As mentioned in last Friday's post, we had the privilege of recording three interviews with Jake Barr. In this video, Insights for today’s business leaders, a variety of themes are discussed in the context of what should be the priorities for today’s supply chain leaders, including: having an end to end supply chain design, addressing the process gaps, having an outside-in supply chain strategy, knowing the right way to monitor and manage supply chain metrics, and having a way to understand the near-real time operations performance of the business. In Part 3: Insights for today’s business leaders, Jake Barr explores the following questions:
- What aspects of supply chain do companies struggle with the most when transforming their supply chain?
- What is a successful strategy for business leaders?
- When moving to end-to-end enablement and alignment, what are the implications on supply chain metrics?
- What are three priorities for a company looking to evolve their supply chain processes?
Jake, a 32-year employee of the Procter & Gamble Company, directed the Global Supply Network Design efforts for the Company, in addition to being the discipline Director for Supply Network Operations. So, as a former practitioner, he has a lot of insight to share. ... please check it out! Notable passage:
"So the best strategies are those that are actually multi-tiered in nature that actually have a minimum of a five to ten year horizon where you can actually answer the questions “What will trigger that next stage of change and when we need to push the button?” "So again, organization design, focus and clarity on the process execution, you’ve got be relevant and good at what you're doing on those processes. They’ve got to be tightly integrated. You can’t be running one thing on a weekly cycle and one thing on a monthly cycle. ...you’ve got to look and make sure I’ve got the information that helps me to expose problems and, importantly, opportunities because in today's stagnant growth world, you've got to be able to pre-emptively strike before your competition can."
Happy Friday 21st Century Supply Chain readers!
p.s. feel free to check out past clips...