About Thomas Craig

LTD provides logistics consulting for strategic and tactical needs. The scope of capabilities is broad--supply chain management, outsourcing, transportation, warehousing, inventory management, and more for both domestic and international needs. Clients include retailers, wholesalers/distributors, manufacturers, logistics service providers and 3PLs.
Are You Inventory Rich and Cash Poor?
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A contract manufacturer turns inventory 3.6 times. A retailer turns inventory 4.1 times. A wholesaler turns inventory 4.4 times.

Creating Supply Chain Value w/ Cycle Time & Inventory Yield

A supply chain is not a series of links forged together for a common purpose. That is a nice image. However it minimizes the reality of the chain and how each link in that chain must design its own logistics process to function within the chain.

3PLs Need to Take it to the Next Level – How to do it

Outsourcing of supply chain management tasks has been functioning at a similar approach level for years.

Lean SCM – More Essentials

Being able to understanding and identify waste then requires removing that waste. The initial question then is where and how to begin implementing lean supply chain management.

Lean SCM – The Essentials

A major mass merchandiser has decided to go leaner with its inventories.

Accounting and Logistics Costs – an Impediment to Supply Chain Effectiveness
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Supply chain management (SCM) is one of the key drivers in today’s business world with offshore sourcing, foreign competition and global markets.

Sharper Focus for the Global Chain

Lean is about flow and the elimination of waste. Waste can be defined as anything that does not add value to the product – anything that the customer would not want to pay for.

Supply Chain Management – 6 Topics to Where it is Going
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Supply chain management has grown in company importance and value contribution from its roots as “shipping and receiving”.

Lean Logistics-Understanding

Supply chain management was designed to take waste out of supply chains-waste as to excess inventory, time and cost.

Outsourcing Offshore Supply Chain Management What It Is And What It Isn’t

Outsourcing is having work or an activity done by people who are not employees of the company. It is not new in logistics. Outsourcing existed before the topic earned a name and became business chic.

Sarbanes-Oxley and Supply Chain Management

What is Sarbanes-Oxley, and what does it have to do with supply chain management? Those are good questions. And the answers are-an act passed by Congress and plenty.

Lean Logistics For Importers

Lean supply chain management is a challenge for manufacturers, wholesalers, distributors and retailers. Being lean means removing waste from operations.

Create Supply Chain Value Proposition With Yield Management And Supplier Management

Supply chain management (SCM) executives struggle with what their responsibility and role is. SCM crosses the organization. It is both strategic and tactical. It serves both cost and service mandates.

Transform SCM By Creating Value The Unrealized Potential

The original purpose and intent of supply chain management (SCM) was to remove excess inventory from the supply chain. With technology, process and people, uncertainty would be reduced. Efficiencies would result with integration, visibility and collaboration. Lean, agile and streamlined would be the standard.

Outsourcing Supply Chain Management 3 Issues to Go Beyond Buyer-Seller Relationship

Companies outsource for many reasons. They look to reduce costs, shorten cycle time, improve shareholder value, decrease inventory, focus on core competencies, gain information technology, increase expertise and more.

Cycle Time Reduction – Driver to Supply Chain Management Results

Whether you are a 3PL, manufacturer, wholesaler, distributor, retailer, importer, exporter, supplier, customer, logistics service provider or other type of firm that participates in supply chain management, a major key to success is time compression. Increasing velocity, rapid response to changing market conditions, minimizing time-and sustaining that velocity–are the reasons for collaboration, integration, supply chain visibility and other endeavors to accelerate the movement of product and information.

Lean Supply Chain Management
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Lean supply chain management is for many companies. It is not just for manufacturers who practice lean management. It is also for non-manufacturers, wholesalers, distributors, retailers and others.

3PL Primer for Business Success

Outsourcing of logistics tasks and supply chain responsibilities is a dynamic model. The most interesting aspect is that companies-manufacturers, retailers, wholesalers, and distributors-are turning over parts of their supply chain to firms that have their roots as commodity service providers. Firms that know ocean shipping, forwarding, warehousing, or trucking are now handling and, in some cases, managing broad domestic and international logistics activities.

More Challenges for Supply Chain Management

Supply chain executives have a daunting daily challenge managing a global supply chain. They must keep customers or stores properly stocked and deliver the perfect order every time. They must balance the need for low costs, proper inventory levels and maximum service. They must ensure that supply chain management is an integral component of the company’s strategic direction and plan to create and maintain competitive advantage. If that isn’t enough, they have three more challenges to deal with.

3 Issues to Supply Chain Management Success – Process, People, Technology

Supply chain success just doesn’t happen. It takes focus and effort across the entire company organization and with outside suppliers and service providers. Logistics touches every part of a company. So supply chain management must be multidimensional in its approach and scope. And this takes process, people and technology. This is true whether you are a wholesaler, retailer or manufacturer. And it is true if you are lean and need to be agile, flexible and collaborative.

Aligning the Inbound Supply Chain with Company Requirements

CEO’s and CFOs have to ask themselves four questions.

Supply Chain Management For Middlemen

Wholesalers, distributors and other middle parties-between customers and suppliers-fight the challenge of being price competitive and service responsive, while making a profit. The traditional role of middlemen has changed. Customer base, customer locations and market size have expanded. More is expected and required. With all these pressures to compete and to differentiate yourself, there is one approach that some have successfully implemented as part of their strategic business plan and tactical operation while others have given token recognition to-supply chain management.

Make Your Supply Chain Better – Assess It

Supply chains are dynamic. Supply chains are complex reaching into many customers and back into many suppliers throughout the world. Supply chain requirements are dynamic. Suppliers change; customers have new destinations and new shipping rules. Responsiveness increases; time compresses. Agile and lean are not options; they are mandatory. Collaboration and integration are ways to accomplish the needed result in a joint effort. Supply chain visibility is necessary; exception management and event management let you focus limited resources.

Outsourcing Supply Chain Management – 8 Issues

Outsourcing is done for various reasons. The driver can be generating cost reductions and downsizing; this has been a traditional reason for outsourcing. But there are others, such as gaining capabilities that are not available internally, implementing lean programs, streamlining operations, strategically positioning the company, or improving or adding capabilities to gain competitive advantage. Regardless of the reason, outsourcing succeeds when it is well thought out and done properly.