infonews.co.nz
INDEX
BUSINESS

Supply Chain Trends 2011

Tuesday 25 October 2011, 2:21PM

By Ellis and Co

338 views

Peter Bolstorff, international Supply Chain expert
Peter Bolstorff, international Supply Chain expert Credit: Ellis and Co

“The future success of every business is dependent on globalisation and effectively managing the supply chain in an increasingly volatile environment.”

Peter Bolstorff, internationally recognised Supply Chain educator and author, is in New Zealand in November to share how successful organisations meet the modern day challenges of globalisation and volatility in the Supply Chain environment.

He has identified three key trends, which he believes are essential for business growth in the future.
 
1. Supply Chain flexibility will be a key driver for business growth.
As the economy recovers, the companies that succeed will be those that have the agility to respond quickly to unplanned demand and supply opportunities and challenges across various markets.

2. Business reliability will depend on a global supply chain strategy.
Natural disaster, financial and political instability and changes to economic and trading conditions….a global supply chain strategy is a company’s best defence against the unexpected.

3. Organisational integration will be essential to overcome supply chain roadblocks.
Demand and supply volatility and poor forecast accuracy are some of the biggest roadblocks to supply chain excellence. These can be managed more effectively by integrating Sales and Operations planning into the Supply Chain process, resulting in lower inventory levels, increased utilisation of plant capacity and reduced unit cost.

Peter will be the keynote speaker at two public events hosted by New Zealand supply chain experts, Xelocity.  The public events will be held in Auckland on 15 November 2011 and in Wellington on 16 November 2011 . People interested in attending these events should contact Azelda Madgwick on +64 9 363 3799.