SupplyChainNetwork.com

When the White House issued the Executive Order for Streamlining Service Delivery and Improving Customer Service on April 27, 2011, I’m pretty sure that the procurement officers in federal agencies weren’t called into the meetings on how the organization would move forward on creating the customer service plan called for by the President. After all, [...]

In today’s highly competitive global marketplace, supply chain leaders need to understand how financial strategies and decisions can significantly impact their supply chains’ performance, potentially determining the success—or failure—of their organizations. Learning how to develop a sound financial strategy and apply it to your entire supply chain operation will be mission critical if your company [...]

“When the well is dry, we know the worth of water.”, Benjamin Franklin It was a cold winter day in Minneapolis. The security guard at the gate warned me of frost bite walking from the parking lot to the corporate offices of a client. So, I scurried along with snow crunching under my boots. I [...]

Most organizations have a diverse spend portfolio that includes many simple, several moderately simple and a few complex spends. To address each spend appropriately, we need to understand the dynamics that make each event complex. For starters, let’s look to another ‘multi-faceted’ puzzle; the Rubik’s Cube. Invented in 1974 by Erno Rubik, Rubik’s Cube has [...]

This study of 349 companies shows that granular supply chain visibility is a key component of the infrastructure needed to build an agile and responsive supply chain network. The report examines how Best-in-Class companies use visibility to more effectively respond to changes in market conditions and potential disruptions, focusing on the execution-related aspects of supply [...]

From Industry Week: “Manufacturers today face three significant organization-related challenges: maximizing profits, conserving cash flow and creating shareholder value. One way to solve these challenges, suggests consulting firm TMG-IMC, North America, is through the process of EBITDA (earnings before interest, taxes, depreciation and amortization) optimization.