Will Big Data change the world?
How will Big Data change the way we work and approach the world?
How will Big Data change the way we work and approach the world?
Is it possible to use a company's public financial data to strategically benchmark inventory? Bram answers this in the two part conclusion to his 'Inventory Benchmarking’ blog series.
Is it possible to use a company's public financial data to strategically benchmark inventory? Bram answers this in the two part conclusion to his 'Inventory Benchmarking’ blog series.
In this post we talk about how to align the Supply Chain Triangle with your business strategy and the three types of leader strategies observed by Treacy and Wiersema: Product Leaders, Opex Leaders, and Customer Intimacy Leaders.
As a follow-up on two earlier blogs ‘Balancing Cash Cost and Service: The Supply Chain Triangle’ and ‘The Best Practice Frontier in the Supply Chain Triangle.’ Bram explains the importance of using financial benchmarking for inventory turns and working capital.
The day is nearing where the next CEO will be a former VP of Supply Chain. Continue to develop your skills and you will become a great fit for that position in the future.
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.
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.
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.