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 ·

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!

Article Topics

All Topics
Latest Whitepaper
Six Ways Cloud ERP Supports Rapid Innovation
Kenandy is a new approach to ERP that lets you and your team focus on driving innovation, creating new product lines, and expanding your customer base even as you improve your business operations.
Download Today!
From the November 2016 Issue
The third time is the charm for this U.S. manufacturer on the hunt for a third-party logistics (3PL) provider that could successfully combine transportation services and technology capabilities under one roof.
Warehouse & DC Operations Survey: Ready to confront complexity
2016 Quest for Quality Awards Dinner
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Best Practices: How to Efficiently Leverage APIs to Increase Your Net Income
Both legacy and modern technology leaders agree that leveraging API connectivity is critical in keeping up with the pace of a world that demands not only speed and agility, but also a deep level of visibility. During this session a panel of technology and industry experts discuss impact APIs can have on annual net income and market capitalization.
Register Today!
EDITORS' PICKS
Making the TMS Decision: Ariens Finds Just the Right Fit
The third time is the charm for this U.S. manufacturer on the hunt for a third-party logistics (3PL)...
Motor Carrier Regulations Update: Caught in a Trap
The fed is hitting truckers with a barrage of costly regulations in an era of scant profits....

25th Annual Masters of Logistics
Indecision revolving around three complex supply chain elements—transportation, technology and...
2016 Quest for Quality: Winners Take the Spotlight
Which carriers, third-party logistics providers and U.S. ports have crossed the service-excellence...