With the ever-growing talent and competition in today’s fast-paced environment, everybody is looking for ways and opportunities to outperform their peers. If you want to enhance your skillset to further your knowledge and stay updated with the current concepts and technologies in the supply chain industry, you can consider getting a professional certification in APICS…
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Old industries are dying and new ones are rising. We have seen Amazon destroy the book stores, Uber transform the transport industry and Netflix make a video store a fond memory. Today’s technological disruption is fast and ruthless and it is transforming most of the industries. But I think we are behind supply chain if…
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Supply Chain modelling is used in industry since last three or four decades. Considering the broad spectrum of supply chain, no model can capture all aspects of supply chain processes. To compromise the dilemma between model complexity and reality, a model builder should define the scope of the supply chain model in such a way…
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Gone are the days when the supply chain department board was only about metrics, analytics and spreadsheets. Recent developments have made supply chain a core discipline in itself, which: Provide considerable leverage to positively impact the financial performance of the company Will allow more efficient utilization of working capital Will improve our abilities to support…
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Inventory management is a critical task of tracking the flow of goods in and out of the inventory. As an inventory planner/manager you want to ensure that your warehouse is carrying enough stock to fulfill customer requirements but also not crowding the warehouse by overstocking it. Every product has various costs associated to it like…
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Supplier partnership is commonly accepted view for last couple of decades. However, for the history sake I think it is worth writing about how traditional or old view was characterized, the key points were: There are many suppliers on the market, who can produce according to a certain specification. Neither seller nor purchaser is unique.…
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The importance of demand forecasting has been the topic of discussion in economics and valuable books have been written on it over the years. However, within the supply chain context there are three types of forecasting, which are: Demand Forecasting: This is the investigation of the companies demand an item or SKU, to include current…
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Logistics activity is literally thousands of year’s old, dating back to the earliest form so organized trade. As an area of study however, it first began to gain attention in the year 1900s in the distribution farm products1. Considering logistics is a broad, far-reaching function which has major impact on a society’s standard of living,…
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A good well-rounded Supply Chain Manager is always in high demand, but they are in scarce supply in my opinion! You just need to look around how many jobs are available with title of “Supply Chain Manager”. I have worked as a Supply Chain Manager for 5 years in two entirely different businesses and in…
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In order for firms to compete effectively and survive in the global market, they must maintain and build relationships with a capable and competent network of suppliers and extract maximum value through such relationships. To create and maintain such a network and to improve capabilities that are necessary for the buying organization to meet its…
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is a Manufacturing Operations, Procurement and Supply Chain leader from international multi-site manufacturing experience in Electrical, Hydraulics and Internet industries
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