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Showing posts with label infographic. Show all posts
Showing posts with label infographic. Show all posts
Thursday, February 4, 2016
Thursday, January 14, 2016
5 Steps in creating a Sales and Operations (SOP) Planning Process

source :supplychaininsights
The 5 steps in creating a sales and operation Planing are
1) demand planning
2)Supply planning
3)Determine most profitable
4)Conduct If what Analysis
5)Collaborate among cross functional departments
Auditing Supply Change Delays and Disruption: Top 5 Findings
HOW SUPPLY CHAIN RISKS IMPACT COMPANY BOTTOM LINE
A recent research report on the risks of supply chain shows us some startling statistics. Since most manufacturers outsources a fair amount of work to “ their suppliers and vendors” the chance of “ supply chain disruption, delays or external natural factors is always omnipresent .
• However just 25% of a typical company’s end to end supply chain is being assessed for risk auditing The risk factor
• 90% of respondents do not formally quantify risks when sourcing production • In a survey 45% firms indicated a looss of revenue due to supply chain distruption
• 14% of companies revenue loss on account of supply chain distruption exceded one million euros • Supply chain distruption caused shareholder returns to decline by 33-40% over a 3 year period
• Share prices of companies that experience delay and disruption in supply chain tended to be more volatile ( on average around 13.5% higher)
• 58% of firms indicated that a loss of productivity as the main reasons for supply chain disruptions • while 11% firms believed that supply chain risks and delays lead to increase in cost of production
Wednesday, January 6, 2016
Top 3 Challenges in Supply Chain for the Food Industry
TOP 3 SUPPLY CHAIN CHALLENGES ACROSS THE FOOD INDUSTRY
Supply chain across Food Industry is a big challenge. The basic problem is in the kind of products across supply chain which is perishable. Unlike other industry the inventory has to be very tightly controlled so that products are fresh and losses minimized
In the past, most food companies dealt with supply chain risk after-the-fact through product recalls—and by switching suppliers once problems were detected. In an increasingly complex marketplace, the traditional approach just isn’t good enough.
Tracing a food problem back to its source is complicated by multi-tiered supply networks and divergent standards for food quality and safety around the world. For example, various countries that produce rice allow different levels of arsenic (which is used to control pests). This means that rice may be deemed safe and legal to sell in one market but not in others. Regulations and standards are continually evolving and present a challenging risk. In the U.S., for instance, federal lawmakers are expanding the authority of the Food and Drug Administration to include the ability to shut down operations that fail to comply with the law.
The supplier in the food industry is a big variable and is a crucial factor in deciding the success of the supply chain, as the raw stock of the food is the most precious and important part of the inventory forecasting. Apart from quality and consistency, adulteration is another risk.The entire ecosystem Farmers, to the cold storage to the suppliers play a big role in ensuring the effectiveness of the supply chain across the Food Industry.
Tuesday, January 5, 2016
The numbers behind the Trucking Industry: Infographic
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The numbers and data behind the US trucking Industry: top 5 trends |
- Trucking statistics in the United States The trucking industry employs a total of all most 9 million, out of which 3.5 million are truck drivers
- There are currently 62 million unregistered vehicles in the United states and approx 6.4million unregistered Vehicles Out of which 32% consists of heavy vehicles including construction Vehicles, bulldozers, and heavy machinery vehicles out of which 2 million tractor trailers.
- The US economy is heavily dependent on Trucking industry to deliver 70% of freight transported annually
- Approximately 671 billion of manufacturing and retail goods are transported by Trucking industry in one year.Truck Transportation of goods to Canada makes up $295 billion of the truck trade and $195billion with Mexico
- 1 out of 9 truck drivers are independent, a majority which are owner operators Approx 5.7 % of truck drivers in the United States are the woman.
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