StepByStep Index
5 Steps to Effective SCM Forecasting
Follow this five-step approach to help your organization generate better forecasts. The benefits of better forecasting include reduced inventory levels and better customer service through higher in-stock rates.
Warehouse Coaching for Success
Coaching your warehouse employees to improve performance is a process that requires constant attention. Supervisors and other warehouse management must be visible in the warehouse in order to communicate expectations effectively. Only when these expectations are reinforced on a daily basis will increased productivity performance be sustainable.
Logistics Information Systems
With the advent of greater computing power that is becoming more and more cost effective, logistical information systems have been flourishing. But the question remains: how much information technology is enough? IT systems can be broken down into four areas: Transaction systems; management control systems; decision analysis systems; and strategic planning systems. Each area contributes to an organizations competitive advantage.
Mapping Your Supply Chain Risk Profile
Supply chains are becoming more and more vulnerable. The reason? Globalization as trade barriers are removed among countries, the trend towards outsourcing non-core operations, the reduction of the number of suppliers in an effort to drive more cost efficiencies and centralized distribution practices. It is becoming more and more crucial to map your supply chain risk profile to mitigate future risks.
Creating a Logistics Strategy
Understand what drives the logistics strategy of the firm. Learn how to identify the gaps between actual performance and expected performance. Develop a strategy based on key drivers.
