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Consumerism<br />
REAL REPORT<br />
The fundamentals of supply chain<br />
have remained unchanged since<br />
the inception of commerce. Raw<br />
materials are procured, converted in<strong>to</strong><br />
product, packaged and delivered for<br />
cus<strong>to</strong>mer consumption. It is easy for us <strong>to</strong><br />
lose sight of this simplicity of purpose when<br />
considering modern supply chain structures<br />
that span geographies, multiple corporations<br />
and a myriad of technologies.<br />
Today’s supply chain manager is afforded<br />
more options than ever before <strong>to</strong> aid in the<br />
process of getting product <strong>to</strong> market. There<br />
are a host of decisions <strong>to</strong> consider such as,<br />
where <strong>to</strong> source, manufacture and distribute;<br />
whether <strong>to</strong> employ a demand pull versus a<br />
forecast push model; what channel structure<br />
<strong>to</strong> adopt; and how <strong>to</strong> handle returns. Each<br />
decision will have a direct impact on leadtime,<br />
cost and speed of responsiveness.<br />
In this new environment, products are<br />
continually revised, input costs are always<br />
changing, cus<strong>to</strong>mer needs are permanently<br />
evolving and competition is fi erce for every<br />
point in market share.<br />
As if this was not enough <strong>to</strong> handle,<br />
we then task our supply chains with<br />
Sarbanes Oxley compliance, export<br />
compliance, environmental sustainability,<br />
risk mitigation, terrorism prevention, privacy<br />
and the highest ethical standards. The<br />
supply chain has become a complex fi eld<br />
<strong>to</strong> navigate, with challenges and obstacles<br />
around every corner.<br />
After all of this analysis, what becomes of<br />
the cus<strong>to</strong>mer that is at the centre of this<br />
supply chain equation? The world has come<br />
a long way from the days of Henry Ford’s<br />
“any colour as long as it is black” mot<strong>to</strong>.<br />
Consumers <strong>to</strong>day want choice and demand<br />
individuality. Companies have responded<br />
with an explosion of product options—from<br />
colour, <strong>to</strong> style and personalized skins. The<br />
window that we have in<strong>to</strong> these cus<strong>to</strong>mer<br />
requirements is a forecast any planner can<br />
tell you from experience, will be wrong.<br />
Help is at hand<br />
To keep up with the demand, and continually<br />
evolving landscape, changes in supply<br />
chain support have been necessary. Today’s<br />
original equipment manufacturers (OEMs)<br />
have multiple avenues of support available<br />
<strong>to</strong> aid in the development of their supply<br />
chains. Most of this support is delivered by a<br />
multitude of supply chain experts<br />
that can alleviate the pressures of<br />
May 2010 Link 43