BAB 14-The Supply of The Future ; 224412155

In  the  relatively  short  time  that  companies  have  been focusing  on  managing supply chains, the world has changed dramatically. Over the last three decades or so since the phrase ‘supply chain management’ was first coined we have witnessed a major trend to globalised supply chains, with activities that were once performed in-house now outsourced, accompanied by a dramatic increase in volatility in the business environment creating ever higher levels of uncertainty in both demand and supply. Whilst we cannot say with certainty what even the next few years will bring by way of change, there are some clear underlying trends which can provide some indication of the backdrop to the supply chain of the future.

the main elements that underpin structural flexibility include:

1. Visibility and information sharing

2. Access to capacity

3. Access to knowledge and talent         

4. Inter-operability of processes and information systems

5. network orchestration

The implications of RM for logistics and supply chain management are considerable:  firstly, RM  technology  can  enable  local-for-local  manufacturing  to  be achieved more cost-effectively; secondly, a much higher level of product customitation will be possible; thirdly, there is no need for inventory of finished product to be held; and, fourthly energy use and material waste are likely to be minimised.

 DAVID HAKIM ZEFANYA, LOGISTIC'12, S1-MLM, 224412155