... about how to approach this critical ongoing effort. Among the key golden rules are to develop and maintain: documented and formalised processes around supply and demand planning; meaningful metrics that approximate profit impacts of trade-off decisions; cost-to-serve models that can help to quantify the ...
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... steadily gaining in price/performance terms. What all this means for supply chain leaders is that network design philosophies must change. First, it means purchasing energy with a risk-adjusted portfolio approach that recognizes long-term trends in costs. Normal commodity management strategies are a ...
... quarter since 2006. One PepsiCo food plant in Colombia for instance reuses 75% of water entering the facility. Taiwan Semiconductor (TSMC) takes this still farther with 90% reuse of water in its operations, having spotted drought as a business continuity threat over a decade ago. Be prepared Supply chain ...
... Continuous improvement is no longer enough – today’s supply chain professionals must master continuous acceleration, and often in the face of resistance to change. A new approach to learning is needed. Fast mastery I spent a few hours with Colgate-Palmolive’s supply chain leadership team in Piscataway, New Jersey ...
... winning the war. Structure is critical, but there is no single right answer. Some like BASF manage very effectively with a complex shared service overlay model that complements business units. Others like Colgate-Palmolive leverage a robust central command structure that is truly end to end. In both of ...
... released its fourth-quarter forecast, with its top prediction being a hot crisis in North Korea this autumn. Business leaders generally prefer not to comment on topics like these, but one hopes they are working on contingency plans behind the scenes. Natural Disaster I spoke recently to the CEO of Puerto ...
... capable of connecting with every single person in the room in ways that made them better. Each time Bill Copacino was on my calendar, I made extra effort to prepare – not because I was afraid the meeting would be tough, but because I wanted to learn as much as possible while I had him. Learning by doing ...
... discussion with our community of COOs and global chief supply chain officers on the critical intersection between supply chain and product lifecycle management. As part of a two-hour roundtable discussion, we explored the following topics with these leaders: How can supply chain better integrate with product ...
... application that is biased against candidates with your background. Envision having a loved one be denied critical medical care by AI-based tools offering lower reimbursement rates for people in your postal code. These scenarios are not hypothetical; their outcomes happen today, both with and without ...