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Business

Make Your Supply Chain Intelligent – Here’s How to Do It

In today’s age of technological advancements, where customers and suppliers across the globe are interacting with each other without the constraints that physical boundaries or distances impose, managing expectations and ensuring that commitments are adhered to, mandates a much more integrated approach in every aspect of business.How to make Intelligent Supply Chain

Today’s customer expects the very best of what the market has to offer, tailored to suit personalized requirements in the least possible time, with uncompromised quality parameters and all this at the lowest possible costs. This is also what truly defines an intelligent supply chain management system.

To achieve this, an organization needs to ensure that its teams like planning, distribution, procurement, new product development, quality and manufacturing work in tandem and with seamless data and raw material flow. However, to ensure that each of these teams delivers to the best of its potential and works towards a common objective, it is important to have certain common threads that bind them.

 

Supply Chain Performance therefore needs to be measured using a set of Key Performance Indicators (KPIs) that represent in a nutshell this complicated relationship between numerous teams working towards the common aim of ensuring ‘Customer Delight’. Certain key parameters that determine the success of any supply chain are:

  1. Ensuring stringent quality control
  2. Reliable and repeatable manufacturing/service processes
  3. Lowest possible cycle times
  4. Zero raw material stock outs/unaddressed service requests
  5. Working capital management
  6. Minimum inventory of finished goods
  7. Maximum utilization of machinery and resources

It is imperative that these indicators are continuously measured and monitored by the supply chain team to deliver value at every stage to all stakeholders in the value chain.

Success of the sales and marketing team hinges on the ability of their counterparts in supply chain being able to deliver what the customer has been promised at the right time and with the ability of keeping a check on the costs.

However, good performance in one part of the supply chain is insufficient. Your supply chain is only as strong as its weakest link. The solution is for you to focus on the key metrics in each area.

While this does sound challenging, it is possible to achieve the seemingly complicated task of meeting your customer’s requirements by infusing your supply chain with an element of intelligence. What conventional business houses are therefore striving towards is the dawn of intelligent supply chain.

What this means is that instead of measuring supply chain effectiveness in a silo, the KPI’s chosen are often conflicting and bring balance. Inventory vs. time, cost vs. flexibility are just some examples.

Understanding your business dimensions and then defining the indicators that most suit you will give you a much better view of your performance as compared to going with a traditional set of parameters only. By measuring accurately, monitoring, reporting and taking corrective actions on time you can improve any area of the supply chain that can have an impact on customer experience.

Click here to know more about intelligent supply chain management.

 

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Video Sharing

Top Drone Videos That’s Worth The Media Attention for 2014

Media has progressed exponentially over the years. It is essentially integrated in just about everything we do. Everything from trivial interaction with friend to large scale productions would not be the same without the current level of extensive technology in media. One could easily argue that media has become as necessary as food or clothing. Whether conscious or not, we rely on it for our daily informative needs and tend to accept great portions of it at face value.

Top 2014 Drone stories

General news and information aside, development in media has made an easy path for various businesses and companies as well. Businesses are almost effortlessly able to advertise and promote their products to us, especially with new drones on the scene. Drones in advertising have become more common as original businesses responsible for their use have found great success reaching larger number of customers.

Read Also: NYSC Corp Member flies Self-made Drone at Orientation Camp

Whether utilized for business or not, drones are great for allowing individuals to experience various scenes and sites from completely foreign and otherwise impossible perspectives. They are the representation of the growth of media. Drone videos and photography in particular have stolen the show for 2014. Drones were used for cityscapes, nature walks, concerts, real estate listings, disaster surveys, Olympic sports—even self-portraiture, as selfies taken from the air became known as “dronies.”

There are so many drone videos out there so obviously selecting the best of the year is not a simple or straightforward task. For a video to be included in a “top of” list, it must distinguish itself with a creative location, approach, or circumstance. Some drone videographers also happened to catch a lucky break. Others brought particular skill to a rather new or unusual place.

The popularity of drone videos remains a mystery to some; however, the novelty is what often makes them so special. It’s not uncommon for individuals to imagine far off areas from new perspectives or to freeze a beautiful image in their mind. Drones make this completely possible. At their best when it comes to use and performance, drones provide a compelling vantage that captivates viewers and point in a new and creative direction for journalism and cinematography. It’s a completely new direction for media growth and development.

A few of the top drone videos for 2014 are as follows:

1. The forbidden city of Beijing, something that is typically illegal. The photographer who took this video was detained by police after he flew close to government buildings. Fortunately, he was allowed to keep the footage he shot and later offered the world this rare and beautiful sight of Beijing.

2. Second would be a rock fall in northern Italy. Boulders and small rocks tumbled through. This drone footage surveyed the surreal damage in an attempt to raise money for relief efforts.

3. Third would have to be fireworks captured on a Florida beach. Everyone typically enjoys a nice show and the video recaptured this beautifully.

4. Fourth are the busy streets of Hong Kong. Once again, this is something usually more protected and guarded that only a drone could completely capture. Videos such as these ultimately fell in the top ten categories due to their unique angles and aesthetic value or their ability to clarify otherwise mysterious areas.

With such expansive growth when it comes to media its best to keep track of reliable ways to repair equipment especially when it comes to drones. Due to the high capabilities nothing may be necessarily cheap, but affordable repairs offered by A1 Servomotor and the like will allow you to continue monitoring and capturing the impossible.