Visionaries

Runaway costs eat away at money that could have been used for the benefit of the company like upgrading software systems, hiring additional employees, or training employees. That means root-cause analysis is required to identify all costs.

The original Customer’s Bill of Rights featured 8 rights. But, given the proliferation of e-commerce today, should the right to return also be a customer right?

The Right Cost is not the lowest cost but is the necessary cost to ensure that the order is perfectly conveyed for use or sale based on the customer’s requirements and expectations.

Quite simply, and by its own definition, Dr. Edward Marien’s Customer’s Bill of Rights is a customer-focused business model that places the customer first and foremost. It is also the foundation for delivering the Perfect Order.

Retailers and vendors need each other in what should be a symbiotic relationship. Here are some tips that each can implement to help in this common effort.

It is not enough for vendors to let retailers measure their supply chain performance and react when they get a bad report card. Vendors should be proactively monitoring themselves and assessing their own software systems and operations, making corrections before letting bad…

Consultant Norman Katz has written a series of articles leveraging Dr. Edward J. Marien’s Customer’s Bill of Rights to identify the key strategies and approaches to creating the Perfect Order.

Research looked at the trade-off between affordability and availability of medicines and how downstream dynamics impact patient access to oncology drugs.

The longer-term economic outlook is bleak for all of the countries involved in the tariff fight with higher consumer costs, loss of jobs, and increased international tensions, writes Rosemary Coates.

By focusing on technology trends like GenAI, predictive analytics, and conversational AI, CPOs will be in a better position to navigate the complexities of the digital landscape and deliver greater value to their organization.

By leveraging a data-driven approach and machine learning algorithms, an oil & gas company was able to more accurately predict semiconductor availability, reducing safety stock inventory and more effectively predicting lead-time forecasting.

The challenges to global supply chains during the first quarter of the 21st century have leaders refocusing their efforts on building effective workforces.

Supply chain disruptions persist, creating challenges for managers that have led to changes in network design, material sources, and automation. But talent management remains an existential challenge.

A pick-to-zero strategy is an order-picking method where shipments are received, put away, picked, and shipped out on the same day. When adding in network design changes, the benefits result in increased product freshness and lower daily shipment costs.

To ensure precision and efficiency, supply chain organizations look for the right measures to track their performance. These efforts focus on identifying key performance indicators for standard supply chain functions such as planning, procurement, manufacturing, and logistics.