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SCion : Thought Leadership in Supply Chain Management
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Supply Chain Risk Management and Sustainability
Modern Supply chains are facing increasing risk than ever before. In a recent study by FM global, more than 600 financial executives around the world found that respondents identified supply chain risk more than any other as the one with greatest potential to disrupt their revenue drivers. Increased outsourcing strategies as a result of cost pressures are bringing new sources of risk than were perceived before.
The new sources not only include the conventional perceived threats like political and economic risks etc. but also cyber attacks, failed communication with suppliers, terrorism and coping with the most important threat – the environment. Environmental responsibility is no longer a regulatory burden. It has become a business imperative. Rising energy and commodities costs are pushing companies to cut costs. Consequently, many senior executives are looking to their supply chains to deliver the breakthrough results needed to meet these expectations. This is where "green" sourcing can help companies for improving profitability while building a company's green credentials. ....
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Systems Dynamic Modeling for Incentive System in Reverse Logistics
Reverse supply chain for end-of-life products face a unique problem with respect to collection. In many cases, the used products are disposed without proper care by consumers as well as channel partners. But manufacturers have to adopt some kind of incentive system to get back used products from channel partners and consumers.
A system dynamics approach is used here to model the reverse supply chain network to capture the dynamics involved in volume of returns of used products, the buyback incentives, the external recycler offers, and role of channel partners. A case study on a battery manufacturer is considered for this purpose. The manufacturer is a manufacturer of batteries facing strong legislation from the government for recycling of batteries. The legislation directs each manufacturer to take the responsibility for collection and proper recycling of used batteries from customers. The manufacturer has a network of warehouses, franchisees and retailers to distribute new batteries. ...
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The Toyota Quality Crisis
The global quality crisis now hammering Toyota has launched a debate about whether the blame should be placed squarely on the company’s renowned system of supplier relations. In retrospect to the recent problems Toyota faces, we are forced to ask a very important question ‘How do I retain my Status as a global leader and innovator?’ Like all dynamic organizations, we are constantly faced with an increasingly competitive marketplace that demands high levels of quality customer service.
Is ‘The Toyota Way’ still the right way for a company that has grown so much in the past decade? The leaders of TFS recognized that the only way to ride the whitewater that is the constant state of business today is with a team that is not only rowing together, but also can anticipate the course ahead and make rapid, efficient course changes while on the move. Teams, and therefore companies, cannot rely on the traditional chain of command to remain competitive. Leaders must trust teams to make the right decisions and then empower them with that authority. ...
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Editorial Note
We are glad to connect with you through our Newsletters periodically to encourage a healthy knowledge sharing channel and keep you informed of Thought Leadership programs, Management Development programs and other events. ...
- News and Events
- The Supply Chain and Logistics Group (SCLG) has announced plans to host its third Global Logistics and Supply Chain Management Summit in May 2010.
- SCM World Live is the world's first global VIRTUAL event led by C-level Supply Chain & Procurement Executives, and is COMPLETELY FREE to attend.
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