Organisations are constantly facing new business challenges, undergoing profound change and being asked to shift direction in order to meet new and tougher customer expectations more than ever before.

We believe it is supply chains that compete, not Individual companies. The success and failure of supply chains are ultimately determined in the marketplace by the end consumer. Getting the right product, at the right price, at the right time to the consumer are not only the keys to competitive success, but also the keys to survival. Customer satisfaction is crucial for consideration when attempting to establish an effective supply chain strategy.

 

Supply chain issues are increasingly demanding. Production and distribution networks are increasingly complex and global. At the same time, risks across the supply chain have increased, and improved transparency is critical to the coordination of effective responses.

Here are three ways organisations can improve their Supply Chain:

1. Make your Supply Chain effectiveness a priority.
Supply chains are rarely aligned to support the business strategy. Functional teams often have competing priorities of supply and demand. The result can be lost sales, write-downs and discounts, the additional cost to ship and warehouse excess inventory and obsolete stock.

Technology giant Apple, has had the best supply chain in the world for the last four years. Why? When it comes to technology such as smartphones, tablets and laptops, inventory depreciates very, very quickly, losing 1-2% of value each week – Tim Cook – Apple CEO said: “inventory is fundamentally evil” he says. “You kind of want to manage it like you’re in the dairy business. If it gets past its freshness date, you have a problem.”

2. Incorporate your supply chain function into your core business strategies.
Marketing should tell you what your customers value most from your service, how those needs vary among customers and what will differentiate you from your competitors. Understand the Sales & Operational planning, alongside Demand and Forecasting. Meet the teams that work in these functions. Understand the challenges.

Whether the strategy of your business is offering customers a superior service, a better product, or reduced cost, ensure your supply chain is helping to deliver the key points of that strategy. Get your teams communicating more effectively so procurement is talking regularly across departments. Let there be visibility and clarity.

Good communication means that your supply chain and product-development functions can find ways to create innovative products that suit the needs of all those customer groups while keeping overall costs under control.

3. Keep innovating your supply chain

Change is constant. You cannot afford to keep still.

The times of managing the supply chain in separate tiers is over. Sophisticated data analysis enables companies to manage supply chains end-to-end and, in industries such as retail, almost in real time.

Appoint a single leader with responsibility for end-to-end performance and for delivering improvement projects across tiers and traditional functions such as marketing, manufacturing, and procurement. Make sure your supply chain organisation combines operational excellence with strong analytical capabilities and data driven, cross-functional decision making. Create analytical teams to support decision making and identify hidden risks and opportunities in unstructured data. Ensure your IT function is supporting them with nimble applications and platforms that enable collaboration and analytical decision making.

……….and make the time to develop skills , knowledge and expertise through training courses and attendance at thought leadership events to keep up-to-date with the latest research on best practice.

Supply Chain Academy can deliver efficiency in your global supply chain. As a resource for this industry we provide:

• Open & Bespoke short courses developed by leading Supply Chain experts at all levels
• Organisational Development using Insights® Discovery –personality profiling, which enhances personal team, leadership & sales effectiveness communication
• Techniques to ensure the learning that has been applied in your organisation demonstrates a real ROI
• Consultancy to improve your performance, profitability and customer experience identifying hidden costs and wasted resources

Our experienced experts help you:

• Improve quickly as our courses are focused on the practical application of new skills to your job
• Think and adapt to become self-reliant, self-aware and confident of success
• Develop, using the latest work-based learning techniques to become a more effective manager or leader.

More…..

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Logistics Awards Finalists

The 2017 Logistics Awards, organised by SHD Logistics, has announced the Uniserve Group as a finalist for the prestigious ‘Future Skills’ Award - in recognition of its work creating a first-of-its-kind Degree Apprenticeship in supply chain management. The Logistics...

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Representatives from the Supply Chain Academy and Uniserve recently spoke about intelligent vehicle monitoring / driver monitoring and behaviour at the North London Chamber of Commerce and Enterprise (NLCCE) forum event on 27th June. The Supply Chain...

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CP Training, the skills training and development arm of The Supply Chain Academy has been selected by the Aircraft Maintenance and Support function within BAE Systems, to devise and deliver its Supply Chain Career Pathway initiative. Following a number of joint...

MacAndrews Enjoy Workshop

The Supply Chain Academy recently held a successful ‘Personal Effectiveness’ workshop for niche supply chain and logistics company, MacAndrews & Company Limited, who are part of CMA CGM which is the third largest shipping container transport company in the world....

Another Boost For Faculty

The Supply Chain Academy have welcomed yet another industry leader to our cutting edge faculty, as Professor Edward Sweeney has joined the team to assist in our product delivery. Edward is Professor of Logistics, Head of the Engineering Systems & Management (ESM)...

40 Strong Trailblazer Meeting

More than 40 participants are due to attend tomorrow's Trailblazer Group meeting, which is being held and chaired by Universe Group at the Supply Chain Academy in Upminster. Attendees are arriving from a broad cross section of business, higher education and...

Supply Chain Executives Offer

The Supply Chain Academy are offering a promotional opportunity to executives for May; to try one of our leading edge masterclasses at an introductory price. The Leading Complex Change Through The Supply Chain masterclass would be extremely beneficial  to...

Darren Joins Our Faculty

The Supply Chain Academy were pleased to welcome Professor Darren Dalcher to our faculty recently, to assist in delivering our executive supply chain intuition and thought leadership products. Darren is Professor of Project Management at the University of...

Academy Courses Head North

The Supply Chain Academy is launching a range of courses that will be great news for northern based supply chain professionals, as they are being delivered at Leeds Trinity University. In conjunction with our ongoing partnership with Leeds Trinity, to develop the new...

Andreea Joins The Team

The Supply Chain Academy welcomed a new member of the team recently when Andreea Elefteriu joined as Training Manager. Andreea has over 20 years of experience in learning & organisational development (L&D) delivery and consultancy; gained while working with...

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