Uses and Misuses of Benchmarks in Supply Chain Management
Benchmarks in Supply Chain Management There are lies, damned lies and statistics. Benjamin Disraeli Benchmarks are a peculiarly virulent form of statistics which can be used to make a positive change, or misused to make a dodgy sale. On one hand a benchmark, such as a world record in 100m race, can motivate an athlete […]
Successful Business Networking
Extract from the book “The 5-Star Business Network”, written by Vivek Sood Why Business Networks Are Important? Learn How To Make More Money With Business Networking. There was a time, not more than a few decades ago, if you were General Motors you would attempt to own every part of your business. The assembly lines, the […]
How Organizational Silos Can Ruin Your Supply Chain
Organizational Silos in Supply Chain Organizational silos are based on the division of labor, on organizing the labor in such a way that each individual specialized in what he/she knows best, so that it can all be integrated in such a manner that a cohesive whole which is created in the result is much better […]
My Experience With Freight Cost Reduction Using Supply Chain Software
Freight Cost Reduction Using Supply Chain One of the reasons I invest so much time and resources of our company in keeping current with the information technology is that good supply chain depends almost entirely on good information. And, your information is only as good as the technology deployed to collect, collate, store, parse and […]
The Universe of Workology
I cannot claim to know everything in the universe of workology. But after starting work at the age of 17 and worked almost continuously (barring a few short breaks for full time studies), for the last 34 years I do have a perspective. And, I do not hesitate to share it when the need arises. […]
Are You Making What You are Worth Supply Chain
One of my posts on LinkedIn sparked a lot of interest and a healthy debate. I am not sure about the reason for interest but seems like people agree with the above statement, as well as its reverse: The person who does less than s/he is paid for, will soon be paid less that s/he does. So, […]
Changing Role of Supply Chain Management in Digital Economy
Supply Chain Management in Digital Economy In the rapidly changing world – role of supply chain is constantly evolving. There are now at least three generations of supply chains and the confusion about the roles and expectations is leading to massive losses inside the corporations. Here are some insights and excerpts from my speech on […]
What Causes Supply Chain Confusion
About Supply Chain Confusion My last post “Supply Chain Confusion could kill your business“ generated several great comments from highly qualified professionals around the world, and in this post I want to explore the reasons for the confusion. Obviously, the confusion is debilitating, and unprofitable. I am sure readers will have their own experiences with the confusion […]
Optimising What? Why do Business Transformations Fail?
Business Transformations Fail Optimisation has always been a hot topic for strategists and business transformations executives. Now, as the mantle for leading corporations is moving from strategists to the integrationists and supply chain leaders – optimisation is hotter than ever before. When discussing business transformations, in my workshops, presentations and speeches, in particular I enjoy the audience interaction […]
Supply Chain Complacency is a Slow Poison
Supply Chain Complacency is a Slow Poison The sense of entitlement, complacency and the imperial privilege can be observed even today in almost all the nations that once had a great empire – Spain, Portugal, Britain and France. Unfortunately, now the same feeling can be quite frequently seen in the United States, Australia and even […]
