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Supply Chain Management |
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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
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
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:
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
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:
An illustration of a typical Supply Chain improvement project
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:
LOGIC Ltd | 3rd Floor
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