A supply chain is a network of facilities that procure raw materials, transform them into intermediate goods and then final products to customers through a distribution system. It refers to the network of organizations, people, activities, information, and resources involved in delivering a product or service to a consumer.
ByTED
Curious journalist, Rose George looks deeply into topics that are unseen but fundamental, whether it’s sewers or latrines or massive container ships or pirate hostages or menstrual hygiene. In this revealing TED talk, we are reminded of how almost everything we own and use, travels to us by container ship. This happens through a vast…
I see many questions asked regarding the development of a BE /OE/CI/LSS (Business Excellence Operational Excellence/Continuous Improvement/Lean Six Sigma) program. There is no right or wrong answer since every business is different. However, I wanted to share my experience, thoughts and some options as it relates to multi-national organizations. Hopefully you will find them useful….
I believe it might be safely said without debate that the most important date in the history of Supply Chain and Logistics is April 26th, 1956. This is the date that the SS Ideal-X set sail from the Port of Newark in New Jersey (USA). Five days later, when it arrived in the Port of Houston in Texas (USA), marked the beginning of…
People are naturally seduced by a “deal”. We gravitate to signs in stores and on billboards that proclaim, 50% off” or “Buy-one Get-one”. We like to think that we are paying far less for something that we have a right to – that somehow we got the “better” of our opponent. We take a smug…
Recently, whilst working with the Global Planning Team of a major oil company, we were asked, “What is the cost of complexity and what is the effective range on this cost?” At one level, the answer is easy; “It is the cost associated with having more than one customer and product. The more complex the supply chain,…
Operational Excellence in hard times – a distraction or an imperative? The crash in the economy is requiring everyone to re-evaluate their position and make decisions on what they need to do differently. For many, it will require a fundamental re-thinking of how to go about business; the challenge is to plan and ride out the…
