Lean Management in co existence with Six Sigma methodology – The working partnership to improvement.
Supply Chain Planning is the process of deciding ‘how much’, ‘where’ and ‘when’ for both demand and supply operations. It encompasses many areas:
- Demand Planning and Sales Forecasting,
- Inventory Optimisation,
- Replenishment Planning,
- Production Planning and Scheduling,
- Procurement and Materials Planning
- An over-arching Integrated Business Planning (Sales & Operations Planning).
Supply Chain Management is the strategic coordination of business functions within a company, the aim of which is achieving the most efficient movement and storage of goods from point of origin to point of consumption.
Optimise your Supply Chain by implementing specialist skills within:
- Sales & Operations Planning (S&OP)
- Logistics Network Optimisation and Utilisation.
- Business Modelling
- Implementation Project Management
- Warehouse Management
- Inventory Analysis
Effective Supply Chain Management
Many organisations sub optimise their supply chains by treating each link within their supply chain function as an independent entity. A culture known as “silo mentality” can quickly be cultivated (A mind-set present in some companies whereby certain departments or sectors do not wish to share information with others in the same company). This type of mentality will reduce the efficiency of the overall operation, reduce morale, and may contribute to the demise of a productive company culture.. An Examples of which would be bulk purchasing raw materials without considering the impact on working capital.
Whilst this activity will reduce initial cost ,the scales of economy are not balanced and will have increased costs through the manufacturing process, resulting in higher “per unit” pricing.
A sub optimised supply chain often has limited visibility, hidden costs, increased motion times and a fragmented team(s) working against each other.