Segment items and suppliers to provide a structure

Roger OakdenLogistics Management, Procurement, Supply Chains & Supply NetworksLeave a Comment

Negotiation concepts

Disruption and the traditional approach For reasons outside the control of individual organisations, supply markets are being disrupted and in some cases, distorted. Procurement professionals need to be aware of the potential concerning increased risks at suppliers (and where possible, their suppliers). The result will be different approaches to the various supply markets and suppliers. In some industries, suppliers are … Read More

International Trade Logistics changes for the future

Roger OakdenLogistics Management, Procurement, Supply Chains & Supply NetworksLeave a Comment

Renewed focus on International Trade Logistics How will global trade evolve in the future? With current geopolitical manoeuvring between countries, vaccine nationalism and disrupted sea and air trade lanes, it is difficult to forecast. But changes will occur and it is Logisticians that should interpret possible scenarios. A low technology item, such as apparel, sold in a developed country will … Read More

Forecast ‘error’ affects Inventory in Supply Chains

Roger OakdenLogistics Management, Logistics Planning, Supply Chains & Supply NetworksLeave a Comment

Inventory in warehouse

Not ‘better’ forecasting Volatility in demand increases as more product lines are introduced that appeal to niche consumers; so ‘better’ forecasting becomes more difficult. The alternative approach is to analyse how your inventory should be managed. Based on the analysis, build a decision structure for inventory and so better manage the stock keeping units (SKUs). In the previous blogpost, it … Read More

Improve your supply chains through segmenting inventory

Roger OakdenLogistics Management, Logistics Planning, Supply Chains & Supply NetworksLeave a Comment

Business Model thoughts

Uncertainty in supply chain elements Support from the Finance and Accounting group within your organisation is vital for the effectiveness of Supply Chains. A step in gaining support is through segmenting the elements of your organisation’s supply chains into categories for improved management. The main elements within a supply chain are customers, finished goods inventory and service parts (when applicable), … Read More

Inventory is a calculated and managed Logistics asset

Roger OakdenLogistics Management, Procurement, Supply Chains & Supply NetworksLeave a Comment

Cut costs in your supply chains

Inventory is an asset Logistics is the science and art of providing availability of items for users. Inventory is all the items purchased and/or made by a business but not yet sold. A core part of the logistician’s role (in a brand company or at a 3PL) is to optimise the amount of inventory within a shipper (or brand owner) … Read More