A scenario for reduction of carbon emissions The objectives of the COP26 climate meeting in Glasgow, Scotland were not achieved. Governments failed to provide sufficient targets for the required reduction in CO2 emissions by 2030. The UN scientist report of August 2021 titled Code Red for Humanity stated that carbon emissions must be reduced by 45 percent over 2010 levels … Read More
The ‘right’ amount of inventory in your supply chains
Will demand slow? Many Logisticians have been working overtime in the past 18 months to meet their CEOs instructions to provide sufficient products for the ‘new’ demand. But, there are signs that the ‘good times’ may come to an end, with a potential reduction in consumer demand. Consumers may have purchased sufficient ‘stuff’ – where to put it? The abnormal … Read More
Inventory through supply chains has business value
Role of Inventory The role of Logistics is to provide Availability of items for end users. This requires the management of inventory to be a critical capability for a Logistician. A known factor is the cost of holding inventory, although often under-stated by companies. Less appreciated is the value of inventory to the business. Experiences of stockouts through the pandemic … Read More
Skill set for executives with roles in Supply Chains
Salaries and skills Since the term Supply Chains appeared, education, recruitment agencies and industry executives have debated the knowledge and skills that Procurement, Operations Planning and Logistics professionals should be able to discuss and demonstrate. Recently, Bastian Consulting, an Australian specialist supply chain recruitment firm, reported that it surveyed more than 500 supply chain executives in the Asia Pacific region … Read More
Data Quality in supply chains drives trust in decisions
Need for data quality The media provides many stories of new and developing technologies and applications. Usually not mentioned is the critical role that accurate data has in the value of outputs and the work required to ensure data accuracy. For end users to have trust in the data requires a commitment throughout an enterprise that data is an asset … Read More