supply chain strategy 4 pillars

Supply Chain Strategy – 4 Key Pillars [Infographic]

To build Supply Chain Strategy first it is important to revisit what is strategy in general. Max McKeown (2011) argues that “strategy is about shaping the future” and is the human attempt to get to “desirable ends with available means”, so regardless of the size of your business (SME or Large Corporation) or nature of your business most business leaders and managers are involved in developing Supply Chain Strategy or contribute towards the execution of strategy. In the recent environment where supply chain is used as drive to give “competitive advantage”, I believe that a supply chain should be closely aligned […]

8 Must Have Supply Chain Competencies

Technical Supply Chain Competencies The underlying Supply Chain competencies are skills, knowledge and characteristics that support the effective performance as Supply Chain professional.  Given the global Supply Chain demands Supply Chain professionals should never stop developing new skills and enhancing existing ones. Here are 8 core Supply Chain competencies that Supply Chain professional need to master—and continually improve. Capacity Planning The ability to determine the production capacity required by a supplier or a company plant to meet forecasted customer demand.  The capacity planner must be able to calculate the maximum amount of work that an organization is capable of manufacturing in […]

APICS VS CIPS – What Should You Choose?

Lot of Supply Chain and Procurement folks who are in early stage of their ask me should they go for CIPS or APICS qualification. Depending on their career aspiration to either grow in Supply Chain in general or become specialise procurement professional I give them advice accordingly. Like most good things in life there is no right or wrong answer, it is only the matter of preference. Therefore, I thought a comparison of two leading supply chain bodies and their qualification will be useful and I hope it will make the decision making easier for aspiring Supply Chain and Procurement […]