Even the biggest companies make supply chain management mistakes, and they typically have dedicated management hierarchies focused solely on balancing supply and demand. For the smaller business, with a management team that has to juggle multiple areas of...
BENCHMARKING IS A FANTASTIC BUSINESS IMPROVEMENT TOOL. John Monck, Manager Consulting at Logistics Bureau will demonstrate its use and explain more about it. Kindly watch the video below: Editor’s Note: This post was originally...
We get a lot of questions relating to KPIs than anything else on this blog and on our YouTube channel so here are some useful tips for that and hope you find this useful for your supply chain KPIs preparation. Do not have too many Do not go overboard to a...
Chinese production has resumed since a drastic Coronavirus-linked lockdown in January/February choked global supply chains, but businesses continue to be buffeted by the fallout. Supply chain issues now being experienced, especially by SMEs, include the following: An...
It’s quite understandable if, like many SMEs being pulverised by the COVID-19 crisis right now, your main preoccupation is dealing with cash flow concerns. At the same time, though, there are a number of crucial supply chain elements you should focus on...
Bigger isn’t always better when it comes to the market place. As far as customer relations go, bigger businesses are often seen by consumers as being distant and… well… too business-like. ‘Small enough to care’ is the real strength of the SME. Here are some of the...
Inventory management is complex, much more so than its moniker suggests or than some management-teams might perceive. That's perhaps why many small and medium-sized organisations out there make fundamental inventory management mistakes and pay the price of doing so....
How Supply Chain Collaboration Can Save Money for SMEs It stands to reason, doesn’t it? Instead of a half-empty truck travelling between one warehouse and a single retail outlet, why not adopt a co-operative approach in which multiple companies book pallet space for...
When it comes to supply chain challenges, SMEs usually find themselves in the same leaky boat as their larger-enterprise cousins. But small-business owners invariably have fewer fixit options than do the captains of the behemoths and hence, are at a higher risk of...
SMEs face similar supply chain challenges to large companies, but can find them financially harder to overcome. Cash flow and a scarcity of skilled human resources are among the challenges affecting SMEs emphatically, as compared to the same issues’ effects on their...