December 29th, 2011
In the new post-recession economy, companies discover the increased importance of supply chain management in overall financial success. The Global Chief Supply Chain Officer Strategy Report 2011 reveals the findings of the latest survey. Supply chain representatives said, "It's time supply chain executives were recognized and leaned on for the key difference their success can make to the largest business."
The majority of respondents believe their business considers supply chain important to business recovery, although this trend is more positive in North America than in Europe. The importance of supply chain to business is also reflected by the fact that 51% of companies either have a head of supply chain on the board or will within the next two years.
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NASA Goddard Space Flight CenterCategories: News
December 23rd, 2011
A new study from Boston-based Aite Group shows how insurers can drive real costs out of their claims process with good use of Supply Chain Management. The report, "Claims Supply Chain Management 2.0: moving From Cost Management to Service Delivery," says that insurers will be assisted using SCM to really make a mark in the claims process. The report from Aite Senior Analyst Stephen Applebaum states that Supply Chain Management is an opportunity to improve over the over-all customer experience and also the policy holder retention through great service delivery. Those supply chain vendors who are really looking for significant delivery service should learn to innovate and adapt their own service delivery that can bring an evolution in the supply chain management itself, as added in the report further.
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jbcurioCategories: News
December 19th, 2011
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paperdog2005Japan's auto industry is facing unprecedented supply management crisis after the country's biggest quake and tsunami. The supply chain has been disrupted owing to large scale power cuts and fear of further crisis in the nuclear power plant at Fukushima.
Japanese auto companies provide components to companies world over, and their troubles have created a caused a breakdown in supply chain, forcing companies like Ford and Toyota to close down their manufacturing plants are multiple locations.
Most of the plants producing auto components producing plants are located in locations worst-hit by the quakes, sparking fears that the supply chain crises may last months. A single car need over 20,000 discrete components and even the lack of a single component can derail the production process. This supply chain crisis is estimated to have affected productions of over 260,000 cars.
Categories: News
