Inventory management used to be about lean systems and JIT but accurate real time information is now more essential as demand-driven supply networks come on-stream. Perhaps one day, stock-outs really will be consigned to history.
Browsing: Logistics & Supply Chain
The engineering sector is late on the supply chain bandwagon but the challenge of low cost overseas manufacturing means logistics is fast moving up the agenda. What does the future hold?
The Engineering and General Manufacturing sector has made a comeback this year, with Rexam Beverage Can Europe & Asia taking the top prize in The European Supply Chain Excellence Awards 2005.
‘Managing a business is really about managing the supply chain,’ says the global operations director of De La Rue Cash Systems.
In recent weeks I have been able to meet a broad cross-section of European logistics professionals during the autumn round of conferences in Central and Western Europe.
After the hype, many feel disillusioned with RFID but the technology continues to move ahead as prices fall and trials proliferate.
Sourcing goods from China and the Far East may offer the potential for huge savings, however, there are risks to consider.
As consumers tighten their purse strings, retailers are facing a cold Christmas. Can global sourcing deliver the right goods at the price needed to entice the shoppers back?
‘Inventory is bad,’ says Dell’s vp, EMEA manufacturing and business operations, EMEA, one of the people who oversee the firm’s legendary direct to consumer model
At the end of August, we once again saw the power of natural events to disrupt the stability of the modern society we all take for granted. This time, even as we extended our sympathy to those involved in Hurricane Katrina, there was a chilling recognitio
