Wisconsin Supply Chain Marketplace

The successful journey from factory floor to retail store demands world-class supply chain execution. Yet the costs and complexities of integrating supply chain partners from around the world, each using different technologies and processes, has left supply chain solutions beyond the reach of all but the largest global enterprises.

Ask your 3PL questions, you'll get answers. Deloitte studies distinctive traits of digital frontrunners in manufacturing. In the United States, several major regulations emerged in that have had a lasting impact on how global supply chains operate.

Supply Chain Responsible Management of Supply Chain. We ensure that our suppliers build a stronger competitive edge through support and cooperation in order to establish a sound corporate ecosystem and a sustainable supply chain.
A supply chain is a network between a company and its suppliers to produce and distribute a specific product, and the supply chain represents the steps it takes to get the product or service to the customer.
Sep 21,  · A supply chain is a system of organizations, people, technology, activities, information and resources involved in moving a product or service from supplier to customer. Supply chain activities transform natural resources, raw materials and components into .
Chain and attachments from the biggest American manufacturers in the industry! ACCO, Columbus McKinnon, Campbell, Laclede, Peerless and Perfection and many other manufacturers for stainless steel and imported chain.
What is Supply Chain Management (SCM)? Supply chain management (SCM) is the active management of supply chain activities to maximize customer value and achieve a sustainable competitive advantage. It represents a conscious effort by the supply chain firms to develop and run supply chains in the most effective & efficient ways possible.
Responsible Management of Supply Chain

Chain and attachments from the biggest American manufacturers in the industry! ACCO, Columbus McKinnon, Campbell, Laclede, Peerless and Perfection and many other manufacturers for stainless steel and imported chain.

In a stage 1—type supply chain, systems such as production, storage, distribution, and material control are not linked and are independent of each other. In a stage 2 supply chain, these are integrated under one plan and enterprise resource planning ERP is enabled. A stage 3 supply chain is one that achieves vertical integration with upstream suppliers and downstream customers. An example of this kind of supply chain is Tesco. The third movement of supply chain management development, the globalization era, can be characterized by the attention given to global systems of supplier relationships and the expansion of supply chains beyond national boundaries and into other continents.

Although the use of global sources in organisations' supply chains can be traced back several decades e. This era is characterized by the globalization of supply chain management in organizations with the goal of increasing their competitive advantage, adding value, and reducing costs through global sourcing. In the s, companies began to focus on "core competencies" and specialization.

They abandoned vertical integration, sold off non-core operations, and outsourced those functions to other companies. This changed management requirements, by extending the supply chain beyond the company walls and distributing management across specialized supply chain partnerships.

This transition also refocused the fundamental perspectives of each organization. Original equipment manufacturers OEMs became brand owners that required visibility deep into their supply base. They had to control the entire supply chain from above, instead of from within.

Contract manufacturers had to manage bills of material with different part-numbering schemes from multiple OEMs and support customer requests for work-in-process visibility and vendor-managed inventory VMI.

The specialization model creates manufacturing and distribution networks composed of several individual supply chains specific to producers, suppliers, and customers that work together to design, manufacture, distribute, market, sell, and service a product.

This set of partners may change according to a given market, region, or channel, resulting in a proliferation of trading partner environments, each with its own unique characteristics and demands. Specialization within the supply chain began in the s with the inception of transportation brokerages, warehouse management storage and inventory , and non-asset-based carriers, and has matured beyond transportation and logistics into aspects of supply planning, collaboration, execution, and performance management.

Market forces sometimes demand rapid changes from suppliers, logistics providers, locations, or customers in their role as components of supply chain networks. This variability has significant effects on supply chain infrastructure, from the foundation layers of establishing and managing electronic communication between trading partners, to more complex requirements such as the configuration of processes and work flows that are essential to the management of the network itself.

Supply chain specialization enables companies to improve their overall competencies in the same way that outsourced manufacturing and distribution has done; it allows them to focus on their core competencies and assemble networks of specific, best-in-class partners to contribute to the overall value chain itself, thereby increasing overall performance and efficiency. The ability to quickly obtain and deploy this domain-specific supply chain expertise without developing and maintaining an entirely unique and complex competency in house is a leading reason why supply chain specialization is gaining popularity.

Outsourced technology hosting for supply chain solutions debuted in the late s and has taken root primarily in transportation and collaboration categories. This has progressed from the application service provider ASP model from roughly through , to the on-demand model from approximately through , to the software as a service SaaS model currently in focus today.

Building on globalization and specialization, the term "SCM 2. The growing popularity of collaborative platforms is highlighted by the rise of TradeCard 's supply chain collaboration platform, which connects multiple buyers and suppliers with financial institutions, enabling them to conduct automated supply-chain finance transactions.

At its core, the common attribute of Web 2. It is the notion of a usable pathway. It is the pathway to SCM results, a combination of processes, methodologies, tools, and delivery options to guide companies to their results quickly as the complexity and speed of the supply chain increase due to global competition; rapid price fluctuations; changing oil prices; short product life cycles; expanded specialization; near-, far-, and off-shoring; and talent scarcity.

This is delivered through competency networks composed of best-of-breed supply chain expertise to understand which elements, both operationally and organizationally, deliver results, as well as through intimate understanding of how to manage these elements to achieve the desired results. The solutions are delivered in a variety of options, such as no-touch via business process outsourcing , mid-touch via managed services and software as a service SaaS , or high-touch in the traditional software deployment model.

Successful SCM requires a change from managing individual functions to integrating activities into key supply chain processes. In an example scenario, a purchasing department places orders as its requirements become known. The marketing department, responding to customer demand, communicates with several distributors and retailers as it attempts to determine ways to satisfy this demand.

Information shared between supply chain partners can only be fully leveraged through process integration. Supply chain business process integration involves collaborative work between buyers and suppliers, joint product development, common systems, and shared information.

According to Lambert and Cooper , operating an integrated supply chain requires a continuous information flow.

However, in many companies, management has concluded that optimizing product flows cannot be accomplished without implementing a process approach. The key supply chain processes stated by Lambert [25] are:. Much has been written about demand management. One could suggest other critical supply business processes that combine these processes stated by Lambert, such as:. Integration of suppliers into the new product development process was shown to have a major impact on product target cost, quality, delivery, and market share.

Tapping into suppliers as a source of innovation requires an extensive process characterized by development of technology sharing, but also involves managing intellectual [28] property issues. There are gaps in the literature on supply chain management studies at present [ citation needed ]: A few authors, such as Halldorsson et al. However, the unit of analysis of most of these theories is not the supply chain but rather another system, such as the firm or the supplier-buyer relationship.

Among the few exceptions is the relational view , which outlines a theory for considering dyads and networks of firms as a key unit of analysis for explaining superior individual firm performance Dyer and Singh, In the study of supply chain management, the concept of centroids has become an important economic consideration. In the US, two major supply chain centroids have been defined, one near Dayton, Ohio , and a second near Riverside, California. The centroid near Dayton is particularly important because it is closest to the population center of the US and Canada.

In addition, the I corridor is home to the busiest north-south rail route east of the Mississippi River. Wal-Mart strategic sourcing approaches Direct sourcing from suppliers-In , Wal-Mart announced what would be a big change in its sourcing strategy. Initially, Wal-Mart relied on the intermediaries in the sourcing process.

Therefore, the company came to realize that the presence of many intermediaries in the product sourcing was actually increasing the costs in the supply chain. To cut these costs, Wall-Mart decided to do away with intermediaries in the supply chain and started direct sourcing of its goods from the suppliers.

Walmart started purchasing fruits and vegetables on a global scale where it interacted directly with the suppliers of these goods. It later engaged the suppliers of other goods such as cloth and home electronics appliances directly and eliminated the importing agents. One advantage of this strategy of direct sourcing is that the supplier and the purchaser collaborate in finding goods of the highest quality that would appeal to the consumers.

Moreover, the purchaser in this case Wal-Mart can easily direct the suppliers on how to manufacture certain products so that they can be acceptable to the consumers Gilmorte, Thus, Wal-Mart through direct sourcing manages to get the exact product quality as it expects since it engages the suppliers in the producing of these products hence quality consistency Lu, Using agents in the sourcing process in most cases lead to inconsistency in the quality of the products since the agent's source the products from different manufacturers which have varying qualities.

Creation of procurement centers- WalMart adopted this strategy of sourcing through centralizing the entire process of procurement and sourcing by setting up four global merchandizing points for general goods and clothing. The company instructed all the suppliers to be bringing their products to these central points that are located in different markets Gilmorte, The procurement team assesses the quality brought by the suppliers and buys the goods and distributes them to various regional markets.

The procurement and sourcing at centralized places helped the company to consolidate the suppliers. Efficient communication relationship with the vendor networks to improve the material flow is another sourcing strategy Wal-Mart uses.

In other words, the company realized that in ensuring a steady flow of the goods into the store, the suppliers have to be informed early enough so that they can act accordingly to avoid delays in the delivery of goods Lu, Thus, efficient communication is another tool which WalMart is using to make the supply chain to be more efficient and cutting the costs.

Cross-docking is another strategy that WalMart is using to cut costs in its supply chain. Cross-docking is the process of transferring goods directly from inbound trucks to outbound trucks Cmuscm, When the trucks of from the suppliers arrive at the distribution centers, most of the trucks are not offloaded to keep the goods in the distribution centers or warehouses, but they are transferred directly to another truck designated to deliver goods to specific retail stores for sale.

Cross-docking helps in saving the storage costs Gilmorte, Initially, the company was incurring considerable costs of storing the suppliers from the suppliers in its warehouses and the distributions centers to await the distribution trucks to the retail stores in various regions.

Tax efficient supply chain management is a business model that considers the effect of tax in the design and implementation of supply chain management. As the consequence of globalization , cross-national businesses pay different tax rates in different countries.

Due to these differences, they may legally optimize their supply chain and increase profits based on tax efficiency. Supply chain sustainability is a business issue affecting an organization's supply chain or logistics network, and is frequently quantified by comparison with SECH ratings, which uses a triple bottom line incorporating economic, social, and environmental aspects.

Consumers have become more aware of the environmental impact of their purchases and companies' SECH ratings and, along with non-governmental organizations NGOs , are setting the agenda for transitions to organically grown foods, anti-sweatshop labor codes, and locally produced goods that support independent and small businesses.

For example, in July , Wal-Mart announced its intentions to create a global sustainability index that would rate products according to the environmental and social impacts of their manufacturing and distribution. The index is intended to create environmental accountability in Wal-Mart's supply chain and to provide motivation and infrastructure for other retail companies to do the same. It has been reported that companies are increasingly taking environmental performance into account when selecting suppliers.

This law requires SEC-regulated companies to conduct third party audits of their supply chains in order to determine whether any tin, tantalum, tungsten, or gold together referred to as conflict minerals is mined or sourced from the Democratic Republic of the Congo , and create a report available to the general public and SEC detailing the due diligence efforts taken and the results of the audit.

The chain of suppliers and vendors to these reporting companies will be expected to provide appropriate supporting information. Incidents like the Savar building collapse with more than 1, victims have led to widespread discussions about corporate social responsibility across global supply chains.

Wieland and Handfield suggest that companies need to audit products and suppliers and that supplier auditing needs to go beyond direct relationships with first-tier suppliers. They also demonstrate that visibility needs to be improved if supply cannot be directly controlled and that smart and electronic technologies play a key role to improve visibility. Finally, they highlight that collaboration with local partners, across the industry and with universities is crucial to successfully managing social responsibility in supply chains.

By reducing resource input and waste leakage along the supply chain and configure it to enable the recirculation of resources at different stages of the product or service lifecycle, potential economic and environmental benefits can be achieved.

SCM components are the third element of the four-square circulation framework. The level of integration and management of a business process link is a function of the number and level of components added to the link. Literature on business process re-engineering [40] buyer-supplier relationships, [41] and SCM [42] suggests various possible components that should receive managerial attention when managing supply relationships.

Lambert and Cooper identified the following components:. However, a more careful examination of the existing literature [43] leads to a more comprehensive understanding of what should be the key critical supply chain components, or "branches" of the previously identified supply chain business processes—that is, what kind of relationship the components may have that are related to suppliers and customers.

Bowersox and Closs state that the emphasis on cooperation represents the synergism leading to the highest level of joint achievement. A primary-level channel participant is a business that is willing to participate in responsibility for inventory ownership or assume other financial risks, thus including primary level components Bowersox and Closs, A secondary-level participant specialized is a business that participates in channel relationships by performing essential services for primary participants, including secondary level components, which support primary participants.

Third-level channel participants and components that support primary-level channel participants and are the fundamental branches of secondary-level components may also be included. Consequently, Lambert and Cooper's framework of supply chain components does not lead to any conclusion about what are the primary- or secondary-level specialized supply chain components see Bowersox and Closs, , p.

Reverse logistics is the process of managing the return of goods. It is also referred to as "aftermarket customer services". Any time money is taken from a company's warranty reserve or service logistics budget, one can speak of a reverse logistics operation. Reverse logistics is also the process of managing the return of goods from store, which the returned goods are sent back to warehouse and after that either warehouse scrap the goods or send them back to supplier for replacement depending on the warranty of the merchandise.

Supply chain systems configure value for those that organize the networks. Value is the additional revenue over and above the costs of building the network. Co-creating value and sharing the benefits appropriately to encourage effective participation is a key challenge for any supply system. Tony Hines defines value as follows: Global supply chains pose challenges regarding both quantity and value. Supply and value chain trends include:. These trends have many benefits for manufacturers because they make possible larger lot sizes, lower taxes, and better environments e.

There are many additional challenges when the scope of supply chains is global. This is because with a supply chain of a larger scope, the lead time is much longer, and because there are more issues involved, such as multiple currencies, policies, and laws. The consequent problems include different currencies and valuations in different countries, different tax laws, different trading protocols, vulnerability to natural disasters and cyber threats, [44] and lack of transparency of cost and profit.

Supply-chain consulting is the providing of expert knowledge in order to assess the productivity of a supply-chain and, ideally, to enhance the productivity. Supply chain Consulting is a service involved in transfer of knowledge on how to exploit existing assets through improved coordination and can hence be a source of competitive advantage; Hereby the role of the consultant is to help management by adding value to the whole process through the various sectors from the ordering of the raw materials to the final product.

On this regard, firms either build internal teams of consultants to tackle the issue or use external ones, companies choose between these two approaches taking into consideration various factors. The use of external consultants is a common practice among companies. Supply chain professionals need to have knowledge of managing supply chain functions such as transportation, warehousing , inventory management , and production planning.

In the past, supply chain professionals emphasized logistics skills, such as knowledge of shipping routes, familiarity with warehousing equipment and distribution center locations and footprints, and a solid grasp of freight rates and fuel costs. More recently, supply chain management extends to logistical support across firms and management of global supply chains. Supply chain professionals play major roles in the design and management of supply chains.

In the design of supply chains, they help determine whether a product or service is provided by the firm itself insourcing or by another firm elsewhere outsourcing. In the management of supply chains, supply chain professionals coordinate production among multiple providers, ensuring that production and transport of goods happen with minimal quality control or inventory problems. One goal of a well-designed and maintained supply chain for a product is to successfully build the product at minimal cost.

Such a supply chain could be considered a competitive advantage for a firm. Beyond design and maintenance of a supply chain itself, supply chain professionals participate in aspects of business that have a bearing on supply chains, such as sales forecasting , quality management , strategy development, customer service , and systems analysis.

Production of a good may evolve over time, rendering an existing supply chain design obsolete. Supply chain professionals need to be aware of changes in production and business climate that affect supply chains and create alternative supply chains as the need arises. A lack of transparency in the supply chain is known as mystification, which bars consumers from the knowledge of where their purchases originated and can enable socially irresponsible practices. Supply Chain Managers are under constant scrutiny to secure the best pricing for their resources, which becomes a difficult task when faced with the inherent lack of transparency.

Cost benchmarking is one effective method for identifying competitive pricing within the industry. This gives negotiators a solid basis to form their strategy on and drive overall spend down. There are a variety of supply chain models, which address both the upstream and downstream elements of supply chain management SCM.

SCOR measures total supply chain performance. It is a process reference model for supply-chain management, spanning from the supplier's supplier to the customer's customer. The Global Supply Chain Forum has introduced another supply chain model. Each process is managed by a cross-functional team including representatives from logistics, production, purchasing, finance, marketing, and research and development. While each process interfaces with key customers and suppliers, the processes of customer relationship management and supplier relationship management form the critical linkages in the supply chain.

The PCF was developed by APQC and its member organizations as an open standard to facilitate improvement through process management and benchmarking, regardless of industry, size, or geography.

The PCF organizes operating and management processes into 12 enterprise-level categories, including process groups, and over 1, processes and associated activities.

In the developing country public health setting, John Snow, Inc. In the s, the term supply chain management SCM was developed to express the need to integrate the key business processes, from end user through original suppliers.

The basic idea behind SCM is that companies and corporations involve themselves in a supply chain by exchanging information about market fluctuations and production capabilities. Keith Oliver , a consultant at Booz Allen Hamilton , is credited with the term's invention after using it in an interview for the Financial Times in If all relevant information is accessible to any relevant company, every company in the supply chain has the ability to help optimize the entire supply chain rather than to sub-optimize based on a local interest.

This will lead to better-planned overall production and distribution, which can cut costs and give a more attractive final product, leading to better sales and better overall results for the companies involved. This is one form of vertical integration. Incorporating SCM successfully leads to a new kind of competition on the global market, where competition is no longer of the company-versus-company form but rather takes on a supply-chain-versus-supply-chain form.

The primary objective of SCM is to fulfill customer demands through the most efficient use of resources, including distribution capacity, inventory , and labor. In theory, a supply chain seeks to match demand with supply and do so with the minimal inventory. Various aspects of optimizing the supply chain include liaising with suppliers to eliminate bottlenecks; sourcing strategically to strike a balance between lowest material cost and transportation , implementing just-in-time techniques to optimize manufacturing flow; maintaining the right mix and location of factories and warehouses to serve customer markets; and using location allocation, vehicle routing analysis, dynamic programming , and traditional logistics optimization to maximize the efficiency of distribution.

The term "logistics" applies to activities within one company or organization involving product distribution, whereas "supply chain" additionally encompasses manufacturing and procurement, and therefore has a much broader focus as it involves multiple enterprises including suppliers, manufacturers, and retailers working together to meet a customer need for a product or service. Starting in the s, several companies chose to outsource the logistics aspect of supply chain management by partnering with a third-party logistics provider 3PL.

Companies also outsource production to contract manufacturers. There are four common supply chain models. In recent studies, resilience , as "the ability of a supply chain to cope with change ", [15] is regarded as the next phase in the evolution of traditional, place-centric enterprise structures to highly virtualized, customer-centric structures that enable people to work anytime, anywhere.

A resilient supply network should align its strategy and operations to adapt to risk that affects its capacities. It is not about responding to a one-time crisis, or just having a flexible supply chain. It is about continuously anticipating and adjusting to discontinuities that can permanently impair the value proposition of a core business with special focus on delivering customer satisfaction. Strategic resilience, requires continuous innovation with respect to product structures, processes, but also corporate behaviour.

Recent research suggests that supply chains can also contribute to firm resilience. On the Internet , customers can directly contact the distributors.

This has reduced the length of the chain to some extent by cutting down on middlemen. Some of the benefits are cost reduction and greater collaboration. Incidents like the Savar building collapse with more than 1, victims have led to widespread discussions about corporate social responsibility across global supply chains.

Wieland and Handfield suggest that companies need to audit products and suppliers and that supplier auditing needs to go beyond direct relationships with first-tier suppliers. They also demonstrate that visibility needs to be improved if supply cannot be directly controlled and that smart and electronic technologies play a key role to improve visibility. Finally, they highlight that collaboration with local partners, across the industry and with universities is crucial to successfully managing social responsibility in supply chains.

Many agribusinesses and food processors source raw materials from smallholder farmers. This is particularly true in certain sectors, such as coffee , cocoa and sugar. Over the past 20 years [ when? Rather than purchasing crops that have passed through several layers of collectors, firms are now sourcing directly from farmers or trusted aggregators. The drivers for this change include concerns about food safety , child labor and environmental sustainability as well as a desire to increase productivity and improve crop quality.

Supply chain security has become particularly important in recent years. In the United States, several major regulations emerged in that have had a lasting impact on how global supply chains operate.

A supply chain is a system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer. Supply chain activities involve the transformation of natural resources, raw materials, and components into a . A supply chain is a network between a company and its suppliers to produce and distribute a specific product, and the supply chain represents the steps it takes to get the product or service to the customer. What is Supply Chain Management (SCM)? Supply chain management (SCM) is the active management of supply chain activities to maximize customer value and achieve a sustainable competitive advantage. It represents a conscious effort by the supply chain firms to develop and run supply chains in the most effective & efficient ways possible.

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