Distributions systems
...ated in the August segment of Supply Chain Flow, supply chain management is a logistics concept while supply chain synthesis is a total operations concept. Or, more specifically, supply chain synthesis is a continuous improvement process, ensuring customer satisfaction from original raw material provider to the ultimate finished product consumer. However, for the purpose of explanation, the eight core competencies can be segmented somewhat. Understanding change. We need to understand change, not manage it. When we understand change we can harness it. Today, change is both fast and discontinuous. But it can be understood and measured. Resiliency - an individual's or an organization's ability to absorb change - is measured in absorption points. We have the ability to expand our capacity to handle absorption points and to allocate our absorption points. An organization raises its resiliency capacity by increasing its understanding of the negative aspects of not changing as well as the understanding of the positive aspects of changing. Understanding peak-to-peak. The natural order of life is peak-to-valley; that is, you have an outstanding success, repeat the actions that brought success, and fail. Why? New challenges arise. Or competitors improve on your techni...