Global Supply Chain Trends Small and midsize enterprises face increasingly more business pressures as supply chains become more complex due to globalization, longer lead times, cultural disparities and product proliferation. Listen as Bill Harrison, President of Demand Management, discusses the ramifications of today’s complex supply chain for small and midsize enterprises.
"Rethinking the Global Supply Chain:
Meeting the Complexity Challenge"
The requirements of manufacturers to operate in a global, just-in-time market has made supply chains infinitely more complex. As a response, businesses have implemented equally complex supply chain management software to manage the complexity– but is this the right answer? Leading supply chain consultant Joshua Greenbaum challenges the notion of traditional supply chain systems and offers a robust, yet uncomplicated solution.
"Soft drinks are in what's known as FMCG-fast-moving consumable goods-where products are driven by promotions, as well as seasonal factors. As in other retail sectors, certain customers will buy in certain weeks, rather than within months, so it's vital to forecast on a weekly basis."...more