Tag Archive: delivery

LA Metro & Innovative Transportation

May 4th, 2018

 

L.A. Metro & Innovative Transportation

I was able to hear Joshua Schank, Director of Innovation of L.A. Metro talk at a ProVisors meeting last week.  So, it seemed appropriate to share the complexity of L.A.’s transportation network and some of the innovations starting to gain momentum.

The single largest innovation he discussed is the ability for L.A. Metro to receive unsolicited proposals for ideas. Since they implemented this idea in 2016, they’ve received over 100. Many of these are gaining momentum – and getting implemented in a private/ public partnership QUICKER than ever before and under budget.  

 

 

 

 

 

 

They also have submitted a strategic plan for approval that goes beyond on-time arrival to improving mobility.  He told us an interesting statistic – in the recent past, 2.3 million people were added to the L.A. area and 2.1 million cars were added during the same time period.  It will require innovation to bring L.A. Metro from last resort transportation to attractive to its potential customer base!

One tip to implement this week:
Interesting that even with one of the areas not typically seen as modern (a governmental agency related to transportation), innovation is seen as a priority – so much so that they have a position dedicated to it.

The Amazonian marketplace has even made its way to transportation as I heard him say customer focus and quicker delivery of projects multiple times. He said projects used to typically finish far later than the delivery date and significantly over budget.  Now, many are delivered early and under budget. If an governmental agency can increase speed, why can’t you?

Of course, it isn’t as simple as dictating quicker delivery.  Put some thought into what it would take to come up with innovative ideas.  In their case, they allowed for unsolicited proposals. That was probably seen as radical.  

Are you merely content with continuous improvement or are you taking the stance of L.A. Metro to look at dramatic change?  What would you need to do to encourage your employees, customers, suppliers and others to tell you about their ideas for positive innovations?  

Put thought into how you could encourage that – there’s no time to delay if you plan on  remaining competitive!

 



Time or Money – Which Gets the Priority?

July 11th, 2017
delivery

Customers have come to expect instantaneous delivery. Here are 7 questions to consider when weighing time vs. money.

In today’s Amazon-impacted world, we believe in instantaneous delivery. It has become an expectation. Even my mom who orders on Amazon by calling me believes a two-day delivery is a bit long. After all, she might not realize she needs something until the last minute. Thus, which is more important – time or money?

Here are a few questions to ponder when thinking about time vs. money:

1. Do you expect rapid deliveries across the board?

2. Are you willing to spend extra money for speed? Are your customers? Do you know this answer or are you guessing?

3. How important is cash flow to your business? How long is your supply chain? Regardless of how well inventory is managed, how much will be tied up by virtue of your supply chain design? How does that compare with delivery expectations?

4. Have you thought about investing in your demand plan instead of into inventory to be better prepared to deliver quickly without sinking cash into what is likely to become slow moving inventory?

5. Have you thought about investing money into strategically placed inventory? Having what your customer needs when they need it might be the difference between success and failure.

6. In your business, can you have time AND money?

7. What other types of time and money are you overlooking?  Get the full picture before jumping in.

 

Did you like this article? Continue reading on how to be the Strongest Link in your organization:

Slashing Lead Times to Counter the ‘Amazon Effect’

Lean or No Lean, a Demand Plan is a Must