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...
by Janice Marquardt | Feb 27, 2024 | Definitions, Processes
Unveiling the Dynamics of the Supply Chain Cycle: Enhancing Delivery Assurance and Performance Assessment In the intricate dance of the supply chain cycle, the pivotal roles of delivery assurance and performance assessment come into focus. While often discussed as the...
by Janice Marquardt | Feb 20, 2024 | Definitions, Processes
The “order generation” and “order fulfillment” links in the supply chain are where most companies are strongest in the supply chain cycle. This is where the supply chain team cuts purchase orders, commits to purchases with suppliers, and coordinates inbound logistics....
