Creating Supply Chain Value w Cycle Time Inventory Yield - Part 1
You might have heard the oft repeated caveat - Truth in Advertising... What I knew vaguely was cleared up quite easily by running a google query - that there are actually truth-in-advertising rules that apply to advertisers, courtesy of the FTC. Here's the link to the FAQs concerning truth in advertising.
So, what about truth in supply chains? That's what Thomas Craig sort of has in mind in his article Creating Supply Chain Value w/Cycle Time & Inventory Yield published earlier this month at webpronews.com.
Read the rest of the article at the sister site here.
Supply Chain Meets Risk Analysis
In today's business world, managing the risk that businesses are exposed to on a daily basis is getting the much needed buzz - it's called supply chain security sometimes and supply chain risk. An article in InformationWeek.com - Supply Chain meets Risk Analysis, highlights one such adoption of risk management techniques for a real world supply chain.
Elena Malykhina is the author of the piece,
Wall Street's hedging and risk-management techniques now can be applied to help manufacturers optimize capacity and sourcing decisions. Vivecon Corp. last week added two applications to its Supply Chain Risk Management suite: Strategic Component Supply Manager, which quantifies risks and helps manufacturers develop hedges against unpredictable swings in demand, and Tooling and Capacity Manager, which assesses likely demand for a product and monitors market acceptance.
More here at the sister site:
Supply Chain Meets Risk Analysis
