Should price be the primary metric of supplier management?
Are you treating your suppliers right? General Motors, a company historically adversarial with their suppliers, long outlasting their 800-pound gorilla status, is working towards mending and building relationships with its suppliers. Some of their playbook is the same old GM. They are looking to consolidate their supply base so that
Read MoreMeasurement Misnomers, and Toyota Dealership Problems
On our LinkedIn Group we get many good discussions and questions. We had one from Roger Cook that I thought was worth repeating and expanding upon. Here is the question: I’m curious if any of you have foolproof ways of insuring your metrics (which lean folks are famous for measuring
Read MoreUnderstanding Total Cost
Do you know what your supply chain really costs you? Most companies don’t. They do know how much they spend on suppliers, but that’s just the transaction costs. There are many other true costs in your organization that are affected by the design of your supply chain. The design affects
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