by Janice Marquardt | May 14, 2024 | Definitions, Supply Chain Career
An experienced executive and mentor of mine once told me, “Every org chart fixes some problems and creates others.” I saw this happen firsthand when I was the leader of a 150-person team, with members from multiple businesses within a conglomerate company. The...
by Janice Marquardt | May 7, 2024 | Definitions, Processes
This morning as I checked my inbox, I had a survey waiting for me from World Commerce and Contracting. The survey sparked me because it asked a set of questions about the purposes of contracts, and I found my answers highly varied across the questions. I will note...
by Janice Marquardt | Mar 27, 2024 | Creative Solutions, Definitions, Processes, Supply Chain Career
A Visual Capitalist article on the impact of artificial intelligence on various job categories wandered across my news feed a couple weeks ago, and I’ve been pondering it ever since. Following the data trail, this data was a visualization of a white paper by the World...
by Janice Marquardt | Mar 19, 2024 | Benefits, Definitions, Processes, Supply Chain Career
“You can have it fast, you can have it good, you can have it cheap: pick two” is a very old phrase for any purchase, and is a central tenet of supply chain work. While in a previous supply chain leadership role, my company had a major shake-up in senior leadership. As...
by Janice Marquardt | Mar 12, 2024 | Definitions, Processes, Supply Chain Career
One of my clients had a communication problem. It wasn’t the usual “not enough” problem that so often comes up, it was an executive summary problem. The supply chain leader was doing beautiful, in-depth bid analyses with long spreadsheets and each supplier’s column in...
by Janice Marquardt | Mar 5, 2024 | Definitions, Processes
What is a perfect order? And why is it relevant? Of all supply chain metrics, the pinnacle metric is the perfect order. It serves as a comprehensive measure, encompassing critical components that lay the groundwork for supply chain efficiency. A perfect order is an...
