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On Supply Chain

Supply Chain Risk – When Disaster Strikes

When Disaster Strikes
I am prepared for the worst, but hope for the best – Benjamin Disraeli Even in the best of relationships, things can happen that are outside of your and your supplier’s control – i.e. weather, financial downturns, labor disputes, etc. In order to minimize the supply chain risk, have plans in place to source components from multiple suppliers (in multiple locations) and consider possible substitut...

Supply Chain Risk – Supply Side

supply side management
In this post I am going to discuss the supply chain risks that exist outside a company’s walls – i.e. risks with the suppliers of services, of raw materials, of components, of finished goods, etc. These are the risks that we have control over and can plan for. Stuff-In-A-Box Wants it All They believe that they deserve and can get the best quality and the best price in the shortest time-frame. Th...

Supply Chain Risk – Taking Care Of The Basics

supply chain
It Starts With You In the recent piece on the Overview of Supply Chain Risk, I listed events that could both delay and disrupt the delivery of product. These events typically result in hits to a company’s bottom line – let’s call our company Stuff-In-A-Box for the sake of this discussion. Stuff-In-A-Box has been seeing some significant cost increases and revenue losses due to factors they believe...

Supply Chain Risk – An Overview

supply chain
 Supply Chain Risk To recognize and manage risk in your supply chain you must first become familiar with some common and some less common events that can cause delays and more serious disruptions. Whether you work with single suppliers or a group of them to produce your products, risks from economic instability to natural disasters can affect your business. This post is a first in a series that w...

Q & A – The Small Business Supply Chain

supply chain
What’s a supply chain? Investopedia* defines a supply chain as “the network created amongst different companies producing, handling and/or distributing a specific product. Specifically, the supply chain encompasses the steps it takes to get a good or service from the supplier to the customer.” Supply chains can be very simple and others can be highly complex networks. When the NUMMI auto plant...

Supply Chain And Logistics Management

supply chain
The definition of Supply Chain is the sequence of organizations or operations that work together to design, produce, and deliver a product or service to a market, extending from the extraction of raw materials to the distribution of finished products or services. The chain is further extended when returns and repair functions are added and is anchored by infrastructure. Logistics is the part of th...

Supply Chain History And Future

supply chain
In 2010, Dan Gilmore - Editor-in-Chief of the Supply Chain Digest put together a list of the top Supply Chain innovations of all time.  With innovations since then, one can't help wondering if any of the new 'disruptive' technologies will bump any of Gilmore's top 10 off the list.  What are your thoughts? The Top 10 Supply Chain Innovations of All-Time The Toyota Production System P&G's...