Tim Murphy

Managing Partner - New Dominion Consulting | Supply Chain Management and Operations Professional | Driving Cost-Effective and Impactful Business Transformation

[Tim Murphy @murphy_tim_]

I am happy to share the first episode of our new procurement and supply chain video series in collaboration Ward Karson, and Dave Cravens from Raindrop Systems. You can view the inaugural episode on our blog:

https://t.co/klS2mEa2uV

#procurement #supplychain

[Tim Murphy @murphy_tim_]

I asked ChatGPT what impact AI would have on supply chain management, here is how it responded:

https://t.co/VaV8TrkSdK

#chatgpt #artificialintelligence #AI #supplychain #supplychainmanagement #technology #future

[Tim Murphy @murphy_tim_]

Keep an eye out on Monday for the first installment in our short interview series based on five questions we will be asking executives and experts. Monday we will be posting our first interview with logistics expert Sal Guasto.

#logistics #sustainability #supplychain #interview

[Tim Murphy @murphy_tim_]

I asked ChatGPT what impact AI would have on corporate logistics, here is how it responded:

https://t.co/Hd8PKCiOOx

#logistics #chatgpt #artificialintelligence #AI #supplychain #supplychains #transportation #technology #future

[Tim Murphy @murphy_tim_]

Diversity is a powerful force to build strong, resilient, and innovative supply chains. Read more in our most recent blog post:

https://t.co/H6ZldPkOUf

#procurement #supplychain #diversity #inclusion #ESG #supplychainmanagement #diversityandinclusion

[Tim Murphy @murphy_tim_]

Extreme weather will increasingly disrupt supply chains, check out our recent blog post on how organizations can prepare for these disruptions:

https://t.co/JjCbxQRvta

#supplychain #logistics #extremeweather #climatechange #california #atmosphericriver #infrastructure

[Tim Murphy @murphy_tim_]

I asked Chat GPT what the impact of AI would be on corporate procurement, here is what it said:

https://t.co/Ow1DGFcTn2

#procurement #chatgpt #artificialintelligence #AI

[Tim Murphy @murphy_tim_]

Yesterday the IPCC released their 6th and final synthesis report (AR6) and the findings are bleak. Please read our blog post on reducing GHG emissions across supply chains:

https://t.co/8ul3GIaG1H

#IPCC #UNClimate #AR6 #GHGemissions #ClimateChange #Sustainability #supplychain

[Tim Murphy @murphy_tim_]

Great blog post today by Bill Crane on Supply Chain Sustainability. Worth the read if you have a few minutes.

https://t.co/rvBftp8WRM

#supplychain #sustainability #supplychainsustainability #supplychainmanagement

[Tim Murphy @murphy_tim_]

As we enjoy St. Patrick’s Day’s most popular beer, it is only fair to appreciate the supply chain accomplishments that brought those pints of Guinness into our hands.

https://t.co/cPJGyvB1HS

Happy St. Patrick’s Day Everyone!

#Guinness #St.Patrick’sDay #SupplyChainManagement

[Tim Murphy @murphy_tim_]

Take a moment to read our paper on Supply Chain Sustainability and share your thoughts on the importance of sustainability in supply chain decisions.
https://t.co/YNSXs4HM7N
#Sustainability #SupplyChain #ESG

[Tim Murphy @murphy_tim_]

Sustainability isn't a buzzword - it's a critical aspect of supply chain management that can impact your bottom line. Incorporating sustainable practices into your supply chain can reduce costs, improve reputation, and meet consumer demands.
#sustainability #supplychain #ESG

[Tim Murphy @murphy_tim_]

Excessive rain and snow in California have caused major disruptions to supply chain operations, including transportation delays and infrastructure damage. At New Dominion Consulting, we're here to help your business navigate these challenges and minimize disruptions. #SupplyChain

[Tim Murphy @murphy_tim_]

The recent collapse of Silicon Valley Bank is a stark reminder of the fragility of the global supply chain ecosystem. Businesses must prioritize supply chain resilience and contingency planning to mitigate the impact of unexpected disruptions. #supplychain #resilience #SVB

[Tim Murphy @murphy_tim_]

#Technology integration is critical to business success. Leaders need to understand that there are different types of #DigitalTransformations and select the approach that optimizes their outcomes. https://t.co/iVNQvO62Rt

[Tim Murphy @murphy_tim_]

Selecting the right #SupplyChain network optimization software is key to ensuring it increases the efficiency of a business. Companies must understand the company goals and business model and choose a #technology that meets their unique needs.

[Global Trade @GlobalTradeMag]

Network Optimization: How to Select the Right Supply Chain Network Optimization Software #Supplychain https://t.co/v5T5TglGQ2

[Tim Murphy @murphy_tim_]

It's clear that #SupplyChain disruptions have had huge costs, but the scale is truly shocking. According to a new report from materials supplier Avery Dennison, 8% of inventory is now going to waste, amounting to $163 billion of lost #inventory annually. https://t.co/OWd15optJI

[Tim Murphy @murphy_tim_]

A high #turnover rate in smaller suppliers is causing delays and limiting access to supplies. Contact Tenzing to discuss supply chain resiliency and risk mitigation strategies. @SupplyChainDive #SupplyChain #SupplyChainResiliency #SupplyChainRiskMitigation

[Supply Chain Dive @SupplyChainDive]

Raytheon supply chain disrupted by labor constraints at small suppliers https://t.co/wMFa16CJLC

[Tim Murphy @murphy_tim_]

According the the US EPA, supply chains can contribute as much as 90% of a product's carbon footprint. Aligning supply chain relationships with sustainability goals is critical to making real progress towards sustainability goals. @SCMatSAP #Sustainability #SupplyChainNews

[Tim Murphy @murphy_tim_]

I found this article interesting because Maersk took a broad approach to building #SupplyChainResiliency. Companies need to adapt how they work and collaborate with supply chain partners to address current challenges and capture future opportunities. https://t.co/dvgnM6LKOv