The value of student’s entry scores. A high school student is considering studying an undergraduate degrees in supply chains and logistics, but why do programs have different entry criteria? Prospective undergraduate students must achieve their selected program’s mark in the country’s (or state) post secondary education examinations. Reviewing three universities offering supply chain and logistics degrees in Australia; University A … Read More
Oil price drop will hurt your supply chains
The good and bad of oil. If you are a private motorists or your business is a passenger airline operator, the drop in oil prices brings a smile to your face.In the past five months, the international price of oil has fallen about 40 percent. But if you are a logistician reviewing your future supply chains, your smile may not … Read More
Logistics is a big discipline
The basics of logistics is easy to understand. A colleague told me this week that Logistics is simple – pick it up, move it, put it down. But, as he said, it gets more difficult when you consider what must operate successfully, so that the simple tasks are not a waste. Some years ago there was a video about waste … Read More
Trade Agreements can change your supply chains
Moving towards regionalism. As multilateral trade agreements negotiated through the World Trade Organisation (WTO) appear to be going nowhere, it is Free Trade Agreements (FTA) that will influence your supply chains. But, FTAs are not about free trade but preferential trade – a country gives preferences to one other country at the expense of others. This week, Australia signed its … Read More
Oil shock is one of your supply chain risks
It only takes one supertanker. Does your supply chain strategy consider a scenario of less oil? Economies operate the way they do because of the availability of oil, but if countries in which you operate are not oil producers, what are their risks concerning supply? As an extreme risk, a Middle East jihadist group has requested its affiliates to sink … Read More