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 …

Rail review must include freight

GB Railfreight has called on the government to include rail freight in its plans for a rail review. It pointed out that the turmoil created by the recent timetabling issues experienced by passenger services has also negatively impacted freight services. “Open access freight companies have not been issued with a December timetable, meaning Network Rail …

Retail sales for the four week period covering 29 July 2018 to 25 August 2018.

The ONS has reported on retail sales for the four week period covering 29 July 2018 to 25 August 2018. In August 2018, the quantity bought increased by 0.3% when compared with the previous month, with increases across all sectors except food, clothing, and petrol. The month-on-month growth rate in the quantity bought in food stores …

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, …