NZPICS Spring Magazine 2017

NZPICS is pleased to bring you yet another digital magazine. 

The featured article in this edition is "Kathmandu - An Adventure towards Supply Chain Excellence".

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NZPICS Autumn Magazine

NZPICS is pleased to share with you our autumn magazine.

You can download the magazine here

 

NZPICS Spring Magazine 2016

  1. NZPICS Spring Magazine 2016 – After a gap of 3 years, NZPICS is proud to bring you an informative magazine, full of knowledge and information along with some light reading. For a printable PDF version, please click here NZPICS_Spring_Mag2016.pdf.

 

Supply Chain Excellence: Series 4 – Supply Chain Strategy by Vishnu Rayapeddi

Supply Chain Strategy – what is it?

Many might think that there is no distinction in perception between supply chain management and supply chain strategy in their organizations.

Supply chain management is defined by the APICS Dictionary, 13th Edition, as “The design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand, and measuring performance globally.”

According to the APICS Operations Management Body of Knowledge (OMBOK) Framework, supply chain strategy considers all the elements of operations strategy, in addition to building strategic partnerships, in-sourcing and outsourcing, drivers of supply chain performance, synchronization, integration of suppliers, internal supply chains, and customer systems, breadth of activities (designing, planning, and controlling), reverse logistics, product sustainability, regulatory compliance, and global considerations.

In simple terms, a supply chain strategy is a forward-looking document, which anticipates changing customer needs and defines how the supply chain is going to evolve to meet those new requirements.

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