While these obstacles may seem intimidating to the average graduate, there are plenty of places to find great work. Extraordinary graduates with good business insight and information of supply chain problems always find their way to an opening that works for them. By casting their net wide, supply chain aspirants can find the most opportunities and the most points of entry obtainable. Graduates interested in supply chain vacancies should check out major manufacturers and industry leaders via their websites. Companies of all sizes are beginning to have sophisticated websites, which feature job listings and a look at the life of an average supply chain worker in a corporate setting. Supply chain graduates can review these sites on a regular basis to find updated jobs and comprehensive information on what to expect when employed with a particular company. After reviewing a company website directly, graduates should spread their search out to online job sites and trade publications. There are a number of great job sites available to the general public that offer specific links devoted to jobs in the supply chain field. These sites allow easy application, contact information, and anything else that a candidate would need to know about a potential job. As well, online and print trade publications offer a list of supply chain vacancies open to professionals of all experience levels. While print publications may not offer the updated information of a website, they certainly provide a combination of information on the industry and promotion of trainee programs.
Finally, graduates interested in supply chain vacancies should consult with a recruiting agency or placement service. These companies work with corporate clients of all sizes to find talented supply chain professionals to fill their open positions. As well, graduates who need to refine their CV or improve their professional skills can often work with recruiters to prepare themselves before heading out for their first day of work.
Getting your supply chain management right can give your business competitive advantage by lowering costs, greater efficiency and improving customer satisfaction by getting goods to customers faster. The impact of technology with the use of RFID tags to track pallets and shipments electronically and merging this into the stock and order management system is making the SCM aspect of a business an area of substantial opportunity for creating competitive advantage.
Now that all sounds fantastic with the ability to track individual shipments through the supply chain and maintaining data on product, serial codes, description, quantity and so on. Combining RFID data with barcode information creates even more information that can be manipulated and collected.
In truth though, what we have is a KPI nightmare with such a huge choice of metrics to choose from we are at serious risk of KPI overload with metrics duplicating information and business trends leading to information overload for management.
Remember that using KPI's effectively means that you first must select the right metrics to measure and ensure that managers fully understand what those metrics are actually telling them. The best metrics to use are those that combine in a ratio form and this means that we lose some of the underlying raw data trend that is available. Combining delivery time with order value will give us an index of how well we are at getting our order pipeline to our customer base but the smoothing effect of the ratio will hide long delivery times for low value products which may increase rather than decrease overall customer satisfaction leading to a knock on effect in customer care and contact center KPI's.
With any KPI scorecard system, choosing the right metrics is essential and less is also more. Remember Pareto's Principle, 80% of the benefit will be derived from 20% of the activity - the same applies with your metrics. Scorecards carrying twenty or thirty metrics are going to overload decision makers using the dashboard so keep it simple and reduce the metrics being used to those that are essential.
Allowing the metrics to be reduced means that managers can gain a far more intimate knowledge of what a metric is actually trying to tell them and this makes the difference between using the dashboard for a simple performance against target check and really unleashing the diagnostic and management power of a the KPI metrics. With the massive influx of data that is being collected and collated by an SCM system, it is very tempting to rush headlong into trying to use all of this information. The fact is that in those KPI systems where metric selection is rigorously kept to a minimum, managers tend to make more successful decisions that their counterparts operating a complicated, metric overloaded dashboard.
The adage here is that less is more and following Pareto's Principle, 20% of your metrics are going to give you 80% of the SCM information you really need to make effective management decisions.
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