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…
Focussing on customer needsrather than(internal) stakeholders. The Paradox of Innovation:𝗪𝗵𝘆 𝗦𝗹𝗼𝘄 𝗮𝗻𝗱 𝗦𝘁𝗲𝗮𝗱𝘆 𝗪𝗶𝗻𝘀 𝘁𝗵𝗲 𝗥𝗮𝗰𝗲 We all know that when it comes to innovation,speed is key, right?Actually, sometimes going slowcan be just as effective – if not more so! Take the example of Zara, a popular clothing retailer.They’ve found Read more…
Tools help.But just having a tool does not necessarily mean you will be better. The Great IT Illusion:𝗪𝗵𝘆 𝗙𝗮𝘀𝘁𝗲𝗿 𝗖𝗮𝗿𝘀 𝗪𝗼𝗻’𝘁 𝗦𝗼𝗹𝘃𝗲 𝗦𝘂𝗽𝗽𝗹𝘆 𝗖𝗵𝗮𝗶𝗻 𝗖𝗼𝗻𝗴𝗲𝘀𝘁𝗶𝗼𝗻 Despite our obsession with technology,it’s time to face the hard truth:Technology alone won’t fix our supply chain problems. Take the example of a struggling retail Read more…
The biggest secret for a distribution brand:Don’t just aim for a good primary sale to your retailer.No one has sold till the end customer has bought. Your retailer will be interested in keeping more of your stock if he sees a good inventory turn.You get a natural pull. It was Read more…
Getting stuck with goods that you THINK will be a best seller.Be paranoid.Don’t be hysterical. The Paradox of Reliability:Why Less is More in Supply Chain Management You might think that to be a reliable retailer, you need to always have plenty of stock on hand.But the truth is, 𝘁𝗼𝗼 𝗺𝘂𝗰𝗵 Read more…
How do you improve in an environment where there are 100s of factors affecting business? Understand the main point of leverage and just focus on it.With laser-like focus. The illusion of Progress in Retail:Why Availability Matters More Than Anything Else Retail can be a fast-paced and ever-changing industry. There are Read more…
Stocking Smart: Unraveling the Pitfalls of Overstocking in Merchandise Planning” Let’s say you are analyzing the inventory performance of a retail store that sells clothing.The store has a few different categories of clothing, such as– tops,– pants, and– dresses, andyou want to check the inventory levels for each category. You Read more…