Inventory as a core requirement. Projects and campaigns have occurred in some businesses concerning reduction of inventory, notably those concerned with Just in Time (JIT) and its later incarnation, ‘Lean’. But overall, the investment in inventories within a supply chain does not disappear. So, to manage inventories in your organisation is a key responsibility of Logisticians; in association with other … 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
Change and challenge of Globalisation and Supply Chains
Globalisation and Supply Chains. Just as the supply and demand requirements for an item do not change because it is month end, many of the business challenges in your supply chains will continue into the new year. Welcome to the new calendar year and the many and continuing supply chain challenges that Learn About Logistics will discuss. Globalisation has been the … Read More
Forecasts about jobs and technologies in supply chains
Forecasts about future jobs. Articles and videos about ‘new’ technologies and the future of work can be alarming at first impression – like “80 percent of operations planning jobs will be automated in 10 years”! Over the past 40 years, there have been forecasts, which have not eventuated, of change’ in industries and the workplace. Memorable instances were ‘computer integrated … Read More
Implement Category Management into your Supply Network
Category Management and Value Chains. The objective of Category Management is to identify and leverage the capabilities of supply markets, to obtain a lower total cost of ownership (TCO). Category Management should therefore play an important role in the success of Procurement and ultimately, each of your Supply Chains. The previous blog Category Management underpins your Supply Network generated a comment on LinkedIn from … Read More