Jon Gordon, author of Energy Bus and other books on leadership, shares a host of ideas on how leaders can recharge, refocus and reenergize to stay on top of their game.
To drive robust supply chain performance, many companies put one individual in charge, either a chief operations officer (COO) or a chief supply chain officer (CSCO). With the right leadership agenda these positions can make a major impact on performance. In some organizations, however, the appointment of a COO or CSCO may unintentionally lead other senior executives to view the supply chain as "somebody else’s problem."
Over the past five years we have experienced a dramatic change in the role that manufacturing has played as part of the fabric that ties together our global economies. No longer seen as simply "black boxes" in the supply network that simply consumed materials and produced products "” manufacturing has experienced a renaissance whereby investment has returned with an expectation of continued growth into the future. In today's demand-driven reality, the role of the factory has evolved to necessitate greater flexibility and an ability to adapt to real-time sales information, resulting in better customer satisfaction, efficiency and profits.
Gauging the size of the supply chain technology market is a problematic exercise"”determining what technology components to include and what to leave out, which companies to include and who to leave out.
Logistics complexity - in the form of fragmented channels, increased product variations, and consumer demand for customized solutions - has been increasing, according to a global study published by BVL International, a worldwide supply chain and logistics membership organization.
I call attention to a misconception among business reporters and analysts concerning the lack of expertise in the supply chain arena. A recent Wall Street Journal article The Hot New MBA: Supply Chain Management is making the rounds of various Logistics blog circles. Basically, the article tells us that there are not enough experienced logistics and Supply Chain professionals to go around. And that universities are ramping up to offer courses that will help business fill the gap. This, of course, is nonsense.
With high customer expectations for service and the need for organizations to secure business continuity, businesses must develop a collaborative approach to supply chain management. Your business must be able to orchestrate suppliers, assemblers, and distributors, creating a singular view of goods and services among all entities that touch the supply chain.
Saks Fifth Avenue is over halfway through a multi-year, multi-front, multimillion-dollar transformation into an omnichannel enterprise. The retailer has already deployed approximately 2,000 iPad tablets in its stores to facilitate associates' communication and engagement with customers, and will be launching an e-commerce site for its OFF 5TH outlet banner this fall.