Lean Supply Chain

Questions your companies may be asking to do a health check of your global operations and supply chain:

  • How would you like to leverage the money in your supply chain for a 10x, 20x+ ROI?
  • How would you like to know how much money your supply chain is hiding?
  • How healthy is my supply chain?
  • How many of my late customer deliveries in the past year were caused by external supplier deliveriies?
  • How many of my customer quality defects were caused by my supply chain's lack of quality?
  • Would you like to have great suppliers that offer better pricing, better deliveries, and better service?
  • Do you know what to fix first in your supply chain?  People, Processes, Systems, or Suppliers?
  • Where does your supply chain rank in size or importance on your balance sheet? Income statement?
  • How much time, effort and money have you invested in your supply chain vs. internal operations and facilities?
  • How would you like to make money by purchasing globally without the logistical nightmare?

 

How do you build a Lean Supply Chain?

 

ICR staff has led 4 highly-successful Lean Supply chain transformations for Fortune 500 companies. ICR will use our proprietary ICRToolbox© to implement individual "bite-sized" tools or an entire customized PPST transformation project for your company.

People:

  • Conduct ICR core competency evaluations for key contributors and supply base team members to maximize team efficiency and effectiveness. Know exactly where and who to train, and when to pull in key resources.
  • Success example: Replaced or upgraded 75% of executives and brought in 4 new high potential management team members with advanced supply chain degrees. Inventory turns increased from 2.5 to 7.3, on time delivery from suppliers went from 30-40% to over 93-95%, while margins increased 17%

Processes:

  • Evaluate and redefine as necessary existing processes/procedures to ensure supply chain execution is methodical and sustainable.
  • Success example: ICR staff delivered 18 procedures for managing a modern outsourced Supply Chain, to jump start efficient supply chain operations.

  • Metrics/KPIs: Replace the “trivial many” with a few Tier 1,2,3 Metrics and create a Supply Chain Management Dashboard to track progress to goals.

    • Success example: 135 operational metrics were successfully transformed into 16 Tier 1, 2, 3 metrics with a graphical management dashboard

Systems/Technology:

  • Evaluate IT systems, reports and tools to provide the Supply Chain Organization with the tools and information needed to make superior decisions.
  • Success example: ICR staff delivered a Cost Model Tool and ICR Core Competency Tool to be integrated into a single process designed to improve decision making and efficiency.

Suppliers:

  • How to identify, select, rationalize, improve and integrate world-class suppliers into your supply chain.

  • Contracts: Use ICR's 3 phase contract negotiation approach to ensure future contracts adequately cover all the important issues and are negotiated to success quickly.

    • Success example: 8 different contract documents totaling 150+ pages with different term dates and conflicting conditions were transformed into a single 33 page document that was easy to understand and manage, rolled out with ICR® 3 step Contract approach.

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