Drivers in supply chain

 · Truck drivers have been in short supply for years, but a wave of retirements combined with those simply quitting for less stressful jobs is exacerbating . Considerations for Supply Chain Drivers Driver Efficiency Responsiveness 1. Inventory Cost of holding Availability 2. Transportation Consolidation Speed 3. Facilities Consolidation / Dedicated Proximity / Flexibility 4. Information Low cost/slow/no duplication High cost/ streamlined/reliable 5. Sourcing Low cost sources Responsive sources.  · Supply chain development is guided by the decisions you make about the five supply chain drivers. Each of these drivers can be developed and managed to emphasize responsiveness or efficiency depending on the business requirements. These five drivers provide a useful framework in which to think about the supply chain capabilities you need.

Written by Michael Badwi. The capabilities of your supply chain are determined by the decisions you take in response to supply chain drivers, but equally each of these drivers can be developed and managed to emphasise effectiveness or efficiency, depending on changing business and economic requirements. Understanding the drivers of Supply Chain Management and what they mean to your business starts with understanding your customers. what are the supply chain drivers? The supply chain drivers are grouped under two main drivers: 1. logistics drivers. 2. cross functional drivers. As a result of the crisis CEOs around the world have had to shine a spotlight on supply chain, which traditionally had been a back-office function, challenging their leadership teams to create supply chain differentiation as a driver of positive customer experience.

A supply chain consists of manufacturers, retailers and others involved in filling a customer order. The elements of a supply chain will vary with business and product type. For example, the supply chain for a restaurant will not be the sam. Learn how to manage and harness the dynamics and interactions between firms and entities within a supply chain - ​part of the MITx Supply Chain Management MicroMasters Credential. Learn how to manage and harness the dynamics and interaction. Supply chain management (SCM) is the practice of coordinating the flow of goods, services, information and finances as they move from raw materials to parts supplier to manufacturer to wholesaler to retailer to consumer. This process includ.