04/12/2022

"Supply Chain Management" seminar - April 12, 2022

The meeting was held at the Drake Oak Brook Hotel,  Oak Brook, IL.

"Supply Chain Management" – 4/12/2022

The Electrical Contractors' Association of City of Chicago (ECA) Research and Education Committee was pleased to have presented a seminar called, "Supply Chain Management." The seminar was conducted by Stephane McShane (Maxim Consulting Group) and was held on Tuesday, April 12, 2022 at the Drake Oak Brook Hotel,  Oak Brook, IL.

Program Background

Nearly 40% of every dollar that runs through and organization is materials. However, the industry pays little attention to supply chain because the risk is in the labor, not the materials. The session explored how to better leverage your supply chain to not only drive down material prices and costs associated with the “ing’s” of finding, buying, invoicing, payment, shipping, handling, etc. but also how to drive improvements in labor productivity through more effective use of your supply chain. Participants also explored basic supply chain principles, purchasing contracts, vendor managed inventory, consignment and full blow supply chain mechanics and the use of material requirements planning software and systems.

Following this course, participants will be able to:

• Understand the economics of materials and their impact on productivity and profitability
• Understand supply chain terminology and key concepts
• Evaluate options to improving your own supply chain
• Understand the impact of material requirements planning system

We thank Stephane for her time with the program!

Pictured above from left to right are:
Stephane McShane, Maxim Consulting Group and
Kendra Dinkins, ECA Research and Education Committee Chair,
Taylor Electric Company.

Pictured above is Stephane McShane, Maxim Consulting Group, as she began the seminar.