EFT 3PL Summit

Senior Executives from Otto, C.H. Robinson, Schenker, Tompkins, Nulogy and Adidas to Keynote the 3PL and Supply Chain Summit in Chicago.

Business intelligence and networking company eft have announced the keynote lineup for the annual 3PL and Supply Chain Summit, the leading conference for C-Level supply chain and logistics executives.

The 3PL and Supply Chain Summit in Chicago June 14-16 will welcome more than 700 leadership figures from the supply chain industry. eft have brought together a stellar line-up of keynote speakers who will set the stage for discussions across three days of learning and networking.

Forces Impacting

Forces Impacting Supply Chains

By Joe Tillman

There are many issues facing supply chains today, but two that stand out are: what are the best practice organizations doing to manage suppliers and service providers? And how do these organizations motivate millennials, at 54 million the largest segment of the workforce. Another question: my company has a 99 percent fill rate – is that good?

These are typical questions that many supply chain professionals are confronting. As supply chains evolve in the uncertain environment of the post-Brexit era and the potential impact new policies from a new administration will have on globalization and long standing trade alliances, there are three forces converging to impact supply chain relationships, talent and performance.

Demand Planning 4

Where, Oh Where Should Demand Planning Go?

By Jeff Ziegler

Editor’s note: This is the last in a four-part series on creating a demand planning organization. Read Part 1Part 2 and Part 3.

Now that we’ve established that forecasting is important you know what your demand planning organization is going to do and how you plan to structure it, here we’ll address where to put it.

Demand planning can work well within a number of organizations as long as they can be incented, connected appropriately and can manage the group well. And although your company’s structure and the influence/incentives of various organizations may differ, as a general rule there are three key criteria in determining the best place to put a demand planning organization:

Modern Superhero

The extensive list of skills required by category managers has turned them into real-life superheroes.

By Andrew Durlak

Imagine any superhero without its superpowers — kind of defeats the role, right?  Although the late ‘80s was a dearth of new and inspiring superheroes, one very special sourcing hero emerged: category managers. Let’s dive into a few of the skills (superpowers, if you will) that modern category managers need to excel.

First of all, what is category management? Every enterprise takes its own nuanced definition, but broadly speaking, it is a strategic business process in which an individual or team within sourcing/procurement/supply chain is responsible for managing a specific type of spend. Category managers are gurus within their prescribed category; they are masters of its trends and innovations, understand the supply market and its user base, and make projected purchasing decisions that will benefit the entire enterprise.

Sourcing and procurement as a whole is evolving enormously, fueled largely by technological advances. In tandem with that, today’s category managers are a different breed than when the role originated. How?  Category managers of today take a more data-driven (think: Moneyball) approach; that’s how they effectively and efficiently keep the enterprise competitive today and solve tomorrow’s challenges.

Demand Planning 3

Building A Demand Planning Group: Roles and Skillsets to Consider

By Jeff Ziegler

Editor’s note: This is the third in a four-part series on creating a demand planning organization. Read Part 1 and Part 2.

Once you’ve decided your company will create a demand planning group and have determined what processes your organization will support, you can decide how to structure and staff it.

As discussed in Part 2, there may be other functions combined with demand planning in your group.  The following are the critical roles we see needed to support a robust demand planning process:

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