In my recent post on going places, I put forward some of my thoughts on how a young college graduate should approach their career. Here is a different take on the same topic. Let me indulge the civil engineer in me (or what is left of what I learnt in my college days). Let us think
Sujit offers some advice for recently graduated college students to help them succeed in the world of not only Supply Chain, but any business and life venture.
Last week I wrote about my mistake of not paying enough attention to the math behind Return on Investment (ROI). I got a few comments from readers that made me think of elaborating from a Supply Chain planner’s point of view for why everyone in the supply chain should learn the ROI math.
One of the biggest mistakes a supply chain planner can do is have an aversion to learning the math behind ROI (Return on Investment) that can come from working on a business’s supply chain plans.
Sometimes companies implement a forecasting system but do not realize the anticipated gains in the forecast accuracy. Very often, it is not the actual software but the setup that is to be blamed. And I do not mean the setup at the technical (parameter level) but more the process level. Read this blog post on how to get the setup right.
Looking for the characteristics of an excellent supply chain? Look no further. Many colleagues have provided their input on the topic. Also look for the first part of this post from a few weeks ago.
Renaud Perray of Cardone Industries was recently recognized as the Supply Chain Pro to Know by the Supply and Demand Chain Executive Magazine. We extend our congratulations to Renaud and his team via this blog post.
What makes an Excellent Supply Chain? Are there certain key factors that can point to a supply chain being excellent? When asked this question, I thought of the list in this blog which I consolidated alphabetically under ABCD. I am hoping folks who read it will provide their own ideas via comments and together we will make this list the A to Z of an excellent supply chain.
Are you a current supply chain planner? Or are you fixing to become one? Have you wondered what makes someone a good supply chain planner? In this post, I have compiled 5 principles for supply chain planners to follow.
Are the researchers in the academic world aligned with the expectations and needs of the business world when it comes to the world of forecasting? Or are the two very different? What can the academe do that will be of value to the business folks? Read on to see some of my thoughts on this topic.