Value in Supply Chains A recent article that discussed value in supply chains, illustrated the ongoing challenge of using definitions in supply chains that all can agree. If basic definitions like Value Chain are inconsistent, then what hope is there for agreement on the multitude of new terms and ‘buzz words’ used in supply chains? Value of a business is … Read More
Select and Implement AI not different in Supply Chains
An announcement about AI The more general use of Artificial Intelligence (AI) became a step closer with the recent announcement by Microsoft of Copilot for Office 365. However, does this mean the beginning of the Peak of inflated expectations (from the Gartner Hype Cycle)? This is when the hype of the new technology, its multiple uses and ease of implement … Read More
Logistics strategy to cover the longer five-year term
Strategy for changing your supply chains Supply Chains are not managed. Instead, they respond to events and decisions at each Node and Link in each supply chain. A response is therefore ’emergent’. This requires that functions within your organisation’s Supply Chains must respond to emergent situations and adapt their approach to the affected supply market. This adaptability must extend to … Read More
Operational Logistics strategy for two-year improvement
Two strategies a better approach The role of Logistics is to provide Availability of products and services for customers. To provide Availability requires the management of inventory – incorporating policy, planning and control. Without effective management of inventory, investments in automation are wasted when handling and moving unnecessary inventory. Change takes time. Organisations need time to move from an initial … Read More
Build close strategies for Marketing and Supply Chains
Changes in economies and business will happen The previous blogpost discussed changes that could occur in the global economy, due to forces that influence world trade. Although the list is not definitive, changes will occur that can have an influence on your organisation’s supply chains strategy. The diagram below shows the alignment necessary between the discipline strategies for each of … Read More