6 Areas of focus when auditing a supply chain management process.

Supply chain management has become increasingly global and more complex, making risk management more challenging. To examine the challenges facing internal audit in a volatile and uncertain set of circumstances. This list below is 6 area of focus when auditing a supply chain management process. Planning • Defined governance for the full scope of the …

Brexit viewed purely in economic term

The EU has certainly brought benefits to the UK. However, these benefits have come at a cost and this cost has been distributed unevenly across the UK. By cost, I don’t mean the annual contribution that we make but more the hidden costs associated with membership. In joining we have had to accept the demise …

4 Reasons for visibility within a supply chain system

Visibility encompasses not only sensing data but also how to analyse it and take appropriate action across a supply chain system. A supply chain system allows collaboration and communication between internal and external trading partners and should give visibility to activities up and down the supply chain. Significant benefits are gained from this end-to-end visibility, …

Collaborative planning, forecasting, and replenishment (CPFR)

Supply chain integration (or synchronisation) is to a large extent still only a promise, despite many considerable efforts by organisations and their customers and suppliers. Lack of visibility of true consumer demand and collaborative relationships based upon joint decision making remain significant barriers to the goal of supply chain integration. Collaborative planning, forecasting, and replenishment …