Supply Chain strategy objectives. A Supply Chain strategy is a rare document within organisations. In the previous blog-post Developing your ‘connected’ Supply Chains strategy, it was noted that views in some organisations are that elements of Supply Chains are only cost driven and those elements are often a part of other functions. Therefore, few companies have a strategic plan for … Read More
Developing your ‘connected’ Supply Chains strategy
Thinking about strategy. Strategy is a term that concerns actions which alter the relative strength of your enterprise to that of your organisation’s competitors, at an acceptable cost. These actions are different from those aimed at achieving operational improvements. There is not a ‘perfect’ business strategy, but the approach should avoid doing the same thing as the competition, so have … Read More
Elements of internal Supply Chains – apart or together
The supply chains structure. The strategic requirements of your organisation’s supply chains are first, to gain an understanding of the supply markets that your supply chains rely on and second, use planning and scheduling systems that enable your supply chains to be responsive to your customers’ needs. How the organisation is structured to achieve these strategic requirements is an internal … Read More
Two Supply Chain improvement challenges and solutions
Improving supply chains. For professionals to improve their supply chains, the main challenges have been identified in a questionnaire study as ‘resistance to change’ and ‘retention of talent’. eft, the logistics research and events company has noted in its Supply Chain report 2018 that “If logistics service providers (LSPs), manufacturers and retailers all state that resistance to change is their … Read More
Supply Networks change the view of International Trade
Increasing tariffs on goods. International Trade is in the headlines, with dire warnings concerning increased import tariffs, leading to rising protectionism and a slowing of world trade. But, in making the forecasts, commentators may not always understand how global supply chains actually work. Globalisation, International Trade and International Business are terms commonly used when discussing trade in goods and services … Read More