Decisions on what, how much, where, and when to stock product across the extended global CP supply chain directly impact corporate profitability, positively or negatively.
A new global survey of IT decision-makers by Dell Quest Software reports that 70 percent of companies believe bring-your-won-device (BYOD) will improve or already has improved their work processes and 59 percent believe they would find themselves at a competitive disadvantage without BYOD.
Sun Lieu, head of supply chain engineering at the Electronics Measurement Business Group of Agilent Technologies, talks about the supply chain challenges of a high-mix, low-volume business and describes Agilent's two-level supplier collaboration model.
Four years ago, Caribou coffee's supply chain was managed with spreadsheets. Their only method of gauging demand was the order-fill numbers of product leaving the warehouse - basic replenishment. The team knew they were missing a big opportunity - accurate visibility to drive a more efficient operation, right-size inventory, improved customer service, as well as the expansion of product sales. The supply chain team also knew they were faced with a lot of risk. Could they respond to demand variability?
Ikea Group, the world's biggest furniture retailer, will double its investment in renewable energy to $4bn by 2020 as part of a drive to reduce costs as cash-strapped consumers become more price sensitive.
After working from 2007 to 2011 to transform its own supply chain, Celestica took what it learned to the market, offering managed supply chain services that complement its contract manufacturing business. Erwin Hermans, vice president of supply chain solutions, explains Celestica's strategy.