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Editor's Note: This guest contribution the Cerasis blog comes from our friends over at Fronetics an inbound and content marketing company who specializes in marketing for companies with a keen value adding business model for those in the supply chain and logistics industries. Supply Chain Planning Starts with Looking Back.
Has your company ever suffered problems with, implemented, or even considered implementing a sales and operations (S&OP) planning process? More to the point, though, for S&OP to be effective, it matters not whether a company uses Excel spreadsheets or the latest best-of-breed sales and operations planning software.
Of course, a high stock price enriches those people who already own shares, and makes options and stock grants more valuable, but they didn’t get into that either. They used those times to build what were essentially Gantt Charts of the production plan for each worker.
Planning a Warehouse Network and Design: Key Factors to Consider. Some Tips for Multi-Warehouse Network Planning. Let’s begin with a look at network planning, because whether your company requires one warehouse or five, your service, efficiency, and costs will be influenced heavily by your choice of location and capacity.
Reverse logistics, while not being the opposite of forward logistics, is still about products moving backwards in the supply chain. However, remember that products or subassemblies that never made it out of the factory may need to travel backwards one or more stages along the supply chain. This also qualifies as reverse logistics.
Massive supply chain disruptions are being experienced around the globe, and the causes are many and complex. Factors affecting the supply chain. There’s no doubt that the pandemic, with its harsh lockdowns and impact on economies worldwide, has played a dramatic role in the supply chain disruptions being experienced by manufacturers.
As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.
Whether you’re planning to benchmark your supply chain or simply trying to improve how you measure its performance, it makes sense to know a little about the most commonly used KPIs for each supply chain component. A lot will depend on the nature of your industry and the categories of supplies that you receive.
The erratic Arctic environment necessitates specialized navigation and infrastructure, forcing shipping companies to exercise caution when entering these uncharted territories. Severe weather conditions require flexibility and preparedness, prompting ships to change course or delay voyages to escape the force of nature.
Well, not just for benchmarking, but also for maximum visibility of your supply chain and logistics performance. In answering that question, we’re not going to provide you with a list of possible supply chain KPIs to use in your business—at least, not in this article. How hard can that be?” I hear you ask.
If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the resiliency test. Let’s start here: what is supply chain resilience? What is Supply Chain Resilience? 2020 Was A Year Of Supply Chain Disruption. 2020 Was A Year Of Supply Chain Disruption.
The paper, of course, covers a swathe of topics and concepts. Fuel and ammunition feed into the discussion of force posture, and the importance of exercises to build ‘preparedness including minimum viable improvements in key areas’ is also clear (pp 78-80). This is, of course, a normal goal for logistics planners to have.
If not, you might be surprised at the many ways supply chain benchmarking can be used to understand performance, identify areas for improvement and actually turn those improvements into reality. You don’t have to wait any longer to learn why supply chain benchmarking is increasingly winning advocates in the commercial arena.
If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all. Deere & Company.
Also known known as a ‘historical immersion problem,’ a decision-forcing case is an exercise in which participants take on the role of an actual person who, at some point in the past, was faced by a particularly challenging problem. The Road to Habbaniya’ is a two-problem exercise.
As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions. What is Reverse Marketing?
Planning such a large operation efficiently is no doubt a challenge, but HEINEKEN’s quest for efficiency started in the company’s early years. Today, the company is betting on prescriptive analytics to plan its operations more efficiently and prevent lost sales in a constantly changing market. But it had its limitations, of course.
Development of a Fast Fashion Supply Chain Vertical Integration Wins in the Fast Fashion Race It’s not called fast fashion for nothing. However, agility can be said to begin at the last stage in the supply chainthe point at which consumers make their purchase in-store or place their orders online.
Until the Coronavirus began wreaking its havoc, global companies could run their supply chains on the assumption that disruptions would be rare and short-lived, and that products should be sourced, produced, and distributed at the cheapest locations to be found, wherever in the world that may be. 1) Create Transparency.
The impact of supply chain performance on the success of a business is significant, but often underestimated, even within companies well-versed in supply chain management. Look for the signs, recognise the symptoms and if you need it, get some help to fix these important supply chain issues.
According to a recent study that analyzed the early months of the Ukrainian war through a logistical lens, inadequate preparation, poor logistics, and unrealistic planning are among the factors that led to the failure of Russia’s swift invasion of Ukraine. ZAPAD-2021: PLANNING AND PREPARING LOGISTICS FOR A WAR?
Supply chains are complex entities. While customer satisfaction is a hugely important criterion by which supply chain success is judged, so is supply chain profitability. While customer satisfaction is a hugely important criterion by which supply chain success is judged, so is supply chain profitability.
Of course additional funding and attention can improve the capability and capacity of any military force to sustain itself in peace and on operations. Logistics plans and policies. Assuming we do get the force structure balance right, we must also introduce the doctrine, plans and policies to use it appropriately.
Of course, as this is an ultimate guide to product slotting, it would only be fitting to leave you with a statement about the cost benefits if it includes an explanation of how they come about. In that type of scenario, the gains in accuracy and speed might be better achieved by slotting products intelligently along the aisles.
Technology’s place in supply chain operations is well established and much appreciated, as it helps improve accuracy, visibility, and efficiency from orders coming in and shipments moving out. The answer, of course, is yes. He has experience in strategic planning, improving operational efficiency, team building, and project management.
9 Golden Rules for Meaningful Supply Chain KPIs. I’ve written many posts on this blog about the importance of having a supply chain strategy that’s aligned with the overall business plan, and why it is a mistake to have misaligned strategies. Golden Rule #1: Meaningful KPIs Require a Meaningful Strategy.
Does the following scenario sound familiar to you? He or she has spent perhaps four to five years gaining a supply chain education, starting even before leaving high school, because he or she is passionate about working in the space. Schools Out: Let the Supply Chain Education Begin. Courses Endorsed By Industry Associations.
One of Martin Van Creveld’s most contentious, and subsequently debated, themes of Supplying War related to the persistent inability, if not unwillingness, of various militaries to adequately structure and prepare themselves for the rigours of sustained combat. A soldier serves little purpose if they are unarmed and without supplies.
Supplying any force requires an understanding of ‘provisioning’ and ‘stockholding’ To say these were done poorly is an understatement. At the tactical level, effective supply support results from the provision of appropriate in-service items of supply necessary for the identified force to conduct the operation.
Through its extensive span of activities, the supply chain sector offers wide-ranging possibilities for employment and career progression. In a different context, online retailer Amazon spotted inefficiencies in the supply chains of other companies. This adds up to considerable potential for varied and satisfying supply chain careers.
The purpose of a warehouse is to provide storage of products to meet customer demands and inventory allows the decoupling of demand and supply. Often this inventory is used to smooth out the supply chain from disruptions (whatever they might be). All of these symptoms potentially are a sign that a slotting exercise is overdue.
At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supply chain and business strategy along with eight other important levers for supply chain performance improvement. A Long History of Supply Chain Strategy Misalignment.
By Anne van de Heetkamp, VP of Product Management GTC, Descartes: Acknowledging potential weaknesses in your supply chain before they are exposed by elements beyond your control is of critical value. With current events in mind, managing future supply chain disruptions will be an integral component of corporate strategy.
If you plan to continue your omnichannel retail operation, though, and compete successfully with pure-play etailers, it’s something you will need to get a handle on. To make things easier, it might be worth considering an investment in some analytics software to speed up the process, and of course, you won’t look at every SKU or customer.
The truth, of course, lies somewhere in between. Secondly, they must have the right plans and policies in place to support effective planning. Thirdly, they must understand that ‘militaries limp to war’ meaning materiel readiness must be managed so that equipment and supplies are available when required.
The answer is to benchmark your freight, of course. It simply means checking your company’s rates paid for freight transportation against those borne by its peers in the same or similar industries and shipping scenarios. and “what is a reasonable range of rates for our company’s typical shipping scenarios?”.
If you’re serious about continuous improvement and developing a best-in-class supply chain to serve your organisation, keeping your managers and workforce educated is paramount. As any established supply chain professional will testify, this is a field in which the real learning begins after the formal education has ended.
With that question answered, I’m giving the rest of this article over to highlighting several business and supply chain issues, which, if you are experiencing them in your enterprise, are potent indications that CTS analysis should be on your agenda —for execution at the soonest.
When we compare different levels of sophistication and performance in supply chains, we can identify particular levels that we think are important to achieve, or that represent typical performance levels for supply chains as a whole. Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere.
It is easier, of course, to provide a case for improved logistics interoperability than it is to deliver it. Partnered armies must be prepared to share knowledge concerning logistics capabilities and resources and must signal one another when a shared supply chain is likely to be required. The Australian and U.S.
In an attempt to help you keep your supply chain organisation from analysis paralysis, metric manipulation, or measurement misnomers, I decided to use this post to share nine important guidelines, or golden rules, for benchmarking your business and monitoring performance using meaningful supply chain KPIs.
If not, you might be surprised at the many ways supply chain benchmarking can be used to understand performance, identify areas for improvement and actually turn those improvements into reality. Then, we’ll look at the benefits of benchmarking your supply chain. What is Supply Chain Benchmarking?
Should Your Supply Chain Join the Vertical Integration Revival? Ever since the early 1970s supply chain organisations have taken on increasingly distributed structures, a shift from a long-standing tradition of vertical integration. Concerns over supply risks and disruptions. Speed, Trust, Growth, and Control. Retail outlets.
As youll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, weve discovered that many companies lack a defined and documented supply chain strategy. A company without a supply chain strategy is at a competitive disadvantage.
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