Using less resources in your business. Reducing the amount and value of non-renewable resources through your supply chains will be the coming challenge for management and will require the skills and knowledge of procurement and logistics professionals. For more than a century, until the early 2000’s, the price of hard commodities (except oil) and energy had trended down, but since … Read More
Seasonal products and their inventory is a challenge
Retailers feel a chill in warm weather. It is only one week away from the start of the ski season in south east Australia and there is not a sign of snow on the mountains. Retailers selling fashion garments and sporting goods are feeling very chilly – there is warm weather at the start of winter! Winter fashions are in … Read More
How well should you know your supply chains?
Expecting Procurement to know it all. How much should a business with a brand name know about suppliers along all of its many supply chains? This is the challenge that Baptist World Aid at http://www.behindthebarcode.org.au/ has asked of 39 electronic companies. The charity found that none of the enterprises achieved its definition of supply chain knowledge and action for improvement … Read More
Good opportunities in the region for Logisticians
The employment report. The Supply Chain and Logistics 2013-14 Employment Market Report has recently been published by the specialist recruitment firm Logistics Executive at www.logisticsexecutive.com This is the 7th year of the report and with more than 5,000 respondents in the Middle East and Asia Pacific regions, it carries a good level of confidence in its findings. Of the respondents, … Read More
Be confident of your supply chain figures
Using numbers to support your logistics strategy. When developing your logistics strategy, you may have in mind possible expansion to additional countries. Your Marketing and Logistics groups must build the business case for the expansion; but what figures will you use, especially concerning the prospective market size? You have heard the saying ‘lies, damn lies and statistics’, which gives a … Read More