It is increasingly clear that the modern consumer is immensely digital, global and indeed influential, with access to products, services and companies at their fingertips, 24/7. This digital revolution has infinitely increased competition, consequently pushing companies to not only innovate products but also how they deliver those products to their consumers. Thanks to digitisation (and the ability to “go viral) modern consumerism is subject to a heightened sense of trending – with products suddenly, and aggressively peaking in demand – often most unexpectedly.
At Barloworld Logistics, we believe that diversity is fundamental for an organisation growing into the future and as such we employ and leverage the skills of women throughout our organisation. The inclusion of women in the transport and logistics industry is not only a Barloworld Logistics imperative but is part of a global drive to promote inclusive economies where the benefit of economic growth can be shared with all who contribute, regardless of gender. Our vision of gender equality at all levels of our organisation is strongly evident, from the female executives at the very top of our organisation to our professional driver learnership for women, and Barloworld Logistics is well on the way to being a genuinely gender inclusive organisation.
An organisation's supply chain is perhaps it's greatest secret weapon when seeking to enhance customer satisfaction and improve profitability. Customers growing expectations and changing shopping behaviours are the main force behind a demand-driven supply chain. There is mounting pressure from an increasingly impatient customer base demanding products faster and cheaper, while at the same time expecting a decrease in lead times throughout the value chain.
“Supply risk is defined as the probability of an incident associated with inbound supply from individual supplier failures or the supply market occurring, in which its outcomes result in the inability of the purchasing firm to meet customer demand or cause threats to customer life and safety”.
Supplier Relationship Management (SRM) is a term that has moved out of the realms of procurement and has taken its place firmly within the supply chain lexicon. The concept of SRM evolved in the eighties as a term referring to a more proactive relationship between organisational buyers and suppliers where buyers understand and document the risks and impact of each supplier in terms of profit and business continuity.