Innovation can be game changing in supply chain – in fact, it is such a vital area for the European Supply Chain Excellence Awards that it needs three categories:
* Innovation in Supply Chain Practice
* Innovation in Fulfilment
* Innovation in use of technology
So what does it take to win?
Last year, the Award for Innovation in Supply Chain Practice went to the MOD with its Typhoon Availability Service (TAS) and the work undertaken with BAE Systems to support the aircraft. The judges said: “This is highly innovative and transformational in its sector and so, deserves the trophy for Innovation in Supply Chain Practice.”
Taking the trophy in the category Innovation in Fulfilment was the entry from BT Supply Chain Partners. The company has adopted an advanced transport management system that has streamlined and optimised its supply chain, handling the distribution of over 20,000 parts to 22,000 engineers each day. The initiative has resulted in a 30 per cent reduction in transport miles travelled – with an expected reduction in fleet size. Reverse logistics channels are also maintained by the system allowing collection and redistribution of items. For the judges, this was the winner.
In 2011, Innovation in Use of Technology was won by Bakkavör, the chilled food business. It created a platform to enable communication with suppliers, many of which were small farms. The approach has enabled the company to co-ordinate transport at optimum cost and has greatly improved supply chain efficiency.
The Awards are organised by Supply Chain Standard in partnership with PwC’s PRTM Management Consulting, and the winners will be announced at a Gala Dinner at the Hilton Hotel in London’s Mayfair on Tuesday 6th November.
Entry into the Awards is free – the deadline is Friday 8th June 2012.
You can find all the details of the awards on the web site: www.supplychainexcellenceawards.com
For more information contact: Dan Stone, E: firstname.lastname@example.org