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Published

20100318

Supply Chain Management – benefits for all

Summary

On most major projects the supply chain accounts for 60_85% of the project spend, but frequently attracts the least attention from the management team. Supplied items are often highly complex and represent significant projects in their own right, yet the same procurement procedures that are used for buying routine commodities are sometimes employed. The selection of partners in the supply chain is a key part of the project strategy, but supplier capability often goes untested until it is too late. Evidence shows that monitoring and controls are also weak and that commercial terms often present a barrier to good performance. Looking at these and other supply chain issues, this seminar examined best practice in supply chain management. It brought together speakers from academia, consultancy, research, client and supplier, and represented a wide cross section of experience from different industry sectors, including health, finance, aerospace, automobile manufacture, rail and shipbuilding.