A Networkers Haven

Welcome to "The Future of Supply Chain" a blog dedicated to informing, conversing and learning about each other’s views. This is not a blog designed just for my benifit but for everyone that gets involved and contributes, networking is the prime goal. This is not a sale site, this is an education site. I want to see comments and opinions so we can all benefit from the discussions created here. Supply Chain's are complicated, and some believe boring but could any of us live without them?

So for all those that think they are interesting and want to see and learn what works, this is the place for you.

Comment, contribute and enjoy.

Thursday 1 October 2009

FIVE RULES OF SUPPLY CHAIN

Five Rules to Supply Chain

Below I have stated the five most important rules of Supply Chain according to me, please feel free to alter, add, change or remove to create your top five.

1. The location of inventory and inventory itself is of interest to everyone in the supply chain, therefore should receive investment from all sides, whether it be in time or software.

2. The customer is by far the most important aspect in the demand chain, delivering customer value is critical.

3. Keeping the flow of goods to the customer is of most value; therefore the need to be smooth, fast and reliable is crucial.

4. Reliability is of upmost importance, reliable lead times are more important than the length of them.

5. Insuring your supply chain is pulling its weight is important but if others in your demand chain are not performing everybody suffers. The customer is the end goal and should be everybody’s target.

Please create your own top five, enjoy and subscribe.

Chris

2 comments:

  1. An inefficient supply chain will include unnecessary steps that end up delaying the arrival of goods or cost the supplier more than it should. Without a proper logistical chain audit problems can go unchecked for years.
    chemical sourcing

    ReplyDelete
  2. Always perform forecasting to evaluate and eliminate the risks

    ReplyDelete