Below you'll find a list of all posts that have been tagged as “supply chain”
Cloud computing, robotics, automation, data exchange… 4C’s Milan Panchmatia considers how businesses can leverage new opportunities in the era of the ‘smart factory’ Industry 4.0, also known as the fourth industrial revolution, has the potential to transform the way in which products are created, transported and sold. This new era was ushered in thanks to technologies such as automation, cloud …
Slavery is a global issue that affects businesses regardless of their geographic location. International companies involved in clothes manufacturing, farming and mining activities are seen as the most at risk, but the issue can affect almost any industry. The UK Modern Slavery Act has shone a light on the issue of forced labour in supply chains. The Act requires businesses …
Changing consumer behaviour has led to a revolution in fashion retail. 4C Associates’ Milan Panchmatia considers how the “See Now, Buy Now” approach will impact established practices. Generally speaking, businesses which sell directly to consumers tend to be those which need to be most reactive to their demands. The propagation of connected devices has led to an increasingly expectant population, …
4C Associates’ Milan Panchmatia examines how retailers can adapt their supply chains to take advantage of new opportunities. The retail industry is one of the fastest changing on the globe. New technologies are being developed at a rate never seen before and the level of competition in the field is greater than ever. Small, agile companies are finding ways to …
4C Associates’ Milan Panchmatia examines how global fashion companies can balance sustainable supply chains with the need to grow their business. Supply chains are increasingly fragmented and complex. Rapidly changing demand, economic uncertainty and higher levels of competition, mean businesses are constantly having to review their supply lines. Nowhere is this truer than in the fashion industry. Here companies are …
Milan Panchmatia examines how supply chains have been affected by recent natural disasters and how businesses have sought to minimise future risks. Globalisation has provided businesses across the globe with countless opportunities to reshape their supply chains and reach out to new customers. In some sectors, the sheer number of suppliers available has allowed leading organisations to completely alter their …
Theresa May, the Britain’s prime minister, made a speech last week that sought to provide more detail about the kind of relationship the country will have with the European Union (EU) after it leaves. It specifically explained how the Government will manage the transition from a central player in the EU to a solidly independent trading nation. It left a …
Online shopping has resulted in a wealth of opportunities for retailers, but also an array of new challenges. In this post, 4C Associates’ Milan Panchmatia considers why retailers need to take a closer look at their reverse supply chains. It is no secret that online retail is booming. According to figures from IMRG and Capgemini, UK retailers made £114bn from …
4C Associates’ Jeremy Smith considers how the internet of things is changing the way businesses and consumers interact. The internet of things is not a new concept. The idea of countless devices connected to each other via the web has been around since the late 1990s. In fact, Kevin Ashton, Executive Director of Auto-ID Center, coined the phrase in 1999 during …
Regardless of the size of a business, freeing up capital to grow is often a priority, especially for those businesses with ambitious expansion plans. The solution is often a supply chain finance (SCF) programme to help maximise working capital and kick start growth plans. Also known as supplier finance or reverse factoring, SCF is a set of solutions to optimise …
Rising risk levels, a lack of relevant skills and managing transition – Milan Panchmatia explores why anyone would choose to be a CPO. As procurement’s role evolves, this needs to be reflected in way it operates within the business. Savings and other traditional measures of success remain important, but no longer encompass everything the function brings. Delivering value – be …
Although many elements of the UK’s departure from the European Union remain unclear, it is a safe bet to assume that Brexit will impact supply lines to and from the continent. It has been a few months since 52% of the British population voted to leave the European Union in a national referendum. The pros and cons of the departure …
When horse DNA was first found in beef products being sold in Britain, many felt we had reached a high water mark. There was a general feeling that food supply practices had become unsustainable and lacked transparency. Major retailers withdrew ten million burgers from their stores within the first few months of the news leaking. Two elements are widely believed …
The recent launch of Amazon Dash demonstrates an ever-increasing demand for speed, simplicity and ease amongst consumers – and with businesses also run by consumers, this level of service will soon be expected in the B2B world too. Jeremy Smith , Director at 4C Associates on how sometimes speed and urgency can outweigh cost. Read full article here.
Yesterday saw the launch of the new Amazon Dash Button product. This is the start of an integrated supply chain service which is run on the principles of Lean Consumption. The ‘Internet of Things’ has long promised us fridges that order your milk for you, as it runs out, but this is the first real move into the mass market …
According to a recent Harvard Business Review research, about 70% to 90% of acquisitions fail to deliver on planned value. To put things in perspective, the year 2015 alone saw close to $4.7t in declared deals with the average size of deals being $125m. With M&A activities seeing close to a 27% average annual growth, there is lot more riding …
Technology is playing an increasingly critical role in enabling organisations to manage their supply chain relationship. Gopal Iyer, consultant at 4C Associates shares his insights. Read full article here.
The result of the EU referendum will undoubtedly have a profound and long-lasting impact on the entire UK population and is likely to be something that is truly generational. Whether we voted for Remain or for Leave, however, Brits now have to assess where we are and how we maintain our position in the global economy. Read full article here
Handing over its assets to a few long term bottling partners and re-franchising its distribution needs, should help Coca Cola to boost operating margins, save costs and impress shareholders. But will this new asset-light strategy work? Gopal Iyer, sourcing and supply chain consultant at 4C Associates, says: “Time and again, companies have questioned and redefined their core competencies. ‘Deverticalisation’ has …
We all know risk management is a key deliverable of operational procurement but while a few of us love to get our hands dirty mapping and managing, often for most, risk awareness is limited to a once a year workshop and subsequent paper exercise that is seen as the purview of the dry and dull employee elements. Risk isn’t sexy. …
It is a common practice amongst Private Equity(PE) owned companies to tap into an Aggregator purchasing organisation that could leverage the bulk buying power of the entire portfolio owned by the PE owner. In the cases where portfolio companies are small to medium in size, it is often the case that they do not have indirect procurement departments. As the …
Back in October 2012, the Prime Minister unveiled a new scheme aimed at helping smaller businesses secure affordable finance. The initiative received a wide range of support and leading companies, including Diageo, Kingfisher, Tesco and IBM all signed up. The popularity of the scheme and the fact it was driven by both public and private sector organisations, indicates the potential …
In an economic climate where many businesses need to do more with less, procurement functions are increasingly looking to uncover new ways to incentivise their suppliers. Incentivising suppliers to deliver improved performances is not a new concept in the world of procurement. However, with an increasing number of businesses facing tighter margins, it is an area which certainly merits investigating. The …
Procurement is finally starting to get some of the recognition it deserves, but we need the right talent to make sure it keeps evolving. The challenging economic climate that we have experienced for the past few years has seen procurement make the step up from being a cost saver to a strategic partner. Whereas the function was once viewed as a …
Most organisations live in an increasingly competitive market and strive to at least maintain their cost base and focus on key areas that provide competitive advantage. While facilities expenditure has long been deemed non-strategic by most companies, the approach has been to maintain the status quo and address only those areas that present disruption to the smooth operation of the …
Much of the focus on the debate about the EU has been on the impact that any Brexit would have on exports and economic growth. On one hand the UK will lose access to the world’s biggest market, on the other hand it can negotiate free trade agreements more easily and export more freely from burdensome regulation. But what about the impact …
Supermarkets waging price wars is nothing new, however, the sustainability of the practice has long been called into question. The past two years, and the previous Tesco-dominated era, have been all about slashing costs and delivering the cheapest products possible. While this has proved advantageous for cash-strapped customers, and the growth of the likes of Aldi and Lidl, it has …
At a first glance, procurement and innovation come across as unlikely bedfellows. Whereas one is historically focused on delivering short-term savings, the other is more outward-looking and engaged in delivering less tangible results – at least in the short term. This outdated view of procurement’s relationship with innovation continues to persist in a number of companies despite numerous developments. An unstable …
Supply chains for businesses, big and small, are finding themselves under pressure to reduce costs, improve efficiency and assist in the maintenance of a steady cash flow. Milan Panchmatia, director of 4C Associates, the procurement consultancy, says that while it is true that the gap is closing, he believes with the economy back on an upward trend, the gap will …
Deciding to bring on a third-party provider can have multiple benefits. Chief amongst these is access to a cost-effective resource to cutting costs and delivering value. In an environment characterised by economic uncertainty the attraction is clear. However, not all providers offer the same service and it’s essential to select one which can mirror your expectations. Read full article on …
More and more leading businesses are investing in initiatives aimed at creating more sustainable supply chains. Whereas one might assume the practice would negatively impact revenue, the reality is that many companies have used these developments to drive significant cost and process benefits. Re-designing supply chains to cut carbon emissions and generally creating more sustainable practices have already helped companies …
One of the reasons behind Apple’s success is the company’s exceptional attention to detail. From the sleek design of its products to the intuitive nature of its software, nothing is left to chance. Thankfully for the California based company, the same amount of planning seems to have gone in to its supply chain strategy.Supply Chain Best PracticeAccording to Gartner’s 2012 Supply …
An increasing number of leading businesses have partaken in green initiatives, aimed at making their supply chains more efficient in order to reduce waste. Boots and Tesco, for example, have committed to reducing food and drink waste by signing up for the third phase of the Courtauld Commitment. This voluntary agreement is focussed on improving resource efficiency and mitigating the environmental …
A number of major corporations were caught on the back foot by the discovery of horse meat in several products. Many of the UK’s major food retailers have had to remove stock from shelves and issue apologises to their customers. The scandal highlighted the growing level of risk associated with global supply chains. Not only does a far reaching web of suppliers …
The dramatic rise in online shopping has resulted in an increase in parcel deliveries which has yet to be translated into profit. Craig Bunker considers how leveraging supply chains to carry out parcel deliveries, can help businesses bolster their margins. One of the issues currently facing retailers is the cost of parcel deliveries. As more and more customers opt to have purchases delivered …
2012 has been a challenging year for many businesses. A difficult economic climate coupled with huge pressure to cut costs, forced many finance leaders to substantially alter their business strategies. As a result many new and innovative cost transformation techniques were developed. 4C Insights kept on top of the latest trends and best practice solutions to emerge throughout the year. …
As 2012 comes to an end, 4C Associates looks back at some of the predictions made earlier this year. Craig Bunker considers prediction number 12: “High fuel costs and environmental concerns will drive the need for the next level of supply chain optimisation.” A recent Jones Lang LaSalle survey, revealed that 95 per cent of supply chain managers believe rising energy and transport …
Despite having had 10 months to plan for the festive spending spree, many retailers are not taking full advantage of their shopping outlets. A recent YouGov SixthSense report revealed that UK households will spend £792m less on Christmas this year than in 2011. These findings highlight the need for retailers to optimise all aspects of the supply chain process. Increased …
A recent survey carried out by Jones Lang LaSalle, revealed that 71 per cent of supply chain managers believe cutting costs will be the top trend for the next five years.The findings are indicative of the current economic situation and reflect the increasing pressure being put on supply chain managers to reduce costs. Other key trends highlighted in the survey, …
Once very much at the centre of consumer activity, the high street is rapidly losing ground to online retailers. This is not the first time traditional outlets have come under threat, however, the ease and convenience of online shopping has drastically altered consumer behaviour. These changes have radically affected supply chain strategy.The reduction in stock heading to the high street …
Tackling Supply Chain Issues Natural disasters, strikes and more mundane occurrences such as factory fires have all kept supply chain risk in the news. Recent examples include Pace losing $55m due to floods affecting Asian suppliers and the car industry losing up to half its supply of brake lines after a single factory shut down in Germany.This abundance of coverage …
Supply chains form the basis of a successful business and companies need to ensure they have a contingency plan should something go wrong. Often an event affecting a select number of suppliers can severely delay the production process of an entire company or even industry. Recently, a factory fire in a small town in Germany caused great concern within the …
An uncertain economic climate has resulted in businesses focusing heavily on reducing costs, often at the detriment of risk management. Is now the time to begin inversing the trend? Companies which make the shift away from short term cost reduction tactics can secure important supply inputs before suppliers begin to see the change in market dynamics. Those who fail to …
For the past 20 years supply chains have been heavily focussed on reducing inventory and capital through the centralisation of stock. This model ensures highly effective distribution networks and excellent customer service, however, it was developed at a time when the cost of capital was relatively high and the cost of fuel was comparatively low. In light of the dramatic …
Given volatile supply chains, commodity prices and currency rates, how are CFOs protecting revenues and profits? On Christmas Eve 2008, Zavvi, Britain’s largest independent music retailer, went bust. But this wasn’t a failure of falling sales and missing profits, indeed revenue was up 10% earlier in the year despite the recession. No, Zavvi went into administration due to a lack …
