A concise project charter that addresses important cost, timing, and resources questions, while tying the major goals back to the organizational vision, will pay dividends for a successful project launch.
Organizations are often too focused on the cost and risk of changing their supply chain structures to truly vet new opportunities for cost and risk reductions. Using these five steps is a low-risk way to perform this type of evaluation.
Ensure your team has a clear understanding of the goals, the contributors and their responsibilities, and the scope of your next program by using these three tips to build a project charter.
Follow these three steps to improve your team’s project management techniques and the results of your next program.
To reduce waste and mitigate risk in your supply chain you’ll need reinvent it. We suggest focusing your team’s efforts on these four methods to improve supply chain efficiency.
Few companies leverage operational innovation as a tool because everything from enterprise structure to management strategies will require change, the fundamental enemy of beached whale organizations.
If procurement professionals can communicate their message for change effectively, create a sense of urgency, and motivate team members to collaborate, then they will successfully lead the implementation of change for their team, department, or entire organization.
We recently sat down with Stuart Hart, the leading authority on building sustainable strategies for companies, to get his take on ways supply chain can better align with product development to create more sustainable products.
Approximately 37% of all new product launches fail, making the understanding of why they fail imperative to reducing risk and improving organizational strategy.
Teach your team to develop suppliers by analyzing the total cost of ownership, identifying and maintaining supplier performance metrics, and developing strategic partnerships through transparent communication.
Actionable insights from IndustryStar on ways to expedite, optimize, and de-risk your supply chain operations.