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What is Supply Chain Visibility and Why Isn’t It Enough?

Logistics Viewpoints

And the linked nature of supply chains mean that collaboration is necessary to ensure that a solution to a problem doesn’t meet the metrics for one link but negatively impact another. appeared first on Logistics Viewpoints. Scenario analysis allows you to weigh alternatives by calculating the effects of possible changes.

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Beware the Swinging Pendulum on Supply Chain Inventory Practices

Logistics Viewpoints

a stockpile of chips), but if disruption persists safety stock can run out and is still vulnerable to other chokepoints, like logistics and labor shortages. The post Beware the Swinging Pendulum on Supply Chain Inventory Practices appeared first on Logistics Viewpoints. You can drown in information, so adding more isn’t enough.

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Better Ways to Address Trade-Offs with Supply Chain Optimization

Logistics Viewpoints

Malcolm McLean, a trucker from North Carolina, was tired of waiting. Not only are these pre-purchased components and assemblies gobbling up cash, they raise the risk of obsolescence, which these days represents not only wasted resources but also a potential hit to sustainability metrics.

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5 Lessons from the Desert for the Future of Supply Chain Resiliency

Logistics Viewpoints

Supply chains must be connected and collaborative so all links can align to business strategy and oriented toward a common set of the most important metrics (and not functional metrics that drive siloed behavior). The post 5 Lessons from the Desert for the Future of Supply Chain Resiliency appeared first on Logistics Viewpoints.

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Can Improving Forecast Accuracy Address Our Demand Planning Woes?

Logistics Viewpoints

A well-engineered solution applied to the right segment can absolutely be well worth the investment, but this is a decision that must be made in context of the business, not just a single forecast accuracy metric. appeared first on Logistics Viewpoints. A forecast is an input, not a decision.

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The Power of the Network: ERP vs. Spend Management

Logistics Viewpoints

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Alex Zhong, Director Product Marketing at GEP.

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Getting that “Swing” in Supply Chain Management

Talking Logistics

How do you successfully align goals, metrics, and resources across functional groups? Having leaders with cross-functional responsibility — such as having Manufacturing, Logistics, and Procurement report to a single executive — also helps to drive alignment. Which metrics are the right ones?