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5 Keys to Managing Costs in the Automotive Supply Chain
Brian Hoey flexis
Let’s say you’re a kid, and you’re trying to set up a lemonade stand in front of your parents’ house. You go to the store (possibly with parental supervision) to get lemons and sugar, you come home and mix the two into a pitcher, and you set up a little folding table near the sidewalk. Since children are notoriously bad at big-picture thinking, you probably think of the lemons and the sugar as your only real costs, and you price the cups of lemonade (which are set out by the pitcher) accordingly in order to achieve a worthwhile ROI.
Of course, as an adult, it’s easy to see that there were a number of hidden costs that you weren’t thinking about at the time: the cups, the pitcher, the folding table (all of which were in your “inventory,” so to speak), to say nothing of labor, time, transport to and from the grocery store, etc. In this way, it’s a lot like the modern supply chain. When it comes to something like an au
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White Paper Chemical Logistics
Digitalization opens the door to a new age for the chemical industry. It paves the way for companies in the industry from material suppliers to solution and service providers. It is the driving force behind development that creates a new level of efficiency and transparency for the industry’s sensitive supply >>
The retail sector is always on the move. Whether this involves shopping centres, shops in inner city locations or at airports – trends change very quickly and the goods change just as rapidly too. To keep up with these developments, highly complex and process driven supply chains are needed. With our...
Key takeaways The complex role of the chief procurement officer (CPO) now faces emerging economic and political risks in every direction they turn — and they feel pressured to cut costs along the way. This year&...
Secondo Vergani S.p.a. is a leading company in the confectionery business for the production of nougat, chocolate, marron glacés and mustard. The manufacturing process of the company, in the historical plant in...
Digitalization opens the door to a new age for the chemical industry. It paves the way for companies in the industry from material suppliers to solution and service providers. It is the driving force behind developmen...
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