2023 Apr; Trust Me, I’m an Engineer
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Supercharged Supply Chain; Introduction
This podcast serves as a brief introduction of Supercharged Supply Chain, its mission, and its co-hosts, Ron Liebman and Joseph Paris. We share with our guests what the mission of Supercharged Supply Chain is and what we hope to deliver in our episodes. As any supply chain and logistics professional may know, and those who…
5 Keys to Establishing and Maintaining Optimal Target Inventory Levels
At a high level, a supply chain’s structure defines critical factors affecting optimal target inventory levels – factors such as replenishment lead time and variation, customer demand and variation, and replenishment frequency. Supply-chain structure is fundamental to optimal overall financial performance. Still, to achieve target service levels reliably with minimal inventory and expediting, we must…
Seeing the bigger picture: Where operations meets business
Those working on operational excellence are typically focused on optimisation, waste elimination, capacity utilization, process redesign and other operational challenges. This focus can lead to a lack of business perspective. How can operational excellence professionals keep the business in mind while making operational improvements? The business model canvas is one widely used tool. By laying…
Hunting credit, firms look beyond wary EU banks
Reuters reports that European Union banks have shrunk their loan books by over $5.5 trillion since the global crisis of 2007-08. This, in an attempt to cut risk on their balance sheets, choking off credit to companies and stalling the region’s recovery. As a consequence, businesses hunting credit are now forced to look beyond wary EU banks for…
Human Communication in the Digital Workspace
The effects of the global pandemic have been transformative on a scale and in a way not seen in most people’s lifetimes. Perhaps the most dramatic transformation is how quickly society, as a whole, has moved from engaging in close proximity to one another to being more distant; heavily relying on telephony and digitalization in…
What is supply chain inflation and why is it driving up consumer prices now?
The interconnectedness of global supply chains means that when one price goes up, others tend to follow. Increases in labour, energy and transport costs are contributing to inflation around the world, posing difficult policy challenges. Back when we could travel easily, a regular announcement at airports all over the world was: ‘The airline would like…