Download Supply Chain Management Best Practices, Second Edition by David Blanchard PDF
By David Blanchard
Examine what it takes to improve and feature a "best-in-class" provide chainThis re-creation indicates you the way to construct offer chains that paintings by way of illustrating how major businesses are doing it. making a choice on world-class provide chains in additional than a dozen assorted industries and explaining intimately how those businesses bought to the place they're, this crucial booklet finds the confirmed thoughts, ideas, and function metrics utilized by top businesses to layout their prolonged corporations. Identifies confirmed suggestions, ideas, and function metrics for offer chain administration most sensible perform benchmarksShows how one can deal with provide chains in an international industry and the way to decide on third-party providersNew version comprises new chapters on eco-friendly offer chains and lean offer chains, and accelerated research of rising technologiesIncludes assurance of offer chain metrics, making plans and forecasting, procurement, production, transportation, globalization, customer support, collaboration, protection, and crew managementWritten by way of the Editorial Director of Penton Media's provide Chain crew and a Contributing Editor to IndustryWeek magazineIt additionally deals suggestions at the newest know-how, eco-friendly provide chains, going lean, how you can decide on third-party logistics services, and the way to regulate the availability chain in a world setting.
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8 Everybody’s Talking about Benchmarking Hyundai has recognized two crucial facts that many companies tend to gloss over when they try to evaluate their supply chain performance: (1) It’s important to benchmark your supply chain against your peers to get a real-world evaluation of how good (or bad) you’re doing, and (2) it’s just as important that you recognize the limitations of a benchmark. The biggest danger in benchmarking is assuming too much from any single study. Many benchmarking studies encompass companies and organizations of all shapes and sizes.
The new ETA is also automatically uploaded to Hyundai’s inventory management system. “In addition to being able to operate with leaner inventory, we use the dependable ETA for dealer customer service,” Kurth notes, adding that Hyundai has been able to reduce its inventory by two weeks. ” Chemicals: Finding the Right Supply Chain Formula The chemical industry has long been accustomed to maintaining large stocks and plenty of inventory in the pipeline. , though, a manufacturer of silicone-based products, that industrial legacy had to change.
3. They are transparent, have clearly stated performance expectations, and have a culture of accountability to their customers. 4. They are focused on continuous improvement throughout the supply chain and aim at peak-to-peak performance. 5. They know their strengths and their weaknesses, and participate in benchmarking activities. 6. They have an end-to-end perspective, focusing on the supply chain activities of plan-buy-make-move-store-sell (Tompkins’s tweak of the Supply Chain Council’s basic definition of the supply chain as plansource-make-deliver-return).