Top Five Tips for Accelerating Supply Chain Velocity

 It’s more imperative than ever for today’s leading companies to accomplish greater results with fewer resources in less time.  With time-tested principles, such as honesty, integrity, timeliness and quality, here are the Top Five Tips for Accelerating Supply Chain Velocity. Scrutinize Sourcing Activities. When sourcing key materials and services, consider total value instead of unit price. Total value may include the proximity of a provider to key locations, quality assurance processes, demonstrated past performance, contracted performance penalties, consistency of quality or...

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Supply Chain Velocity

How can supply chains ensure that they can maintain the necessary velocity of goods and services not only to meet the potential of threats of disrupting events, but also to effectively manage the supply network in an era of lean and super efficiency? Understanding Supply Chain Velocity From the very beginnings of modern production and distribution management, companies faced the fundamental problem of how to optimize the dispersion of goods and services to the marketplace.  As a result of today’s fast-paced global business environment, the gap between the velocity of supply lead time...

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