Our Quick Notes On Supply Chain Cost Reduction

Front Cover
Global Supply Chain Group, Nov 18, 2020 - Business & Economics - 22 pages

Part of our new "Quick Notes" series - this report answers your most pertinent questions of the topic.

Do not be deceived by their short nature - these notes are only 22 pages or so. But these are 22 pages of potent dynamite that will supercharge your thinking in the right direction.

Included are quick notes and some of the frequently asked questions (FAQs) on supply chain cost reduction that we have encountered in our workshops, seminars, and other forums.

Here are some of the topics and questions covered in these quick notes:

What does everyone in the company immediately think about supply chain whenever cost reduction is mentioned?

 

Can supply chain only be used for cost reduction then?

 

What is the biggest cost reduction you have seen on a supply chain restructuring project?

 

What are some common ways of reducing supply chain costs?

 

If I have to reduce supply chain cost in my company where is the first place I should look?

 

What is the biggest mistake people make in supply chain cost reduction projects?

 

Who should be in charge of the supply chain cost reduction projects?

 

Why are supply chain cost reduction results so unsustainable that within a few months the costs creep back to the same or even more than the original costs?

 

How can I judge the supply chain cost reduction potential in my company?

 

What is the best way to run a supply chain cost reduction program?

 

What kind of help is available externally for supply chain cost reduction program, and what value does it bring?

 

 

Contents

Why we are qualified to write these quick notes on supply chain cost
3
What are some common ways of reducing supply chain costs?
9
What is the biggest mistake people make in supply chain cost reduction
15
What is the best way to run a supply chain cost reduction program?
21

Common terms and phrases

About the author (2020)

About Vivek Sood

Today, Vivek and his partners are among 20-30 people on the planet earth who have this deep understanding of supply chain systems, practices and tools. CEOs, COOs, executives and Boards call them in most challenging situations once they know the full potential of supply chain based transformations. Following are key milestones in Vivek's journey:


Started in 1983 as a merchant navy cadet at 18 years age, worked his way to qualify as a Captain - qualified to take command of any merchant ship, worldwide.

Earned a top tier MBA from UNSW at the top of his class.

Joined highly regarded strategy consulting firm Booz Allen & Hamilton, consulting to the CEOs, Boards and senior management of global corporations within Australia.

To learn and specialise in supply chain - against all odds, sought out the co-inventor of supply chain in Germany and convinced him to be a partner in his firm, GLOBAL SUPPLY CHAIN GROUP, launched in January 2000.

More than 500 successful blue chip projects with high impact business transformations in large corporations using the full power of SUPPLY CHAIN MANAGEMENT.

4 Seminal and path breaking business books IN SUPPLY CHAIN MANAGEMENT - these are available in bookstores and universities and libraries worldwide.

Bibliographic information