Large Cooperations often employ staff for supply chain planning and sometimes additional staff for supply chain risk management.
Small / medium enterprises usually have more limited resources and therefore have to focus more. For this reason M.N. Faisal developed a prioritization of supply chain risks.
The article reviewed here takes a look at typical biases in supply chain demand planning and how to avoid it. This work could prove very valuable for many companies who rely on manually adjusted forecasts.
Usually the forecasting process uses two steps:
1) statistical forecast by the forecasting system
2) manual adjustment to include additional effects (eg. additional analysis of demand pattern not included in step 1)
Submitted by Daniel Dumke on Fri, 2010-06-04 18:49
Gartner just announced the 2010 Supply Chain ranking conducted by AMR Research.
The ranking consists of the 25 companies with the best-ranked Supply Chains.
Obviously Corporate Strategy should have an effect on the supply chain network design and its parameters. In their exploratory study Demeter, Gelei and Jenei (2006) show two examples of how supply chains are affected by different corporate strategies.
Setting
The authors analyzed the supply chains of two major car manufacturers with assemblies in Hungary. The focal companies were Audi and Suzuki. They conducted several interviews with the focal companies themselves and their best rated suppliers.
