Drivers of supply chain

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 · what are the supply chain drivers? The supply chain drivers are grouped under two main drivers: 1. logistics drivers. 2. cross functional drivers. 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.  · Why some say the worst of the supply chain woes are near an end That's a 30% increase from before the pandemic, when the industry already faced a labor shortage of 61, drivers. "That's a pretty.

These drivers of the supply chain are discussed in the following paragraphs: 1. Production. The performance of the supply chain is very much dependent on a production like, what is produced, how it is produced (the manufacturing process used), and when it has to be produced. 2. Adjust the supply chain drivers as needed to get those capabilities. The five drivers provide a useful framework for thinking about supply chain capabilities. Decisions made about how each driver operates will determine the blend of responsiveness and efficiency a supply chain is capable of achieving. Cross-Functional Drivers: Information, sourcing, and pricing are cross-functional drivers, which determine in some ways the performance of a supply chain. Information is data about facilities, inventory, transportation, costs, prices and customers throughout the supply chain, also gives shipping option to managers.

Learn how to design and optimize the physical, financial, and information flows of a supply chain to enhance business performance ​– part of the MITx MicroMasters Credential in Supply Chain Management​. Learn how to design and optimize the. New insights indicate the weakness of global value chains To revisit this article, visit My Profile, then View saved stories. To revisit this article, select My Account, then View saved stories By Tim Nelson There’s no denying that COVID Supply chains can be confusing to newbies and experts alike. Use these tips and resources to learn more about supply chains and logistics, and why they're so important to every business.