Why we are qualified to Article?Over the last three decades we have led and worked on more than 500 projects in supply chain transformation in dozens of industries and countries.VERY FEW PEOPLE KNOW SUPPLY CHAINS LIKE WE DO – Retail, beverages, food, milk, dairy, meat, livestock, explosives, chemicals, cotton, rice, graphite, solar power, natural gas, crude
Why we are qualified to write this Article?Over the last three decades we have led and worked on more than 500 projects in supply chain projects in dozens of industries and countries. VERY FEW PEOPLE KNOW GLOBAL SUPPLY CHAINS LIKE WE DO – Retail, beverages, food, milk, dairy, meat, livestock, explosives, chemicals, cotton, rice, graphite, solar power,
In the supply chain, the commodity and services generally flow downstream from the origin to customer point of consumption. There is also a backward flow of materials, mainly related to product returns. For some people, product flow is the only flow, or at least the primary flow that gives rise to all other flows in
Each silo measures the success of the S&OP process differently Sales might believe it is successful if it manages to “hoodwink” the production to produce so much that there is no likelihood of stockouts. On the other hand, production might believe that making sales acknowledge the past forecast inaccuracies was its biggest success in the
It is a scary trend – and one index after another is confirming it. Container freight rates nearly doubled last year, and then doubled again in the first four months of this year. In some sectors the freight rates have gone up by as much as TEN TIMES. But, that is not all.
Digital supply chain twin and Augmented reality (AR) are the current experimental models that are under development for aiding the supply chain management using artificial intelligence. Technological and social trends Technological and social trends are colliding to create a perfect storm for development of AI in supply chains. COVID-19 has made remote work a norm.
Almost all the current applications of AI in SCM are in the following three areas: Supply Chain Automation: after automation of the factories now it is the turn of the warehouses and eventually the trucks to give way to robotics. Although the current applications are still mostly in the experimental stages, the time is not
S&OP brings together two disparate but essential mechanisms to look at an even bigger picture. On One Hand, Demand Management Is The Art Of Maximising Revenue Achieved Out Of A Pool Of Customers And Products In A Given Period. The key questions asked are which customers to serve; where; with which products; at what price,