Inventory Myths – From Unlock the Art of Change™ Series – April 2021

April 22, 2021

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

To Catch Excellence! Lessons we can learn from the COVID-19 Crisis

April 8, 2021

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

Transforming Problem Chains into Profit Chains™

March 31, 2021

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

Positioning Supply Chains for the Raging 2020s

March 27, 2021

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

KPIs

March 17, 2021

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

Creating Resiliency in 2021 Europe/North America Perspectives

March 11, 2021

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
Categories: In The News

Strategic Supply Chain Comes of Age Post-Pandemic

March 1, 2021

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
Categories: In The News

Emerging Above and Beyond

March 1, 2021

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
Categories: In The News

Blogging The Art of Change™ – February 2021

February 28, 2021

February has been a terrific month, once again jam-packed, however, lots of fun and energizing!

February has been a terrific month, once again jam-packed, however, lots of fun and energizing!

A past client re-engaged with me. We implemented ToolsGroup SO99+ last year, right before COVID hit the US. They went through customers canceling and pushing out orders and now are experiencing the full bullwhip effect of the pent-up demand within the supply chain.

I’ve also helped another client reposition their supply base and implement best practices for future supplier partnerships. Something they wished had started years ago.

Read article