Myth 7: In-house Is Faster and Cheaper

  • Written by admin
  • Aug. 7, 2017

It sounds beneficial, on paper, to keep processes “in-house” for any enterprise. In-house workflows would seem to correlate with greater control, and they leverage existing resources.

Myth 6: Bigger Is Always Better

  • Written by admin
  • July 31, 2017

Bigger is better. As a society, we’re exposed to this message on all sides, from the food we eat to the cars we drive to the businesses we work with.

Unfortunately, in the case of supply chain economics, this is not always true. While manageable growth is an indicator of health for any business, the complex nature of international supply chains changes the equation. Bigger and wider reaching supply chains may be synonymous with increased opportunity, but scaling this infrastructure presents many new challenges.

Myth 5: Cloud Is Less Secure

  • Written by admin
  • July 24, 2017

There are widespread myths about the risks of cloud usage, many of which are tied to common logic. If data is removed from our control and stored on a third-party server, how can we guarantee its security?

Myth 3: Your ERP Is the Center of the Universe

  • Written by admin
  • July 11, 2017

It’s easy to imagine your ERP system as the lifeblood of your supply chain. In our increasingly interconnected business world, modern supply chains often have numerous touchpoints representing a diverse network of vendors, suppliers, distributors, and transportation partners. The rise of ERP systems in manufacturing and supply chain provides a necessary way for businesses to manage their operations data and order history.

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."