Hard to believe, but profitability hasn't been the driving force behind sales and operations planning within most businesses - until now. Gregory Schlegel, adjunct professor of supply chain risk management at Lehigh University, explains why.
Sweden's Höganäs AB, a producer of metal powders, implements a system to improve its access to market intelligence, plan for demand and optimize inventories, while ensuring just-in-time delivery to the assembly line.
Italika, the top-selling brand of motorcycle in Mexico, improves on-time delivery of parts sourced from China by changing port-to-port ocean routing and land transportation.
Growth in sales was making it tougher for the popular maker of premium ice cream to keep tabs on its production line. New software to ensure manufacturing quality was needed.
Rick Davis, vice president of business planning with Kellogg USA, makes the case for applying sophisticated demand-sensing capabilities to the planning and forecasting process.
Remember when words like "globalization" seemed to be enough to drive some folks into the streets in protest? Surely, most of us have accepted that business is the way of the world. That's especially true when it is almost as easy to do trade with someone halfway around the globe as it is halfway across town. Just look at how interwoven we are in world commerce.
It's more than just number-crunching. Lalit Wadwha, vice president of global supply chain operations with Avnet Electronics Marketing, lays out the fundamentals of supply-chain analytics.
Third-party logistics companies with experience in Mexico and strong partnerships with leading Mexican carriers and customs brokers can make cross-border shipping a truly seamless activity, says Dennis McCaffrey of XPO Logistics.