Who has Hijacked Your Supply Chain Group?

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Who Hijacked Your Supply Chain?

I do not publish too many posts on LinkedIn any more because of ‘Gresham’s Law‘. However, once in a while I still publish content that would be relevant to that platform.

I was delivering the keynote speech at the Quintiq World Tour recently at the Marina Bay Sands in Singapore – where I met over 200 supply chain professionals.

I start my discussions of this nature with a simple question about the definition of SC in your company. It is always interesting to note that no two definitions of SC are exactly the same in practice.

The Reasons Why We Love Hijacked Your Supply Chain.

The boundaries of supply chains within the companies are rarely clear. I have written about this extensively in my books and blogs – here is one small post for example.

You do not have to be a C-Level genius to see the impact of this confusion on your business.

Even a journalist with relatively shallow understanding of key business underpinnings can quickly grasp the enormous waste that results from confusion in planning.

What struck me in the event – when I was answering questions as part of the concluding panel – was that a number of supply chains have been hijacked by institutions for their own purposes.

Sometimes an entire nation, or at least its government can be led to believe that supply chain is merely logistics, or procurement.

Skills That You Can Learn From Hijacked Your Supply Chain.

In due course, this will show up as a huge disconnect between the government policy and commercial imperatives of the businesses it is trying to attract and keep in this global high-stakes game..

At a micro-level, you may get only the first level results and miss out the four higher level results from supply chains.

This would be like owning a fruit laden tree and just harvesting the fruit from the lowest rung of the ladder, while leaving all the other fruit in the middle and top to rot on the tree.

Here is a simple graphic to explain what I mean:

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Source: www.unchainyourcorporation.com

There is a self-benchmarking tool at the source of this graphic – which may help you decide whether your supply chain has also been hijacked.

If you have doubts about whether you should consider this quick self-benchmarking tool, consider the slide below (from my presentation at the event) shows the contrast between the two extremes of SCM clearly:

Do not forget – who defines your supply chain will also define your business. Might as well be you.

For more information check out website https://globalscgroup.com/

Supply Chain Confusion, Hijacked Your Supply Chain
Hijacked Your Supply Chain

Vivek Sood: Sydney based managing director of Global Supply Chain Group, a strategy consultancy specializing in supply chains. More information on Vivek is available on www.linkedin.com/in/vivek and more information on Global Supply Chain Group is available www.globalscgroup.com 

Vivek is the Managing Director of Global Supply Chain Group, a boutique strategy consulting firm specialising in Supply Chain Strategies, and headquartered in Sydney, Australia . He has over 24 years of experience in strategic transformations and operational excellence within global supply chains. Prior to co-founding Global Supply Chain Group in January 2000, Vivek was a management consultant with top-tier strategy consulting firm Booz Allen & Hamilton.

Vivek provides strategic operations and supply chain advice to boards and senior management of global corporations, private equity groups and other stakeholders in a range of industries including FMCG, food, shipping, logistics, manufacturing, chemicals, mining, agribusiness, construction materials, explosives, airlines and electricity utilities.

Vivek has served world-wide corporations in nearly 500 small and large projects on all continents with a variety of clients in many different industries. Most of projects have involved diagnostic, conceptualisation and transformation of supply chains – releasing significant amount of value for the business. His project work in supply chain management has added cumulative value in excess of $500M incorporating projects in major supply chain infrastructure investment decisions, profitable growth driven by global supply chain realignment, supply chain systems, negotiations and all other aspects of global supply chains.

Vivek has written a number of path breaking articles and commentaries that are published in several respected journals and magazines. Vivek has spoken at several supply chain conference, forums and workshops in various parts of the world. He has also conducted several strategic workshops on various aspects of supply chain management. He received his MBA with Distinction from the Australian Graduate School of Management in 1996 and prior to these studies spent 11 years in the Merchant Navy, rising from a Cadet to Master Mariner.

More information on Vivek is available on www.linkedin.com/in/vivek  and more information on Global Supply Chain Group is available on www.globalscgroup.com

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