Strategic Sourcing for Successful Supply Chain Management

 Procurement, Strategy, Supply Chain  Comments Off on Strategic Sourcing for Successful Supply Chain Management
Oct 242017
 
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Strategic Sourcing

Strategic Sourcing for Successful Supply Chain Management.  A well trained procurement organization can save a company millions of dollars.

  • “The most important trip you may take in life is meeting people half way.”  ~ Henry Boyle
  • “You have to persuade yourself that you absolutely don’t care what happens. If you don’t care, you’ve won. I absolutely promise you, in every serious negotiation, the man or woman who doesn’t care is going to win.”  ~ Felix Dennis
  • “Victorious warriors win first and then go to war, while defeated warriors go to war first and then seek to win.” ~ Sun Tzu
  • “We tend to think that, in a traditional organisation, people are producing results because management wants results, but the essence of a high-quality organisation is people producing results because they want the results. It’s puzzling we find that hard to understand, that if people are really enjoying, they’ll innovate, they’ll take risks, they’ll have trust with one another because they are really committed to what they’re doing and it’s fun” ~ Peter Senge
  • “What business strategy is all about-what distinguishes it from all other kinds of business planning-is, in a word, competitive advantage. Without competitors there would be no need for strategy, for the sole purpose of strategic planning is to enable the company to gain, as efficiently as possible, a sustainable edge over its competitors.” ~ Kenichi Ohmae
  • “The reason most people never reach their goals is that they don’t define them, or ever seriously consider them as believable or achievable. Winners can tell you where they are going, what they plan to do along the way, and who will be sharing the adventure with them” ~ Denis Watley
  • “Negotiation is not a policy. It’s a technique. It’s something you use when it’s to your advantage, and something that you don’t use when it’s not to your advantage.”  ~ John Bolton

“Strategic sourcing in the simplest terms – leveraging all resources to get the best value for the company.” ~EverythingSupplyChain.com

Strategic Sourcing supply chain

“A well trained procurement organization can add major dollars to the organization through cost savings.” ~EverythingSupplyChain.com

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strategic sourcing supply chain

strategic sourcing

SWOT Analysis: How to perform one for your organization. 600k views

 Leadership, Strategy  Comments Off on SWOT Analysis: How to perform one for your organization. 600k views
Aug 032016
 
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SWOT Analysis

SWOT Analysis – Strengths, Weaknesses, Opportunities, Threats. A key component for business strategy.

Section 14. SWOT Analysis: Strengths, Weaknesses, Opportunities, and Threats

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The Art of War: Extraordinary Speed | Sun Tzu Applied to Business

 book, Leadership, Strategy  Comments Off on The Art of War: Extraordinary Speed | Sun Tzu Applied to Business
Jun 082016
 
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The Art of War

Sun Tzu wrote in The Art of War, “What is of the greatest importance in war is extraordinary speed: one cannot afford to neglect opportunity.” Damir Perge shares entrepreneurial advice on how to apply the lessons of Sun Tzu’s The Art of War to business and entrepreneurship for success.

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Art of War Quotes

  • All warfare is based on deception. Hence, when able to attack, we must seem unable; when using our forces, we must seem inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near. Hold out baits to entice the enemy. Feign disorder, and crush him.  ~ Sun Tzu, the Art of War
  • In the practical art of war, the best thing of all is to take the enemy’s country whole and intact; to shatter and destroy it is not so good. So, too, it is better to recapture an army entire than to destroy it. ~ Sun Tzu, the Art of War
  • In all fighting, the direct method may be used for joining battle, but indirect methods will be needed in order to secure victory. In battle, there are not more than two methods of attack – the direct and the indirect; yet these two in combination give rise to an endless series of maneuvers. The direct and the indirect lead on to each other in turn. It is like moving in a circle – you never come to an end. Who can exhaust the possibilities of their combination? ~ Sun Tzu
  • Regard your soldiers as your children, and they will follow you into the deepest valleys; look upon them as your own beloved sons, and they will stand by you even unto death. If, however, you are indulgent, but unable to make your authority felt; kind-hearted, but unable to enforce your commands; and incapable, moreover, of quelling disorder: then your soldiers must be likened to spoilt children; they are useless for any practical purpose. ~Sun Tzu

The Art of War

A.G. Lafley (Former P&G CEO) Defines Effective Business Strategy

 CEO, Leadership, Strategy, Supply Chain  Comments Off on A.G. Lafley (Former P&G CEO) Defines Effective Business Strategy
May 212016
 
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P&G CEO

Former P&G CEO shares leadership, brand and marketing insights from his new book, ‘Playing to Win.’  P&G is one of the top supply chain companies in the world.  P&G is a great company to research for supply chain best practices.

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A.G. Lafley Quotes:

  • “The heart of strategy is the answer to two fundamental questions: where will you play, and how will you win there?”  ~ A.G. Lafley, P&G CEO
  • “We develop and grow leaders. PG people are given the opportunity – the assignments, experiences, and coaching – to become the strongest leaders they can be.” ~ A.G. Lafley

MORE QUOTES: Business, Hard Work & Don’t Quit, Leadership, SUPPLY CHAIN, Teamwork

What if Peter Drucker Taught Enterprise 2.0 Strategy?

 Collaboration, Leadership, social media, Strategy, Technology  Comments Off on What if Peter Drucker Taught Enterprise 2.0 Strategy?
Apr 032016
 
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Peter Drucker

What if Peter Drucker Taught Enterprise 2.0 Strategy?  How has social media and social collaboration changed business?

If you like what you see please share it.

CEO and Leadership Blogs

Business Quotes

  • Train people well enough so they can leave, treat them well enough so they don’t want to. ~ Richard Branson
  • “It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.” ~ Warren Buffett
  • “Don’t be afraid to fail. Get out there and experiment and learn and fail and get a rate based on the experiences you have. Go for it and when you go for it you’ll learn what you’re capable of, what the potential is, where the opportunities are, but you can’t be afraid to fail because that’s when you learn.” ~ Michael Dell
  • “You cannot continue to succeed in the world or have a fulfilling life in the world unless you choose to use your life in the service somehow to others and give back what you have been given. That’s how you keep it. That’s how you get it. That’s how you grow it.” ~ Oprah Winfrey
  • “We are all faced with a series of great opportunities brilliantly disguised as impossible situations.” ~ Charles R. Swindoll
  • “If you do what you’ve always done, you’ll get what you’ve always gotten.” ~ Tony Robbins
  • “Success seems to be connected with action.  Successful people keep moving.  They make mistakes, but they don’t quit.”   ~ Conrad Hilton

Peter Drucker Business Strategy quote

Visual summary explaining the Balanced Scorecard. 70k views.

 career, guru, Leadership, mba, metrics, Strategy  Comments Off on Visual summary explaining the Balanced Scorecard. 70k views.
Apr 012016
 
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Balanced Scorecard

A visual summary explaining the Balanced Scorecard is and how it relates to business.

CEO and Leadership Blogs

Quotes

  • “The most valuable commodity I know of is information.”  ~ Gordon Gekko, Wall Street(1987)
  • “The world is one big data problem.”  ~  Andrew McAfee
  • “If you can’t explain it simply, you don’t understand it well enough.”  ~ Albert Einstein
  • ““In God we trust. All others must bring data.”   ~ W. Edwards Deming
  • “If we have data, let’s look at data. If all we have are opinions, let’s go with mine.”  ~ Jim Barksdale
  • War is ninety percent information.” ~ Napoleon Bonaparte

balanced scorecard

Porter’s Five Forces That Shape Strategy. 850k views

 guru, Leadership, Strategy  Comments Off on Porter’s Five Forces That Shape Strategy. 850k views
Mar 242016
 
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Porter’s Five Forces.  Business Strategy and Execution.

Porter’s five forces is a great tool for modern business strategy.  This is an interview with Michael E. Porter, Professor Harvard University.  If you take any type of Business Strategy class Porter’s Five Forces should be in it.

CEO and Leadership Blogs

Business Strategy Quotes

  • “As a multisport athlete, I was always fascinated with competition and how to win. At HBS and later at the Harvard Department of Economics, I was drawn to the field of competition and strategy because it tackles perhaps the most basic question in both business management and industrial economics: What determines corporate performance?”  ~ Michael Porter
  • “In a period of economic downturn, the overwhelming instinct is to pare back, cut costs, and lay off. If you do that, do so with your strategy in mind. The worst mistake is to cut across the board. Instead, reconnect and recommit to a clear strategy that will distinguish yourself from others.”  ~ Michael Porter
  • “There is nothing so useless as doing efficiently that which should not be done at all.”  ~ Peter Drucker
  • “However beautiful the strategy, you should occasionally look at the results.”  ~ Winston Churchill
  • “If you can’t describe your strategy in twenty minutes, simply and in plain language, you haven’t got a plan. ‘But,’ people may say, ‘I’ve got a complex strategy. It can’t be reduced to a page.’ That’s nonsense. That’s not a complex strategy. It’s a complex thought about the strategy.”    ~ Larry Bossidy
  • “Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat.”  ~ Sun Tzu
  • “Persistence is what makes the impossible possible, the possible likely, and the likely definite” Robert Half
  • “Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion.”  ~ Jack Welch, former CEO GE

Peter Drucker Business Strategy quote Porter's five forces

Dave Waters quote

Introduction to Strategic Management

 Leadership, mba, Strategy  Comments Off on Introduction to Strategic Management
Feb 252016
 
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Over 380,000 views. Where to compete and how to compete. 13 minute video.

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MIT Green Supply Chain Strategy Course

 Recycle, Strategy, Supply Chain, sustainability  Comments Off on MIT Green Supply Chain Strategy Course
Dec 212015
 
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Green Supply Chain Strategy

Student discussed a case study focused on the corporate social responsibility. Also, the instructor emphasized the importance of the life cycle assessment and introduced the five steps to develop a sound Green Supply Chain Management strategy.

 

Sam Walton quote you can learn from everybody walmart

Leading Supply Chain Strategies — From Cost Centre to Competitive Advantage

 Strategy, Supply Chain  Comments Off on Leading Supply Chain Strategies — From Cost Centre to Competitive Advantage
Dec 202015
 
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From youtube.com: This presentation will demonstrate how leading supply chains can deliver a sustainable competitive advantage, with a focus on creating free cash flow, reducing operating costs and delivering market leading service levels. Practical examples of what leading international and local companies are doing to survive and thrive in these turbulent times will be provided. Emerging supply chain challenges and trends will be discussed, and Australian supply chain benchmarking data will also be presented:

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