MIT Supply Chain Strategy is an independent newsletter published by IOMA with the mission to drive competitive advantage by linking corporate strategy and supply chain management. Its 12 issues each year shepherd senior executives from a broad cross section of industries and corporate disciplines through developing a strategy that defines how their supply chain should work.
The management of a company's lifeline— its supply chain—underpins its competitiveness. Organizations that understand this, and fuse corporate strategy and supply chain management to create a strategic asset become market leaders. Yet many enterprises—and otherwise sage business leaders—still fail to make this crucial connection. Supply Chain Strategy exists to help both leaders and laggards bridge the gap between supply chain professionals and the boardroom.
Sustainability issues have been overshadowed by the Great Recession over the last two years or so, but as a new report from the London-based Carbon Disclosure Project (CDP) underlines, supply chain professionals ignore environmental goals at their peril.
By Randy Fike
As a valuable source of competitive intelligence, suppliers can help you capture the efficiencies you need to achieve continuous improvement—provided you know how to nurture the kind of relationship that underpins such a collaborative effort.
The importance of supply chains in supporting corporate growth has gained wider recognition over the last decade or so, but less well-known is their role as drivers of economic growth.
An example is the dramatic increase in the number of logistics parks around the globe. By bringing logistics services together in strategic locations, these facilities give regions an edge in the competition for job-generating businesses. The ability to leverage supply chain expertise in this way…
The recession put a brake on investments in logistics technology and IT solutions last year, but in 2010, the prospects have brightened, according to the latest Logistics Technology report from information and services provider eyefortransport and software company Four Soft Ltd.
Product recalls are often traumatic affairs, but Toyota’s recent efforts to fix problems with its cars must be at the top of the Richter scale for recall anxiety. No doubt the automaker will go through a period of painful self-examination to pinpoint the cause of the problems, but there are some important lessons for the broader supply chain community as well. …
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