There is no straightforward answer to this question. Supply chains have multiple stakeholders. These stakeholders consist of individuals and enterprises which serve as the links of the supply chains. Every enterprise also has an internal supply chain, which makes the people of the enterprise stakeholders to the larger supply chain. Stakeholders, therefore, would differ onContinue reading “What Do You Want from Supply Chains?”
Tag Archives: stakeholders
What’s the Metric for Resilience?
Many executives insist their organisations need to be resilient. Given all the adversities and disruptions businesses had experienced, it’s understandable to believe resilience is vital. Resilience is “an organization’s ability to adapt to and recover from disruptions, such as natural disasters or market shifts, while maintaining core operations and continuing to function.” But how doesContinue reading “What’s the Metric for Resilience?”
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”
The Reality Check
It happens all the time. We go to an off-site strategic planning session (or a seminar or workshop), bond with colleagues in teambuilding exercises, creatively come up with new ideas, and commit to action plans to implement them. As soon as we return to our workplaces, we go back to doing what we have alwaysContinue reading “The Reality Check”
Envisioning: The First Step to Building Supply Chains
Supply chains are big, long, comprehensive, and complicated. Managing them means dealing with multiple customers, vendors & service providers. We buy and deliver from and to distant places or just next-door. We sell many types of products and handle much more in raw & packaging materials and in-process inventories. We move merchandise via elaborate sea,Continue reading “Envisioning: The First Step to Building Supply Chains”