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This paper serves several main purposes. First, it aims at approaching the topic of supply chain management as one of central importance for the successful implementation of business today. Since many companies employing SCM have continuously faced problems with its realization, numerous solutions to these problems have been offered. These include the sharing of information with parties along the supply chain as well as the utilization of advances in information technology. In fact, the importance of in-depth knowledge of different e-business models and the Internet as tools of transforming SCM has been suggested.

Tuesday, 02 October 2012 11:56
Published in Industry
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Enterprises in the post millennium era have been severely challenged by a set of irreversible marketplace factors — including shrinking profit lifecycles, demand for personalized solutions, and the rise of the distributed network enterprise — that have transformed the global competitive environment into one with fundamentally more uncertainty and risk, but also one with great opportunity. These pressures have compelled companies to redefine winning business models, processes, and technologies and have catapulted the sales and operations planning process into the single most important tactical process to manage risk and profitability.

Tuesday, 02 October 2012 10:43
Published in Best Practices
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The Automotive, Aerospace and (to a lesser extent) Defense industries are undergoing massive globalization.

They are in various stages of transformation from a regional/local model to a global model in which the buying, making, moving, and selling activities could happen anywhere in the world. To thrive in today’s globalized environment, AA&D companies are reexamining their supply chain processes and their supporting technology.

Tuesday, 02 October 2012 09:18
Published in Industry
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Inventory has been and continues to be the lifeblood of supply chains. Properly managed, it drives revenue and efficiency for companies. But as the nature of supply chains changes, so must the policies used to manage inventory. Traditional inventory management practices are being made obsolete by increasing global supply chains and contract manufacturing, more dynamic product life cycles, and multi-channel distribution.

Tuesday, 02 October 2012 08:57
Published in Best Practices
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In 2003 RFID seemed to have appeared from nowhere, and into the spot light as one of the hottest technologies around. Everyone from journalists, analysts, VC’s, technology companies and retail giants like Wal-Mart were making public statements, mandates, predications and investments, based on the promise that RFID was set to revolutionize the global supply chain on a scale not seen since the internet revolution in the 1990’s.

Tuesday, 02 October 2012 08:34
Published in Best Practices
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RFID is not new. It has been an integral part of the modern life, especially in industrial settings for some time. For Example, RFID transmitters are built into access control badges, theft protection tags in retail stores and totes in manufacturing sites.
At the same time, Supply Chain visibility is a key contributor to increasing supplychain performance from both a financial and service-level perspective. Greater visibility as well as more accurate and timely information about supply-chain execution, allows for reduced safety stocks (thus optimizing cash to cash cycles and reducing inventory carrying costs) and increased on-time performance to customer commitments. The technology also plays a critical role in addressing shrinkage and grey-market control concerns.

Tuesday, 02 October 2012 07:58
Published in Best Practices
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The Supply-Chain Operations Reference-model (SCOR) is the product of the Supply-Chain Council (SCC), an independent, not-for-profit, global corporation with membership open to all companies and organizations interested in applying and advancing the state-of-the-art in supply-chain management systems and practices.

The SCOR-model captures the Council’s consensus view of supply chain management. While much of the underlying content of the Model has been used by practitioners for many years, the SCOR-model provides a unique framework that links business process, metrics, best practices and technology features into a unified structure to support communication among supply chain partners and to improve the effectiveness of supply chain management and related supply chain improvement activities.

Tuesday, 02 October 2012 07:34
Published in Best Practices
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The recession was a wake-up call for industrial manufacturers, with no more double-digit growth to hide the sins of complexity, long cycle times or high inventories. Throughout 2009, industrial manufacturers focused on freeing up cash. The leaders now emerging from the downturn have redesigned their supply chains to ensure sustainable performance. But will they be the demand-driven leaders of the future?

Wednesday, 26 September 2012 08:53
Published in Best Practices
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US Manufacturing CostCertain conditions,including transportation and energy costs, favor re-shoring R&D and production to the United States—especially for the chemicals and metals sectors.

Localizing production can mitigate supply-chain disruptions—totalling $2.2 billion in financial impacts for United States industrial products companies in 2011. A PwC analysis finds that manufacturing steel products in the United States instead of China can provide a net cost benefi t of 2% of revenue. Reviving domestic manufacturing has been at the core of lifting the United States economy through—and in the wake of—the Great Recession.

Friday, 14 September 2012 08:13
Published in Industry
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Companies across a broad spectrum of manufacturing, distribution, and retail segments are striving to be more demand driven.

The demand-driven strategy of allowing actual demand to pull inventory through the company and its supply chain seems simple. However for those using traditional supply chain management practices, other corporate strategies – along with some outside forces –make it a challenge to create a truly demand-driven supply and distribution network. Strategies such as increasing the pace of innovation and appealing to broader ranges of consumers are making product lifecycles shorter and product mix higher.

Tuesday, 11 September 2012 14:23
Published in Industry
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