Originally posted in ASI - Adhesives & Sealants Industry - June, 2023 Innovation allows companies to achieve higher levels of growth, profitability, employee engagement, and success. According to the Global Innovation Index (GII), Switzerland ranks first in the world with the US edging out Sweden for the second position. [...]
Should you be rethinking your supply chain strategy? Absolutely! There is so much volatility going on in the world that you must reevaluate your supply chain.
If you aren't seeing the end-to-end supply chain as strategic, you will miss your opportunity to get ahead of the competition and grow as rapidly as you otherwise could! How quickly can you scale with increasing sales volume? [...]
Everyone is talking about the backlog of ships at the ports and when it will be resolved, but is that the right question? NO! Of course we will eventually resolve the current backlog; however, there are continual disruptions in the extended supply chain, and so who knows what disruption will be next. [...]
E-commerce is on fire and has sped forward 10 years within the last year. There are no signs of it slowing down. In fact, it appears that consumers have changed buying patterns and aren't going back. Similarly, B2B has seen an increase in drop shipments, and it continues to [...]
There is massive congestion at the L.A. and Long Beach ports. The latest figures from the Journal of Commerce shows 63 container ships in the harbor (34 awaiting berths and 29 at the berths). Terminals are full and dwell times have doubled. The situation isn't good, and manufacturers, distributors [...]
Why does the strategic supply chain matter? This is the topic of a recent collaboration with a global group of top supply chain consultants. We wrote an eBook available for free download (and is available for purchase on Amazon), "Thriving in the New Business Environment: Why The Strategic [...]
Do you want to be Amazon or Sears? Sears used to be the Amazon of its time, but they failed to change with the times. There is little life left in this former powerhouse of retail. On the other hand, Amazon continues to evolve and is clearly doing quite [...]
As I meet with countless CEOs and P&L leaders at clients, via connections, at speeches etc., I pay attention to what is top of mind. Strategy is always top of mind for the most successful business leaders!
Silence is extremely valuable in negotiations. Have you noticed that whoever is silent gains the upper hand?
