Tag

Supply chain excellence

Our Walk In The Fog

By | Global Supply Chains, Supply chain excellence, Uncategorized | No Comments

Woolly descriptions. Fuzzy definitions. Over-arching superlatives. Last week as I spoke at an European event, I struggled to gain clarity in a world of increased confusion. If I struggled, I am sure that others face the same challenges. Together, we walk in a fog. Let’s reflect. Supply chain innovation is slowly simmering in the face of radical disruption. The supply chain visionary wants novel and new. I find technology providers…

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Rockwell Automation: Supply Chains to Admire Winner

By | Supply chain excellence | No Comments

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). In 2018, Rockwell Automation won the Supply Chains to Admire Award. To understand the journey, we interviewed Ernest Nicolas, head of the global supply chain at Rockwell to gain insights. In…

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L’Oréal: A Case Study in Supply Chain Excellence

By | customer-centric supply chains, Market-Driven, Supply chain excellence | No Comments

  François-Régis Le Tourneau leads the efforts at L’Oreal for Standards & Prospective Process Improvement.  At the Supply Chain Global Summit 2018, Francois discussed the impact of digitalization, Industry 4.0, and L’Oréal’s approach to business that has allowed the company to continuously rank as a Supply Chains to Admire winner for four consecutive years. The award, based on beating the industry peer group on rate of improvement on the key metrics of…

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Driving Transformational Change

By | Change Management | No Comments

There are over 10,000 change management books on Amazon. The return of search on the site gives a list of endless titles. You might ask, “Why are so many people writing about change management?” Followed by, “Does anyone read the books? Why then is Lora writing about it?” These are all good questions. Background Three weeks ago, I attempted to put my life back together from a recent move. Each…

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Building a Triple A Supply Chain: Ten Tactics That Work

By | customer-centric supply chains, Sales and Operations Planning, Supply Chain, Supply chain excellence, Supply Chain Leadership, Supply Chain Talent | No Comments

It was not my goal; but by accident, it became my mission. At Supply Chain Insights, as we combed through over 9000 quantitative responses on supply chain management from business leaders to understand what drives supply chain excellence in preparation for the Supply Chain Insights Global Summit. In the process, we proved Hau Lee’s theorem in the Famous Harvard Business Review Article, “Triple A Supply Chains.” Here is an excerpt…

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Software Planning: Satisfaction is Like a Flip of a Coin

By | Supply chain planning | No Comments

This week, after ten years, I am test-driving cars. I have not owned a car for a decade. City living has come to an end and it is time for me to get some wheels. Buying a car is overwhelming. I just want one that works. I find the process of negotiation, and comparison shopping tiring. My goal is safety and comfortability. It is hard to sort through the options. As…

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How Can You Seize Opportunity If You Cannot Manage Risk?

By | Risk management | No Comments

Global growth is slowing to levels of GDP. Notice that the average growth for consumer nondurables (often termed household products) is 1.7%, as shown in Table 1. This is a far cry from the pre-recessionary growth rate of 6%. Public markets reward growth. As the rate of year-over-year revenues slows, companies attempt to grow through tactics. In consumer good supply chains, this includes new product launch, price incentives, and trade…

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Congratulating the Supply Chains to Admire Winners

By | Supply Chain Excellence | No Comments

This afternoon, I poured myself a cup of tea to sit down and begin to pen congratulation emails to the Supply Chains to Admire award winners. This is the fun part of my job. It is now our fifth year of analyzing balance sheets to understand which companies are outperforming their peer groups on the metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC) while driving…

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The Fight of the Titans

By | Supply chain excellence | No Comments

In Greek mythology, there is a difference between a Titan and a God. A Titan was a primordial god born of Uranus and Gaea and ruled the earth until overthrown by the next generation, younger Olympian gods. The evolution sprung from chaos. Titans were born through brute strength and Gods drove more refined outcomes. Supply chain leaders are competitive. The field of supply chain management—combining source, make and deliver into…

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