By David Blanchard
Research what it takes to advance and feature a "best-in-class" offer chainThis new version exhibits you ways to construct provide chains that paintings by way of illustrating how prime businesses are doing it. choosing world-class offer chains in additional than a dozen assorted industries and explaining intimately how those businesses received to the place they're, this crucial booklet unearths the confirmed suggestions, ideas, and function metrics utilized by prime businesses to layout their prolonged organisations. Identifies confirmed innovations, suggestions, and function metrics for offer chain administration top perform benchmarksShows tips to deal with offer chains in a world industry and the way to settle on third-party providersNew variation comprises new chapters on eco-friendly provide chains and lean provide chains, and increased research of rising technologiesIncludes assurance of provide chain metrics, making plans and forecasting, procurement, production, transportation, globalization, customer support, collaboration, safety, and group managementWritten by way of the Editorial Director of Penton Media's offer Chain staff and a Contributing Editor to IndustryWeek magazineIt additionally bargains suggestions at the most recent expertise, eco-friendly provide chains, going lean, the right way to opt for third-party logistics services, and the way to regulate the provision chain in a world surroundings.
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Extra resources for Supply Chain Management Best Practices, Second Edition
And Wall Street responded promptly, as Nike’s share price dropped 19 percent when the glitch was announced. How to Prevent a Supply Chain Heart Attack Now, here’s an example of how sabermetrics-style supply chain analysis can frame Nike’s problems as part of a trend that goes far beyond the apparel industry. 4 These problems included things like inventory write-offs, parts shortages, shipping delays, and the like. The researchers then tracked the price of these companies’ stocks one year before and two years after the announcement.
Once it became aware of these problems, Nissan quickly responded by improving its supply base. “Today, Nissan employs sophisticated Supply Chain Metrics 35 benchmarks for every partner doing business with them. Any partner that fails to meet established standards is notified of corrective action that needs to be taken,” Morgan notes. It took more than just benchmarking to effect these changes, of course. For one thing, Nissan expanded its closely held supply base to include global component suppliers.
2 The reason for outsourcing so much of the production work is the realization that the best process skills in aerospace oftentimes lie outside Boeing’s factories, says Mike Bair, vice president of business strategy and marketing for commercial airplanes and former head of the Dreamliner program. The new plane would involve not only a new supply chain plan but also the development of lightweight composite materials and fuel-efficient engines, new production processes, and an interior architecture that would set new standards for passenger comfort.