Tag Archive: Nestle

Blockchain Service Has Gone Mainstream

June 11th, 2019

Although according to most experts, blockchain hasn’t lived up to its promise yet especially in comparison with IoT, robotics and more, it has just gone mainstream. Of course, who else but Amazon has just made blockchain service platform generally available. Undoubtedly, that will disrupt many of the techies running around to be the first at blockchain! With that said, big names such as IBM have poured a lot of resources into blockchain, so it is likely to go somewhere. For example, IBM and Syniverse just completed a pilot program for roaming solutions using blockchain technology.  And, IBM has interesting projects going with Nestle, Volkswagen, and Albertsons (the world’s 2nd largest grocery chain).

Have you thought about how blockchain might impact your industry?

What Should We Consider and/or What Impacts Could Arise?
There has been a lot of hoopla about blockchain for several years although progress has been slower than many other technologies. Regardless of how popular, it is important to understand key technologies that might impact your industry or your supply chain partners. Certainly, in blockchain’s case, it is relevant to industries where a chain-of-custody might be needed such as food. That is why two of the companies mentioned above relate to food, Nestle and Albertsons. Yet it doesn’t matter if you relate to food or another blockchain-related industry, it is quite likely your industry or your supply chain will be impacted in some way. For example, you might use the same supplier or transportation system.

The bottom line is to stay abreast of what might impact your industry, company, customers, suppliers and related geographies. Thinking ahead will enable you to take advantage of opportunities and successfully navigate around barriers. You’ll find more information on these types of topics on our resilient supply chain series.

 



Recognition & 2017’s LMA Advocate Award Winner

June 19th, 2017

On the 10 year anniversary of my business, I recognized 10 people for 10 years as LMA Advocates – people who have gone over and beyond, resulting in LMA Consulting’s growth and success. I truly appreciate their support, expertise, ideas and feedback. I would not be here today without them – and certainly not leading a growing and leading edge consulting practice that partners with manufacturers and supply chain organizations to create BOLD customer promises and profits. Who doesn’t want to find the win-win-win of customer growth/loyalty, profits and accelerated cash flow?!

Ever since my 10-year bash, I’ve recognized one person each year on the anniversary of LMA Consulting. Thus, on my 12-year anniversary, I’m thrilled to announce Parizad Sethna, VP of Member Services for APICS-IE and Supply Chain Manager at Nestle.

Recognition

Parizad and I collaborate on the APICS-IE Board of Directors, and she has been instrumental in our communications, executive panel and networking symposiums and raising the bar in terms of the value we provide members. She also stands out from the crowd with her creativity, innovation and determination in taking on new areas of responsibility that might be considered outside of her core area of expertise, which I have found particularly valuable with both APICS and LMA Consulting.

One tip to implement this week:

There isn’t a bad time to take stock of whether you are recognizing people enough! Start with those that report to you. Who stands out from the crowd? Make sure your feedback and recognition is specific. Although I went big with a nice award, a simple thank you can go a long way. Of course, you can do both. Don’t recognize too many people as it might deter from the significance. However, you could add another category. For example, I am thinking about adding a category for a high performance manufacturer or distributor. You’ll likely see this coming soon….

Don’t stop with your direct reports! I think an often overlooked opportunity is to recognize your peers and managers. There are many ways to recognize them by putting in a good word, by sending an email, writing them a recommendation on LinkedIn, taking them to lunch etc. Start your juices thinking about recognition.

Looking for more ideas to keep your supply chain connected? Access more tips and resources on my blog. And keep connected by subscribing to my newsletter and email feed of “I’ve Been Thinking…”