A transport network is the lifeblood of any supply chain. Without an adequate transport network, the entire system will malfunction, failing to deliver freight when and where needed. This seems relatively obvious, and indeed simple, but often such networks are products of history. Over time, organisations grow and evolve. Products lines are introduced or discontinued, markets are entered or exited, and demand is fluid. Organisations that have grown from humble beginnings to large complex operations can have deeply ingrained processes, some of which may well be defunct in the environment in which the organisation operates.
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.