There are many things we like supply chains to be. Popular examples are resilient, sustainable, and agile. For some of those at the end of the chain, they’d simply want them to be dependable or on time, especially when it comes to deliveries. And for many supply chain professionals, they’d want vendor supplies to beContinue reading “What the Supply Chain Must Be”
Tag Archives: buzzwords
Beware the Balanced Scorecard and Other Buzzwords
Executives of a multinational corporation mandated the roll-out of the Balanced Scorecard (BSc) throughout the organisation. Departments such as Sales, Marketing, Research & Development (R&D), Human Resources, Manufacturing, Logistics, & Purchasing were required to present key performance indices (KPIs) to upper management and show corresponding targets & action plans. Department managers immediately attended BSc seminarsContinue reading “Beware the Balanced Scorecard and Other Buzzwords”