Structural Framework:
So far, we have built the People and Process Foundation. The next step is the structural framework, which is similar to the house's frame that holds the structure together. Once there is a firm foundation and framework, we can work at an advanced capacity in the application of business processes and practices to step functionally improve the business. Within this framework is where the refinements and the details emerge in real-world applications.
Within the Structural Framework, there are five methodologies:
Team Skills and Core Competencies will help you determine the required skills and competencies needed in the supply chain organization to become the industry leaders in their profession.
The Supply Chain Framework Builder™ Assessment identifies gaps within qualitative and quantitative supply chain practices that keep the organization from becoming world-class.
The Inventory DoctorSM (Inventory Velocity) enlightens the negative impact of inventory on profits, customer service, and problem resolution; then transitions into The Inventory Doctor™ on how to diagnose and improve inventory performance.
Art's Law #3 of 1% = 50%, we examine how 1% of purchases or demand can account for 50% of complexity and offer simple solutions to correct this challenge.
Supplier Partnerships illustrates the importance of transforming your relationships from vendors to supplier partners and how accomplishing this accelerates the organizational competitive advantage.
Financial Focal Point:
The final piece in the model is the Financial Focal Point, just below the roof peak. This part consists of the convergence of the processes and methodologies that catapult the organization ahead of the competition. In doing so, we accomplish completing the closed-loop model of sustainability, getting leadership to excel by building inclusive teams, and the ongoing leadership advisory to break away from industry peers, turning your supply chain into a competitive advantage.
Within the Financial Focal Point, there are three methodologies:
Entropy Busters® Phase III for increasing sustainability of processes.
Finding Genius and The Castaways, how to discover hidden stars in the organization.
Leadership Advisory is how to select and work with experts that help leaders achieve personal and professional growth and life balance.
Art Koch's Profit Chain®
Create dramatic improvements to inventory velocity, customer service, and corporate profits.
With the disruption from the COVID pandemic, it's even more critical to understand and apply the methodologies from Art Koch's Profit Chain® Model to your; resourcing, insourcing, nearshoring, and reshoring strategy.
If you have any questions or concerns about your operations and supply chain business strategy, please contact me by e-mail or at +1 (336) 260-9441.
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Art Koch's Profit Chain® and Entropy Busters® are the registered trademarks of Arthur Koch Management Consulting, LLC.
Turning Operational Problems into Profits™, Inventory is Evil™, and The Inventory Doctor™ are pending trademarks of Arthur Koch Management Consulting, LLC.
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