SUPPLY CHAIN

Revinson Martin

Supply ChainSupply Chain

people

organizations

technology

activities

information

resources

suppliers customers

Supply Chain Cycle

MarketingMarketing

Companies best interest is to predict level of conducting research to help identify potential markets and forecast projected sales

Product DesignProduct Design

Specifications and materials required for efficient and cost effective production are decided upon

Prototype design and testing

SuppliersSuppliers

Provides raw materials and components that will be used to make the finished product

ManufacturingManufacturingProduction lines are developed to transform

raw materials to finished goods

LogisticsLogistics

Entails planning, coordination, and execution required for distribution to the customer.

CustomersCustomers

Depending on the product the customer can be a wholesaler, retailer, or consumer.

Reverse LogisticReverse Logistic

Data and feedback that manufacturers can use to improve their products

4SStepsto improve

upply CHAIN

Step 1: Increase trust amongst vital links in the supply chain.

Every partner added to the supply chain must be advised of key processes to ensure they fit naturally in the chain.

Involve employees in the processes, educate them on your systems, and request feedback on how to improve the processes.

Step 2: Increase the exchange of information.

Get rid of Excel. For high level data, Excel can’t provide enough information on the supply chain or help you to make key decisions at scale.

To help track your products use:-RFID-Voice Picking-SMS-Warehouse automation system-Warehouse management system

Step 3: Manage the supply chain as one overall unified process.

Cloud based supply chain system can help to reduce costs and allow for faster access to key data across the supply chain.

Not everyone will not be in front of the computer, but most people will have their phone, so use SMS messaging to reach everyone at once when you have an important announcement.

Step 4: Identify and implement radical transformation for added value.Your supply chain is only as strong its weakest link, so any underperforming system must be changed. For example if the server don’t have 100% uptime, then upgrade it.

Don’t be afraid to remove or change the suppliers if they do not add value. Be ruthless, to get the results and don’t wait for the suppliers to make errors as by then it’s too late.

Refining and reinventing your supply chain can increase profits, reduce wastage, and improve customer satisfaction.

No supply chain is ever perfect and there are always steps you can take in order to deliver improved performance.

References

Supply Chain Cycle. http://www.youtube.com/watch?v=DXxCPgJ75QY&feature=related

The smarter supply chain of the future. http://www.youtube.com/watch?v=FY6tgqEc1qo&NR=1

Global Value Chain. http://www.youtube.com/watch?NR=1&v=y3NbdwnKWIM

http://www.bain.com/publications/articles/management-tools-2011-supply-chain-management.aspx

http://www.scmr.com/article/driving_a_turnaround_in_tumultuous_times/

http://www.kinaxis.com/whitepapers/How-CIOs-Can-Improve-SCM.cfm

http://www.manufacturing.net/articles/2011/04/three-steps-to-improving-supply-chain-management

https://www.textmarketer.co.uk/blog/2009/11/bulk-sms/sms-gateway-reliability-the-chain-is-only-as-strong-as-the-weakest-link/