Most companies use inventory turns alone to measure leanness. But a method that considers economies of scale and industry-specific relationships between sales and inventories will provide a more accurate assessment.
Find out how five elements of agility taken from sports and military science—alertness, accessibility, decisiveness, swiftness, and flexibility—play out in the supply chain world. Then try this quick self-evaluation to learn how agile your own supply chain is.
Africa's economies are growing, but poor infrastructure and difficult business conditions persist. Creative, flexible approaches to supply chain design and execution can help companies overcome these and other challenges.
Companies that fail to take a holistic view of infrastructure—the physical and informational assets required to run a supply chain—sometimes make capital-investment decisions that are detrimental in the long run.