I’ve uncovered an interesting article by Chris Stephenson—writer for Manufacturers’ Monthly. It was written a few months ago, but reads like a perfect companion piece to Terryl Benson’s post on supply chain inventory management—featured on this blog a few days ago.
Stephenson’s article talks about lean logistics methodologies as a primary improvement model for manufacturers, and how most enterprises fail to apply these methodologies across their supply chain networks.
The article provides a number of good recommendations, but three in particular stood out:
- Invest time in back-end business planning, up-to-date enterprise and supply chain planning, and execution applications.
- Review outdated legacy IT and traditional ERP systems to ensure they fit with your networked supply chain model.
- Embrace technology to help meet customer demand for service through an increasing number of [service] channels.
What struck me about the article (aside from its reinforcement of sound, supply chain inventory management principles) was the way it outlined challenges currently facing the industrial private sector, and how they so closely parallel the logistical problems our government wrestles with.
At least, they are both uniform in their need for tighter integration, new enterprise-planning resources, and access to timely, reliable data sources.
Over the past year, Partnet had the opportunity to meet with government logisticians and planners from across the globe, and several highlighted these same concerns. This is precisely why Partnet is developing new, integrated applications that improve supply chain visibility and reduce the need for planners and manufacturers to manage market variability with surplus inventories.
We feel it’s a step in the right direction.
New IT investments, however, are only part of the solution. It’s up to manufacturing and logistics communities—whether private or public—to decide how to take lean methodologies and turn them into functional strategies.
(And belated kudos to Mr. Stephenson for the fine article.)