Analyst Insight: In July 2013, Mary Driscoll of APQC had an interesting headline in the Harvard Business Review Blog — "Why are Companies Continually Getting Blind-sided by Risk?" Their risk management survey highlighted that 75 percent of respondents stated they were hit by at least one major supply chain disruption over the past two years. Another key finding: people at the front lines of business were hamstrung by lack of resources for visibility needed to adequately assess their supply chain risk. – Gregory L. Schlegel, Founder, The Supply Chain Risk Management Consortium, and Adjunct Professor, Supply Chain Risk Management, Lehigh University
The definition of transportation management systems (TMS) continues to evolve. In the early days of TMS solutions, the primary goal was to manage truck-based freight. Over time, point solutions were developed to support particular modes for particular industries such as ocean and airfreight.
Fast and innovative: that's the image conveyed by the air cargo industry. So why is it lagging so badly when it comes to automating documentation and standardizing key procedures?
Analyst Insight: The true value of supplier relationship management is not what you think. It isn't just about managing a bi-directional relationship between the buyer and supplier – it's about managing the extended supply network (customers' customers and suppliers' suppliers). In today's business, the best network of relationships achieves optimal results; thus, managing the supplier relationship is not only critical to success, it's mandatory if full value is to be extracted for both the buyer and the supplier. – Mickey North Rizza, BravoSolution
The latest supply-chain news, analysis, trends and tools for executives in the food and beverage industries. Learn how food and beverage companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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