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 ...
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.
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 ...
The quest of a perfect order is comprised of a journey filled with constant movement and activity, perfectly aligned until reaching the final destination in perfect condition. The odds against fulfilling a perfect order almost seem overwhelming when considering the complexities of an extended supply chain. Fortunately, supply chain companies have continued to take advantage of process ...
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, ...
Continual performance improvement is not a small undertaking; it is a way of life for companies seeking to remain competitive. In fact, the term “continual” guarantees an ongoing effort in refining operations. Supply chain visibility solutions provide a powerful avenue in contributing to performance improvement goals by providing statistics and measurements of supply chain processes and ...
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.
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.
Today’s supply chain is the primary processing mechanism of every manufacturing company. Supply chain visibility is a tall order, but some of today’s IT systems can meet it. This paper will describe the characteristics of a visible supply chain, explain why having one is important and discuss the technology resources that can deliver it to you.
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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