Supply Chain Strategy

What is supply chain strategy and how can organizations frame their decisions? In this video tutorial Dr. Simon Croom, Professor of Supply Chain explains how markets need to be segmented from a supply chain management perspective, how identifying priorities is needed to drive strategies and the connection between those strategic priorities and the operational tasks in managing the sourcing, production and fulfillment to each target market segments.

Supply Chain Strategy Research

• A.G. Lafley (Former P&G CEO) Defines Effective Business Strategy
• Dell Push-Pull Supply Chain Strategy.  Nine minute video.
• Integrated Planning – Optimization for the entire internal supply chain.
• JIT Toyota: The Smartest Production System in The World.
• Network Supply Planning and the 80/20 Rule.
• Porter’s Five Forces – Business Strategy and Execution.
• Process Improvement Quotes and Blogs
• Production Planning Whiteboard Animation.
• Strategic Supply Planning.  Nine minute video.
• Supply Chain Network Optimization.

Strategy Quotes

The quotes below can be used for both business and supply chain strategy.

• “The essence of strategy is choosing what not to do.” ~ Michael Porter
• “What we need to do is always lean into the future; when the world changes around you and when it changes against you – what used to be a tail wind is now a head wind – you have to lean into that and figure out what to do because complaining isn’t a strategy.” ~ Jeff Bezos, co-founder and CEO of Amazon
• “An organization’s ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage” ~ Jack Welch, former CEO GE
• “Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat.” ~ Sun Tzu
• “In real life, strategy is actually very straightforward. You pick a general direction and implement like hell.” ~ Jack Welch
• “The biggest risk is not taking any risk… In a world that changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” ~ Mark Zuckerberg, co-founder and CEO Facebook
• “If you can’t describe your strategy in twenty minutes, simply and in plain language, you haven’t got a plan. ‘But,’ people may say, ‘I’ve got a complex strategy. It can’t be reduced to a page.’ That’s nonsense. That’s not a complex strategy. It’s a complex thought about the strategy.”  ~ Larry Bossidy, former CEO Allied Signal
• “However beautiful the strategy, you should occasionally look at the results.” ~ Winston Churchill