By Jimmy Anklesaria
ISBN-10: 0814409482
ISBN-13: 9780814409480
ISBN-10: 0814474756
ISBN-13: 9780814474754
For many offer chains, fee aid is valuable to long term survival. but picking the prices that may be eradicated - after which doing so successfully - can turn out very unlikely with out the appropriate strategy. This publication introduces a similar procedure the writer has used to avoid wasting businesses like IBM, Kodak, and DuPont billions of bucks, just by harnessing the data of providers. utilizing actual lifestyles case experiences and examples, the ebook provides readers every thing they should enforce this robust method, and convey actual and everlasting mark downs to their corporation.
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Extra info for The Supply Chain Cost Management: The Aim & Drive Process for Achieving Extraordinary Results
Example text
And, why not? You don’t expect a company to emulate the worst competitor in the industry, do you? Call it copying, emulating, competitive analysis, benchmarking, or the latest politically correct term. Your job should always be to see what your number-one competitor is doing. Copy it and do it better. In America we complained when the Japanese did this. We called that unfair trade. ’’ Just like when a student paraphrases from an article, he or she is accused of plagiarizing. ’’ How hypocritical!
50 after all splits in 2007). I put up a slide that Gene Richter had used earlier in the day (see Figure 2-1) to illustrate the link between leadership, structure, and strategy. I added the part in the center. Regardless of which part of the organization you happen to work with, the common goal of a business is to maximize stockholder wealth. At least, that’s what they taught me in Finance 101. Stockholder wealth is measured by the appreciation in stock price over a period of time. And what drives the stock price?
As you can see from the top line in the center triangle of Figure 2-1, the first part of the effort to increase the stock price is to increase net profit. That means a firm has to either increase revenue with stable or lower costs, or lower costs with stable or increasing revenue. Now, what they do not tell you in business school is that the ‘‘market’’ does not look kindly at companies that cannot demonstrate that the revenue increase or cost reduction is sustainable. Since I was talking with Procurement folks at IBM, I stressed that point.
The Supply Chain Cost Management: The Aim & Drive Process for Achieving Extraordinary Results by Jimmy Anklesaria
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