As one who drives the Los Angeles freeway system on a daily basis, it is obvious we need improvements; however, we also do not have time to deal with anything but a quick delivery of these improvements.
I took the APICS CLTD (certified in logistics, transportation and distribution) exam yesterday (and passed!); therefore, I have been knee deep in logistics topics this week.
According to the Chartered Institute of Procurement and Supply (CIPS) risk index, risk is the highest since 2013. It is easy to become complacent. Are you adding risk into your supply chain conversations and plans?
Whether outsourcing, insourcing or near-sourcing or a combination of all three, manufacturers need to reassess their strategies to measure risk and ROI.
Your supply chain is only as strong as your weakest link so you must develop your employees and find ways for them to work together more effectively.
It is wise to stay on the leading edge of what is of such critical importance to manufacturers, distributors, logistics providers and the economy.
At first glance, it seems a bit challenging to figure out what can be done in a week. However, since the global supply chain is all around us, it isn't that hard after all.
No matter what you think in terms of politics and the like, it is imperative that you understand global impacts.
The first step to navigating the global marketplace is to be aware.
Sometimes inventory problems are people problems.
