Power in Supply Chains As scenarios for the future of global supply chains change, supply chain professionals must regularly review their organisation’s Supply Chains Network Design map. The map identifies the attributes of the Network at the Nodes and Links. The Review is an opportunity to ‘look over the fence’ that surrounds the daily life of your business, to focus … Read More
Alter Supply Chains to reduce business Vulnerability
Need for supply chains data Events are currently occurring that appear to be regional or country specific, but each can interact in some way, with emerging but unknown outcomes. How could these events affect or influence your organisation’s supply chains? Inventory levels are increasing in excess of orders as they were placed many months ago, due to long lead times … Read More
Your Supply Markets Plan needs Category Management data
Category Management role Part of your organisation’s supply chains are the supply markets from which materials and items are sourced. But markets are complex, so a Supply Markets Plan can provide comprehensive knowledge of the supply market(s). A Supply Markets Plan helps when taking advantage of current and impending supply situations. Knowledge of your organisation’s relevant supply markets also enables … Read More
Know your Supply Chains with Supply Markets Analysis
Disruptions in supply chains Uncertainty in global supply chains provides a fertile ground for price instability, affected by actions taken by countries or suppliers and potential shortages of products that are essential in the world economy. This requires businesses to understand the potential for disruption in their supply chains and to reduce risks before the need to implement emergency action. … Read More
Build a map to inform your Supply Chains Network Design
More disruptions for supply chains The longer hostilities continue in Ukraine, the greater scope for adverse interactions in the global system of commodity markets and supply chains: Direct economic effects on Russia and Ukraine, plus self-sanctioning by American and European companies with operations in Russia, including banks, insurance and shipping Effects in developed countries e.g. IT materials supplies; supply of … Read More