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Is it Time for to Move Away from “World Class Supply Chains”?

NC State SCRC

An excerpt from our book “The Procurement Value Proposition” got a nice section of CSCMP’s Supply Chain Quarterly edition this week. As a young assistant professor at Michigan State University, I was part of a group called the Global Procurement Benchmarking Initiative, led by Professor Robert Monczka.

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The difference between supply chain and logistics explained

Unleashed

The life of coffee begins with growers in the likes of Brazil or Vietnam. Some basic supply chain and logistics KPIs you should be measuring — or using a Business Intelligene tool to keep track of. A lean business looking to build efficiencies would do well to try and improve this metric. E.g. 35 DOI + 31 DOR = 66.

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Essential Skills for Supply Chain Leaders in Asia during Pandemic

The Logistics & Supply Chain Management Society

Table 1: Supply chain design and strategies during pandemic Prior to the pandemic, supply chain strategies were primarily focused on cost-saving measures, employing lean management principles. The ability to quickly and effectively address issues and devise innovative solutions is instrumental in maintaining smooth operations.

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36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

Foxconn execs cite Belkin’s widely recognized brand name, strong sales channel presence and growth potential, as well as its best in-class capabilities and solutions, as primary motivators for the acquisition. The company’s growth, driven by customer demand, is supported by a lean business model.