”Perfection is not attainable, but if we chase perfection we can catch excellence.” Vince Lombardi
Every organization has a supply chain. The most effective and efficient ones are closed-loop systems for moving, storing, and configuring products starting with raw materials and ending with a satisfied customer. Whether it is moving information or physical goods, nothing happens until something moves. We find supply chains in both the public and private companies in every industry, regardless of whether it produces a product or service; we find them in government and in non-profit sectors, in every corner of the globe. Supply chains can range from the simple to highly complex and from small and local to huge and worldwide. Regardless of their complexity all supply chains share three characteristics. They all follow the SCOR framework (Plan, Source, Make, Deliver, Return, and Enable); they all consist of suppliers and customers, and they all have three requirements that although fundamental, are critical to their long term success. They are minimizing cost, minimizing cycle time, and maximizing accuracy. This webinar will lay the foundation for these requirements, discuss their validity in managing modern supply chains, and provide some ideas that while they may not provide supply chain perfection will help you catch excellence.
Featured speaker: Gary A. Smith, CPIM-F, CSCP-F, CPSM-F, CLTD-F Chief, EAM/SCM, New York City Transit
Hosted by: Scott W. Luton Founder & Host Supply Chain Now Radio