Trade Lanes and Supply Chains Trade Lanes can change for a variety of both short and long term factors. But that does automatically equate to a situation that will affect or influence your organisation’s supply chains. Trade Lanes provide information on the direction of a trade, typically across international borders between ports, countries, or regions. Trade Lanes are linked with … Read More
Develop a Supply Chains Design Map to know your Network
Why is a Map needed? The network of suppliers and customers for your organisation will not become ‘integrated’, because each is an independent organisations with their own business objectives and policies. The need is therefore to build a ‘body of knowledge’ about customers, suppliers and the supply markets on which your organisation relies. An assumption can be that by acquiring … Read More
Resilient supply chains are required in the near future
A different structure When will the next major disruption to your organisation’s supply chains occur? And what will be the cause – climate, conflict, pandemic, financial? For each of these questions there is not an answer, although many predictions. But if supply chain professionals wait until a disruption occurs before responding, then it may be too late for the business. … Read More
Customers in supply chains have their Cost to Serve
Cost to Serve for your customers If sales are made to customers without knowing the total cost of the business relationship, there are two major risks. The first is selling products to a customer that is thought to be profitable, but is not. The second is to negotiate increased sales or higher levels of service with customers that already incur an … Read More
Segment elements of supply chains for better management
Effectiveness or efficiency The previous blogpost discussed the benefits from reducing the number of stock keeping units (SKUs) offered for businesses operating in the fast moving consumer goods (FMCG) or consumer product goods (CPG) sector. Alternatively, there can be the necessity of adapting operations to an increase in the number of SKUs. A recent report, published by the consulting firm … Read More