Tag: supply chain optimization

Understand how your business objectives set the pace for network design optimization.
supply chain optimization

Supply Chain Optimization through Visibility

For many organizations, a rear-view perspective on supply chain disruption reveals opportunities for course corrections that might prevent costly missteps or customer service failures in the future. Hindsight is always clear, and under normal circumstances, disruption cause-and-effect analysis is integral to process change and optimization of your supply chain network.

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The Bullwhip Effect: Managing Swings in Demand

All it takes is one flick of the wrist to create a violent “crack!” of the bullwhip’s tip. In supply chains, a wave of increasing magnitude can travel end to end across the network from a seemingly insignificant demand at the consumer level.

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Optimize Networks

Supply Chain Data Visibility to Plan, Adjust, Communicate

Supply chain visibility empowers you to reduce risk and improve customer service. That’s especially important in a period of widespread disruption, where the availability of real-time information can facilitate network planning, demand-driven adjustments and rapid communications to customers.

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Business insight

7 FAQs Answered with Supply Chain Visibility

Organizations that invested in supply chain mapping are more successfully managing COVID-19 disruption thanks to greater awareness of their demand response networks. Based on multiple layers of information, supply chain mapping and contingency planning grants real-time access for businesses facing disruption.

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Improve Visibility and Planning

The Relativity of the Supply Web

In Albert Einstein’s famous equation “E=mc2,” both energy and mass are replaceable with one another. But the constant measurement of time cannot be changed.What he essentially confirmed for generations beyond him is the inherent value of time. We cannot slow down time, nor can we control the passing of time. We can change how we react in the present, and use lessons learned to affect chain reactions as they happen in time.

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Improve Supply Chain Visibility and Planning

Supply Chain Visibility Needs Determined by Business Objectives

For many organizations, a rear-view perspective on the COVID-19 pandemic reveals opportunities for course corrections that might have prevented costly missteps or customer service failures. Hindsight is always clear, and under normal circumstances, disruption cause-and-effect analysis is integral to process change.

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Increase Profitability

Engineering and Analyzing the Supply Web

No matter how you manage it, transformation always comes with costs. When moving from a single, lowest-cost supply chain source to a supply web of primary and alternate sources supporting multiple options to satisfy customer demand, your company will experience new cost challenges from across the developing network.

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Optimize Networks

Building Lasting Data Partnerships in the Supply Web

The term supply chain dates back to only 1982. In an interview with Financial Times, British logistician Keith Oliver introduced the ideas of “supply chain” and “supply chain management,” identifying them as: “the process or planning, implementing, and controlling of the supply chain with the purpose to satisfy customer requirements as efficiently as possible.”

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network optimization

How the Global Supply Web is Taking Over for Supply Chains

For centuries, we have all relied on supply chains to deliver critical goods. The best example of this comes from the story of Marco Polo. After traversing the “Silk Road” and establishing a supply chain between Asia and Central Europe, he wrote “The Description of the World,” inspiring future traders to follow in his footsteps.

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