Supply Chain Management Critical For Growth
Supply Chain Management (SCM), or the “active management of supply chain activities to maximise customer value and achieve a sustainable competitive advantage” is at the core of today’s global economy. Without stellar SCM, the online economy would not exist. Yet, this important aspect of every company’s sales and distribution network is a mystery to the general public. That is partially because when strong SCM protocols are in place, smooth transition from sale to distribution to customer is fluid and transparent. Only when that smooth delivery system is not in place, we tend to become aware of exactly how many working parts exist in supply chain management.
SCM represents a “conscious effort by the supply chain firms to develop and run supply chains in the most effective and efficient ways possible. Supply chain activities cover everything from product development, sourcing, production, and logistics, as well as the information systems needed to coordinate these activities.” When we think of receiving goods, we tend to think about logistics but as we can plainly see, logistics is merely one element in the chain.
The concept of SCM is based on two central ideas:
- Every product that reaches an end customer is the result of collaboration between multiple organisations or departments.
- Historically, most enterprises only pay attention to processes under their own control. This creates an environment where the margin for error is larger than necessary.
Today, organizations in a supply chain are linked together through information flows and the physical flow of goods. SCM has been around for a long time but in today’s economy there is more attention to detail. In this ultra-competitive environment, a solid SCM network ranks highly in customer satisfaction surveys. Continue reading
How Leadership Training Works
Every businessperson and business considers continuing training and evaluates the advantages of self-training compared to professional, more structured training. If the training is for key employees or for the whole organisation, internal training will not accomplish the same goals as professionally structured on-site or off-site programs will accomplish. Even for individuals wishing to expand their individual leadership qualities, self-training has many weaknesses. To better understand the shortcomings, we should investigate the processes used by professional leadership trainers.
Developing professional leadership skills should begin with a third-party professional assessment. Most individual and HR departments lack the tools and skills to properly assess the many challenges companies or individuals need to be competitive and gain an edge in today’s global marketplace. These are some of the benefits of a third-party assessment program.
- An evaluation as to capabilities of the organisation’s workforce.
- An assessment of the organisation’s talent and identification of areas in which training is needed. The assessments are developed with the highest standards of reliability and validity.
- Succession planning decisions can be evaluated and recommendations will be submitted.
- A program will be designed to focus the organisation’s training investments on areas with the highest returns.
- The assessment will leverage your talent pool to achieve the organisation’s best competitive advantage.
- A professional assessment will seek to develop leaders at every level of the organisation.
- The assessment will chart a course to build leadership bench strength where it can benefit the company the most.
- Charter a course to raise the skills of the organisation or individual with customised training solutions.
Most individuals or internal departments do not have the ability to accurately and objectively perform this critical assessment. Usually, a leadership training program will utilise several experienced people to assess an organisation.
After The Assessment
Once the assessment is completed, the leadership company such as Adhere will take several steps prior to submitting a plan for development of the group or individual.