Subscribe to our free, weekly email newsletter!


New book illustrates how supply chain improvements greatly enhance business

Co-authored by Frank Quinn, chief editor of LM’s sister publication Supply Chain Management Review, “Diagnosing Greatness: Ten Traits of the Best Supply Chains” targets at all levels and functions of business management
By Staff
August 26, 2010

In the recently published “Diagnosing Greatness: Ten Traits of the Best Supply Chains,” Frank Quinn, chief editor of Supply Chain Management Review, Chuck Poirier of CSC Consulting and Morgan Swink of Michigan State University highlight 10 common denominators of successful supply chains. Through case studies, they explain how these characteristics translate to higher revenues and lower operating costs. 

“Diagnosing Greatness” targets at all levels and functions of business management. It explains how business performance can be enhanced through a concerted effort to implement improvements across a full supply chain network. Using academic studies, published literature and documentation from annual global surveys among supply chain and logistics professionals conducted by Supply Chain Management Review magazine, Computer Sciences Corporation and Michigan State University, the authors combine their experiences to present a clear substantiation of what leading companies are accomplishing through supply chain efforts.
The authors isolated the best supply chains then diagnosed what led to their superior execution. Findings enabled the authors to articulate the top 10 traits of greatness. Each chapter covers a trait which companies can use to initiate their own plan for achieving success.
The top 10 traits include: sound supply chain strategy supported by solid leadership; focus on financial metrics; commitment to innovation and process improvement; collaboration with selected partners; superior strategic sourcing; excellence in logistics execution; proficiency in planning and responsiveness; high customer integration and satisfaction; ability to anticipate and manage risk; and globally optimized operations.
Key features:
• Shows how businesses can eliminate costs and apply the savings to improve their top and bottom lines;
• Provides practical advice and prescriptive steps for bringing improvements to purchasing and sourcing, transportation and warehousing, sales and operations planning, inventory management, and operating systems;
• Presents clear descriptions to achieve a perfect ordering and handling system, provide vendor-managed inventory capability, introduce forecast collaboration, and achieve matching of actual demand with ability to deliver;
• Explains how leaders are combining other techniques to enhance their supply chain efforts, such as lean, quality, selective outsourcing, and customer intelligence; and
• Gives a step-by-step roadmap and business plan for implementation and success.
Rave review
“This book sets the new standard for what supply chain management is all about. The authors have applied their research and industry data to establish a solid framework and prescription for achieving the best possible results from a supply chain. It is recommended reading.”
—Hon. Roger W. Kallock, Former Deputy Under Secretary of Defense (Logistics and Materiel Readiness)

 

Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Panjiva, an online search engine with detailed information on global suppliers and manufacturers, recently said it is opening up the “vault,” so to speak. The vault in this case is making its copious amount of trade data accessible through an Application Programming Interface (API), which enables customers to extract Panjiva’s trade data into their own database.

Freight transportation and logistics services provider Averitt Express recently announced it has rolled out improved transit times for less-than-truckload (LTL) service from the Midwest to Toronto and other cities.

Data issued by the National Retail Federation lowered its 2014 retail sales forecast, due to a slow first six months of the year (and largely negatively influenced by the terrible winter weather), but noted that retail sales are expected to be strong over the next five months to finish the year.

Anne Ferro, a ferocious advocate for greater truck safety and a constant thorn to truck drivers and some unsafe trucking fleets, says she is leaving as administrator of the Federal Motor Carrier Safety Administration. No successor has been immediately named.

Data issued by the National Retail Federation lowered its 2014 retail sales forecast, due to a slow first six months of the year (and largely negatively influenced by the terrible winter weather), but noted that retail sales are expected to be strong over the next five months to finish the year.

Article Topics

News · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA