High Demand for Real Supply Chain Experts
Updated in September 2020 AbstractAlmost every supply chain needs to be restructured in the wake of COVID-19 and associated economic situation. While some companies are facing collapsing demand, others are facing the opposite. Same is true of the supply as well. How can companies make the supply meet demand under such challenging circumstances. Only sophisticated supply
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
Can Suppliers Kill You By Their Inaction?
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
How To Choose The Best Consultants For Your Project
Startling Statistics I came across a startling statistics which prompted a new line of thinking that I wanted to share – hence this article. Consider these statistics – over 70% of professionals would have worked as a consultant or will work as a consultant, at some point in their careers. In other words, if you
Best Way To Reduce Freight Costs
Freight costs reduction is almost always the last frontier in the cost reduction landscape. At the board level, most companies do not pay much attention to their external freight costs. These costs never get the attention they deserve because they are scattered all over the place, and generally out of sight. What if I told
“The Start-ups’ Struggle” With Supply Chain – What is the Answer?
Updated in September 2020 TL/DR AbstractMany startups make it to the end, and meet the dreams of their founders.Many other founder on the rocky shores of hostile markets.However, an equal number of startups founder due to another reason – an inadequate supply chain (or backend as they call it in the startup lingo). In reality,