Archive – June 2017

Myth 2: Mistaking Functional For Healthy

  • Written by admin
  • June 20, 2017

One of the most pervasive myths in the world of business is that when it comes to supply chains, functional equals optimal.

Original equipment manufacturers (OEMs) tend to look at their supply network, see working processes, and assume the result is adequate. However, a passable supply chain and a healthy one are quite different: A working supply chain does a job; a best-in-class supply chain drives continuous value for its company. 

Myth 1: You Can Live Without Full, End-to- end Supply Chain Visibility

  • Written by admin
  • June 11, 2017

Not all businesses rely on a complex, multi-party supply chain. Some, smaller companies may run blind when it comes to their supply chain and somehow manage their day-to-day. But for more serious operations, management thinks they can make do with incomplete supply chain visibility — or worse, believe they understand their supply chains but have no coordinated system for viewing, searching, or tracking the orders traveling through their system — are in for a rude awakening. These are usually the businesses who brush off optimizations because they've "already figured it out."

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