Browsing: Logistics & Supply Chain

Changing the logistics model can transform the prospects for an organisation. Take, for example, toy maker Lego. Over the past few years has been transforming its business centred on the supply chain.

Without good supply chain planning it’s hard to understand how any commercial enterprise can operate profitably – particularly so at present, with tight economic conditions placing a heavy emphasis on rigorous cost control

Cash is king at the moment and financing the supply chain is a key issue for companies, both large and small. A vital element in that is the role of the supply chain insurers which provide cover against the risk of not getting paid for goods and services.

Every supply chain professional worth their salt should be constantly on the look out for ways of improving supply chain performance – particularly so at the present time.

The motor industry has been at the forefront in the development of sophisticated supply chain concepts. Just-in-time deliveries and bespoke sequencing centres have both been refined in the industry.

Global sourcing has become a critical part of the supply chain mix, but with trade slowing having a clear understanding of supply chain costs is a top priority.

Sustainable sourcing and supply chains offer true competitive advantage, argue Jeremy Hammant and Alan Braithwaite of LCP Consulting.