The Effect of Growing Customer Expectations on Supply Chain Trends. In recent years, there has been a steady rise in the number of packages shipped in the United States. Estimates show that Amazon shipped more than 5 billion items via its Prime system in 2017 alone.Read more on this free link
The interconnectedness of global supply chains means that when one price goes up, others tend to follow. Increases in labour, energy and transport costs are contributing to inflation around the world, posing difficult policy challenges.Read more on this free link
Long Lead Time. Here are 6 supply chain technologies that can help you reduce long lead times. Read more on this free link
Safety stock simply is inventory that is carried to prevent stockouts. Stockouts stem from factors such as fluctuating customer demand, forecast inaccuracy, and variability in lead times for raw materials or manufacturing. Read more on this free link
Lean manufacturing is a production method aimed primarily at reducing times within the production system as well as response times from suppliers and to customers. It is closely related to another concept called Just-in-time manufacturing. Read more on this free link
What is lean manufacturing and the 5 principles used? Lean manufacturing is a production process based on an ideology of maximizing productivity while Read more on this free link
Lean manufacturing or “going lean,” refers to a series of methods, philosophies and tools to minimize waste in your business and maximize production. Read about different ways your company can go lean.Read more on this free link
The term Lean manufacturing refers to the application of Lean practices, principles, and tools to the development and manufacture of physical products. Many manufacturers are using Lean manufacturing principles to eliminate waste, optimize processes, cut costs, boost innovation, and reduce time to market in a fast-paced, volatile, ever-changing global marketplace. Read more on this free link
A resilient supply chain is defined by its capacity for resistance and recovery. That means having the capability to resist or even avoid the impact of a supply chain disruption – and the ability to quickly recover from a disruption. Operational risk and interruption can threaten multiple areas of the supply chain. Read more on this free link
Volatility has always played a crucial role in supply chains, hence in supply chain management. Maybe there is a sudden surge in demand for bottled water because a hurricane is approaching – or perhaps there is a sudden drop in demand for LCD screens because of newer technologies. Inchainge believes it is important that companies make conscious choices about how to deal with volatility and make that a part of how they manage their business.Read more on this free link
To gain sales in a competitive market, it's helpful to show customers how your business can meet their needs better than your competitors. A customer value proposition can be a helpful internal and external tool to define what’s unique about your business.Read more on this free link
Global supply chains are complex beasts. They are multi-tiered, multi-dimensional ecosystems of intimately related parts that allow lean, just-in-time manufacturing, and delivery models. This complexity gives rise to supply chain vulnerabilities as threats, such as natural disasters, accidents, trade wars, and cyberattacks that grow in frequency and severity.Read more on this free link
Unprecedented volatility Opportunity to introduce a comprehensive enterprise and cyber-resilience model to prepare and respond to most forms of disruption. Read more on this free link
In recent years a rising number of multinational corporations have pledged to work only with suppliers that adhere to social and environmental standards. Read more on this free link