March 15, 2021
Art Koch talks about the supply chain during Covid, and whats changed.
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Art Koch talks about the supply chain during Covid, and whats changed.
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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.
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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.”
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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 …
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First up, Art Koch talking with us about how his business got Covid but luckily his employees didn’t.
I’m not telling you that any of our team members or I got COVID. My argument here is that the business got COVID.
More and more, I’m discussing the current situation with my client’s leadership and witnessing the long-term effects of having their team members working remotely.
Before the pandemic, businesses were functioning relatively well. They had daily visual management meetings where opportunities received rapid responses from highly engaged associates, and issues could be swiftly escalated when necessary …
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When I was a kid, we were driving home from an out-of-town shopping trip one winter’s evening. I was sleeping on the back seat when suddenly I was thrown to the floor (no seat belt use back then) as the car hit black ice. The next thing I knew my Dad was steering our big Oldsmobile Delta 88 through the ditch and now driving full speed through a farmer’s snowy field. He didn’t slow down and kept the big Olds powering through the snow. We actually drove to the farmer’s yard and then got back on the highway. I learned a lot about momentum and keeping your foot on the gas in tough times from that experience.
This past year has seemed the same as hitting the ditch for many business owners and leaders. Some stopped in the ditch and wondered how to get out. Some stopped in the field and said, “Woe is me, I’m stuck in a field.” And some kept their foot on the gas, drove through the field, and got back on the highway. It’s your choice how you respond.
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Patrick Daly Interlinks Podcast
November 2020
In this episode we talk to Art Koch, consultant, author and speaker, and President of Arthur Koch Management Consulting based in Miami, Florida.
In his consultancy work Art helps his clients in Manufacturing, Distribution and Financial services to turn operational problems into profits through complexity reduction, inventory velocity, and effective measurement and dashboards to keep track of performance.
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Patrick Daly Interlinks Podcast
November 2020
Well, because the topic of globalization that we regularly discuss on this program is underpinned and made possible by the international supply chains that function day-in-day out to fulfill our material needs including our food, our clothing, our medicines and all the services that we depend on to make our life what it is – the smartphone in your pocket, the cholesterol tablets you take and the bottle of wine on your dinner table.
To do this I am joined by three colleagues of mine From the Society for the advancement of Consulting (SAC), all independent consultants and thought leaders in their own fields for this Supply Chain informal chat or “Tertulia” as I like to call it.
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If you are a CEO, CXO, senior leader, company owner, or supply chain manager of a company that provides products and/or services to customers, this eBook is for you. A global group of independent management consultants—with decades of experience working to develop competitive advantage, profit, and growth for their clients—have collaboratively created this just for you and your team. This eBook is one in a series and will focus on Supply Chain Management (SCM).
SCM is a vital strategic competency in any organization. It encompasses the processes and activities necessary to design, make, deliver, and support a product or service. Disruptive forces remind us how important it is to integrate supply chain strategy with business strategy and to have well thought-out crisis management, mitigation, and contingency plans in place for when the unexpected occurs.
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Welcome to this issue of “How to Strengthen and Grow your Business.” In these unique and challenging times, there are opportunities to strengthen, to grow, and to become more valuable to your existing customers and to new customers.
We are all innovators. We innovate when a customer says no to a sale, and we figure out how to improve. We innovate when we develop a new offering and promote it to our existing customers and to new prospects. The key is to take action, keep your feet moving, fail fast, figure things out, adjust, and persist.
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