes his success to his fantastic team. DIGITAL SUPPLY CHAIN WHITE PAPER End-to-end digitized supply chains will one day exist. It has taken generations, but information flow along supply chains is now faster—and richer—than ever before. HOW TO USE NEW TECHNOLOGIES TO ENCOURAGE SUPPLY CHAIN New technologies are now making things easier in the form of new software and applications which are meant to ease numerous tasks and at the same time encourage supply chain sustainability. Innovative training and development programs using modern tools for learning represent a great way to educate employees about supply chainsustainability
IMPROVING WAREHOUSE EFFICIENCY THROUGH TRAINING A productive warehouse relies heavily on several key aspects – proper shelving, proper storage, proper packaging, well-trained staff and reduced risk. The goal in any warehouse is to improve efficiency and reduce costs. Typically improving efficiency does reduce overall costs. A November 2012 survey found that distribution center managers understand that their warehouses aren’t entirely THE AMAZON EFFECT ON INVENTORY MANAGEMENT According to a recent JDA Software study, manufacturers are implementing new strategies to optimize inventory management, integrated planning and execution technologies to adapt to the “Amazon effect’’. The study found that of the 271 U.S.-based manufacturers surveyed, 51% are focusing on better “internal and external collaboration TOP COMPETENCIES NEEDED BY TODAY’S PROCUREMENT Top Competencies needed by today’s procurement professionals. The Deloitte Global CPO Survey 2016 revealed that some of the main concerns from leaders in the procurement industry were increasing risk levels and a general shortage of skills. Procurement professionals work with suppliers and distributors regularly and therefore need tobe able
ELEARNING ARCHIVES
The Chartered Institute of Logistics and Transport has Officially Endorsed Supply Chain Academy’s Online Courses. 5 November 2020. Written by: Hope Heller. Category: eLearning. 5 STEPS TO INITIATE SUPPLY CHAIN TRANSPARENCY Here are the five steps to get started: Set the scope and targets. Firstly, it is important to have a honest assessment of your current visibility. Find out everything about all your suppliers. Having a baseline survey of your purchasing data will inform the scope and the targets for a phased roll-out of supply chain transparency. WWW.SUPPLYCHAIN-ACADEMY.NETTRANSLATE THIS PAGE www.supplychain-academy.net DOES SUPPLY CHAIN AUTOMATION MEAN THAT HUMAN JOBS ARE AT The Fourth Industrial Revolution consists of emerging technologies such as artificial intelligence, the Internet of Things (IoT), self-driving vehicles, renewable energy, and biotechnology to name a few. Those disruptive technologies have a great impact on the corporate world, mainly the Supply Chain.. According to a report by Frost & Sullivan, shipments of mobile robotics will rise from 4 DIGITALISED SUPPLY CHAINS: BUILDING THE FUTURE ONE STEP AT Page 1 Dgae a ea 2021 a Acaey Digitalised Supply Chains: Building the Future One Step at a Time February 2021 www.supplychain-academy.net Professor Omera Khan HOW TO MANAGE YOUR REMOTE TEAM SUCCESSFULLY WHILE SOCIAL Encourage optimism and eliminate fear. Optimism is what will keep the team going. Demonstrating hopefulness and confidence will surely help employees find purpose in their work especially under stressful conditions. Adding some humor from time to time to keep the remote team engaged will also help greatly. It is a good time to encourageyour
DIGITAL SUPPLY CHAIN WHITE PAPER End-to-end digitized supply chains will one day exist. It has taken generations, but information flow along supply chains is now faster—and richer—than ever before. HOW TO ACHIEVE A SUSTAINABLE COST REDUCTION IN PROCUREMENT Before making any improvement, there is a need for awareness, analysis, acceptance and acknowledgement for the desire to change and take actions. This post describes five ways to achieve a sustainable cost reduction in procurement so as to induce a significant increase in revenue: Conduct a Spend Analysis. A good way to start cutting costis by
SRM TRAINING ARCHIVES SRM Training: Are you maintaining a lasting relationship with your suppliers? 20 February 2017. Written by: sales-academy. Category:E-Learning.
HOW TRAINING CAN HELP RETAIN EMPLOYEES Employee training is one of the few exercises most companies/businesses conduct to improve employee and business performance. Training employees enables/empowers them to be able to perform diligently even in tasks they doubted they could when joining the company or business. Although most companies train their employees with the main aim of improving performance and reliability, LATEST TOPICS ARCHIVES Key ways to tackle the Supply Chain effectively in 2020. 5 February 2020. Written by: Supply Chain. Categories: eLearning, Latest Topics.read more.
TOP 7 SUPPLY CHAIN ELEMENTS FOR BUSINESS SUCCESS Waste in the supply chain. Inadequate inventory management. Poor forecast accuracy. These areas should be taken into account if you want your supply chain to support, rather than obstruct the general success of your business. A good amount of cost can be saved by improving, streamlining, and optimizing the supply chain. 5 WAYS TO BOOST PRODUCTIVITY IN YOUR SUPPLY CHAIN The success of your business is inextricably linked to the productivity of your supply chain. Productivity is a simple concept which is determined by the ratio of what you get out to what you put it. The ‘output versus input’ definition involves various factors such as performance of the workforce, use of equipment, manufacturingtime
WWW.SUPPLYCHAIN-ACADEMY.NETTRANSLATE THIS PAGE www.supplychain-academy.netSTAFF ARCHIVE
Jonathan Adams. 8 January 2016. Written by: webmaster. Categories: The founder of Consulting WP, he has been the captain of this ship from the beginning and has sailed it to the successful behemoth it is today. He is known in the industry to be one of the most successful CEO’s. He says he owes his success to his fantastic team. DIGITAL SUPPLY CHAIN WHITE PAPER End-to-end digitized supply chains will one day exist. It has taken generations, but information flow along supply chains is now faster—and richer—than ever before. HOW TO USE NEW TECHNOLOGIES TO ENCOURAGE SUPPLY CHAIN New technologies are now making things easier in the form of new software and applications which are meant to ease numerous tasks and at the same time encourage supply chain sustainability. Innovative training and development programs using modern tools for learning represent a great way to educate employees about supply chainsustainability
IMPROVING WAREHOUSE EFFICIENCY THROUGH TRAINING A productive warehouse relies heavily on several key aspects – proper shelving, proper storage, proper packaging, well-trained staff and reduced risk. The goal in any warehouse is to improve efficiency and reduce costs. Typically improving efficiency does reduce overall costs. A November 2012 survey found that distribution center managers understand that their warehouses aren’t entirely THE AMAZON EFFECT ON INVENTORY MANAGEMENT According to a recent JDA Software study, manufacturers are implementing new strategies to optimize inventory management, integrated planning and execution technologies to adapt to the “Amazon effect’’. The study found that of the 271 U.S.-based manufacturers surveyed, 51% are focusing on better “internal and external collaboration TOP COMPETENCIES NEEDED BY TODAY’S PROCUREMENT Top Competencies needed by today’s procurement professionals. The Deloitte Global CPO Survey 2016 revealed that some of the main concerns from leaders in the procurement industry were increasing risk levels and a general shortage of skills. Procurement professionals work with suppliers and distributors regularly and therefore need tobe able
LATEST TOPICS ARCHIVES Key ways to tackle the Supply Chain effectively in 2020. 5 February 2020. Written by: Supply Chain. Categories: eLearning, Latest Topics.read more.
TOP 7 SUPPLY CHAIN ELEMENTS FOR BUSINESS SUCCESS Waste in the supply chain. Inadequate inventory management. Poor forecast accuracy. These areas should be taken into account if you want your supply chain to support, rather than obstruct the general success of your business. A good amount of cost can be saved by improving, streamlining, and optimizing the supply chain. 5 WAYS TO BOOST PRODUCTIVITY IN YOUR SUPPLY CHAIN The success of your business is inextricably linked to the productivity of your supply chain. Productivity is a simple concept which is determined by the ratio of what you get out to what you put it. The ‘output versus input’ definition involves various factors such as performance of the workforce, use of equipment, manufacturingtime
WWW.SUPPLYCHAIN-ACADEMY.NETTRANSLATE THIS PAGE www.supplychain-academy.netSTAFF ARCHIVE
Jonathan Adams. 8 January 2016. Written by: webmaster. Categories: The founder of Consulting WP, he has been the captain of this ship from the beginning and has sailed it to the successful behemoth it is today. He is known in the industry to be one of the most successful CEO’s. He says he owes his success to his fantastic team. DIGITAL SUPPLY CHAIN WHITE PAPER End-to-end digitized supply chains will one day exist. It has taken generations, but information flow along supply chains is now faster—and richer—than ever before. HOW TO USE NEW TECHNOLOGIES TO ENCOURAGE SUPPLY CHAIN New technologies are now making things easier in the form of new software and applications which are meant to ease numerous tasks and at the same time encourage supply chain sustainability. Innovative training and development programs using modern tools for learning represent a great way to educate employees about supply chainsustainability
IMPROVING WAREHOUSE EFFICIENCY THROUGH TRAINING A productive warehouse relies heavily on several key aspects – proper shelving, proper storage, proper packaging, well-trained staff and reduced risk. The goal in any warehouse is to improve efficiency and reduce costs. Typically improving efficiency does reduce overall costs. A November 2012 survey found that distribution center managers understand that their warehouses aren’t entirely THE AMAZON EFFECT ON INVENTORY MANAGEMENT According to a recent JDA Software study, manufacturers are implementing new strategies to optimize inventory management, integrated planning and execution technologies to adapt to the “Amazon effect’’. The study found that of the 271 U.S.-based manufacturers surveyed, 51% are focusing on better “internal and external collaboration TOP COMPETENCIES NEEDED BY TODAY’S PROCUREMENT Top Competencies needed by today’s procurement professionals. The Deloitte Global CPO Survey 2016 revealed that some of the main concerns from leaders in the procurement industry were increasing risk levels and a general shortage of skills. Procurement professionals work with suppliers and distributors regularly and therefore need tobe able
ELEARNING ARCHIVES
The Chartered Institute of Logistics and Transport has Officially Endorsed Supply Chain Academy’s Online Courses. 5 November 2020. Written by: Hope Heller. Category: eLearning. 5 STEPS TO INITIATE SUPPLY CHAIN TRANSPARENCY Here are the five steps to get started: Set the scope and targets. Firstly, it is important to have a honest assessment of your current visibility. Find out everything about all your suppliers. Having a baseline survey of your purchasing data will inform the scope and the targets for a phased roll-out of supply chain transparency. WWW.SUPPLYCHAIN-ACADEMY.NETTRANSLATE THIS PAGE www.supplychain-academy.net DOES SUPPLY CHAIN AUTOMATION MEAN THAT HUMAN JOBS ARE AT The Fourth Industrial Revolution consists of emerging technologies such as artificial intelligence, the Internet of Things (IoT), self-driving vehicles, renewable energy, and biotechnology to name a few. Those disruptive technologies have a great impact on the corporate world, mainly the Supply Chain.. According to a report by Frost & Sullivan, shipments of mobile robotics will rise from 4 DIGITALISED SUPPLY CHAINS: BUILDING THE FUTURE ONE STEP AT Page 1 Dgae a ea 2021 a Acaey Digitalised Supply Chains: Building the Future One Step at a Time February 2021 www.supplychain-academy.net Professor Omera Khan HOW TO MANAGE YOUR REMOTE TEAM SUCCESSFULLY WHILE SOCIAL Encourage optimism and eliminate fear. Optimism is what will keep the team going. Demonstrating hopefulness and confidence will surely help employees find purpose in their work especially under stressful conditions. Adding some humor from time to time to keep the remote team engaged will also help greatly. It is a good time to encourageyour
DIGITAL SUPPLY CHAIN WHITE PAPER End-to-end digitized supply chains will one day exist. It has taken generations, but information flow along supply chains is now faster—and richer—than ever before. HOW TO ACHIEVE A SUSTAINABLE COST REDUCTION IN PROCUREMENT Before making any improvement, there is a need for awareness, analysis, acceptance and acknowledgement for the desire to change and take actions. This post describes five ways to achieve a sustainable cost reduction in procurement so as to induce a significant increase in revenue: Conduct a Spend Analysis. A good way to start cutting costis by
SRM TRAINING ARCHIVES SRM Training: Are you maintaining a lasting relationship with your suppliers? 20 February 2017. Written by: sales-academy. Category:E-Learning.
HOW TRAINING CAN HELP RETAIN EMPLOYEES Employee training is one of the few exercises most companies/businesses conduct to improve employee and business performance. Training employees enables/empowers them to be able to perform diligently even in tasks they doubted they could when joining the company or business. Although most companies train their employees with the main aim of improving performance and reliability, TOP 7 SUPPLY CHAIN ELEMENTS FOR BUSINESS SUCCESS Waste in the supply chain. Inadequate inventory management. Poor forecast accuracy. These areas should be taken into account if you want your supply chain to support, rather than obstruct the general success of your business. A good amount of cost can be saved by improving, streamlining, and optimizing the supply chain. LATEST TOPICS ARCHIVES Key ways to tackle the Supply Chain effectively in 2020. 5 February 2020. Written by: Supply Chain. Categories: eLearning, Latest Topics.read more.
5 WAYS TO BOOST PRODUCTIVITY IN YOUR SUPPLY CHAIN The success of your business is inextricably linked to the productivity of your supply chain. Productivity is a simple concept which is determined by the ratio of what you get out to what you put it. The ‘output versus input’ definition involves various factors such as performance of the workforce, use of equipment, manufacturingtime
HOW TO USE NEW TECHNOLOGIES TO ENCOURAGE SUPPLY CHAIN New technologies are now making things easier in the form of new software and applications which are meant to ease numerous tasks and at the same time encourage supply chain sustainability. Innovative training and development programs using modern tools for learning represent a great way to educate employees about supply chainsustainability
IMPROVING WAREHOUSE EFFICIENCY THROUGH TRAINING A productive warehouse relies heavily on several key aspects – proper shelving, proper storage, proper packaging, well-trained staff and reduced risk. The goal in any warehouse is to improve efficiency and reduce costs. Typically improving efficiency does reduce overall costs. A November 2012 survey found that distribution center managers understand that their warehouses aren’t entirely HOW ARE TOP FORTUNE 500 COMPANIES USING ELEARNING TO BOOSTSEE MORE ON SUPPLYCHAIN-ACADEMY.NET DOES SUPPLY CHAIN AUTOMATION MEAN THAT HUMAN JOBS ARE AT The Fourth Industrial Revolution consists of emerging technologies such as artificial intelligence, the Internet of Things (IoT), self-driving vehicles, renewable energy, and biotechnology to name a few. Those disruptive technologies have a great impact on the corporate world, mainly the Supply Chain.. According to a report by Frost & Sullivan, shipments of mobile robotics will rise from 4 HOW TO ACHIEVE A SUSTAINABLE COST REDUCTION IN PROCUREMENT Before making any improvement, there is a need for awareness, analysis, acceptance and acknowledgement for the desire to change and take actions. This post describes five ways to achieve a sustainable cost reduction in procurement so as to induce a significant increase in revenue: Conduct a Spend Analysis. A good way to start cutting costis by
THE AMAZON EFFECT ON INVENTORY MANAGEMENT According to a recent JDA Software study, manufacturers are implementing new strategies to optimize inventory management, integrated planning and execution technologies to adapt to the “Amazon effect’’. The study found that of the 271 U.S.-based manufacturers surveyed, 51% are focusing on better “internal and external collaboration SRM TRAINING ARCHIVES SRM Training: Are you maintaining a lasting relationship with your suppliers? 20 February 2017. Written by: sales-academy. Category:E-Learning.
TOP 7 SUPPLY CHAIN ELEMENTS FOR BUSINESS SUCCESS Waste in the supply chain. Inadequate inventory management. Poor forecast accuracy. These areas should be taken into account if you want your supply chain to support, rather than obstruct the general success of your business. A good amount of cost can be saved by improving, streamlining, and optimizing the supply chain. LATEST TOPICS ARCHIVES Key ways to tackle the Supply Chain effectively in 2020. 5 February 2020. Written by: Supply Chain. Categories: eLearning, Latest Topics.read more.
5 WAYS TO BOOST PRODUCTIVITY IN YOUR SUPPLY CHAIN The success of your business is inextricably linked to the productivity of your supply chain. Productivity is a simple concept which is determined by the ratio of what you get out to what you put it. The ‘output versus input’ definition involves various factors such as performance of the workforce, use of equipment, manufacturingtime
HOW TO USE NEW TECHNOLOGIES TO ENCOURAGE SUPPLY CHAIN New technologies are now making things easier in the form of new software and applications which are meant to ease numerous tasks and at the same time encourage supply chain sustainability. Innovative training and development programs using modern tools for learning represent a great way to educate employees about supply chainsustainability
IMPROVING WAREHOUSE EFFICIENCY THROUGH TRAINING A productive warehouse relies heavily on several key aspects – proper shelving, proper storage, proper packaging, well-trained staff and reduced risk. The goal in any warehouse is to improve efficiency and reduce costs. Typically improving efficiency does reduce overall costs. A November 2012 survey found that distribution center managers understand that their warehouses aren’t entirely HOW ARE TOP FORTUNE 500 COMPANIES USING ELEARNING TO BOOSTSEE MORE ON SUPPLYCHAIN-ACADEMY.NET DOES SUPPLY CHAIN AUTOMATION MEAN THAT HUMAN JOBS ARE AT The Fourth Industrial Revolution consists of emerging technologies such as artificial intelligence, the Internet of Things (IoT), self-driving vehicles, renewable energy, and biotechnology to name a few. Those disruptive technologies have a great impact on the corporate world, mainly the Supply Chain.. According to a report by Frost & Sullivan, shipments of mobile robotics will rise from 4 HOW TO ACHIEVE A SUSTAINABLE COST REDUCTION IN PROCUREMENT Before making any improvement, there is a need for awareness, analysis, acceptance and acknowledgement for the desire to change and take actions. This post describes five ways to achieve a sustainable cost reduction in procurement so as to induce a significant increase in revenue: Conduct a Spend Analysis. A good way to start cutting costis by
THE AMAZON EFFECT ON INVENTORY MANAGEMENT According to a recent JDA Software study, manufacturers are implementing new strategies to optimize inventory management, integrated planning and execution technologies to adapt to the “Amazon effect’’. The study found that of the 271 U.S.-based manufacturers surveyed, 51% are focusing on better “internal and external collaboration SRM TRAINING ARCHIVES SRM Training: Are you maintaining a lasting relationship with your suppliers? 20 February 2017. Written by: sales-academy. Category:E-Learning.
LATEST TOPICS ARCHIVES Key ways to tackle the Supply Chain effectively in 2020. 5 February 2020. Written by: Supply Chain. Categories: eLearning, Latest Topics.read more.
ELEARNING ARCHIVES
The Chartered Institute of Logistics and Transport has Officially Endorsed Supply Chain Academy’s Online Courses. 5 November 2020. Written by: Hope Heller. Category: eLearning. DOES SUPPLY CHAIN AUTOMATION MEAN THAT HUMAN JOBS ARE AT The Fourth Industrial Revolution consists of emerging technologies such as artificial intelligence, the Internet of Things (IoT), self-driving vehicles, renewable energy, and biotechnology to name a few. Those disruptive technologies have a great impact on the corporate world, mainly the Supply Chain.. According to a report by Frost & Sullivan, shipments of mobile robotics will rise from 4 HOW TO MANAGE YOUR REMOTE TEAM SUCCESSFULLY WHILE SOCIAL Encourage optimism and eliminate fear. Optimism is what will keep the team going. Demonstrating hopefulness and confidence will surely help employees find purpose in their work especially under stressful conditions. Adding some humor from time to time to keep the remote team engaged will also help greatly. It is a good time to encourageyour
HOW READY IS YOUR ORGANIZATION FOR DISRUPTIVE SUPPLY CHAIN Technology has always been a major concern in Supply Chain. Today’s growing explosion of data on everything, from material flows to customer preferences, has quickly changed the way organizations do business. This is leading to a pressing need for enhanced data management, analytics and talent. The way organizations use data is altering the manner in ARE YOUR STAKEHOLDERS YOUR ADVOCATES? It is called by many terms – “internal consultant”, “business partner”, “having a seat at the table”, but the ultimate goal of Procurement professionals is early involvement and influence in sourcing decisions based on trust and competence. Listed below are some approaches that I’ve found to be effective across multiple industries around the globe: 5 TIPS TO BOOST EMPLOYEE ENGAGEMENT THROUGH TRAINING Are your employees reaching their full potential at work? If not, the main cause could be a lack of employee engagement. Employee engagement is all about having a committed workforce which can derive job satisfaction from what they do in the company. According to a worldwide study by Gallup, only 13% of employees are engaged INVENTORY CONTROL TRAINING AS A SOURCE OF SUSTAINABLE The success of products and services in today’s global marketplace depends on the supply chain capabilities of global corporations. Among these capabilities, an effective inventory control system is required to maintain a sustainable competitive advantage and stay ahead of competition. To increase profitability, companies have to focus on driving forces which generate sales. However, if PROVEN METHODS FOR ACHIEVING EMPLOYEE SATISFACTION Recent research has revealed that 55.6% of workers in the UK are currently unhappy with their jobs. While this may not surprise most people, what is shocking is a 2017 Express report showing that “UK workers have one of the lowest levels of job satisfaction in the world.” Although it may be easy for employers to ignore statistics like these, it is important that they take notice. HOW TO BOOST CUSTOMER LOYALTY USING BIG DATA ANALYTICS? The report further discovered that although the primary area for use of analytics was to improve customer loyalty (58%), the least adopted customer analytics practices were using data for insights (38%) and using social media to determine customer sentiment (35%). It is essential for businesses to retain their customers at all costs. TOP 7 SUPPLY CHAIN ELEMENTS FOR BUSINESS SUCCESS Waste in the supply chain. Inadequate inventory management. Poor forecast accuracy. These areas should be taken into account if you want your supply chain to support, rather than obstruct the general success of your business. A good amount of cost can be saved by improving, streamlining, and optimizing the supply chain. LATEST TOPICS ARCHIVES Key ways to tackle the Supply Chain effectively in 2020. 5 February 2020. Written by: Supply Chain. Categories: eLearning, Latest Topics.read more.
5 WAYS TO BOOST PRODUCTIVITY IN YOUR SUPPLY CHAIN The success of your business is inextricably linked to the productivity of your supply chain. Productivity is a simple concept which is determined by the ratio of what you get out to what you put it. The ‘output versus input’ definition involves various factors such as performance of the workforce, use of equipment, manufacturingtime
HOW TO USE NEW TECHNOLOGIES TO ENCOURAGE SUPPLY CHAIN New technologies are now making things easier in the form of new software and applications which are meant to ease numerous tasks and at the same time encourage supply chain sustainability. Innovative training and development programs using modern tools for learning represent a great way to educate employees about supply chainsustainability
IMPROVING WAREHOUSE EFFICIENCY THROUGH TRAINING A productive warehouse relies heavily on several key aspects – proper shelving, proper storage, proper packaging, well-trained staff and reduced risk. The goal in any warehouse is to improve efficiency and reduce costs. Typically improving efficiency does reduce overall costs. A November 2012 survey found that distribution center managers understand that their warehouses aren’t entirely HOW ARE TOP FORTUNE 500 COMPANIES USING ELEARNING TO BOOSTSEE MORE ON SUPPLYCHAIN-ACADEMY.NET DOES SUPPLY CHAIN AUTOMATION MEAN THAT HUMAN JOBS ARE AT The Fourth Industrial Revolution consists of emerging technologies such as artificial intelligence, the Internet of Things (IoT), self-driving vehicles, renewable energy, and biotechnology to name a few. Those disruptive technologies have a great impact on the corporate world, mainly the Supply Chain.. According to a report by Frost & Sullivan, shipments of mobile robotics will rise from 4 HOW TO ACHIEVE A SUSTAINABLE COST REDUCTION IN PROCUREMENT Before making any improvement, there is a need for awareness, analysis, acceptance and acknowledgement for the desire to change and take actions. This post describes five ways to achieve a sustainable cost reduction in procurement so as to induce a significant increase in revenue: Conduct a Spend Analysis. A good way to start cutting costis by
THE AMAZON EFFECT ON INVENTORY MANAGEMENT According to a recent JDA Software study, manufacturers are implementing new strategies to optimize inventory management, integrated planning and execution technologies to adapt to the “Amazon effect’’. The study found that of the 271 U.S.-based manufacturers surveyed, 51% are focusing on better “internal and external collaboration SRM TRAINING ARCHIVES SRM Training: Are you maintaining a lasting relationship with your suppliers? 20 February 2017. Written by: sales-academy. Category:E-Learning.
TOP 7 SUPPLY CHAIN ELEMENTS FOR BUSINESS SUCCESS Waste in the supply chain. Inadequate inventory management. Poor forecast accuracy. These areas should be taken into account if you want your supply chain to support, rather than obstruct the general success of your business. A good amount of cost can be saved by improving, streamlining, and optimizing the supply chain. LATEST TOPICS ARCHIVES Key ways to tackle the Supply Chain effectively in 2020. 5 February 2020. Written by: Supply Chain. Categories: eLearning, Latest Topics.read more.
5 WAYS TO BOOST PRODUCTIVITY IN YOUR SUPPLY CHAIN The success of your business is inextricably linked to the productivity of your supply chain. Productivity is a simple concept which is determined by the ratio of what you get out to what you put it. The ‘output versus input’ definition involves various factors such as performance of the workforce, use of equipment, manufacturingtime
HOW TO USE NEW TECHNOLOGIES TO ENCOURAGE SUPPLY CHAIN New technologies are now making things easier in the form of new software and applications which are meant to ease numerous tasks and at the same time encourage supply chain sustainability. Innovative training and development programs using modern tools for learning represent a great way to educate employees about supply chainsustainability
IMPROVING WAREHOUSE EFFICIENCY THROUGH TRAINING A productive warehouse relies heavily on several key aspects – proper shelving, proper storage, proper packaging, well-trained staff and reduced risk. The goal in any warehouse is to improve efficiency and reduce costs. Typically improving efficiency does reduce overall costs. A November 2012 survey found that distribution center managers understand that their warehouses aren’t entirely HOW ARE TOP FORTUNE 500 COMPANIES USING ELEARNING TO BOOSTSEE MORE ON SUPPLYCHAIN-ACADEMY.NET DOES SUPPLY CHAIN AUTOMATION MEAN THAT HUMAN JOBS ARE AT The Fourth Industrial Revolution consists of emerging technologies such as artificial intelligence, the Internet of Things (IoT), self-driving vehicles, renewable energy, and biotechnology to name a few. Those disruptive technologies have a great impact on the corporate world, mainly the Supply Chain.. According to a report by Frost & Sullivan, shipments of mobile robotics will rise from 4 HOW TO ACHIEVE A SUSTAINABLE COST REDUCTION IN PROCUREMENT Before making any improvement, there is a need for awareness, analysis, acceptance and acknowledgement for the desire to change and take actions. This post describes five ways to achieve a sustainable cost reduction in procurement so as to induce a significant increase in revenue: Conduct a Spend Analysis. A good way to start cutting costis by
THE AMAZON EFFECT ON INVENTORY MANAGEMENT According to a recent JDA Software study, manufacturers are implementing new strategies to optimize inventory management, integrated planning and execution technologies to adapt to the “Amazon effect’’. The study found that of the 271 U.S.-based manufacturers surveyed, 51% are focusing on better “internal and external collaboration SRM TRAINING ARCHIVES SRM Training: Are you maintaining a lasting relationship with your suppliers? 20 February 2017. Written by: sales-academy. Category:E-Learning.
LATEST TOPICS ARCHIVES Key ways to tackle the Supply Chain effectively in 2020. 5 February 2020. Written by: Supply Chain. Categories: eLearning, Latest Topics.read more.
ELEARNING ARCHIVES
The Chartered Institute of Logistics and Transport has Officially Endorsed Supply Chain Academy’s Online Courses. 5 November 2020. Written by: Hope Heller. Category: eLearning. DOES SUPPLY CHAIN AUTOMATION MEAN THAT HUMAN JOBS ARE AT The Fourth Industrial Revolution consists of emerging technologies such as artificial intelligence, the Internet of Things (IoT), self-driving vehicles, renewable energy, and biotechnology to name a few. Those disruptive technologies have a great impact on the corporate world, mainly the Supply Chain.. According to a report by Frost & Sullivan, shipments of mobile robotics will rise from 4 DEMAND FORECASTING: THE KEY TO A MORE EFFECTIVE SUPPLY Demand forecasting can be described as a systematic process that includes anticipating the demand for the product and services of an organization in future under a set of uncontrollable and competitive forces. It examines the amount of product your HOW TO MANAGE YOUR REMOTE TEAM SUCCESSFULLY WHILE SOCIAL Encourage optimism and eliminate fear. Optimism is what will keep the team going. Demonstrating hopefulness and confidence will surely help employees find purpose in their work especially under stressful conditions. Adding some humor from time to time to keep the remote team engaged will also help greatly. It is a good time to encourageyour
ARE YOUR STAKEHOLDERS YOUR ADVOCATES? It is called by many terms – “internal consultant”, “business partner”, “having a seat at the table”, but the ultimate goal of Procurement professionals is early involvement and influence in sourcing decisions based on trust and competence. Listed below are some approaches that I’ve found to be effective across multiple industries around the globe: HOW READY IS YOUR ORGANIZATION FOR DISRUPTIVE SUPPLY CHAIN Technology has always been a major concern in Supply Chain. Today’s growing explosion of data on everything, from material flows to customer preferences, has quickly changed the way organizations do business. This is leading to a pressing need for enhanced data management, analytics and talent. The way organizations use data is altering the manner in 5 TIPS TO BOOST EMPLOYEE ENGAGEMENT THROUGH TRAINING Are your employees reaching their full potential at work? If not, the main cause could be a lack of employee engagement. Employee engagement is all about having a committed workforce which can derive job satisfaction from what they do in the company. According to a worldwide study by Gallup, only 13% of employees are engaged INVENTORY CONTROL TRAINING AS A SOURCE OF SUSTAINABLE The success of products and services in today’s global marketplace depends on the supply chain capabilities of global corporations. Among these capabilities, an effective inventory control system is required to maintain a sustainable competitive advantage and stay ahead of competition. To increase profitability, companies have to focus on driving forces which generate sales. However, if HOW TO BOOST CUSTOMER LOYALTY USING BIG DATA ANALYTICS? The report further discovered that although the primary area for use of analytics was to improve customer loyalty (58%), the least adopted customer analytics practices were using data for insights (38%) and using social media to determine customer sentiment (35%). It is essential for businesses to retain their customers at all costs.* Your Academy
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* Digital Supply Chain * Route to Zero Carbon__
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* Digital Supply Chain * Route to Zero Carbon TRAIN YOURSELF TO DEFEAT THE BULLWHIP EFFECT IN A VIRTUAL SUPPLY CHAINSIMULATION
Every year, the bullwhip effect causes companies around the world to lose millions of dollars because of excess inventory and lost sales opportunities. The Beer Game helps you learn how to defeat the bullwhip effect in the safe environment of a virtual simulation. The game educates players in preventing excess inventory and losing sales when they encounter the bullwhip effect in real life! HOW TO PLAY THE BEER GAME Our Beer Game is a virtual simulation that closely mimics the original Beer distribution game developed by MIT Professor Jay Forrester in the 1960s. This original game was created to illustrate the dynamics of Supply Chains. Like the original, the game has four players – the beer retailer, the wholesaler, the distributor, and the manufacturer. The game lasts up to an hour and simulates a maximum of 52 consecutive weeks in the life of the beer distribution supply chain. The game is available in single-player and multiplayer formats. In the single-player format, you play the role of the distributor, with the other three roles played by AI bots. In the multi-player format, between one and four players can play. If there are less than four human players, the remaining slots are taken up by AI bots. Each week, the retailer places an order to wholesaler and receives previously ordered beer from the wholesaler. The wholesaler does the same with the distributor and the distributor with the manufacturer. Regardless of which role you play, your goal is to avoid running out of beer stock, while keeping inventory costs down. You must also try to bring the supply chain to equilibrium as quickly as possible. Equilibrium is achieved when each player reaches the target stock level and is ordering the same amount of beer each week, for fourconsecutive weeks.
THE BULLWHIP EFFECT
Although the beer game was developed in the 1960s, the terms ‘Bullwhip effect’ was first coined by Procter & Gamble in 1990, to describe the phenomenon we observe in the beer game. Procter & Gamble noticed that the orders for diapers they received from distributors and wholesalers fluctuate a lot, even when the demand for diapers from babies hardly changed at all. When you play the Beer Game, you are likely to experience something very similar!Play Demo
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