DEMEP event: How to Take a Strategic Approach to Supply Chain Optimization
Date and Time
Thursday Jun 30, 2016
8:00 AM - 1:00 PM EDT
Location
New Castle County Chamber of Commerce, New Castle, DE 19720
FROM THE SOUTH:
I-95 North
Take Exit # 4B/ Rt. 7
On Rt. 7/Rt. 1, go to Exit 166 (Churchmans Crossing/Rt. 58E) and turn left onto Churchmans Road (Rt. 58 - Office Depot will be on your right) Travel past former Chamber offices 1.5 miles
Turn Left onto Airport Rd / DE-37 N 1.1 miles
Turn Right onto Penns Way (just past Emory Hill Offices) <0.1 miles
End at 12 Penns Way building on the Left up on the hill
FROM THE NORTH:
I-95 South toward Newark/Baltimore
Merge onto DE-141 S / US-202 S via Exit 5A toward US-13 / New Castle 1.5 miles
Turn Slight Right onto Commons Blvd/ DE-37 S 0.7 miles
(FedEx is on your right)
Turn Left onto Penns Way (NCC Government offices on your right) <0.1 miles
End at 12 Penns Way Building on the Left up on the hill
If you have any trouble finding the New Castle County Chamber offices, please call (302) 737-4343.
Website
Contact Information
(302) 737-4343
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Description
The Delaware Manufacturing Extension Partnership (DEMEP) Presents How to Take a Strategic Approach to Supply Chain Optimization Within the National Supply Chain Optimization progra, DEMEP is your only local resource able to help you focus on the critical areas of the supply chain at all levels; from the top tier through all supporting tiers and value chains, down to the lowest tier. Date: June 30, 2016 Time: 8:00 am – 1:00 pm Cost: Free through sponsorship of the U.S. Department of Commerce Location: New Castle County Chamber of Commerce 12 Penns Way New Castle, DE 19720 Light breakfast and lunch provided. Registration is required. Please call Jim Jones at jjones@demep.org or 302-283-3135 or Sara Collins at sfcollin@demep.org or 302-283-3136 Learn how to take a strategic approach to supply chain optimization by focusing on the critical and highly important aspects of your supply chain. Critical: Better total cost of ownership decisions Increase effectiveness of ERP/MRP Mitigate global risks Reduce/manage volatility Expand supplier matching capabilities to source for emergent needs Improve OEM/Supplier product development collaboration Highly Important Document supply chain strategy Align supply chain metrics with long-term business focus Identify and adress choke points in a sustainable manner Optimization of supply chain Recognize the emergent needs for future capabilities and technology Enhance value chain collaboration among suppliers, OEMs and customers A study by Georgia Tech showed that a company's stock price drops up to 8% when they experience a glitch in their supply chain. A study by Bain & Company showed that companies emplying focused sophisticated supply chain methods enjoyed 12 times greater profits then companies with unsophisticated methods. Accenture Consulting research shows a supply chain can account for 50% to 70% of a manufacturer's total cost of doing business and more than 50% of its assets. DEMEP, helping Delaware become an internationally recognized leader in manufacturing excellence. Registration is required. Please call Jim Jones at jjones@demep.org or 302-283-3135 or Sara Collins at sfcollin@demep.org or 302-283-3136