There are two common responses to the current problem. Whenever the freight costs go significantly over budget, companies think of doing one of two things:Call in the major freight contractors, apprise them of the situation and
Freight costs reduction is almost always the last frontier in the cost reduction landscape. At the board level, most companies do not pay much attention to their external freight costs. These costs never get the attention
One of the common problems cited by the boards and senior management is that the consultants they hire do not understand their unique challenges. This problem applies even more to large cookie cutter approach based consulting
There were only 24 hours left. Tomorrow the board would pull the plug on the project which had continued for well over 3 years. The total costs as per internal calculations had run into hundreds of millions
Recently, obstetrician Dr Liu Hongmei hit global headlines when she disclosed the story of a young couple who came to her after four years of intense attempt to get pregnant.As it happens in these cases - when
I have nothing against you President Trump. I have nothing for you either.But, when I heard of the directive to manufacture iPhones in USA, I had to write this post.This is one of the weakest ideas
The meeting room was as sparsely appointed as most meeting rooms used for supplier meetings these days. There were no windows, and barely any space to move. A round table in the center was surrounded by
Leading Executives Are Continually On a Lookout to Improve Supply Chain in Their CompanyMost CEOs and CXOs think about how to improve supply chain. They are surprised to discover that what they thought was a well-functioning
If I have seen it once, I have seen it a hundred times. A new person is brought in with a clear mandate. The things are meant to change. Out with the old, and in with
I have been asked this question a lot on Quora, as well in my board and other speeches. A lot of supply chain commentary is becoming too technical and mysterious. Supply Chain Software sellers have a