Supply Chain Management Blog
Business moves fast. Very fast. Supply chains need to move even faster. But a siloed supply chain will slow down your company, frustrate your customers, and ultimately waste resources and lose business.
In order to maintain a healthy and successful supply chain, proper inventory control must be the main component of your business operations. As many companies experience ebbs and flow with material suppliers and customer demands, maintaining control of your product inventory in real time will ultimately ensure that the business decisions that your company is forced to make on the fly are both educated and anticipated.
While it is sometimes considered an afterthought – especially within the supply chain – sustainability can play a major role in the criteria that helps a manufacturer determine what solution providers to work with. As customers continue to request information from suppliers, partners and vendors about their environmental, social and compliance-related capabilities, there is no better time than the present for these to become more of a priority.
As many of you know, corporate social responsibility and sustainability have been at the forefront of our agenda here at ModusLink. Over the last few years, we’ve instituted a number of processes like our 4-D methodology for assessing new and existing supply chain operations and our sustainable packaging initiatives.
There was a time, not so long ago, when packaging was simple. Brands created products, stuck them in boxes stuffed with an obscene amount of Styrofoam peanuts or bubble wrap, then sent them off along their distribution path. As long as products arrived at their final destination intact, the shipping process was considered a success.
Anything that involves the production and movement of massive quantities of widgets from one place to another (or, as is the case more often than not, from one place to many others), also involves the use of natural resources. Carbon will be emitted, fossil fuels will be burned – there is simply no escaping this fact and it’s one of many reasons that energy efficiency has long been a hot button in the supply chain world.
Summer Assessment of Your Supply Chain Operations – Part Two: 5 More Ways to Improve Supply Chain Operations
We discussed earlier that while some view summer as a time when things at work tend to slow down, those of us in the consumer goods industry begin ramping up in preparation for the back-to-school and holiday buying seasons. The upcoming increase in demand can be a great time to step back and take a look at your supply chain operations to make sure they are running as smoothly and efficiently as possible.
Summer Assessment of Your Supply Chain Operations – Part One: 5 Ways to Improve Supply Chain Operations
While some view summer as a time when things at work tend to slow down, for those in the consumer goods industry it often becomes time to ramp up in preparation for the back-to-school and holiday buying seasons. With the upcoming increased demand, this can be a great time to step back and take a quick look at your supply chain operations to make sure they are running as smoothly and efficiently as possible, before you ramp up operations.
We live in an increasingly real-time world where the idea of instant information directing our actions and decision-making has seeped into nearly every aspect of our lives – transforming the way we live.
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