Placing risks into categories. To identify the resources and time required to address the critical and operational Supply Chain Risks in your organisation, the initial step is to structure the current assortment of uncertainties into an understandable matrix of risks. The previous blog discussed potential risks within four classifications: external; value network; internal and supply chain processes. Each risk must … Read More
Managing Risk informs the structure of a Supply Network
Uncertainty comes before risk. Measuring the performance of your Supply Network is likely to become a requirement of the board and senior management in enabling the required levels of service for customers and consumers. It is also likely to be an increasing requirement of insurance companies. The financial measures for supply chains are discussed in my eBook Supply Chains Operating … Read More
A common S&OP process for your business helps planning
The elements of S&OP. For Sales & Operations Planning (S&OP) to be successful within your organisation, three elements must work together: People, Process and Applications. As discussed in my previous blog the most critical element is people, S&OP is a journey towards collaboration so, without the willingness by senior managers (and their reports) to change behaviour a S&OP implementation will fail. The … Read More
Inventory Record Accuracy is the first improvement area
Improving your Supply Chains. Although articles tell us of new challenges and exciting technologies for supply chains, I find that actual challenges and steps to solutions have yet to dramatically change. I was recently cleaning a computer disc of past PowerPoint presentations. One slide from 2000 listed the discussion points concerning Supply Chain challenges for a Logistics Masters student workshop. The … Read More
Broaden access to supply chains education and training
Demand for supply chain programs. Change in supply chains and the three main disciplines of Procurement, Operations Planning and Logistics will occur to an extent and at a speed that is not known. But, as noted in the previous blog, taking advantage of the changes by organisations will require an increasing professionalism of expertise in the disciplines. Being the height … Read More