Industries are facing more diverse challenges from consumer demands. Technological advancements are creating a revolution in the way products come to market. An ageing workforce is contributing to a talent shortage in Supply Chain. Now, more than ever, Supply Chain professionals are fighting some pretty epic battles.
Right at the peak of the summer patio, BBQ and cottage season, empty shelves at LCBO stores are getting consumers up in arms. What Supply Chain lessons can be learned?
Keeping track of your business can be challenging in the modern age. You’ve got suppliers to negotiate with, payroll to calculate and every aspect of your supply chain to monitor. A production plan can help you navigate all of these variables by laying them out in a neat and tidy list. If you haven’t created a production plan yet — or are looking for ways to improve the one you already have — here are some quick and easy tips to help you optimize your program.
For a considerable portion of my career I have worked in the Manufacturing and Logistics/Distribution Industries. In these industries a segment of the Procurement organization is called Commodity Management.