5 Key Supply Chain Assessment Benchmarks
If you're looking to improve your supply chain management systems, these quick tips can help you get started.
Are You Using Stories To Your Advantage In Your Supply Chain Planning Process?
Humans love stories and learn best from examples. Behavior scientists have even given a name to this common practice: Narrative Bias. In simple terms, the human brains understands and retains facts much better if there is a story binding them together. This concept has been talked about by many authors in many different contexts and
Making Good Decisions All the Time, Not Great Decisions Just Some of the Time
In my experience with several different companies, it is evident that companies make great decisions some of the time. Unfortunately, being successful only some of the time doesn’t cut it. The key to business success is to make good decisions all of the time. Company success is much like investment success. It requires a disciplined
Illusion of Capacity and Rabbit in the Hat
One value of supply chain modeling is the ability to explicitly model capacity or constrained resources. Which products get what capacity in what amount at what time? How does this impact on-time delivery? Where do I add capacity? These types of questions are custom made for a “little bit of math” and difficult to do
15 Questions to Ask When Collaborating with Marketing and Product Managers
Extending sales and operations collaboration requires a clear articulation of business rules and information transfers. As a result, knowing exactly what questions to ask is crucial. In this short blog series, I will provide a list of questions to ask the various roles and people involved in the S&OP process. These questions can make a
Implementation Considerations
I am fairly new to the supply chain industry. Ever since joining Arkieva, I have been immersed in all things manufacturing, planning and optimizing related. As I worked with my colleagues I observed that naturally every company is different and these differences can be seen especially during the implementation process. The steps, rules, politics, etc.,
Why do Supply Chain Planning Improvement Projects Deteriorate and How to Keep Them Alive
Supply chain planning improvement involves a series of projects separated by periods of institutionalization. Unfortunately during these periods there are many opportunities to regress to the “old ways of doing things”. Industry thought leader Lora Cecere mentions and depicts this phenomenon in her research through the use of orbit charts (see chart below).