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Supply Chain Weak Links Affect Consumers Adversely
Supply Chain Weak Links Affect Consumers Adversely
The supply chain industry in Ireland continued to grow in the last 12 months with a number of multinational companies setting up EMEA manufacturing or virtual headquarters across the country from Galway to Cork and Athlone to Dublin. Candidates are coming to the Irish market in large numbers, in particular experienced Irish supply chain professionals are returning from Australia, Canada and the United Kingdom. This in turn increases supply of candidates but they are being more selective of the jobs and the salaries they require. There is currently a gap in the market between what companies are paying and what candidates can now demand. In 2016 salaries increased in the pharmaceutical, medical devices and food industries, however companies with exposure to Brexit in terms of exports will keep salaries constant as they navigate the ramifications of the changing political landscape. After speaking with senior managers and directors all year about developments at their companies a number of key trends have emerged. Real-Time Tracking for Consumers is Paramount for Customer EngagementFor any company that is supplying produce or specific products directly to consumers, real time tracking is essential to keep the customer engaged. With the world being “smaller” and more connected, consumers have a myriad of choice when it comes to spending their money. This leads to impulse buys and the expediency of a speedy delivery, is essential. This is making the visibility of tracking technology used by the company directly or third party logistics (3pl) providers vital. Plan, Plan, Plan – Improvements are Always NeededBrexit, currency fluctuations, increased tariffs, geographical disruption – supply shocks are everywhere. 2016 was a year of turbulence and change with most of the aforementioned occurrences unpredicted at the start of the year. However, regular planning or even reactive planning to changing market conditions was essential for nearly every company dealing with a changing geo-political environment in Ireland, the EU and beyond. Flexible Supply Chains V Lean Supply ChainsThe focus over the past number of years, and rightly so, has been to champion Lean principles throughout the supply chain. This has led to companies reducing costs and trying to improve processes on a regular basis. Between supply shocks and the changing global economic and political landscape, companies can be left with major stock shortages affecting key parts of their supply chain. With consumers being more transient, keeping or maintaining service delivery through a period of disruption is key. More and more companies have set up excess stock facilities and depots for excess raw materials to insure continuation of supply instead of irreparable damage to their brand over the long term period. With expansions and new system implementations rampant as companies seek to increase market share and deliver a better service offering to consumers, supply chain experience to improve and create a flexible supply chain for a European marketplace is being sought in the form of senior contractors for certain durations from 2 months to 2 years. For those in Supply Chain or interested in getting into it, courses to upskill in a different ERP system would be hugely beneficial the movement evermore to Big Data and its usages across the supply chain function. Supply chain qualifications as a primary degree are becoming more in demand, putting certain candidates at a disadvantage therefore bettering a qualification is advisable. Undertaking a supply chain course, particularly one with classroom participation, thus drawing from other students’ supply chain experience would be advisable as more and more companies are looking for people to have a supply chain qualification on top of their initial degree.
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Balancing Work With Further Education
Balancing Work With Further Education
People are always looking to better themselves through education in the hope that it will lead to job security or better job opportunities. Further education can be personally and professionally very demanding. It is imperative that perspective students understand their own needs, interests and what time they can give to a part time college course in order to maximise the chance of course completion and doing well in exams. To choose the wrong course is to throw away money and waste time. Colleges have varying options to accommodate the demands of perspective students. Distance learning, Online Courses or Attending Classes are the most viable solutions to completing a course while maintaining a work / life balance. Each option offers advantages and disadvantages: Distance Learning has the advantage of not having regular classes. Courses run by institutions such as Open University (UK based) or Oscail (Irish based) run weekend classes once a month while sending out the necessary relevant learning material and asking the student to submit assignments by pre-set timelines. Unfortunately if student hasn’t the ability to self motivate, or has constant distractions, it is very difficult to successfully complete a course this way.Online Courses do not have any classes at all therefore offering no demand on time for attendance. Online courses offer flexibility on when assignments are done to fit in with a busy schedule. The disadvantages are similar to Distance Learning with the added difficulty of not having the tutors to meet, making it onerous to get feedback on queries or guidance on subject matter.Attending part-time college offers all the advantages of full time college students. There is regular access to lecturers through phone, meetings and e-mail. The opportunity to interact with other students gives the opportunity to learn from others and easy access to libraries enhances the ability to read course material without the cost of downloading or needing to buy literature. In saying that, attending college is very demanding on time. College can consume anything from one to three evenings a week for the duration of the course. Colleges do offer the chance to take a course over a longer period in an attempt to lessen the time pressure on students. Weekend courses are also an option but again do consume a lot of time for attendance. On deciding which form of further education to follow, getting the work / college / life balance right is critical. In order to achieve the end goal, of a qualification and retaining a job, time should be taken to prepare for a new course. Some tips to assist in the succeeding of all aspects of college are:Organisation: Write down the agenda of what needs to be done weeks and months in advance. The start of a course can creep up quickly so creating a diary around attendance, studying and exams will help create a constructive pattern to help in progressing. Don’t forget to make time for food…….”A healthy body equals a healthy mind”Time Management: Institutions give a timetable (for classes, exams, assignment submissions etc.) in advance of the college year. Ensure to know the timetable to avoid the stress of “last minute cramming”.Prioritise: Once the course has started it is important to understand subjects that cause more “work” than others. Ensure to allocate appropriate resources to each subject allowing for the maximum chance of passing the course.Hard Work: Working a nine-to-five job is tough, add the pressure of college, and time will come where sleep feels like the only option available. Focus, take each day and each study session as it comes. When in class or studying, commit to the task at hand. Take as many notes as possible as writing helps solidify what has been taught. Further education coupled with work is tough. Remain focused on the goal, it is worth it.Make friends: Getting to know others studying the same course will help, it is a great way to see alternative ways of thinking about subjects. Other students are in the same boat so will be willing to help each other and empathise with the situation and challenges at hand. On the times you can’t make class, friends will take notes for you so nothing is missed.Persistence: Attend college. The longer the year goes on the harder it can be to attend. Winter nights, the rain, snow and darkness make everything tough. Persistence in getting to class and doing assignments will stand you in good stead come exam time.