Reduce spending in your business. Are ‘savings’ in maintenance expenditure real savings? In a future time, when the original decision maker has moved to another job, additional expenditure will be required to keep the items or equipment operational. A recent court case in Australia found an electricity utility guilty of causing a devastating fire that killed a number of people … Read More
Think about Supply Chains and Logistics as Strategic
Innovation in your supply chains. You cannot cut your business to glory. There comes a time when being smarter is the better option. After some seven years of hearing and reading about re-organisation and retrenchment as a solution to business challenges, is it the right time to invest in smarter supply chains? This thought was triggered by a recent report … Read More
Making your supply chains really effective takes time
Productivity as a part of your business. Achieving substantial improvements to the supply chains and logistics of your business is not a five minute exercise. Productivity improvement always involves managers actually managing; that is, allocating resources to achieve the desired outcomes. And that can mean people changing their role in the business or being retrenched – always a difficult exercise. … Read More
Data accuracy, not technology improves your supply chains
Too much emphasis on technology ‘solutions’. Do you remember the hype about RFID a few years ago. Well, it is starting again with the Internet of Things; also called Machine to Machine (M2M). RFID was going to revolutionise the world of business, but didn’t and the same will likely occur with M2M. The hype cycle identified by the Gartner Group … Read More
Your supply chains will suffer with the wrong business forecast
Believing business forecast for your company. This week I read of a company supplying materials into the American building and construction industry which has severely overestimated the strength and speed of the national recovery in building activity. The CEO forecast and the Board accepted that US housing starts would rise by between 15 and 18 percent against the previous year’s … Read More