Supply Chain and Logistics terminology can seemingly not keep up with the rapid evolution of the industry. For years we have become accustomed to organisations adopting 3-or-4PL business models, but of late abbreviations such as 5, 6 and even 7PL beginning to become part of the logistics lexicon, but what exactly to do these terms mean?
It keeps you awake at night, it is on your mind always, your phone buzzes at all hours of the day, it is temperamental, tricky to handle and everyone has advice on how to do it better. A relationship? No…it’s your supply chain. As a supply chain professional you likely eat, breathe and sleep every detail of your operation and obsess over every transaction, load and shipment. Here are some ways to keep the passion for supply chain alive within your organisation.
This Valentine’s Day, we’re drawing back the curtain on the connections between the products and people behind your bouquet
From decadent chocolates to lush bouquets of flowers or over-sized teddy bears, people worldwide will be purchasing gifts for loved ones, family and friends this Valentine’s Day.
The old adage “Show me how you measure me, I’ll show you how I behave” holds true within any relationship. The metrics against which the success of a supply chain is based should not only monitor suppliers performance but correlate with the strategic requirements of an organisation. Today a vast amount of data is available for every aspect of a supply chain, and this can create confusion if key areas are not focused on for measuring and monitoring. Identifying the data that matters, and extracting it from the noise is vital when wanting to ensure that one’s supply chain is performing as expected.
Basic to the human condition, and indeed fundamental to our existence is the food that we eat, and arguably, our access to health care. Imperative to the successful supply of these two categories of product is a well-managed temperature controlled supply chain. In simple terms, the ability to move and store products at a temperature that retains their intrinsic quality is vital to the continued provision of such to consumers throughout the world.
Take part in our environmental sustainability survey
The results will be released in a report early 2018