On the 2nd Day of Christmas, my supply chain gave to me… … 2 supply chain trends It’s been a whirl wind of a ride in 2023 (I’m hearing promises of calm – but not until 2025). With all that’s going on, two different, but interconnected trends are present that will have huge and continuing… Read More
What’s in development you should know about I had the opportunity to meet with a high performing group of supply chain experts last week. During the meeting, when discussing advanced tech and its capability to enable higher supply chain performance (resulting in higher top line growth as customers choose your ability to meet their requirements),… Read More
Your Board of Directors wants to know AI’s recent and rapid expansion into all parts of the supply chain greatly expands our ability to grab new data from places you’ve never been able to grab data from before. Often, the above is due to lack of time and not having knowledge of the existence of… Read More
Tips for supply chain survival in a tight cash flow environment I’m seeing growing industry fear that cash is going to stop flowing as needed. Fear is playing out in many forms. Not all nice, but definitely all focused on keeping more cash in-house. Here are some examples: Example 1: A business supplier for cycle… Read More
It hurts a lot. 2 actions to stop the hurt. As I discuss improving strategic procurement performance with companies, I’m hearing distressing supply chain news… …because of spikes in demand, buyers are panicked about being able to bring in materials on time in full… …because buyers are panicked, and want something to land on their… Read More
Yes, if you want to be competitive. 3 critical steps lead to succes. According to research, industry leaders have been working diligently throughout the Covid crisis to develop supply chains of the future. And the future is now. Supply chain transformation is being performed at a rapid pace. These supply chain transformations are aligning operations… Read More
A warning & 3 major must make changes to attract qualified talent in today’s digital world Those of you in the U.S. may have listened to the public radio show “A Prairie Home Companion”. One of the show’s stories involved a town in Minnesota called Lake Wobegon, where the children are all above average. Interestingly… Read More
…eliminating doubt You have supply chains that deliver. Continuous improvement is a constant. Customer service levels are always watched and usually optimized. Yet customers want more. Some want more speed. Others want more agility. Yet others want more reliability. Which way to turn? While tech is part of the answer, which part? And how do… Read More
…the real cost of new technologies Just how do you calculate the true digital transformation cost? And how do we overcome the uncertainty surrounding new technology implementations? Previously, we discussed companies’ fear of new technologies and implementations. Tamping down fear of the unknown is the first step to correctly analyzing your tech requirements. If you… Read More
I’m hearing several things about supply chains from companies and the professionals that work with them, especially when the topic of digital transformation comes up: Lots of fear when it comes to new technology and implementation Lots of trepidation about cost when it comes to new technology and implementation Lots of uncertainty when it comes… Read More