Logistics and Freight

Chain management solution,SCM,risk management strategy Answering the question of what Supply Chain Management is, is as simple as breaking down the phrase into its component parts.  Supplies are those inputs that a company relies upon to produce the product that will ultimately reach its customers.  The chain is the group of suppliers that bring those inputs to a company and the process whereby those inputs are integrated into the company.  And finally, management is the coordination and organization of all these inputs and their implementation.  So put it all together, and Supply Chain Management is the science and art of improving the processes that bring suppliers of raw materials together and move those materials through the company until they reach the endpoint, the customer. What SCM Involves   If defining the term takes a full paragraph to cover even in its most basic sense, you can imagine how complex the industry surrounding Supply Chain Management truly is.  It involves manag

How many companies are finding their IT investments are a major blocker to releasing the benefits of Lean Manufacturing and why a new planning approach is needed. Over the past 10 years a great number of businesses ranging from SME’s to Blue Chips have been rolling out or updating their Enterprise Resource Planning (ERP), Distribution Requirements Planning (DRP) and Advanced Supply Chain Planning solutions (APS). There are a variety of reasons for this intense activity, ranging from the need to consolidate IT following an acquisition, through to the desire to improve the IT capability in order to implement a particular supply chain strategy.   The 10 key elements for a Best Practice Supply chain 1.    Have a clearly understood and agreed service level agreement (SLA) with your customers The SLA should be a detailed understanding of the service to be offered, particularly in relation to lead time, minimum order qty and stock holding requirements. It should also articulate the parameters