Supply Chain networks that are not set up to support scalable, profitable growth have a high likelihood of negatively impacting your customers, impeding your growth and consuming far more resources than ever imagined to sustain.
If there ever was a strategic topic of critical importance no matter your position in the supply chain, it is keeping an eye on global markets. Are you making this a priority?
At recent meetings of both groups, the importance of values arose. Do you have values? And, more importantly, do you LIVE by values or are they just pasted on your wall (and ignored)?
There are so many new technologies and combinations of technologies, it is extremely hard to keep up. How do you know which to pay attention to and which to ignore?
How recently have you gone on a tour? You might want to start by going on a tour of your company. As strange as it sounds, it can be eye opening if you take the view of an external tour and see what you observe. Better yet, take others with you and see what they observe.
On the 10 year anniversary of my business, I recognized 10 people for 10 years as LMA Advocates - people who have gone over and beyond, resulting in LMA Consulting's growth and success.
According to a new an Industry Week article, you can achieve amazing growth and success without robots and IoT! Combilift has used innovation, creativity and the customer experience to go it alone with amazing results! Safer, simpler, smarter is their tag line.
Have you thought about scaling your business? With the tremendous growth in manufacturing and distribution businesses in today's marketplace, it is certainly worth considering.
There is no doubt that the most successful executives utilize all of these techniques to make sure they generate a seemingly never-ending stream of ideas to increase the value of their business. Will you set aside time on a daily, weekly and monthly basis to priorities these activities?
Have you thought about the role of conflict and collaboration in the supply chain? When thinking of supply chain from creation to customer, there are many links and connections.
