Supply Chain Strategies for Success
If there is one area that changes on a seemingly daily basis, it is your end-to-end supply chain.
If there is one area that changes on a seemingly daily basis, it is your end-to-end supply chain.
Have you put thought into your decision-making process before decisions must occur?
Those who leverage trends surpass the competition. Will you be one of them?
By collaborating, we create a win-win-win. The customer has what he needs when he needs it without having to go out of his way and deviate from his typical process. The supplier has information in advance about an upcoming event and so can modify plans as appropriate to better serve his customer at the lowest inventory levels and maximum efficiency levels.
Think about one of your products or materials. What does your supply chain look like?
Lisa Anderson will speak to APICS 2015 attendees from manufacturing, operations, distribution and supply chain on Priming Your Supply Chain for The Amazon Effect
Vendor Managed Inventory (VMI) offers companies a chance to partner with customers to better manage inventory and costs. Once the partnership proves fruitful, expanded business opportunities occur.
Although evaluating your supply chain readiness is paramount to support growth, there is no reason to wait for your customers to request an audit.
Though reducing inventory is generally advisable special situations arise when stocking inventory makes good business sense.
Must you compromise quality for speed? Reducing lead time will increase customer satisfaction and avoid the Amazon Effect.