Sales & Operations Process Improvement
16 Critical Supply Chain Decisions

January 2013   
In This Issue
Process Improvement Forum
Mitch's Ph.D Update
16 Critical Supply Chain Decisions
Greetings!

 

I think most of you know that I am pursuing a Ph.D in Supply Chain Management at the University of Missouri and at the same time I am working with our Clients. This allows me to learn high level supply chain concepts and implement at the same time... which is a real bonus for my Clients and for me as a person who loves Supply Chain Management.

 

I thought I would use the e-newsletter to share with you 16 critical Supply Chain Management decisions that companies make either by design or default.  I will be writing summaries of these 16 critical decisions over this coming year.   

 

We are here for you, so if there is an area of interest just call (314-406-4962) or email (mitch@supplyvelocity.com) and we will provide more information to help you reduce costs and profitably grow sales.


Sincerely,

The Supply Velocity Team
Mitch, Ray & Cyril
Cyril at Process Improvement Forum Process Improvement Forum at Unico

Last month we hosted 29 Clients for a Process Improvement Forum.  Out Client, Unico, hosted the group at their facility.  They reviewed their journey and gave a tour of their environmental systems production facility.  You may be able to make out my partner, Cyril, reviewing Unico's journey on a Gantt chart. 
Mitch's Ph.D Update 

As many of you know I am taking the Supply Chain Management Ph.D Comprehensive Exam this week.  I should hear back in a few weeks, with (I hope) good news that I passed and can move onto the dissertation phase of the degree. 
16 Critical Supply Chain Decisions

Over the next year I will be writing summaries of each Critical Supply Chain Decision.  If you want me to cover one topic ahead of the others just call or email me at 314-406-4962, mitch@supplyvelocity.com.  I will also be writing detailed white papers (that will be located on our web site) that support each enewsletter for those that want a deeper dive.  Click on the link to get a pdf of this list.    

  • Reducing variation in the Supply Chain  
    • The Bullwhip Effect / visibility of inventory and demand in the supply chain
  • Choosing the best Supply Chain for your Product
  • How Information Technology is used in SCM to reduce costs and increase sales
    • Work-flow technologies
    • Improve visibility of inventory and end-customer demand
    • New business models to increase sales
  • Trust and Collaboration with Supply Chain Partners
  • Optimization Methods to help management make decisions about:  
    • Network design / facility location
    • Inventory quantities
    • Routing trucks
    • Transportation modes
  • Aggregating data to reduce variation of data used in analytical models
  • Using simulation to evaluate systems and decisions under uncertain conditions (demand, material process, operating costs, supply, etc.
    • Discrete event simulation
    • Monte Carlo simulation
  • 15 Strategic Choices to consider when designing your Global Supply Chain
    • Postponement
    • Consolidation
    • Leanness
    • Agile
    • Adaptability
    • Flexibility
    • Speed
    • Responsiveness
    • Collaboration
    • Hedging
    • Diversification
    • Redundancy
    • Value Contribution
    • Core Competency
    • Differentiation
  • Using Statistical Models (regression, logistics regression) to improve Supply Chain decisions
  • The importance of Economies of Scale in:
    • Transportation
    • Warehouses
    • Factories
  • Aligning Suppliers - Operations - Customers
    • Working with the right suppliers
    • Optimizing operations
    • Serving the right customers
  • The Hierarchy of Strategic - Tactical - Operational Decisions
    • How strategic (long-term) decisions affect tactical (medium-term) decisions
    • How strategic and tactical decisions affect operating (monthly-weekly-daily) decisions
  • Blending Qualitative and Quantitative decision making to optimize outcomes
  • The Best Supply Chains are Agile, Adaptable and Aligned
  • Supply Chain Performance Measures
    • Boundary-spanning measures that go beyond one firm's success
    • Incenting the supply chain to succeed
  • Using the "Ideal" Lean Scorecard to Assess Opportunities for Improvement