Archive – 2017

Myth 12: Visibility Integrations Have to Be IT-Oriented

  • Written by admin
  • Sept. 11, 2017

Given how challenging supply chain visibility can be to achieve, confusion surrounding the concept is understandable. Executives assume that to achieve supply chain visibility, they need to invest in expensive IT infrastructure that gathers data from each touchpoint and delivers it in ways that operators can use to improve performance.

This myth isn’t just wrong, it’s dangerous: The complexity involved in integrating multi-party data with traditional ERPs can quickly become overwhelming.

Myth 10: It’s Better (And Safer) to Maintain the Status Quo

  • Written by admin
  • Aug. 28, 2017

Supply chain optimization moves slowly. Under typical optimization strategies, improvements are made incrementally and assessed to determine their overall impact on business performance. With this as the norm, it’s understandable that risk averse supply chain executives are given pause by new solutions that completely change the way that operators view their supply chains. It feels safer to maintain the status quo—but when areas of inefficiency or opportunities to optimize exist, the status quo can be more harmful than helpful.

Myth 9: Multi-Party Means Multi-Platform

  • Written by admin
  • Aug. 22, 2017

The days of in-house supply chain are over. These days, a successful, global manufacturing and distribution strategy requires multiple parties almost by definition. So, any effective supply chain optimization solution must take all parties into account, including raw goods suppliers, distribution centers, manufacturers, freight forwarding and final-mile delivery partners, and whomever else handles your inventory.

Myth 8: It’s Difficult to Remove Supply Chain Silos

  • Written by admin
  • Aug. 21, 2017

Traditional logistics tell us that it’s difficult—or impossible—to eliminate each silo in the supply chain. Every supplier is different with its own unique standards of conduct, definitions of performance, and internal data to report how inventory is handled.

Myth 7: In-house Is Faster and Cheaper

  • Written by admin
  • Aug. 7, 2017

It sounds beneficial, on paper, to keep processes “in-house” for any enterprise. In-house workflows would seem to correlate with greater control, and they leverage existing resources.

Myth 6: Bigger Is Always Better

  • Written by admin
  • July 31, 2017

Bigger is better. As a society, we’re exposed to this message on all sides, from the food we eat to the cars we drive to the businesses we work with.

Unfortunately, in the case of supply chain economics, this is not always true. While manageable growth is an indicator of health for any business, the complex nature of international supply chains changes the equation. Bigger and wider reaching supply chains may be synonymous with increased opportunity, but scaling this infrastructure presents many new challenges.

Myth 5: Cloud Is Less Secure

  • Written by admin
  • July 24, 2017

There are widespread myths about the risks of cloud usage, many of which are tied to common logic. If data is removed from our control and stored on a third-party server, how can we guarantee its security?

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