Supply chain network design using decision support and information systems is a tricky process. It compares the global supply chain cost and service levels for different scenarios and network structures.
This case study from MIT was prepared for a specific company’s global distribution network, but they claim their model could be applied in other areas. It was created by graduate students and professors in Brazil with the company’s help, data, and inputs.
What an opportunity for entrepreneurs! Any time there is a customer need, entrepreneurs will rush to fill it. It has been 3 years but they are funded and ready to go this spring!
Three years in making, intermodal service for fresh produce gets rolling this spring – DC Velocity.
Logistics and supply chain services are great places for entrepreneurs to start businesses. It’s hard work and worrisome, but leads to real benefits for individuals, workers, customers and society. Truly a vocation of value.
Remember, all it takes for a business is a customer!
What should we focus on in business to achieve lasting success?
Here’s an analysis from McKinsey which gives great pause for thought. Their discussion of Economic Profit as a measure of performance has some good analysis and indicates some important cautions for us all in business– financial, operations, marketing, and entrepreneurs.
The strategic yardstick you can’t afford to ignore | McKinsey & Company.