Tag

Cash-to-Cash

Why Financial Reengineering Does Not Equal Supply Chain Improvement

By | metrics that matter, Uncategorized | 5 Comments

Financial Reengineering is the radical redesign of business processes and organizational structure in order to achieve significant improvements in performance, such as productivity, cost reduction, cycle time, and quality. It is the basis for many recent developments in management. Sounds good? Right? Think again. The traditional supply chain leader was only focused on cost reduction. This sounds aligned with financial reengineering. Right? The correct answer is “Wrong.” Let me explain. Financial…

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Measuring Up?

By | metrics that matter, Supply chain excellence, Supply Chain Excellence, Supply Chain Performance Index, Supply Chains to Admire | No Comments

The average manufacturing company’s supply chain organization is 15 years old. Historically, the traditional supply chain focused on improving costs. Today more mature supply chain teams focus on delivering value. While companies want to improve supply chain performance and drive value, it is easier said than done. The first question to answer is, “What defines value?” The journey for value requires a clear definition and analysis of what is possible….

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cost cutting efforts

Changing Mental Models

By | Uncategorized | No Comments

Over the course of the last week, I have been working on healthcare research. We finished our report on the maturation of hospital supply chains, and I have put the finishing touches on the Healthcare Supply Chain Index for this Thursday’s webinar. I also had the opportunity to speak at the GHX conference and facilitate a leadership workshop on the required changes for implantable devices.  As I worked with healthcare leaders,…

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Raise a Glass to the Smell of INK!

By | Bricks Matter, Supply Chain, Supply Chain Insights, Supply Chain Insights Community | No Comments

My soul craves a holiday. Like many of you, I’ve sat in one too many airline seats, hustled for one too many cabs and slept in too many hotel beds. I need to unwind. I want dust to gather on my suitcase as I bake my special holiday treats. I crave time to step off the treadmill of life to think. It is time for reflection and celebration. The book Bricks Matter is currently…

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