April 26, 2021
Are you addicted to Inventory? I know what you are thinking; I once was addicted to inventory too…and it nearly cost me a great job!
Read articleCategories: Art Koch Profit Chain® Tips
Are you addicted to Inventory? I know what you are thinking; I once was addicted to inventory too…and it nearly cost me a great job!
Read article
Three of the biggest myths of inventory: 1) Inventory is an appreciating asset. 2) Minimal inventory designs deliver poor customer service. 3) Inventory velocity improvements are the responsibility of supply chain management. These and many other myths keep enterprises from achieving world-class inventory performance and hinder their ability for an improved total cost of ownership and customer satisfaction and transforming the supply chain into a highly competitive tool.
Read article
Most of my advisory work involves helping outline, reviewing or critiquing project plans, of one sort or another.
I routinely nudge or push the team to go faster, to be quicker, and to “Fail Fast…Learn Fast…Fix Fast…!
Too often people seek Perfection in what they do, and it is NOT attainable. This pursuit delays fixing critical processes that will increase customer loyalty, corporate culture and profits.
Read article
Blogging The Art of Change™ – March 2021
Wow, March has flown by and once again jam-packed. Still, lots of fun and energizing! My new e-book, Acceleration!, is now out on Amazon, co-authored with the master-mind group for Global Small and Medium Enterprises Advisors. Check out my contribution, The Art of Leadership (Page 59) and Winning At Rejection (Page 63), as well as the wisdom of my colleagues.
Read article
Art Koch’s Profit Chain® Series
Volume 4 | Number 3 | March 2021
Former US President Trump’s administration initiated Operation Warp Speed in March of 2020. The goal was to get multiple COVID-19 vaccines FDA approved within nine months. To put things in perspective, the typical time to bring a vaccine from development, clinical trials, production, and finally to administered doses is ten years! Not only was the goal achieved, but they were also able to ramp up vaccine production to 100 million doses at a rate of one million per day within 30 days of approval.
Read article
Unlock the Art of Change™ Series – March 2021
KPIs need to be helping you manage operations by starting on course. Are you getting:
Better? Worst? Staying the Same?
If your KPIs are not answering these three simple questions, then they are of no use.
Read article
Art Koch talks about the supply chain during Covid, and whats changed.
Listen to the podcast.
Read article
Resiliency has emerged as a cornerstone to emerging successfully from the pandemic and essential to post-COVID success.
As executives re-evaluate supply chain collaborations and partnerships, they will be thinking about supply chain strategy and partnerships. We have assembled expert manufacturing and supply chain thought leaders from around the globe to discuss and debate these topics.
Read the article and watch the video.
Read article
Four in Five Executives Now Rethinking Supply Chain Strategy
The COVID pandemic has illustrated just how extensive and overly complicated many supply chains became says Art Koch, President of Arthur Koch Management Consulting, LLC. “Depending on the survey, 76% to 84% of executives and board members are rethinking their manufacturing footprint and supply chain strategies to emphasize the importance of flexibility and responsiveness. They identified the necessity to compress lead-times by reshoring and insourcing operation-critical parts to regain control of their supply chains.”
Read article
Presented by LMA Consulting Group
21 insights for 2021 from Manufacturing, Supply chain & Technology Executives
The pandemic of 2020 was a seismic disruption to the worlds supply chains that sent a tidal wave through industrial and retail sectors. Depending on the survey, 76% to 84% of executives said they needed to rethink their manufacturing footprint and supply chain strategy. They have indicated plans to compress lead-times be reshoring and insourcing operational-critical parts to regain their supply base …
Read article