Satisfy Customers First, and Cost Cuts Will Follow
Think carefully about your real objective. Are you truly interested in cost cuts? For my part, I have yet to hear of a company vision, mission, or strategy that’s related to cutting costs.
Think carefully about your real objective. Are you truly interested in cost cuts? For my part, I have yet to hear of a company vision, mission, or strategy that’s related to cutting costs.
As we head into a New Year, it makes sense to take stock and think about your supply chain shortlist. To get you started, we've developed a list of questions to ponder: Do you consider your supply chain from the holistic point-of-view? From cradle to grave or product inception [...]
Apple has developed its own processors for years but has recently increased its focus on the in-house design of components.
Growth is a hot topic. Regardless of your industry, if your company isn't growing, it is dying.
Sears was the former Amazon just about 100 years ago, growing 50-fold within a decade with its world-famous catalog and then transforming from a mailing company to a brick-and-mortar giant.
Where are you sourcing from currently? Don't just jump on the new bandwagon of reshoring but you should give your total cost of ownership a second look as well as dig into your customers' expectations and sourcing impacts.
Supply chain disruptions are commonplace - and often unavoidable. Are you planning for the most likely supply chain impacts in your business?
I'm excited to participate on the "Professional Pathways in Supply Chain" panel at the Drucker Supply Chain Forum. This panel applies equally well to students and professionals as there is an unprecedented need for strong supply chain talent in the marketplace.
Walmart elevates supply chain efficiency with rigorous OTIF standards, urging suppliers to enhance delivery performance or face penalties.
A strategic focus on supply chain can dramatically influence your business's success, competitiveness, and resilience. Is it top of mind?