Supply chain and manufacturing: Focus on three “Vs” to improve manufacturing supply chain management Visibility, variability and velocity. Focusing on these three factors is key to increasing the effectiveness of any company’s supply chain. Unfortunately, many aerospace and defence manufacturers may not realize they have a problem in these areas if they don’t have the…
THE USE OF THIRD PARTY LOGISTICS SERVICES The importance of logistics and supply chain management is increasing in manufacturing companies as they are sourcing, producing and distributing across the world and hence managing their supply chain is getting very complex. However, outsourcing logistics activities such as transportation, warehousing, inplant material handling and other value-added services…
The supply chain is a very important part of the total value chain of a company and a significant source of competitive advantage. Business leaders have come to understand that their supply chain is the backbone of their business and an enabler for their business strategy. Organisations are moving away from focusing their supply chain…
