Leading global consultancy McKinsey defines productivity as Gross Value Added (GVA) per work-person and reports that the world needs productivity growth on top of balance sheet profitability. McKinsey still doesn’t get it. The world doesn’t need labour productivity, it needs supply chain productivity, which is how fast and how much organisations sell merchandise and collectContinue reading “Productivity: They Still Don’t Get It”
Tag Archives: productivity
Four (4) Starting Points to Getting the Reliability You Want
MANILA, Philippines, October 3, 2019. An electrical transformer (rectifier) at the Light Rail Transit Line 2’s (LRT-2) commuter railway tripped and caught fire. The fire knocked out train service from downtown Manila to the eastern suburbs of Marikina and Cainta. Thousands of commuters from workers to students were forced to find alternative transportation. The dayContinue reading “Four (4) Starting Points to Getting the Reliability You Want”
Elements of Productivity
Our objectives stem from our business priorities, which usually consist of: How managers perform against objectives relative to meeting their business organisations’ priorities define their productivity. The mistake managers make is classifying productivity as a mere performance measure. As much as it does make visible how well the enterprise performs, productivity is more an attributeContinue reading “Elements of Productivity”
Pursuing Productivity Amid Adversity
The year 2025 arrived and what many businesses dreaded came true. Newly inaugurated American President Donald Trump and his economic hawks swooped and threw global trade into turmoil. Arguing unfair trade practices from many nations, President Trump imposed tariffs on billions of dollars of imports from Canada, Mexico, China, and the European Union (EU), withContinue reading “Pursuing Productivity Amid Adversity”
Missing in Supply Chains: Productivity
If there’s one thing I find missing in every business news story I’ve read, it’s: productivity. If there is an article about productivity, it usually is in the context of labour efficiency or how much output workers churn out over a given period. Some media writers define productivity as to how many tasks we completeContinue reading “Missing in Supply Chains: Productivity”
Supply Chain Improvement Doesn’t Start with Fixing One’s Own Operations
It’s a popular notion that we fix our operations before we think about collaborating with our partners, i.e., vendors, service providers, & customers. We, after all, would like to show a position of productive strength when we negotiate with our partners as we try to convince them to enrol into whatever agenda we have (e.g.,Continue reading “Supply Chain Improvement Doesn’t Start with Fixing One’s Own Operations”
A Recap of Insights
From all that has been said and written about supply chains, perhaps a recap of insights is in order: Every enterprise, every organisation, and every firm have some sort of supply chain within it and beyond it. Enterprises procure ‘input,’ convert them to ‘output,’ and deliver the latter to customers. Enterprises which trade with oneContinue reading “A Recap of Insights”
Working What We Have vs. Changing What We Work With
We who are supply chain managers have their hands full doing their jobs. The problem is we work with what we only have. Executives of enterprises determine our scopes; executives also decide what resources & assets we will have at our disposal or have authority over. Supply chains extend beyond the borders of enterprises, andContinue reading “Working What We Have vs. Changing What We Work With”
Supply Chains: IT’s Failed Frontier
I brought my family’s passenger van for repairs at the car dealership where we bought it from. The van had trouble accelerating especially going uphill. It would sometimes stall. The dealership’s engineer pulled out a portable device which he plugged into an electronic box under the van’s hood. When I asked what the device was,Continue reading “Supply Chains: IT’s Failed Frontier”
Rationalising Workmanship
Executives of a dental laboratory asked a consultant fellow of mine to do time studies of their workers. The consultant and I, however, convinced the executives that we should first do an assessment of their operations. When we presented our report, we recommended that the executives change the layout of their laboratory and focus onContinue reading “Rationalising Workmanship”
Ellery's Essays 