Supply Chain and Logistics Blog
Reverse Logistics Management for Supply Chain Cost Reductions
Product returns—those sneaky, furtive entities which quietly work their way up your company's supply chain, scuttling—often unnoticed— from one backwater to the next and stealthily eating away at your bottom line. Without a dedicated management focus, reverse...
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Supply Chain School – They didn’t like the name…
Well at first they didn't mind. But after a while they started coming up with suggestions for a new name. You see, when I established Supply Chain School in late 2012, we expected it to appeal mainly to those very new to the Supply Chain industry. So Supply...
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Supply Chain and Logistics Conference with a difference!
The more traditional Supply Chain and Logistics Conferences fulfill a certain need. I'm a great fan of them and have attended and spoken at hundreds over the years. But sometimes I'm left yearning for a little bit more. More of what you might well ask. ...
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Package Your Way to Supply Chain Cost Reductions
Many articles on the topic of supply chain cost reduction have been written, most of which are understandably focused on issues such as inventory levels, network design, process efficiencies and supplier management/relationships. What do you do though,...
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I think Giving feeds the Soul
I see a lot more giving these days. And more thought for those in need. Which is a wonderful thing. And I'm plotting to boost our own efforts in a big way. Bear with me...... I reckon that I must be a very slow learner or maybe a bit brainless, or maybe a...
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Cost Reduction in Supply Chains by Opportunity and by Design
When customers step up pressure on prices and when economic growth flattens or dips, a supply manager’s mind turns to cost reduction. Or rather, it turns even more to cost reduction, as squeezing out savings that then show up directly on the bottom line is a...
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3 Guiding Principles for Sustained Working Capital Reduction
Working capital reduction is something which companies often overlook until tough financial times threaten solvency. When those times arrive, working capital reduction efforts are often frantic and centred on formal or informal extension of payment...
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How to Target Cycle Times for Working Capital Reduction
Cycle times in the supply chain have a large part to play in your company's working capital. The ability to reduce inventory levels is only one of a number of reasons to target cycle times as a way to reduce your working capital needs. Moreover, improving cycle...
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3 Things to Stop Doing If You Want To Reduce Working Capital
As a novel change to sharing tips on what to do, I thought I'd continue this month's focus on working capital reduction with a post on things you might consider doing less of or even not doing at all. More specifically, this post delves a little into three...
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Don’t Let Inventory Levels Bloat Your Working Capital
Did you ever hear that phrase about "never work with children or animals"? Sometimes I think that short list of hard-to-control entities should be amended to include inventory. For something that sits on a shelf until somebody moves it, inventory seems to have...
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