Tag

Supply chain excellence

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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Bright and Shiny Objects?

By | digital supply chains | No Comments

This month, I traveled the globe helping companies understand the potential impact of technology innovation on the future of supply chain processes, I find the term “digital innovation” is a bit like tulip mania. How so? It is a fad sweeping across supply chain leadership teams. I am trying to help teams manage the hype and drive value. CIOs are rebranding as Digital Innovation Officers, and consultants are knocking down…

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Blockchain: Reflections on a Webinar

By | Big data supply chains | No Comments

Yesterday, I spoke at the University of Tennessee Supply Chain Leaders Forum on innovation. The presentation focused on nine themes. One of the nine was blockchain. I asked the audience for a show of hands to understand how many of the supply chain leaders in the room were testing blockchain. I saw no raised hands. Later that afternoon, I hosted a webinar featuring blockchain case studies. The Supply Chain Insights webinar…

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Three Cool Technologies

By | Uncategorized | 4 Comments

Oh my! The blog post, What About Them Apples, raised a lot of heated discussion on LinkedIn. Quite the dust-up. Why? While I am advocating rethinking supply chain planning, for some consultants the only path forward is the adoption of DDRMP. The recommendation is a broad-brush approach. No matter what I write on demand planning, the response is to blindly deploy DDMRP. Note: DDMRP stands for Demand-Driven Material Requirements Planning, which was introduced…

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Reflections, Thank Yous, and Rethinking the Future

By | Big data supply chains, customer-centric supply chains, Supply Chain Insights, Supply Chain Leadership | No Comments

Last week I spoke at the CLX Logistics Conference in Philadelphia on the future of Supply Chain Management. As I presented on Supply Chain 2030, I shared research on balance sheet performance, and provided insights on why I believe 90% of organizations failed in the delivery of supply chain excellence at the balance sheet level. My speech also focused on how current technologies are rapidly becoming obsolete due to market…

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