LOGIC - Leading the way

 

 

 

Supply Chain Management



 [Ernst & Young Report]  [Activities]

INTRODUCTION

"A company that fails to manage its supply chains at a strategic level is unlikely to meet its business objectives effectively."

What is Supply Chain Management?

Increased sophistication in customer requirements and greater competition, have pushed the industry towards higher and higher levels of efficiency in an effort to meet customer needs and cut costs. One of the results of this drive has been the outsourcing of goods and services to third parties, in a way that has inexorably bonded the supply chains of operators, contractors and suppliers.

The question today is whether increased efficiency in the way individual companies are run is going to provide the industry with the performance improvements it seeks, or whether a new approach is needed which takes into account the whole Supply Chain.

Supply Chain Management is about managing the flow of information, materials, services and money across any activity, in a way which maximises the effectiveness of the process. It is about introducing new tools or revising well-known techniques in an effort to ask ourselves: "Is this the right thing to do" rather than "Is this the best way we can continue to do the same thing". This is a continuous process, not a one-time fix.

In short, successful Supply Chain Management will reduce the costs of both clients and suppliers, while sustaining or improving added value and margins. Consequently, companies that have effective supply chains are most successful.

"A company that fails to manage its supply chains at a strategic level is unlikely to meet its business objectives effectively."

 

What are the supply Chain Management activities provided by LOGIC?

"Efficiency is doing things right. Effectiveness is doing the right thing."

Colin Black - RGU MSc dissertation

Supply Chain Management Seminars:

The seminar provides a forum for exploring LOGIC's generic methodology for improving the supply chain. The methodology includes a number of tools and techniques that can be customised to specific supply chain improvement initiatives. It draws on a variety of sources, and contains techniques that have been developed by operators, providers, contractors, government organisations and trade associations.

The two-day seminar provides a taught but highly interactive introduction to the process of analysing an organisation's supply chain.

Participants are limited to 12 per seminar. Your presence will have the added advantage to allow you a unique opportunity to network with like-minded individuals exploring an opportunity to improve their supply chain systems.

See our event page for details of dates and venues. Bespoke courses spanning companies across your specific Supply Chain can also be arranged.

"The LOGIC methodology will achieve a step change in the way the industry looks at Supply Chain Management."

Richard Reynolds." - Head of Procurement - Aker Oil & Gas Technology

Supply Chain Management Assessments:

This diagnostic process is designed to help you identify areas of improvement in your supply chain practices. The process is underpinned by the LOGIC SCM Methodology, the only industry recognised approach and questions will be asked from three different perspectives:

  • What are your current practices?
  • Do you consider these to be the best practices?
  • What is the size of the gap between current and best practice?

More importantly, the assessment is an opportunity for the companies to create an internal 'team for change' which can absorb the tools and techniques available and become a self generating catalyst for continuous improvement.

"The presence of LOGIC provided focus and speed. More importantly we now have a highly effective, highly duplicatable process."

John Lee - Operations Manager - Wood Group Engineering

Bespoke Consultancy Service

To improve industry SCM practice, LOGIC will provide direct SCM support to companies/trading partners to enable them to improve SCM processes. The provision of direct SCM consultancy support will:

  • Be provided by a dedicated group of consultants (initially a team of 3 rising to 6);

  • Be extended by a corps of independent affiliates, accredited by LOGIC;

  • Comprise services including development of implementation plans, training of project teams, provision and supply of implementation tools, implementation of changes, monitoring of improvements, and the collation and dissemination of leading practices and success stories;

  • Underpin these services with industry-specific practical methodologies and tools;

  • Identify and promulgate leading practices from other sectors on an ongoing basis;

  • Charge affordable fees.

An illustration of a typical Supply Chain improvement project

SCM.gif

What can supply chain Methodology do for you?

The Methodology has been designed with input from Shell and Ernst & Young. LOGIC's actviites are designed within a short period of time to:

  • Give you the skills to champion the methodology in your own organisation;

  • Encourage you and your organisation to adopt a more strategic approach to supply chain management

  • Conduct a quick review of your supply chains and rank them based on their potential for contributing to your company's current business plans

  • Identify and implement any 'quick wins', e.g. simpler ways of buying low value goods/services, making purchasing policies and practices consistent

  • Initiate project-based reviews of your key supply chains using cross-functional teams and the approach advocated in the LOGIC methodology.

  • Building on your success, create an internal 'team for change' which can absorb the tools and techniques available and become a self generating catalyst for continuous improvement

Review the Key Findings document delivered under the CRINE Network's Supply Chain Management Initiative.

 



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