Let’s start with the good news – growth is back on the agenda after one of the toughest years on record, and the new year promises to bring new supply chain opportunities – along with a few challenges.
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It sounds like a nice little Christmas gift – £110 billion. Consultants Booz and Company calculate that this is how much excess working capital is sloshing around in British companies.
Last month business secretary Lord Mandelson announced, with something of a fanfare, the creation of the new Automotive Council. But linked with it was another announcement that predictably attracted rather less publicity
As more than eighty heads of state jet in to support the Copenhagen climate change summit this week, few can be under any misapprehension that carbon reduction is falling from importance.
What is standard delivery? It would be natural to assume that there is common understanding of the terms and costs. Certainly, it would be help to customers if there was an agreed definition.
Supply chain collaboration will be a key theme of industrial activity over the next ten years, according the UK’s Confederation of British Industry.
The European Supply Chain Excellence Awards, which took place on Thursday, broke all records this year – more entries than ever before, more companies making it to the shortlist, and more people at the Awards dinner than ever before.
If nothing else, this recession has emphasised the critical role supply chains play in the smooth running of the economy. As credit became more scarce, so buyers had to become more creative, and indeed, more supportive, of suppliers in order to secure the
“We’re now seeing the downside of years of outsourcing, extended supply chains and focus on core competency; organisations are now much more vulnerable to supply chain disruption than in the past.”
Any discussion of supply chain strategy these days simply has to include risk management. The question is, are you managing the right risks?
