Supply Chain Management
Business strategy and supply chain go hand in hand. Without a sound strategy, all action is merely dillydallying. Find out why there can be no strategy without a supply chain management and vice-versa.
current supply chain priorities - in 2023 and beyond
Unchain your corporation: Unleash Supply Chain Potential
Make Your Business More
EFFECTIVE
EFFICIENT
PROFITABLE
FLEXIBLE
RESILIENT
ADAPTABLE
Fight Inflation
Business strategy and supply chain will have to take into account that as the storm clouds of inflation gather at the horizon, you will have to change the strategic tack to go through the rough patches unscathed.
Stay Relevant
keep current with the realistic yet cutting edge practice in both the supply chain, and the board room. The business strategy and supply chain from the last two decades will not work any more.
survive and thrive
Keep your head when everyone else in the market starts losing theirs. The supply chain turmoil persists and requires new business strategy and supply chain thinking. For general directions, read the blogs below.
Our Books on Business Strategy and Supply Chain:
Must Read Article - on Business Strategy and Supply Chain:
Supply chain management is a critical component of any business operation and the concept of modularisation has become increasingly popular in recent years. Modularisation in supply chains can help to reduce costs, improve efficiency and allow companies to remain competitive.The field of international goods transportation has witnessed several great advances over the last 100 years.
Modularisation in Supply Chains– Before 1965, all packaged goods were packed into boxes of different sizes and shapes to be loaded on ships. General cargo ships themselves were small in size – no bigger than 20,000 tonnes or so – and stayed anywhere between 1 week and 4 weeks in any single port. About 70% of the ship’s time was spent in non-value-producing activities such as planning and loading boxes and crates of diverse sizes and shapes into the ship’s holds.
Containerisation
Containerisation changed all that. Ships are now built to carry standard containers of 20’ (or 40’). Containers are packed and unpacked in container yards far from ports – reducing the need for holding the ships in port, and costly warehousing space close to port.
The size of container ships has increased greatly – the latest ones will carry nearly 10,000 TEUs (twenty equivalent units) or about 100,000 tonnes. These ships utilize more than 80% of their time on value-producing activities.
No wonder the cost of shipping a one-meter cube of packaged cargo has gone down by nearly 75% to 85% in real terms over the last 40 years. This has made it possible to reconfigure the global supply chain in such a way that most activities are now carried out in the best place to do so…
Key Insights on Business Strategy and Supply Chain:
Clear responsibilities and ownership is required for making successful business transformations
Business Transformation as a leadership litmus test
Knowledge of the supply chain and its impact on business is critical to success
More Insights on Business Strategy and Supply Chain below:
Balancing Cost Reduction and Competitive Drivers: Avoiding Blinkered Vision
When companies freeze transformative activity they signal panic
Clear responsibilities and ownership is required for making successful business transformations
Business Transformation as a leadership litmus test
Knowledge of the supply chain and its impact on business is critical to success
Common sense can suffice in many situations, butwould not be enough in near-distress situation
Looking beyond internal boundaries
The financial component
The process and service component
Maximizing Efficiency and Cost Savings with Results-Focused, Modularized Outsourcing (ROM)
Mastering Advanced Product Phasing (APP) to Sustain Market Leadership
How can I fine tune my business model and the 5-STAR network continually as the circumstances change? What have other companies in my industry and region done as customer preferences evolve, newer suppliers become available, newer technologies come to the market and competitors change their strategies?
The informational component
The Power of Data: How it Unveils the Bigger Picture and Clears Up the Confusion
The strategic component and the overall vision
What does it take to transform successfully?
Two things will never change: the will to change and the fear of change
Magic happens when ‘The Flywheel Effect’ comes into play
B2B network helps smooth out the volatility
B2B network helps leverage your business infrastructure
How to Identify Supply Chain Bottlenecks in Your Organisation: A Practical Guide for Improved Efficiency
Speed and quality of new product development create vast difference in financial outcomes
Revolutionizing Supply Chain: The Advancements and Differences of SCM 3.0
Unlocking Maximum Profitability: The Power of Collaborative Supply Chain Management
Measure customer fill rates accurately, and look for persistently low fill rates
Listen to your losses - they speak for themselves
The birth of Supply Chain Management
Excessive division of labor can create bureaucracies with deeply entrenched silos mentality
When you are so close to the business, the real problem is often difficult to discern
