Happy New Year! As we look back at 2015 from a supply chain perspective, digital supply chains seem to show up very prominently. In this blog, let us look at some of the trends in the supply chain space that came to be in 2015.
In the last few years, more and more people are getting involved in the field of supply chain. By some estimates, around 26% of all jobs are related to supply chain. With so many people involved in the supply chain, a good question to ask is this: How should one manage their supply chain career. This blog post sheds some light on the subject.
In my last post, I discussed how one should approach the calculation of ROI for a Supply Chain Planning Project. I provided some general guidelines on tangible versus intangible benefits, and also mentioned what to include or exclude in your final ROI calculations to be presented to management. In this post, I will discuss an
So you have been working with your team and possibly a few external vendors in order to get some improvements done in your supply chain planning. Perhaps, this has to do with buying software, or maybe it has to do with process improvements within your supply chain planning process. You of course want to get
I was recently exposed to the idea of thinking like a hedgehog (one big idea) versus the fox (a lot of different ideas). So what happens when people who are more like hedgehogs in their line of work, interact with people who think like a fox? I just happen to know two such groups: Business leaders
Steve Reichert retired from AkzoNobel after a successful career in supply chain with the company. We at Arkieva have worked with Steve since his Witco days in the late 90s and at AkzoNobel since the early 2000’s. This blog post is to celebrate Steve’s career and to wish him the very best as he starts
Producing and/or subcontracting in faraway regions can often lower the cost per unit in terms of labor and capital equipment investment. This supply chain strategy greatly increases lead times, the need for long range planning and increased inventory to cover demand uncertainty. A thorough evaluation should be made of the trade-offs of agile vs purely low cost supply chain strategies. The low cost solution might not be the best solution.
Recently, I experienced an earthquake during my trip to Taiwan. I am not sure but I think this was the first one for me. As it happened, you could feel a little back and forth movement. It lasted for a few seconds and then it was gone. While it caused some excitement (and concern) from
Most, if not all of us, know someone who has lost a bag during their travels. It happened to me recently. I was on a business trip to Taipei, Taiwan and the airline lost my bag on the way out. In this blog post, I will sharing my experience around losing and then being reunited
If you are running a manufacturing or distribution business, you have to deal with inventory. In supply chains, inventory acts as a shock absorber just like the ones in your car. If there were no shock absorbers in your car, you would feel every bump in the road. Similarly in a supply chain you would