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  • Food and Beverages Sustainability Industry Report - SCM | Supply Chain Resource Cooperative (SCRC) | North Carolina State University
    following different criteria Spend Management Strategic Sourcing Category Management SRM Weighted SCM LHR Sustainability Most of the companies in the list have been rated since 2007 The rating exercise in their case was verification and change of ratings A set of companies was rated for the first time they are C S Whole Grocers Heineken N v Imperial Tobacco Group Mars Incorporated Sodexo Inc Key Sustainability Issues in the Food and Beverages Industry Ethical Sourcing Producers from under developed countries need to be well compensated for their products In this globalized economy any unethical dealings in third world country will become a major PR disaster for the company here in the US Food Safety Tracing In view of E coli and other deadly outbreaks safety is paramount If a company has repeatedly erred by supplying infected products they will have a tough time patching up their reputation Once the outbreak is underway it is important to track the source of the outbreak Companies with accurate tracking processes will come out much better from such scenarios Transparent Marketing Due to increased obesity rates in states there is great pressure on companies to share the true nutritional values Although calorie count is displayed on food items there is increased pressure to share true nutritional cost to the consumer For eg Fast food chains advertising on cartoon network is frowned upon in the past few years Ecological Impact In the modern food production system it takes around 10cal of energy to bring 1cal of food to the consumer There is tremendous energy expensed in growing transporting storing and retailing the produce Many foods are having tremendous negative effects on ecology For example 20 of Amazonian rain forests have been cut down in the last two decades to make way for cattle ranching Beef production Similarly beverage production process uses billions of liters of fresh portable water Local communities are increasingly wary of permitting these companies operate around them In our research only some of the bigger companies which are more noticed are trying to keep up with sustainability effort It is important for everyone to realize their duties towards sustainability initiatives and LHR activities and start acting in the direction before its too late Public pressure is one of the main drivers of speedy action from companies List of Company Rating Companies were rated based on the research Various different resources were used for research Some of the most common ones are Company websites Company vendor portals Company Annual report Dow Jones Sustainability Index Newsweek green score Best Practices Best practices were clearly observed with companies like C S Whole Grocers and Heineken N v They are tracking suppliers and evaluating most other companies are not even involved in the process On the positive side many companies had a very strong and defined procurement process It will not be difficult for these companies to improve their operational practices to include practices related to LHR and Sustainability Companies in this industry are conscious of

    Original URL path: https://scm.ncsu.edu/scm-articles/article/food-and-beverages-sustainability-industry-report (2016-04-30)
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  • Consumer Products Sustainability Report - SCM | Supply Chain Resource Cooperative (SCRC) | North Carolina State University
    previous years This provided a strong baseline for determining the ratings for the current year Companies building upon their efforts of previous years presented a strong case for increasing their ratings Company Ratings and Literature Review Consumer Reports Sustainability Company Reports Excel Consumer Reports Sustainability Literature Review PDF Company highlights include The Clorox Company is a pioneer in mainstreaming natural cleaning products through its Green Works product line It provides full disclosure of ingredients in its cleaning products and has committed to decrease greenhouse gas emissions energy consumption and water use each by 10 by 2013 Estée Lauder has received numerous awards for its innovative packaging which focuses on protection performance and environmental impact LEGO has a zero waste goal that has increased their recycled waste and decreased total waste Levi Strauss strict supplier standards that puts their suppliers on probation when they violate Levi s standards This probation can lead to contract termination if not addressed Limited Brands has received numerous awards for their environmental efforts including recognition from the U S Green Building Council U S E P A and Carbon Disclosure Project Newell Rubbermaid rolled out a new ERP system from SAP to simply their procurement process Proctor Gamble s implementation of an environmental sustainability scorecard for their suppliers to improve their overall process S C Johnson a producer of chemical products is winner of numerous environmental and community awards Sears Holdings focus on sustainable appliances and their Energy Star rating Stanley Black Decker s openness to share its supply chain practices with suppliers to improve overall sustainability Across these three industries there was a noticeable effort to move towards sustainability However the apparel industry has the biggest challenges to overcome with transparency Third party resources reveal labor and sourcing issues were not uncommon Several companies have

    Original URL path: https://scm.ncsu.edu/scm-articles/article/consumer-products-sustainability-report (2016-04-30)
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  • Demand Forecasting: A Cross Discipline Perspective Part II: Probabilistic and Ensemble Forecasting - SCM | Supply Chain Resource Cooperative (SCRC) | North Carolina State University
    period of time 500 units in January The problem with this is that when that exact number isn t reached natural instinct tells us the forecast should lose credibility and eventually become ignored Instead of an exact number that may be correct 70 of the time what if we used a range of output to plan off of 400 600 units in January Now we are planning for the potential to see a little more or less If we end up actually needing 550 units instead of 500 it s not as difficult to produce We can also give planners and idea of how certain we are in this projection by attaching a confidence level with it 90 confident January demand will be 400 600 units As uncertainty in markets and the economy increases confidence level decreases signaling to the S OP team that variation to the plan is highly likely Now teams are empowered with much more information than just a number attached to a month and can plan accordingly When considering a range of 200 units such as in the example given the thought of material shortages and inventory surpluses comes up The goal of the demand planning team is to narrow this range as much as possible no easy task given all the uncertainties already mentioned above S OP Paradigm Shift Now that S OP teams have this new format of forecast information how do they fully leverage it The first step is to fully understand what the forecast is saying Yes the confidence level may be lower than last month but what is this really telling us Where is there more uncertainty Is the uncertainty in demand or available supply Having identified that uncertainty is increasing we can begin to diagnose and prepare for that increased uncertainty This tool enables a new way to view S OP not just as a plan for production and sales but also as a risk mitigation process What impacts demand The results will also better help a company understand much of what impacts their demand Initially a company has to account for all the proper uncertainties for the model to produce an acceptable range In many cases companies may have an idea what impacts their demand but it s similar to forecasting the weather just when you think you have a handle on it something happens to shake things up With deterministic models inaccuracy of the model could be the result of any change in the in the environment industry or economy from the time the model is run until now With probabilistic models inaccuracy is the result of not accounting for the proper factors impacting your demand The more accurate the model the better understanding you have of what is impacting the demand or even to what extent certain variables impact it How to implement This process can impact everything from future inventory levels response time delivery time production variability and quality control Min Zhou 2002 While this requires

    Original URL path: https://scm.ncsu.edu/scm-articles/article/demand-forecasting-a-cross-discipline-perspective-part-ii-probabilistic-and (2016-04-30)
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  • Forecasting Articles - SCM | Supply Chain Resource Cooperative (SCRC) | North Carolina State University
    regression and measures of forecasting accuracy are Categories SCM Tutorials Forecasting Summary Approaches to Forecasting A Tutorial By Cecil Bozarth PhD Posted 01 26 2011 Summary Forecasting is a critical part of CPFR Fortunately there are a number of well developed tools and strategies for developing forecasts Avoid forecasting values when you can calculate them For Categories SCM Tutorials Forecasting Q2 Forecasting Approaches to Forecasting A Tutorial By Cecil Bozarth PhD Posted 01 26 2011 Q2 Forecasting What Is Q2 Forecasting Quantitative Qualitative Forecasting Basic ideas behind Q2 forecasting Wherever possible forecasters should first develop a quantitative forecast then use this for the basis for more Categories SCM Tutorials Forecasting 3 Step Process Approaches to Forecasting A Tutorial By Cecil Bozarth PhD Posted 01 26 2011 3 Step Process STEP 1 Divide Items into Three Major Categories STEP 2 Apply the simplest tools needed to do the job STEP 3 Spend effort on the difficult Categories SCM Tutorials Forecasting Qualitative Methods Measuring Forecast Accuracy A Tutorial By Cecil Bozarth PhD Posted 01 25 2011 Qualitative Methods Common Qualitative Forecasting Methods EXAMPLE Life Cycle analogy Analyzing the Life Cycle Data for the Previous Version Questions to Consider When Using the Life Cycle Analogy to Forecast Categories SCM Tutorials Forecasting Multiple Regression Approaches to Forecasting A Tutorial By Cecil Bozarth PhD Posted 01 25 2011 Multiple Regression Advanced techniques can be used when there is trend or seasonality or when other factors such as price discounts must be considered What is Multiple Regression Resulting Forecast Categories SCM Tutorials Forecasting Measuring Forecast Accuracy Approaches to Forecasting A Tutorial By Cecil Bozarth Ph D Posted 01 25 2011 Measuring Forecast Accuracy How Do We Measure Forecast Accuracy Measures of Forecast Accuracy Mean Forecast Error MFE Mean Absolute Deviation MAD Tracking Signal Other Measures How Do We Measure Forecast Categories SCM Tutorials Forecasting Single Regression Approaches to Forecasting A Tutorial By Cecil Bozarth PhD Posted 01 25 2011 Single Regression Advanced techniques can be used when there is trend or seasonality or when other factors such as price discounts must be considered What is Single Regression EXAMPLE 16 Categories SCM Tutorials Forecasting Double Exponential Smoothing Approaches to Forecasting A Tutorial By Cecil Bozarth PhD Posted 01 25 2011 Double Exponential Smoothing What Is Double Exponential Smoothing Time Series with Trend Double Exponential Smoothing What Is Double Exponential Smoothing like regular exponential smoothing except includes a component to pick Categories SCM Tutorials Forecasting Exponential Smoothing Approaches to Forecasting A Tutorial By Cecil Bozarth PhD Posted 01 25 2011 Exponential Smoothing What is Exponential Smoothing Exponential Smoothing Forecaset with a 3 What is Exponential Smoothing A type of weighted moving averaging model Part of many forecasting packages ideal Categories SCM Tutorials Forecasting Time Series Models Approaches to Forecasting A Tutorial By Cecil Bozarth PhD Posted 01 25 2011 Time Series Models Time Series Models Time Series Components of Demand Basic Idea Behind Time Series Models Moving Average Models Table of Forecasts Demand Values and Resulting Graph Categories

    Original URL path: https://scm.ncsu.edu/scm-articles/all-articles/category/forecasting (2016-04-30)
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  • Demand Forecasting: A Cross Discipline Perspective Part I: Model Output Statistics (MOS) - SCM | Supply Chain Resource Cooperative (SCRC) | North Carolina State University
    tracking how a forecast model performs compared to real results and then accounting for this deviation in future model runs forecasts MOS is defined as a technique used in forecasting that uses the statistical connection between a predicted variable such as demand and other variables that influence it such as economic conditions to improve forecast accuracy Glahn Lowry 1972 Historical Average Technique There are two ways this technique can be incorporated into a forecasting process A basic implementation of this technique involves computing a historical average for demand This average can be an immediate one covering a determined period of time i e the last month quarter etc The average can also cover the same day over the past several years i e Jan 31st for the past 5 years Next calculate the standard deviation of the historical average Once these are found an equation for a filter can be developed as follows The process flow for forecast development works for most companies in the following way Collect sales information Run forecast model distribute output to relevant organizations sales provides input for next forecast The MOS technique fits into this process as described in Figure 1 The goal of this step is to bring high outliers down within a reasonable range historical average 1 standard deviation and low outliers up within a reasonable range historical average 1 standard deviation Figure 2 is a graphical representation of this The advantages of the first technique are that it is simple and quick to implement as well as easy to automate and adjust Some of the shortcomings with the first technique include the fact that since it is based on historical data it will not predict radical changes in demand uncharacteristic surges or lags in demand Because of this weakness this technique would be better served for less sporadic products Regression Analysis Technique A second technique is available but a little more complex The first step in this process is to run correlations on variables that might influence realized demand This is referred to as a screening regression and more detail is provided in Bryan 1944 Once this step is completed select the top variables that correlate to demand These variables will now be used in a multiple regression analysis The results of this analysis will be used as an adjustment factor for the raw model output Figure 3 shows a breakdown of these steps The advantages of the second technique are that it is very flexible versatile and can pick up on sudden uncharacteristic changes in demand On the flip side the negatives include the fact that it is more complex and will require constant updating as new variables influence demand Conclusion The MOS technique is a way to prevent high and low outlier results from impacting business operations There are two techniques in which this filter can be applied to raw model output The first way incorporates historical averages and standard deviations and is best used for mature products The second

    Original URL path: https://scm.ncsu.edu/scm-articles/article/demand-forecasting-a-cross-discipline-perspective-part-i-model-output (2016-04-30)
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  • Supplier Management – The Need of the Hour [Webinar Recording] - SCM | Supply Chain Resource Cooperative (SCRC) | North Carolina State University
    Professionals SCM Research Resources SCM Pro Resources SCM Articles SCM White Papers SCM SCRC Director s Blog SCM Tutorials SCM Video Insights Library SCM Insights Polls SCM Topics SCM Research SCRC Article Library Supplier Management The Need of the Hour Webinar Recording Supplier Management The Need of the Hour Webinar Recording Published on Dec 21 2011 by Robert Handfield Ph D Executive Director of SCRC Bank of America University Distinguished Professor of Supply Chain Management About the Supplier Management The Need of the Hour Webinar This webinar focuses on the topic of supplier relationship management and deals with the questions that many supply chain managers have on this subject Rob Handfield hosts a number of questions on how to manage supplier relationships and the challenges that exist in dealing with strategic vs reactive issues with suppliers The issue of public vs private company relationships is examined as well as the requirements for building solid supplier relationships in global supply chains including the many complex issues that arise when dealing with global suppliers Webinar Access You can access the Supplier Management The Need of the Hour Webinar using this link Categories SCM Topics Supplier Evaluation Supplier Partnerships Read the Supply Chain Management Professional Newsletter Read the latest supply chain research articles and news as soon as we post them Privacy Policy Related Articles Background An Analysis of Supplier Evaluation Definitions An Analysis of Supplier Evaluation Case Studies Developing Collaborative Supplier Partnerships Supplier Intelligence Professional Resources SCM Articles SCM Resources SCM Terms Supply Chain Management Basics SCM Basics Tariffs and Tax Primer NAICS Navigator SCM Blog Business Process Outsourcing Forecasting Healthcare Supply Management Supply Chain Analytics SCM Tutorials CPFR Forecasting Inventory Management Procurement SCM Features Hot Topics Lessons Learned Facts Figures SC Security SCM Topics Inventory Management Supply Chain Procurement Process Six

    Original URL path: https://scm.ncsu.edu/scm-articles/article/supplier-management-the-need-of-the-hour-webinar-recording (2016-04-30)
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  • Supplier Evaluation Articles - SCM | Supply Chain Resource Cooperative (SCRC) | North Carolina State University
    building solid supplier relationships in global supply chains including the many complex issues that arise when dealing with global suppliers Categories SCM Topics Supplier Evaluation Supplier Partnerships References An Analysis of Supplier Evaluation By Arcan Arsan MBA 03 Aimee Shank MBA 03 Posted 01 24 2011 References 1 Barlas D August 2001 When EDI is mandatory www line56 com 2 Browing J September 2000 Developing fast track policies and procedures CAPS Research 4 1 7 13 3 Carr A Categories SCM Features SC Security SCM Topics Supplier Evaluation Future Developments An Analysis of Supplier Evaluation By Arcan Arsan MBA 03 Aimee Shank MBA 03 Posted 01 24 2011 Future Developments If corporations continue to increase their use of manufacturing and services outsourcing then the demand for supplier evaluation should increase It should also follow that there will be Categories SCM Topics Supplier Evaluation Case Studies An Analysis of Supplier Evaluation By Arcan Arsan MBA 03 Aimee Shank MBA 03 Posted 01 24 2011 Case Studies Boeing Commercial Airplanes Group Top Suppliers Boeing Commercial Airplanes Group Boeing Commercial Airplanes Group BCAG is a firm that demonstrates excellence in the area of supplier evaluation 22 Categories SCM Topics Supplier Evaluation Expected Costs and Benefits An Analysis of Supplier Evaluation By Arcan Arsan MBA 03 Aimee Shank MBA 03 Posted 01 24 2011 Expected Costs and Benefits Benefits Costs Benefits By becoming more competent in supplier evaluation firms can expect a number of financial and non financial benefits Each particular quality sought in a Categories SCM Topics Supplier Evaluation Implementation Issues An Analysis of Supplier Evaluation By Arcan Arsan MBA 03 Aimee Shank MBA 03 Posted 01 24 2011 Implementation Issues 7 Stage Process 1 Develop a high level plan 2 Develop a process plan 3 Acquire data 4 Evaluate supplier 5 Select develop supplier 6 Implement the project 7 Categories SCM Topics Supplier Evaluation Associated Technologies An Analysis of Supplier Evaluation By Arcan Arsan MBA 03 Aimee Shank MBA 03 Posted 01 24 2011 Associated Technologies Business to Business Networks B2B Electronic Data Interchange EDI Extensible Markup Language XML Web Exchanges Trust and Information Sharing Given the variety of services and products that the economy provides Categories SCM Topics Supplier Evaluation Performance Measurements and Metrics An Analysis of Supplier Evaluation By Arcan Arsan MBA 03 Aimee Shank MBA 03 Posted 01 24 2011 Performance Measurements and Metrics Categorical System Weighted Point Method Cost Based System Total Cost of Ownership Approach Frequency of Assessment How Measurements are Used Based on the more current partnership approach Categories SCM Topics Supplier Evaluation Definitions An Analysis of Supplier Evaluation By Arcan Arsan MBA 03 Aimee Shank MBA 03 Posted 01 24 2011 Definitions Economic Order Quantity Just in Time Total Quality Management Life Cycle Electronic Data Interchange EDI Extensible Markup Language XML Supplier Evaluation is a sourcing strategy used to assess suppliers in terms Categories SCM Topics Supplier Evaluation Background An Analysis of Supplier Evaluation By Arcan Arsan MBA 03 Aimee Shank MBA 03 Posted 01

    Original URL path: https://scm.ncsu.edu/scm-articles/all-articles/category/supplier-evaluation (2016-04-30)
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  • Supplier Partnerships Articles - SCM | Supply Chain Resource Cooperative (SCRC) | North Carolina State University
    Developing Collaborative Supplier Partnerships By Brian Fillard MBA 03 Scott Frahm MBA 03 Amy Mercer MBA 03 Kendyle Scott MBA 03 Posted 01 24 2011 References 1 Burnes B New S 1997 Collaboration in customer supplier relationships Strategy operations and function of rhetoric International Journal of Purchasing and Materials Management Fall 1997 V33 2 Monczka R Categories Logistics Global Logistics SCM Topics Supplier Partnerships Future Developments Developing Collaborative Supplier Partnerships By Brian Fillard MBA 03 Scott Frahm MBA 03 Amy Mercer MBA 03 Kendyle Scott MBA 03 Posted 01 24 2011 Future Developments The shift in business today is clearly towards more collaboration between all members of the supply chain One such development to be seen is more companies undertaking supplier Categories SCM Topics Supplier Partnerships Case Studies Developing Collaborative Supplier Partnerships By Brian Fillard MBA 03 Scott Frahm MBA 03 Amy Mercer MBA 03 Kendyle Scott MBA 03 Posted 01 24 2011 Case Studies Dell Computers Eric Scott Limited Volkswagen Brazil Dell Computers 27 Early on Dell Computers recognized the benefits of collaborative supply chain relationships and adopted the practice while developing Categories SCM Topics Supplier Partnerships Expected Costs and Benefits Developing Collaborative Supplier Partnerships By Brian Fillard MBA 03 Scott Frahm MBA 03 Amy Mercer MBA 03 Kendyle Scott MBA 03 Posted 01 24 2011 Expected Costs and Benefits Quantifiable costs Quantifiable benefits Non quantifiable benefits As with any initiative there are costs related to supplier development that must be absorbed Most of these costs are Categories SCM Topics Supplier Partnerships Implementation Issues Developing Collaborative Supplier Partnerships By Brian Fillard MBA 03 Scott Frahm MBA 03 Amy Mercer MBA 03 Kendyle Scott MBA 03 Posted 01 24 2011 Implementation Issues Gather data Develop a supplier presentation Develop a purchasing profile Develop specific negotiable issues Conduct negotiations Award the business Provide joint resources as required Develop monitoring and evaluation Categories SCM Topics Supplier Partnerships Associated Technologies Developing Collaborative Supplier Partnerships By Brian Fillard MBA 03 Scott Frahm MBA 03 Amy Mercer MBA 03 Kendyle Scott MBA 03 Posted 01 24 2011 Associated Technologies Workstation Collaboration Portals Electronic Data Interchange EDI The foundation of supplier collaboration is the ability to communicate effectively and efficiently with individuals and companies who provide the organization Categories SCM Topics Supplier Partnerships Performance Measurements and Metrics Developing Collaborative Supplier Partnerships By Brian Fillard MBA 03 Scott Frahm MBA 03 Amy Mercer MBA 03 Kendyle Scott MBA 03 Posted 01 24 2011 Performance Measurements and Metrics Delivery Quality Cost Benchmarking Tracking the performance of suppliers is instrumental in evaluating whether or not they are showing improvement Each company must assess what measurements Categories SCM Topics Supplier Partnerships Definition Developing Collaborative Supplier Partnerships By Brian Fillard MBA 03 Scott Frahm MBA 03 Amy Mercer MBA 03 Kendyle Scott MBA 03 Posted 01 24 2011 Definition In order to maintain pace with today s increased competition larger organizations are becoming more dependent on suppliers Outsourcing has become a way of life at many companies as they Categories SCM

    Original URL path: https://scm.ncsu.edu/scm-articles/all-articles/category/supplier-partnerships (2016-04-30)
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