𝗞𝗼𝗱𝗮𝗸:A dominant player in the photography industry, but it failed to keep up with the shift to digital photography. The company was risk-averse and focused on protecting its core business, which was film photography. 𝗡𝗼𝗸𝗶𝗮:World’s leading mobile phone manufacturer, but it failed to adapt to the shift to smartphones. The Read more…
Have you wondered why some things that should be SO easy to do, aren’t? Planning by ERP Vendors is one such mystery for me. Please share your thoughts. .. and a Happy Holi y’all! p.s: If you are a Big ERP Vendor.. err.. bura na mano .. Holi hai ! Read more…
Retailers need to have:• faster lead times• quicker ability to replenish• higher frequency of ordering “Companies [..] Closer to the consumption, better lead times and the agility to [..] respond quickly to the change in demand will survive and have an advantage over competitors” ETRetail Supply Chain Summit: ‘Out of Read more…
Did you watch the Tesla Investor Day presentation? What struck me was how clear each speaker was so clear about the constraint.The ‘Constraint’ word was used around 10 times! If one can1️⃣ Understand the constraints in the business2️⃣ Decide how to exploit the constraint3️⃣ Ensure that all other decisions for Read more…
Small stores can be really great! Small stores can be really greatif they sell the right thingsthat people want to buy. Here’s why: When you go to a small store,the people who work there usually know you by name andcan help you find what you need.This makes you feel special Read more…
Overcome these 3 stumbling blocks and plan like a pro! Planning can be a headache. But it doesn’t have to be. Here are 3 sneaky hurdles that are tripping up your plans: 1️⃣ 𝐀𝐥𝐢g𝐧 𝐆𝐨𝐚𝐥𝐬: 🤝Different teams have different ideas, causing conflicts in planning.To avoid this, make sure everyone is Read more…
It is said that for any project you can getAny 2 out of the below 31️⃣ Within Budget2️⃣ Within Scope3️⃣ Within Timelines Why?? Why can’t we get all 3? Its got to do with how we manage projects. Opening a new store,New product Introductions,Launching a new sub-brand,Website redesign,Customer loyalty program Read more…
In each example in the post,the companies are striving to balance– financial growth with– stability,to achieve sustained success over time. It might seem like the best way for a company to do well is to lay off workers and cut costs.But that’s not always true! There’s a special way of Read more…
Here’s to building a great big tower! The traditional organizational structure is a trap.Vertical silos are necessary foreffective execution of horizontal processes thatflow across organizational structures.But, breaking down the silos is impossible. So, what can we do? Companies must look to digital technologies tofoster intelligent “digital collaboration” among the silos. Read more…
Would love to hear if you can share any bias that you may have come across lately. Some of the most surprising biases that could be sabotaging your demand planning: 1️⃣ 𝗢𝘃𝗲𝗿𝗰𝗼𝗻𝗳𝗶𝗱𝗲𝗻𝗰𝗲 𝗕𝗶𝗮𝘀:Experienced planners may think they have it all figured out,but research shows they may be even 𝗺𝗼𝗿𝗲 susceptibleto Read more…