Manufacturing companies are undergoing a huge pressure to continually increase efficiency, productivity, lower costs, Net Working Capital and other KPIs. Strategies for doing so are many – lean strategies, improved forecasting and planning, closer supply chain collaboration to name a few. In this article, I will discuss the latter –
Tag: Connected supply chain
In fast growth markets like the Middle East, supply chain stakeholders are moving quickly to deploy instrumentation for greater visibility and better tracking. The move towards supply chain transparency is a big issue. But how will it be helped or hindered by the proliferation of the Internet of Things (IoT)?
In my new series of posts I will outline typical business problems from manufacturing companies that originate in uncertainty and explain how Analytics is an enabler for improved supply chain transparency, improved stability and – at the end of the day – improved profitability. The main objective for manufacturing companies
Welcome back to the market driven journey in supply chain management! The three earlier articles of this short series contained: The typical road to market driven forecasting – where companies go through three different levels of maturity before moving to being market driven Market driven forecasting – and the changes
Intuitively being demand driven indicates having a pull-based manufacturing system customer orders trigger sourcing and production activities. However – it is rarely the case, that this is possible – due to the long lead time this would cause. This article will point out the requirements to a market driven supply
The term market driven – or demand driven as some prefer to call it – refers to a situation in which the supply chain responds to the actual requirements of the market. It has been the utopia of supply chain planning for years, and the number of business strategies and