Supply Chain 4.0 in consumer goods

Supply Chain 4.0 in consumer goods

Non-arguably, supply chain has undergone a tremendous change over the last 3 decades or so. Its focus has shifted from a purely operational logistics function to a wholly independent supply-chain management function. Moreover, digitization creates a disruption nowadays and requires companies to rethink the way they design their supply chain. To cope with changed requirements, and enable…

Keeping transformations on target

Keeping transformations on target

McKinsey & Company reports on an analysis of high-stakes transformations which reveals a few pragmatic lessons that increase the odds of meeting the organization’s objectives. As a fact, keeping hundreds or thousands of initiatives on track is a monumental task, one that too few organizations around the world do well. And given the statistics that…

Intelligent process automation: The engine at the core of the next-generation operating model

Intelligent process automation: The engine at the core of the next-generation operating model

McKinsey & Company reconsiders intelligent process automation in this must-read article. Outlining the five key technologies of full intelligent process automation, they share with us how to properly use them to enhance productivity and efficiency, reduce operational risks, and improve customer experiences. This is especially important in the digital age, as organizations are heeded to constantly and…

The next-generation operating model for the digital world

The next-generation operating model for the digital world

McKinsey & Company means that in order for companies to be more agile & effective, quicker to react, deliver great customer experiences, take advantage of new technologies to cut costs, improve quality and transparency, and build value – they need to commit to a next-generation operating model. This operating model is a new way of running the organization…

The Dark Side of Transparency

The Dark Side of Transparency

Mckinsey & Company explores the pros – and now- the previously overlooked cons of organizational transparency within the business world. When thinking of buyers and sellers rating each other on eBay, Airbnb, and Uber – transparency (sharing information freely) in the business world is generally considered a good thing insofar as accelerating information gathering and helping along…