Entries from August 2007
As we enter the homestretch of The 100 Greatest Supply Management Tips of All Time! contest, we turn to a tip that, while on the surface may seem like a cop out, in reality is a good rule of thumb for supply management, business, and life, for that matter:
Pad Your Forecasts: When forecasting your projects, [more]
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Today’s entry to win the The 100 Greatest Supply Management Tips of All Time! contest is one of my personal favorites. It offers good advice for how to approach supplier negotiation and management:
Predictability is more important than time: Fixed, reliable lead times are more important than the length of the lead time. The importance of [more]
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The 100 Greatest Supply Management Tips of All Time continues, this time with a focus on inventory management.
Cut it out: Work with partners to eliminate unnecessary or redundant inventory from the supply chain. The format of inventory and where it is held is of common interest to all supply chain players and must be jointly [more]
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We interrupt this regularly scheduled program (or, supply tip contest for those devoted readers) to plug a survey launched this week by Supply & Demand Chain Executive. The magazine is tackling an issue that I have addressed the last few months: Globalization. The five-minute survey will:
Identify the key challenges globalization is posing for purchasing and [more]
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The tip submitted yesterday for the Top 100 Greatest Supply Management Tips of All Time! contest reminded us that executive support only goes so far. To truly drive your supply management initiative, you must win the hearts and minds of the team members and stakeholders in the trenches.
Today’s recommended tip builds on this theme, encouraging [more]
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