How to improve your supply chain performance

Automotive Industry’s Digital Maturity and Reinvention

Automotive Industry’s Digital Maturity and Reinvention

Digitalized processes using digital technology have only begun to penetrate industries. As this trend continues its advance, the implications for revenues, profits, and opportunities will be dramatic. E.g. the Automotive industry has still a long way to go (most people think this industry is a front runner). It’s not about creating a digital strategy usingRead more about Automotive Industry’s Digital Maturity and Reinvention[…]

Supply Chain Performance & Cost-to-Serve – Seeing the Bigger Picture

Supply Chain Performance & Cost-to-Serve – Seeing the Bigger Picture

You can achieve great business value by visualizing quite simple measures of supply chain performance end-to-end, meaning from your customers, through your own group of companies, and further on to your suppliers. This horizontal view is, however, hard to get if you just work with ERP systems, since they are function oriented (typically “silo based”).Read more about Supply Chain Performance & Cost-to-Serve – Seeing the Bigger Picture[…]

Supply chain control for CFO’s – Remember the Du Pont model?

Supply chain control for CFO’s – Remember the Du Pont model?

The Du Pont method of performance measurement was started by the DuPont Corporation in the 1920s. With this method, assets are measured at their gross book value rather than at net book value in order to produce a higher return on equity (ROE). DuPont analysis tells us that ROE is affected by three things: –Read more about Supply chain control for CFO’s – Remember the Du Pont model?[…]

Supply chain digitalization should be a high-profile initiative

Supply chain digitalization should be a high-profile initiative

Ensure that your CEO champions the digitalization of the supply chain. Supply chain digitalization should be a high-profile initiative within your company. Top leadership will play an integral role in the success of the supply chain digitalization, which is becoming an enterprise-wide transformation. At this level, the support from the very top, including the CEO,Read more about Supply chain digitalization should be a high-profile initiative[…]

B2C vs B2B – Human beings are decision makers in both cases

B2C vs B2B – Human beings are decision makers in both cases

B2C vs B2B – Human beings are decision makers in both cases. So, for B2B, defining a value proposition and mapping it to industries, to verticals, to functions within companies, and really getting sharp on the relevance of your product offering to that customer, is critical. A lot of B2C companies get overly focused onRead more about B2C vs B2B – Human beings are decision makers in both cases[…]

Supply Chain Leaders & Blockchain

Supply Chain Leaders & Blockchain

Blockchain has the potential to revolutionize multi-enterprise processes, but this will add the challenge of connecting a far-flung network of trading partners. Despite Blockchain’s hype and its potential, it could take a decade or more before the technology achieves its full potential. Early technology adoption of blockchain will progress over the next three to sevenRead more about Supply Chain Leaders & Blockchain[…]

Supply Chain Connectivity and Hidden Sources of Better Performance

Supply Chain Connectivity and Hidden Sources of Better Performance

To get hold of supply chain data for visualization and performance measuring, you have to be electronically connected to your business partners. A high level of connectivity opens up the possibilities of measuring and improving your processes in the supply chain. This is a hidden source of better supply chain performance and differentiation. Good readRead more about Supply Chain Connectivity and Hidden Sources of Better Performance[…]

The elephant in the room is interoperability

The elephant in the room is interoperability

This is another great post by Lora Cecere. She’s addressing the critical aspect of supply chain connectivity, coming from the supply chain visibility angle. There is friction in the process of data exchange. Investments in ERP are not the answer. The elephant in the room is interoperability. Companies struggle to connect their multiple systems and  combineRead more about The elephant in the room is interoperability[…]