Working out on a treadmill generates sweat and does provide a cardiovascular workout. But, What if your goal was to go from Point A to Point B? There is activity. But you do not achieve your goal. Our goal is to go from Point A to Point B as fast as possible.Running faster Read more…
Implementations have trouble getting off the ground.When they do, they don’t produce to the level people believe is possible.Even when you achieve significant benefits, backsliding can, put an implementation in jeopardy. Change management is hard.And it has low success rate. Lets say you have put in all the hard work. Come Read more…
1️⃣ Gaining Managerial Commitment Without managers’ commitment it is not possible to activate any new management rules.True buy-in is achieved only when managers realize why improving performance is vital for the business (why change?). Managers also need to appreciate that challenges they face daily and waste of time come from the Read more…
In theory, we assume that the activity time is the mean time to complete an activity. In reality, what time does the resource manager give? Is it the mean time? Seldom. Usually if you are asked to provide a time estimate for a task, you will pad the time a little (or a Read more…
The standard ways to:– identify the needed actions, – focus the improvements, are NOT adequate. We usually start with a list of gaps between the current situation and the desired situation. The gaps are then quantified. Items at the top of the list are taken as the targets for improvement. This approach leads, Read more…
The vast majority of the elements of a system are non-constraints. Ignoring a non-constraint impacts the constraint. This results in the performance of the entire system going bad. The maxim “More is better” is correct only for the constraints. It is NOT correct for the non-constraints. For the non-constraints, “more is better” Read more…
Key measure of retailer’s success is – selling as much merchandise as possible at the highest profit margin. Earlier the focus was on:– the right product– in the right place– at the right time In today’s hyper competitive omni channel world, we also need:– at the right price– in the right Read more…
Supply chain management (SCM) has become a complex, technology-driven discipline that reaches across functions, business processes, and corporate boundaries. Nevertheless, some CEOs pay little attention to SCM as a strategic concern and thereby squander its potential to improve overall performance. Executed well by experienced professionals, SCM can deliver significant, tangible benefits Read more…
The biggest cost for your company is: The imbalance between the demand for your products and your ability to supply them. Even in Supply Chain functions, many do not understand how their work can drive growth. Unfortunately, companies stuck in a cost-focused paradigm with significant gaps in horizontal organizational alignment Read more…
A limitation, which can be removed immediately after identification, is just an obstacle. But a limitation, which cannot be removed for significant time duration, is a constraint. All obstacles can be and should be removed immediately, but a constraint cannot be removed in the immediate future. There will always be a limitation Read more…