There will be a target to aim for. Thinking forward over 15 years is not so difficult. Remember back to 2000 – it was only 15 years ago. The challenge then was the number of business options about the future to select, rank and plan. In 2015 the ever more likely scenario is that governments of the world will be … Read More
Supply chains are too complex to be managed
Your business can be complex. How would you attempt to manage your supply chains when it is difficult enough to manage your own business? Too many articles and blogs that talk about ‘managing supply chains’ seem to assume that it can be done, but avoid describing how to achieve success. The individual supply chains that make up the supply network … Read More
System for a decentralised logistics services business
Support a decentralised business with one system. Discussions about the benefits of either centralised or decentralised IT systems often assume a business has a main focus, with performance measures structured to improve the focus. However, what should be the approach to IT systems if your business has an overall reason for being, but is structured to be very decentralised, with … Read More
Know the Logistics Service Providers that support your business
Global trade and increased complexity. Global trade continues to increase, together with the length of trade routes, increasing the complexity of supply chains. This in turn, increases the reliance that shippers have on their logistics service providers (LSPs), that can change the power structure in supply chain relationships. There is an old saying which states ” It is not the … Read More
Your Supply Chains group will affect Working Capital
Be noticed at board level. To ensure the board of directors at your business take notice of Supply Chains and Logistics, the board must review financial performance measures that are the responsibility of the supply chain group. The most applicable measures are: cash flow, working capital and return on investment (ROI). Of these, working capital and its derivative, the cash … Read More