We formalise our supply chain relationships via agreements we forge with our partners, who are our vendors, 3rd party service providers, & customers. We manage our supply chain operations to ensure we perform to the agreed expectations of our partners. Most supply chains have existing infrastructure in place when we negotiate with our partners. OurContinue reading “Why We Need to Collaborate & Not Accommodate in Improving Supply Chains”
Tag Archives: business
Bridging the Supply Chain Management-Engineering Gap
Engineers turn scientific ideas into reality. They do it by identifying problems, studying the data, and finally solving them. Engineers apply concepts from the pure sciences, such as Physics, Chemistry, Mathematics, & Biology. We see these concepts come to life in the fields of civil, electrical, mechanical, & chemical engineering, and in their sub-specialties suchContinue reading “Bridging the Supply Chain Management-Engineering Gap”
Relationships are What Makes Our Supply Chains
Supply chains are models of the relationships within and between enterprises which govern the flow of merchandise and services from their sources to end-users. We build our supply chains based on these relationships. The systems and structures of our organisations and with the enterprises we do business with stem from strategies and policies resulting fromContinue reading “Relationships are What Makes Our Supply Chains”
Setting Up a System in the Face of Uncertainty
A large property management company set up a uniform accounting system for all the buildings it manages. The accounting system utilized a customized software program in which each building’s bookkeeper is required to use. The software allowed the bookkeepers to enter invoices and vouchers and update the building’s books of accounts in real-time. The customizedContinue reading “Setting Up a System in the Face of Uncertainty”
The Challenge of Working Together in Sales & Operations Planning (S&OP)
Many of our enterprises do Sales & Operations Planning (S&OP). And each of us does it differently. Because we each have our own way of doing S&OP, the results vary from one organisation to the next. It’s no surprise, then, that there would be criticism over S&OP. The absence of uniformity drives us to compareContinue reading “The Challenge of Working Together in Sales & Operations Planning (S&OP)”
The Three (3) Supply Chain Cycles
Supply chains span from sources to users, passing from one enterprise to the next. And we cannot manage supply chains on our own. We need to work together with vendors, customers, and service providers in procuring, producing, and delivering the goods & services. We, perhaps, see supply chains and our individual place in them likeContinue reading “The Three (3) Supply Chain Cycles”
Deliberate Scarcity
Whenever I go see my doctor at her clinic at the hospital, I always would find myself waiting in line with other patients. The clinics adjacent to my doctor’s would also have patients waiting, in which sometimes the queues would overflow into the corridor. Even if I had called ahead and set an appointment, IContinue reading “Deliberate Scarcity”
ESG is an Enemy of Productivity
Our enterprises are under a lot of pressure to comply with Environmental, Social, & Governance (ESG) mandates. Political leaders & activists have demanded that firms pursue sustainability of resources, climate change mitigation, cultural & social diversity, and ethical & legal responsibilities in our workplaces & professional relationships. So-called pundits (people who call themselves experts orContinue reading “ESG is an Enemy of Productivity”
What is Your Supply Chain Doctrine?
In our modern world of the 21st century, supply chains are the lifeblood of enterprises. We rely on the procurement, manufacture, and logistics for the supply of essential products & execution of services. Supply chains, given their breadths & complexities, are not easy to manage. We who work in them know that supply chains spanContinue reading “What is Your Supply Chain Doctrine?”
How Realistic is a Supply Chain Vision?
Many entrepreneurs have invented all kinds of applications for a variety of uses. We have apps to help in our finances, make music, learn new languages, find places we’ve never visited, make reservations, book rides, and buy tickets. The one app we (still) don’t have is the one that makes & delivers products. I wouldn’tContinue reading “How Realistic is a Supply Chain Vision?”