With a closing date of July 3rd, there is now less than a week to go before entries close for the 9th annual European Supply Chain Excellence Awards.
Author: supplychainmag
The makings of a true supply chain winner in today’s shaky economic climate are a far cry from that of a year ago. To survive, indeed to thrive in the wake of such a jolt to the global economy businesses must not only be open to, but committed to change.
Changing the logistics model can transform the prospects for an organisation. Take, for example, toy maker Lego. Over the past few years has been transforming its business centred on the supply chain.
Without good supply chain planning it’s hard to understand how any commercial enterprise can operate profitably – particularly so at present, with tight economic conditions placing a heavy emphasis on rigorous cost control
Sales and Operations Planning can be a vital way to streamline supply chain operations and reduce inventories – something that many companies are seeking to do in the current economic climate.
Cash is king at the moment and financing the supply chain is a key issue for companies, both large and small. A vital element in that is the role of the supply chain insurers which provide cover against the risk of not getting paid for goods and services.
The 9th annual European Supply Chain Excellence Awards are now open for entry and offer an outstanding opportunity to recognise the progress you have made in improving the performance of your supply chain.
Every supply chain professional worth their salt should be constantly on the look out for ways of improving supply chain performance – particularly so at the present time.
The motor industry has been at the forefront in the development of sophisticated supply chain concepts. Just-in-time deliveries and bespoke sequencing centres have both been refined in the industry.
The onset of the economic downturn, one suspects, was so rapid that it left many organisations frantically scrambling around to recover.
