Adapting to change Commentators are talking about mid to late 2022 for a return to a relatively balanced demand and supply situation in global supply chains, But that will not be the end of the matter; there will be more frequent (and likely severe) disruptions to supply chains in the future. This is not the first time that supply chains … Read More
Managing Inventory is a core capability of Logistics
Experience with Inventory Until logistics planning and control processes are in place and working, Logisticians should be wary of the ‘benefits’ attributed to new technologies, because they require accurate data. The phrase ‘Garbage in, Garbage out’ (GIGO) is as true today as when it was first used in the 1950s and it applies to inventory. A recent experience has been … Read More
Options to address disruptions in your Supply Chains
Uncertainties that affect planning Planning your supply chains in the face of ongoing uncertainties can be stressful – your operational plans will never be ‘right’ and they could be very wrong. And there are no sympathies from other functions in the business! So, viewing your supply chains in the same old way (SOW) will not help to improve the situation. … Read More
Channels of Distribution within your Supply Chains
Flow of a supply chain Visibility through your organisation’s supply chains is an objective that will be difficult to achieve. Even if your organisation considers itself a domestic business, the inputs of purchased items and their suppliers could be global. Anticipating potential shortages in supply chains can be difficult. A brand manufacturer or assembler may be closely linked with their … Read More
Success with cross-function learning about Supply Chains
Established facts in supply chains Like a watch mechanism, Supply Chains have many moving parts. It works when all the parts are in place and responding to each movement. But, take out one cog and the whole mechanism is in trouble. This has been demonstrated throughout the COVID-19 pandemic. For some companies, getting to ‘Lean’ (incorporating the ‘just in time’ … Read More