Prof. K.V.S.S. Narayana Rao had the vision to declare in 2013 that supply chain industrial engineering is a relevant task for industrial engineers and IE communities have to make the effort to develop it.
Supply Chain Industrial Engineering
Presentation made in a seminar "Recent Trends in Industrial Engineering" organized by National Institute of Technology, Surat and IIIE Chapter Surat on 6 April 2013.
Part 1. Supply Chain - Industrial Engineering Tools and Techniques
2,361 views - Uploaded on 8 Apr 2013
Part of the presentation on Supply Chain Industrial Engineering - A Proposal. Supply Chain Industrial Engineering Video ( • Supply Chain Industrial Engineering ) has the remaining part of the presentation.
____________________
https://www.youtube.com/watch?v=xsKJ7J_fEpc
_____________________
Part 2
Supply Chain Industrial Engineering
1,550 views 8 Apr 2013
____________________
https://www.youtube.com/watch?v=XSEWec1GrIQ
_____________________
Deloitte
Restructuring the supply base: Prioritizing a resilient, yet efficient supply chain
Resilience in supply chains held the spotlight for many years; however, the focus appears to be shifting back to efficiency as companies consider costs and margin pressures
23 May 2024
•
Deloitte Research Center for Energy & Industrials.
Optimizing the balance between performance and cost.
Gartner
The Future of Supply Chain: Resilient, Agile, Purpose-Driven
February 26, 2021
Contributor: Sarah Hippold
The future of supply chain is to balance resilience vs. cost containment
One of the top priorities for companies now is to improve supply chains’ resilience and agility in meeting customer needs. At the same time, the pressure to contain costs isn’t going away as customers demand competitive pricing and CEOs watch their margins.
Most supply chain executives agree that their supply chains were primarily designed for cost efficiency. The challenge for supply chain leaders and their organizations now is to find new trade-offs between cost, speed and service in a changing landscape where uncertainty and higher customer expectations go hand in hand.
“Being purpose-driven is not just about doing no harm to stakeholders, but also positively amplifying benefits”
https://www.gartner.com/smarterwithgartner/the-future-of-supply-chain-resilient-agile-purpose-driven
5 Levers for Optimizing Your Supply Chain Costs
Create a strategic vision to manage end-to-end supply chain costs
The Gartner Supply Chain Budget and Efficiency Benchmark enables CSCOs to gain more clarity on the operational and capital expenses across all the key functional supply chain areas. This interactive, online tool allows supply chain leaders to benchmark key metrics to:
How Gartner Helps Optimize Supply Chain Costs
Supply chain costs span across all functions including planning, sourcing & procurement, logistics, manufacturing, customer fulfillment, supply chain technology, central supply chain management, transportation, warehousing, supply chain consulting & professional services, supply chain personnel, and supply chain capital.
Supply chain organizations are facing challenges stemming from high inflation, macroeconomic and geopolitical pressures. These challenges are coupled with rapidly changing customer expectations and an advancing technological landscape. Chief supply chain officers (CSCOs) are striving to shift resource allocation to address changes in capacity and demand, balance costs and build stronger cases for investments.
The Gartner Supply Chain Budget and Efficiency Benchmark enables CSCOs to gain more clarity on the operational and capital expenses across all the key functional supply chain areas. This interactive, online tool allows supply chain leaders to benchmark key metrics to:
Establish a baseline of total supply chain spend and staff levels
Compare supply chain spend and staffing to revenue, industry and regional peers
Pinpoint areas to adjust functional spend and resourcing to drive business priorities
Establish future budgeting or efficiency goals
Cost optimization
Gartner defines cost optimization as a business-focused continuous discipline to drive spending and cost reduction while maximizing business value. The distinction between cost reduction and cost optimization is more than rebranding. Aspirations to improve efficiency are constrained by the primary responsibility of supply chain to deliver high-quality products and timely service to customers.
Prof. Narayana Rao highlights to industrial engineers - Effectiveness first - Efficiency next.
How can leaders improve operation efficiency through supply chain cost optimization?
Improved operating efficiency stems from better planning decisions within and across functions. This cost optimization effort that takes weeks to months, and involves cost planning models, reporting and analytics. Supply chain leaders are challenged to increase awareness, provide visibility and reduce waste.
https://www.gartner.com/en/supply-chain/trends/supply-chain-costs
McKinsey
Ernst & Young
How to reduce supply chain costs and adapt to market uncertainty
Sumit Dutta
Principal, Supply Chain & Operations, Ernst & Young LLP
17 Jan 2023
Supply chain leaders should identify efficiencies and reduce costs, making sure initiatives are targeted and sustainable.
In brief
Becoming more efficient is a rising concern for supply chains amid financial pressure and unpredictability in the global markets.
Supply chain executives are looking for sustainable cost reductions that go beyond stop-gap efforts.
Cross-functional levers should be employed, so that programs are not solely confined to the procurement function.
https://www.ey.com/en_us/coo/rapid-supply-chain-cost-reduction-strategies
BCG
Five Ways to Make Supply Chains More Cost Efficient
By Dustin Burke, Jacopo Brunelli, and Ashish Pathak
Article March 06, 2025
https://www.bcg.com/publications/2025/ways-make-supply-chains-cost-efficient
Oracle
12 Ways to Reduce Supply Chain Costs
Jim Hearson | Senior Writer | November 26, 2024
https://www.oracle.com/in/scm/reduce-supply-chain-costs/
-------------
Supply Chain
Industrial Engineering Process Charts
https://nraoiekc.blogspot.com/2020/09/supply-chain-industrial-engineering.html
Supply Chain Industrial Engineering - Bibliography
Productivity and Efficiency Improvement in Supply Chain Partner activities is practiced by Toyota Motors.
Productivity and Efficiency Improvement in Supply Chain Partner activities.
This applied IE was started by me in 2012.
https://nraoiekc.blogspot.com/2012/01/supply-chain-industrial-engineering.html
Top Companies - Supply Chain Industrial Engineering Initiatives & Projects
https://nraoiekc.blogspot.com/2020/08/top-companies-supply-chain-industrial.html
SUPPLY CHAIN INDUSTRIAL ENGINEER - DOLLAR GENERAL
https://nraoiekc.blogspot.com/2023/05/supply-chain-industrial-engineer-dollar.html
Supplier Development - Supply Chain Industrial Engineering
https://nraoiekc.blogspot.com/2021/12/supplier-development-supply-chain.html
Supply Chain Industrial Engineer - Jobs and Job Descriptions
https://nraoiekc.blogspot.com/2020/08/supply-chain-industrial-engineer-jobs.html
Supply Chain Industrial Engineering - Some Ideas
Managing the Enterprise Supply Chain - Industrial Engineering Management Chapter XI of the E-book
https://nraoiekc.blogspot.com/2021/10/supply-chain-industrial-engineering.html
Supply Chain Industrial Engineering - Supply Chain Productivity Improvement - Coca Cola
https://nraoiekc.blogspot.com/2019/12/supply-chain-industrial-engineering.html
Optimizing Supply Chain Management: Strategies for Enhancing Efficiency and Reducing Costs in Manufacturing Industries
August 2024The Journal of Academic Science 1(1):37-44
DOI:10.59613/v6x21s59
LicenseCC BY 4.0
Authors:
Sutresna Juhara
https://www.researchgate.net/publication/383891796_Optimizing_Supply_Chain_Management_Strategies_for_Enhancing_Efficiency_and_Reducing_Costs_in_Manufacturing_Industries
Ud. 26.9.2025
Pub. 25.9.2025
No comments:
Post a Comment