What Else Exists Besides The Product Flow In The Supply Chain?

In the supply chain, the commodity and services generally flow downstream from the origin to customer point of consumption. There is also a backward flow of materials, mainly related to product returns. For some people, product flow is the only flow, or at least the primary flow that gives rise to all other flows in

Read More
Business Transformation

Get Better Results Than What Your Imagined By Focusing on Execution

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

Read More

How SUPPLY CHAIN 3.0 Can Lead To Tangible Business Benefits (Part 6 of 6)

Following two benefits outlined in the previous entry, in this last entry of the blog series, let us go over the remaining benefits of Supply Chain 3.0. By definition, Supply Chain 3.0 improves your cash position Recall from the previous blog series that “The second measure of interest to us is in Supply Chain 3.0

Read More

SUPPLY CHAIN 3.0 IS REAL, AND HERE NOW (Part 3 of 3)

In the last entry, I have talked about the first two pillars underpinning Supply Chain 3.0. So, what are the other three key cornerstones? Transaction Optimisation Profitability (TOP) measures the ability to simultaneously minimize the costs, and maximize the revenues on each transaction that a company enters into. Consider this – there are companies today that

Read More
Business Network

SUPPLY CHAIN 3.0 IS REAL, AND HERE NOW (Part 2 of 3)

In the last entry, I have given you a brief outline of the five pillars supporting Supply Chain 3.0. Let’s now talk about the first two. The first is termed Fire-Aim-Ready (FAR) Innovation. Clearly, it is about creating new (better) products and services, as well as new (better) ways of configuring and delivering existing products

Read More

SUPPLY CHAIN 3.0 IS REAL, AND HERE NOW

When I explain to people that supply chain 3.0 is real, in general, I get three type of responses. Most of the McKinsey (or their clone) trained strategists ask me to show data to back up this assertion. On the other hand, more intuitive executives (mainly from sales and marketing background, as I observe) ask me to

Read More