The Resilient Supply Chain: Vendors or Partners?
Do you view your suppliers as vendors or partners? And who are you hiring to manage these relationships?
Do you view your suppliers as vendors or partners? And who are you hiring to manage these relationships?
There is no doubt that the most successful executives utilize all of these techniques to make sure they generate a seemingly never-ending stream of ideas to increase the value of their business. Will you set aside time on a daily, weekly and monthly basis to priorities these activities?
Have you thought about the role of conflict and collaboration in the supply chain? When thinking of supply chain from creation to customer, there are many links and connections.
Are you taking a hard look at your collaborations and partners?
Have you thought about how to expand your thinking? A first good step would be to take a step back and think about ways to expand your thinking. It is quite easy to get stuck inside your current reality.
Are you paying attention to the Amazon effect? You should be!
Think carefully about your real objective. Are you truly interested in cost cuts? For my part, I have yet to hear of a company vision, mission, or strategy that’s related to cutting costs.
It might just pay to remember that your relationship network is one of your most valuable assets. Can you find ways to collaborate for win-win success?
What stands out in your mind as the most valuable introduction, resource or help provided by your colleagues and contacts?
Take stock of your connections. I bet you know more people than you realize.