Supply chain maturity can have a devastating financial effect when companies experience disruptions. Examine five stages of supply chain maturity to discover where your process performance ranks.
The financial reform bill signed into law on July 21, 2010, included a six-page section that will have a direct impact on the supply chain for companies across industries. The bill creates new requirements that will have companies reporting to the Securities and Exchange Commission (SEC) on the origins of the gold, tin, tantalum and tungsten in their products. The goal is to prevent so-called ...
Globalization unlocks opportunity. But brand companies still need to maintain the controls of their marketplace. The ‘orchestrators’ of the process needs to focus on many issues to ensure success, from marketing and sales, channel management, risk management, to supply chain. All this is managed by the information platform—the underpinning of all inter-enterprise processes. The following ...
The supply chain is, of course, the primary processing mechanism of every manufacturing company. But today, it is a multifaceted, multi-company, multinational structure that makes it the most complex management challenge found in any enterprise. Supply chain management (SCM), a critical part of any enterprise resource planning (ERP) system, no longer means just making sure that the right ...
Examine an end-to-end supply chain visibility strategy and the inherent influences affecting the transformation processes being addressed by most organizations today and how might we be proactive in our response. The key benefit of supply chain visibility is that it allows for highly efficient planning, giving companies the opportunity to collect and analyze distributed data, generate specific ...
Globalization of supply, increasing competitive pressures, and dwindling product life cycles are driving change for supply chains. Learn to build an organization founded on client relationships, exceeding requirements, quality and safety, and a supply chain responsive to sudden market changes.
Supply Chain Management Inventory Classification
Manufacturers, Distributors and Retailers may have hundreds to thousands of items. As a result, it can become extremely difficult to manage all of these items.
ABC Analysis can be quite useful to help management focus on a smaller number of items, which typically account for a high percentage of the volume or value of all items in inventory ...
There has been a steady and rapid evolution of technology for improving supply chain performance, which has accelerated in the past few years. This whitepaper examines the evolution of the mobile supply chain.
Importance of Trust in Supply Chain Management
One of the most critical factors in a committed and collaborative relationship between supply chain partners is trust. If trust is present, it can improve the chances of a successful supply chain relationship; if not, transaction costs can rise through poor performance. Organizations need trust in order to be flexible and agile. However, ...
A new marriage of information and technology is driving the next generation of global supply chain visibility and risk mitigation. Leveraging a wealth of information and new capabilities enabled through technologies like GPS, “augmented reality” and geospatial information systems, IHS is offering up solutions that are helping to drive the next generation of supply chain visibility and risk ...
How are supply chain executives coping with today’s volatile economy. As part of a recent Global Chief Supply Chain Officer Study, 400 senior executives ...
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