Logistics plan elements. To develop your supply chain strategy, three strategic plans are required; one each for Procurement, Conversion and Logistics. Using the business model from my previous blog the Logistics strategic plan can be considered within five elements shown in the diagram: Customer service – the appropriate level of service for customers, by product group or segment, considering: order fulfilment … Read More
A strategic Supply Chain model for your organisation
No supply chain view in your business strategy. Does your organisation have a strategic business plan that incorporates the supply network? If the answer is no it is not surprising, because few companies have a strategic plan that includes this critical part of the business. The reasons often put forward are: The three elements that should be the core of … Read More
Manage risk in your supply chains and reduce stress
Your interest in supply chain risks. Managing risk is a continual process of identification, analysis, assessment and implementation. Attached to your organisation’s One Plan should be the risks in achieving the Plan and management’s actions to counter the risks. It is preferable to anticipate potential problems, rather than overcoming disruptions after they have occurred. Supply chains are uncertain (and therefore … Read More
A future scenario for your supply chains
Forecasting supply chains and logistics businesses. Even in large companies, the person or team who consider future economic and business scenarios and how the enterprise may respond, do not always get it right. The chairman of Origin Energy has admitted that management had not foreseen the extent of the fall of crude oil prices and had been mistaken in its … Read More
Inventory the base of customer service in supply chains
Inventory is a cost or asset. Too often, inventory is viewed as just a feature within a business – that is, until it is the cause of lost sales. I always hope that understanding by senior management will improve about the value of inventory and the people who manage it, but there is still a way to go. Two situations this … Read More