Strategy Driven

FEBRUARY 26, 2021

Operations managers have a tough and challenging role, particularly in 2021. If you’re working in operations management, or you aspire to become an operations supervisor, take a look at some of the challenges you’ll be facing in 2021: 1. Supply Chain Uncertainty.

Operations 71

Operations Supply Chain Management Transportation 71

Strategy Driven

JUNE 7, 2021

Deploying an operational risk management program that does the intended job remains a challenge for many businesses today. The industrial sector and others have witnessed rapid changes that significantly altered the way businesses operate. Global commerce continues to expand and supply chains are becoming more complex.

Operations 118

Operations Strategy Management Risk Management 118

Strategy Driven

MARCH 9, 2018

Supply chain management is sometimes considered as a posh name for logistics, but it does entail much more than making sure that products are delivered from Point A to B. If you are serious about improving your business and your productivity, you have to take supply chain management more seriously in the future.

Supply Chain 51

Supply Chain Management Quality Competitive Advantage 51

Leading Blog

FEBRUARY 10, 2023

These sectors of work, like the mining, textile, or glassmaking industries, thrived with their own supply chains, expertise, and proprietary distribution. Sectors like construction, real estate, automotive manufacturing, financial services, and health care have been thought of as distinct categories, each operating in its own spheres.

Supply Chain 308

Supply Chain Real Estate Automotive McKinsey 308

Strategy Driven

MARCH 24, 2024

By carefully considering the design of these pallet rack systems , warehouse operators can optimize not just space but also the movement and accessibility of goods, ultimately driving faster fulfillment rates and better inventory turnover.

Efficiency 95

Efficiency System Supply Chain Innovation 95

Lead from Within

MARCH 1, 2024

Ignoring these advancements may leave your organization struggling to keep up with competitors who harness the power of AI to enhance their operations, customer experiences, and overall competitiveness. Leaders should proactively explore how AI can augment their operations, leading to more efficient processes and improved outcomes.

Supply Chain 141

Supply Chain Efficiency Technology Operations 141

Strategy Driven

JANUARY 3, 2024

Efficient inventory management is a cornerstone of organizational success, impacting everything from customer satisfaction to the bottom line. In this blog, we explore this suggestion and delve into other effective strategies organizations can adopt to better manage their inventory.

Efficiency 84

Efficiency Supply Chain Management Software 84

Strategy Driven

AUGUST 24, 2017

According to estimates by supply chain management organizations, the global supply chain market is worth more than $10 trillion a year. As a company, managing your supply chain, organizing shipments and coordinating your efforts with other companies takes a lot of planning and effort.

Supply Chain 50

Supply Chain Strategy Cost Software 50

Lead Change Blog

NOVEMBER 9, 2017

The following excerpt is from the Introduction of Total Value Optimization: Transforming Your Global Supply Chain Into a Competitive Weapon by Steven J. Your supply chain is the backbone of your company. Its performance determines the health of your daily operations and the long-term success of your enterprise.

Supply Chain 204

Supply Chain P&L EBITDA Handbook 204

Rich Gee Group

OCTOBER 8, 2023

Understanding AI's Impact At its core, AI mimics human intelligence processes using algorithms, data, and machine learning. Analyze which areas of your operations could benefit the most from AI integration. Supply chain management? Prioritize Data Management: AI thrives on data. Let's dive in.

Supply Chain 195

Supply Chain Ethics Case Study Handbook 195

The Horizons Tracker

JANUARY 22, 2024

Efficiently managing the money a company needs to run its daily operations, known as working capital, is crucial for success. This connection between good working capital management and how well a company does can be complicated. New research tells us that investing in technology (IT) can help companies manage these numbers.

DSO 106

DSO DPO Working Capital Supply Chain 106

Harvard Business Review

OCTOBER 18, 2023

Global disruptions that cause sudden swings in consumer demand are becoming more commonplace today, changing the way we think about supply chains and de-risking them. Specifically the company invested in three strategic capabilities: surge capacity, partnerships, and data and processes.

Supply Chain 16

Supply Chain Insurance Uncertainty Policies 16

Joseph Lalonde

DECEMBER 23, 2022

Automotive logistics is the process of organizing transportation, warehousing, and other services associated with the movement of vehicles from their point of production to the end customer. Implementing cost-effective practices and procedures not only helps reduce overhead costs but also improves the overall efficiency of operations.

Automotive 229

Automotive Company Long-term Survey 229

Strategy Driven

JANUARY 30, 2024

You can achieve it at every step of the production process. Partner with local recycling programs and dispose of the recyclable materials used in your processes. Support Local Charities and Nonprofits Charities and nonprofits operate with donations from other companies. All these will surely help set your company apart.

Supply Chain 89

Supply Chain Ethics NGO Education 89

Strategy Driven

OCTOBER 6, 2023

Trucking firms play a key role in the wider global supply chain and logistics function. However, trucking firm owners and managers can still plan for sustainable and achievable growth even in an uncertain economic environment. In fact, the trucking sector needs managers with a sound grasp of finances to drive business expansion.

Planning 101

Planning Supply Chain Budgeting ROI 101

Talent Anarchy 1

AUGUST 25, 2023

Marketing Managers: Marketing managers are responsible for creating and executing marketing strategies to boost product sales. Brand Managers: Brand managers are tasked with building and maintaining a strong brand image. They work to optimize supply chain processes for maximum efficiency.

Career 78

Career Supply Chain Pharmaceuticals Industry 78

Strategy Driven

NOVEMBER 9, 2023

Effective financial management is a cornerstone of successful business operations. Here, we will delve into some key strategies for successful business finance, highlighting the importance of financial planning, efficient budgeting, smart investments, and risk management.

Finance 103

Finance Strategy Succession Supply Chain 103

Strategy Driven

MAY 12, 2020

Managing your business gets increasingly more difficult as you scale it, Thankfully, there are plenty of ways to ensure that your company stays organized as long as you adopt some golden rules to help streamline your workflow and logistics processes. Efficient warehouse management is the key to a well-oiled logistics system.

Management 92

Management Supply Chain Contingency Plans Efficiency 92

The Horizons Tracker

MAY 10, 2020

The research focused on supply chain performance, and found that when operations are shut down over the weekend, the difficulties people have in re-engaging with work on Monday morning can cause significant performance issues throughout Monday. ”

Supply Chain 88

Supply Chain Productivity Products Technology 88

Strategy Driven

NOVEMBER 27, 2020

Being a manager is not an easy job, especially in manufacturing, where there are lots of moving parts that you need to be aware of. To make sure that your manufacturing operations can run smoothly and that your business can reach success, here are some top tips to ensure that you can expertly manage your processes and your employees.

Supply Chain 68

Supply Chain Management Software Quality 68

The Horizons Tracker

JUNE 17, 2022

. “AI can help SMEs to adapt to unprecedented conditions, meaning they can leverage technology to meet new types of demand, move at speed to pivot business operations, boost efficiency and reduce their business risks.” ” Managing risks.

Stress 112

Stress Supply Chain Uncertainty Comparison 112

Strategy Driven

APRIL 14, 2020

Managers and people in higher positions, in general, are always looking for ways to improve bottom-line operations and minimize the risks. Risk management helps them stay on top of the market challenges and trends in the relevant industry. Risk management, as we know, it will definitely change in the coming years.

Risk Management 112

Risk Management Analysis Management Market Risk 112

HR Digest

OCTOBER 7, 2020

A structured strategy for managing workforce can bring consistency into overall operations during today’s challenging times by putting people first. At the heart of any organization’s talent management strategy is headcount planning to ensure that it has the right number of talent with the right skills.

Management 98

Management Supply Chain Crisis Scenario Planning 98

Harvard Business Review

SEPTEMBER 19, 2023

Covid-19 was the death knell for traditional hierarchical command-and-control operations management. In its place a new model has emerged that’s far better equipped to deal with today’s disruptive, volatile, and unpredictable environment. This model is built on four pillars — trust, talent, transparency, and technology.

Operations 22

Operations Management Technology Environment 22

Strategy Driven

JUNE 24, 2021

As an entrepreneur, you must be acquainted with the digital processes in the business world. Remote working has provided multiple benefits to the employees as well, like work-life balance, saving transportation costs, and an open room for time management. Worldwide Supply Chain. Challenges For Small Scale Entrepreneurs.

Entrepreneur 78

Entrepreneur Supply Chain Business Model Constraint 78

Lead Change Blog

MARCH 27, 2020

Preparations include creating a disease outbreak response plan, preparing for event cancellations, enforcing a more stringent cleaning process for offices, and cross-training employees in case some get sick or need to take care of family members who are. Your company will need to make major changes to remain operational.

Supply Chain 222

Supply Chain Short-term Strategic Planning Long-term 222

Strategy Driven

MARCH 31, 2023

Any shrewd and knowledgeable business manager, along with always ensuring complete legal compliance and the continuous quality of the products and/or services they provide, also has one eye on the performance of their close industry rivals.

Industry 87

Industry USP Supply Chain How To 87

Strategy Driven

DECEMBER 28, 2022

To achieve perpetual growth and increase revenues, businesses need to work closely with all parties involved in fulfilling core business operations. Increased sales can be directly attributed to how successfully a business collaborates with the entire supply chain. Understanding Supply Chain Management.

Supply Chain 102

Supply Chain Agility Management Operations 102

Great Leadership By Dan

JUNE 19, 2018

The In Search of Excellence author, Tom Peters utilizes the term “management by walking around”. I often tell upper management that they have earned their stripes and that I view them as “the Elder council”. After absorbing a new operation, I visited the factory floor. This is leadership!

Active Listening 192

Active Listening Succession Supply Chain Leadership 192

Strategy Driven

JANUARY 3, 2022

Through that understanding the team and I can then develop new solutions that save time and money or create greater efficiencies or develop better processes. If a business process seems broken, analyze each step. At Freeman, we streamline our supply chain by taking a beginner’s mindset and breaking down the process.

COO 129

COO Supply Chain Globalization Learning-by-Doing 129

N2Growth Blog

SEPTEMBER 28, 2020

The 2020 Leaders25 Top CHRO Award is a list curated by a panel of N2Growth team members ( co-led by Jeffrey Cohn and Mike Myatt ), as well as outside advisory members to ensure objectivity and rigor in our selection process. Beth is another former operator who really understands the business and their 37,000+ workforce.

Human Resources 469

Human Resources Globalization Diversity Resources 469

Harvard Business Review

JUNE 15, 2018

The supply chain is the heart of a company’s operations. To make the best decisions, managers need access to real-time data about their supply chain, but the limitations of legacy technologies can thwart the goal of end-to-end transparency. Alistair Berg/Getty Images. Insight Center.

Supply Chain 8

Supply Chain Management Retail Technology 8

Strategy Driven

JANUARY 27, 2021

SOPs or standard operating procedures may vary from one company to another. SOPs boost production efficiency because they focus on happy customers, strong supply chains, and safe employees. As a production line manager, you strive to maximize the output without sacrificing quality. Effective automation. Bottom Line.

Efficiency 73

Efficiency Productivity Products Supply Chain 73

HR Digest

APRIL 21, 2024

Implementing effective diversity policies in the workplace is a comprehensive process that involves measures like recruitment strategies, flexible work arrangements, and dignity at work policies, as discussed in this guide. Consider it to be a critical element of your workplace diversity policies.

Diversity 95

Diversity Policies Commitment Supply Chain 95

Engaging Leader

DECEMBER 6, 2012

Guest Megan Burns is a consultant, speaker, & managing director of Operations Strategy Consulting. She has more than 15 years of industrial engineering and supply chain management experience. Guest Megan Burns is a consultant, speaker, & managing director of Operations Strategy Consulting.

Resistance 184

Resistance Six Sigma Supply Chain Stakeholder Analysis 184

Strategy Driven

OCTOBER 8, 2017

Warehouses play a vital role in the supply chain and can, therefore, have a dramatic impact on your business’ bottom line. Of course, having a small amount of safety stock is always sensible, but you should reduce this to the bare minimum if you want to run a really smooth operation. Photo courtesy of Pixabay.

Operations 50

Operations Tips Organization Supply Chain 50

HR Digest

APRIL 30, 2021

These skills enable one to handle specific tasks and processes such as the use of tools, equipment, or software. How your application of a tool, a supply chain glitch solution, or even getting the correct software to handle administrative tasks helped the ultimate outcomes, can be highlighted. Management and project handling.

Skills 96

Skills Supply Chain How To Software 96