Enterprise Resource Planning (ERP) systems like SAP and Oracle have become increasingly popular in today’s business world.But did you know that these big ERP systems are not always the best choice for specific tasks like planning, inter-store transfers, and changing stock targets? ERP systems are like big toy boxes with Read more…
Magnus Carlsen (Norway)Dhyan Chand (India)Michael Jordan (USA) The greatest players, or the “GOATs,” in any sport have the power to inspire audiences around the world. These athletes have earned their titles through– exceptional talent,– hard work, and a– relentless pursuit of greatness. The impact they have on their sport is Read more…
Supply chains unique,Embrace the unknown,Discover all that’s yet to do. No two supply chains are the same,Each one is unique in its own way.No one company has it all figured out,There’s always more to learn and say. Leave school with a solid foundation,Of concepts and theories true.But realize that these Read more…
Bringing alignment across various teams is critical for high effectiveness. When it comes to making a supply chain work well.The most important thing is making sure everyone is on the same page about what the goal is.This is called “Alignment” If everyone knows what they’re working towards:– it makes it Read more…
Are we aware of the trade-offs that our current supply chain has? Being mindful of our choices is the first step in getting better. We call it ‘supply chain’ when we make decisions about getting things from the manufacturing place to the store where people buy them. But sometimes, we Read more…
Everyone likes Benchmarking.But, it may hide more than what it reveals. Instead of benchmarking, are you better than before? Why Benchmarking for Supply Chain is Not Easy Benchmarking is like comparing how well you did on a test with how well your classmates did on the same test. It’s a Read more…
New Product Introduction is a complete science in itself.We need to learn from every new introduction what worked and what did not. Only then can we be on the path of ongoing improvement? When a company comes out with a new product, it’s not always a sure thing that it’s Read more…
When trying to make decisions based on customer demand, it’s always a good idea to start with sales data. There are a lot of different types of information that companies use to figure out what customers want. This could be things like– orders, – shipments, – data from other companies, or – what Read more…
3 Stumbling blocks and what to do about themTackle these 3 stumbling blocks to get better planning: 1. 𝐀𝐥𝐢𝐠𝐧 𝐆𝐨𝐚𝐥𝐬: Different groups in a company want different things. This makes it hard for them to work together and make plans. To fix this, we need to make sure everyone is working towards Read more…
If you can correctly answer only 3 questions, you have a clear road map.Read this post to find what are the 3 questions. 𝐈𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐜𝐞 𝐨𝐟 𝐚 𝐂𝐥𝐞𝐚𝐫 𝐑𝐨𝐚𝐝 𝐌𝐚𝐩 When people go on a trip 🚘 , they need a map to know where they’re going and how to get Read more…