Covid19 has left supply chains severely disrupted. As companies try and pick up the pieces, big gaps remain in their capability and performance, especially at top levels.
Boards are focused on corporate governance, when it is the lack of “supply chain governance” which is causing the most problems for today’s corporations.
Corporate governance is difficult, yet most boards have mastered that art over the last two decades. Supply Chain Governance is a bigger, and more important challenge.
Most people think that health-related jobs will increase – which is partly true. However, most developed countries will undergo a bigger change in their health sector, because due to powerful economic and social changes they will have to open up their health personnel supply chains to the forces of globalisation.
Why we are qualified to write this Article?Over the last three decades we have led and worked on more than 500 projects in supply chain projects in dozens of industries and countries. VERY FEW PEOPLE KNOW GLOBAL SUPPLY CHAINS LIKE WE DO – Retail, beverages, food, milk, dairy, meat, livestock, explosives, chemicals, cotton, rice, graphite, solar power,
I was talking to the three senior executives of a fairly large business. They were very happy with the business situation. Their business was operating in a comfortable oligopoly, with comfortable competitive pressures. The business strategy was noted to be very sound. But, they lamented, that the comfortable position never translated into equivalent profits. Every
Very few companies seem to have enough warehousing space. Almost 80% of the companies I have interacted with as part of my projects (and that number runs in thousands, when you count the suppliers, customers and other supply chain partners of clients and customers) have sometime or other complained about running out of warehousing space.
Impressive things are difficult to forget. And, sometimes difficult to describe in a manner which does full justice to their impressiveness. Let me make an attempt using what sticks in the memory after the last decade or so. We were at a presentation by a fairly large logistics company who were
It is a legitimate question on supply chain security – How important is continuity of supply to you? How far would you go? Would you commission an act of aggression, if that was the only way of assuring supply chain security to keep the supply lines open? Would you go further than an act of
Let me tell a story. This is a very entertaining story, but that is not the reason I am telling it. It has even greater business value, especially for strategists, and senior executives. It shows how supply chain security irrevocably altered the fortunes of a company that was a global leader at one time in
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