SCM Insights · Technology Advanced analytics: from data-driven to outcome-driven analytics The obsession to know the futureHuman beings have been and always will be obsessed with knowing the future with the wonder that if they know what will happen they can make better decisions and achieve better results.In business, the obsession is the same. In the last 15 years of my working experience, I have seen, participated in, and delivered work on contributing to forecast modeling and analytics. What I learned is that as soon as the prediction is out, it is by definition not the truth nor the reality of the future, but rather an estimation of what will or might happen. Whatever the method, a prediction is just a prediction, that’s it. In best cases, it becomes a support for decision-making but it should not be the only criteria to make decisions. (more…)
SCM Insights · Use Cases Four steps to achieve 100% compliance in purchasing Compliance — this buzzword is currently being used in an almost excessive manner. Today, everything and everyone must be "compliant": Every company, every single employee from the assembly line worker or the clerk to the management, as well as suppliers and service providers. (more…)
SCM Insights · Supplier Community How to do successful customer portal management (guest article by Klüber Lubrication) In business relations between us (Klüber Lubrication) and our customers, a digital and efficient exchange of information is nowadays the be-all and end-all for successful cooperation. To ensure this, portal solutions — such as SupplyOn — are used. These usually combine several applications that support data exchange of cross-business and customer-specific processes, from tenders to invoices to quality management. (more…)
SCM Insights Supply Chain Act: the first three steps to better assurance The Supply Chain Due Diligence Act, commonly referred to as the Supply Chain Act for short, puts companies under pressure to act: from January 1, 2023, all companies in Germany with more than 3,000 employees will be co-responsible for ensuring that human rights are respected in their supply chain. Worldwide, 100 million people are affected by modern slavery, almost 80 percent of whom are children. The law aims to give these people a better future and contains a catalog of eleven internationally recognized human rights conventions. (more…)
SCM Insights Inbound transports: boost transparency and efficiency with fully automated transport notification The sharp rise in energy prices has a direct impact on transport costs. Especially now, it is extremely important to exploit all available savings potential. Bundling of transports, high utilization of loading capacities and timely transport notifications are important levers to keep the price explosion under control. In addition, reduced inventories demand secure, monitored transport handling to prevent delays from leading to costly production losses.This means logistics managers need not only immediate, i.e. real-time, information about delays during transport. Moreover, they need quick answers to questions such as: "Which materials are affected by the delay?" Or: "What was damaged during transport?" (more…)
SCM Insights How to implement an efficient risk management system The coronavirus pandemic has posed enormous, unprecedented challenges for companies. Efficient risk management plays a central role in meeting these challenges. It is not so much a question of whether the current situation could have been anticipated and planned for. Rather, the focus is on how companies can now best protect their core processes and increase the resilience of their operations. (more…)
SCM Insights Dock/Slot Management enhanced: SupplyOn further expands smart control of time slots at dock terminals Efficient, intelligent control of loading and unloading processes offers great potential for savings. After all, the costs incurred by manual processes, lack of transparency, long standing and waiting times as well as insufficient loading capacities or poor capacity utilization are considerable. (more…)
SCM Insights Supply chain resolutions 2022: (4) secure material demands The new year begins just as the old one ended, with material shortages everywhere. Now, another factor is adding to the woes: Omicron.After all, delivery problems are not just a matter of whether sufficient raw materials and upstream products are available to meet demand. (more…)
SCM Insights Supply chain resolutions 2022: (3) reduce supplier risks With climate change, weather hazards are becoming more likely. And with this, the risks for supply chain disruptions are increasing, too. Resulting large-scale power outages could bring production facilities at suppliers to a standstill. Or their plants themselves could be damaged by severe weather or forest fires. (more…)
SCM Insights Supply chain resolutions 2022: (2) make digital processes a daily habit The pandemic has revealed to businesses all at once exactly where digitization is not yet going so well. Processing paper invoices, for example, suddenly becomes much more complicated when all employees are working from home.The same is true in other areas, as well. (more…)
