Biggest Mistake: Ignoring the Math behind ROI
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.
My Vision for Supply Chain 2020? Deep Integration!
What will the Supply Chain be like in the year 2020? In the evolution of supply chain, people, process and technologies must be aligned correctly to achieve maximum results, and leaders must connect the dots to ensure supply chain becomes more market driven.
Balanced Supply Chain Careers for a Balanced Supply Chain
We believe that when building your supply chain career, you should build in lateral moves, growing both horizontally and vertically. Will you have the necessary skills to build the supply chain of the future, balancing service, cost and cash, in order to maximize ROCE?
Balancing Cash, Cost and Service: The Supply Chain Triangle
When launching an inventory reduction program, success is contingent on keeping the Supply Chain Triangle in balance. However, keeping Cash, Cost and Service in balance may prove difficult for a traditional supply chain organization whether the business is a success or if it is struggling. Please read more to learn how to deal with pressure within the Supply Chain Triangle.
Three Steps to a Better Statistical Forecast Setup
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.
Customer-Product Segmentation Projects in B2B Environments
Have you just started a customer-product segmentation project? Sales is king, but you need to define a strategy and carefully plan which customers and products to grow, and which opportunities are the right ones to seize. Read this post from Bram for many useful ideas.
The ABCDs of an Excellent Supply Chain – Part Two
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.
Want a gold medal? Forget the Traditional Approach When Driving a Supply Chain Technology Project!
The traditional approach of doing a software technology project has been to do blueprinting, followed by software selection and then implementation. In this post, Bram argues that it is time to shake things up and do it differently.
Congratulations Renaud Perray
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.
Supply Chain Planning and an Uncertain Economy
Supply Chain Planning deals with the future and therefore uncertainty with economy. As a result, the planners sometimes have to question other people’s assumptions. Whether for this or some other reason, they do not get credit that is due to them for the great job they do. Eric Wilson from Tempur Sealy gives them the due credit and then some and calls them the super heroes of business. We agree!