This document provides an introduction and background on Prof.dr. Bram Desmet, an expert in supply chain strategy and financial metrics. It discusses the need to balance multiple dimensions like costs, service levels and cash when setting targets, using a company's "max bang-for-the-buck line" as a reference. Different business strategies will define different target positions on this line to optimize return on capital employed. Overall it emphasizes that supply chain and finance objectives should be aligned in maximizing shareholder value.
Sc mba in 3 days - ICT & Logistiek Utrecht - supply chain triangle 20171129Bram Desmet
presentation on the supply chain triangle as given at the ICT & logistiek fair in Utrecht on 29/11/2017, discusses the need to balance service cost and cash, the need for benchmarking in multiple dimensions, and how strategy affects key financial and supply chain KPIs
Supply chain management as THE source of value within and accross companies 2...Bram Desmet
Key note presentation from Windesheim - BLMC conference 19/06/2017 in Zwolle on "implementing supply chain management". Using the Supply Chain Triangle to explain what is supply chain management, how supply chain and finance is about optimizing the return on capital employed. Discussing how S&OP is THE key supply chain process to create alignment in the triangle
Supply chain strategy and financial metrics 20180118Bram Desmet
Presentation on my book supply chain strategy and financial metrics, the supply chain triangle of service, cost and cash for master in management at antwerp management school. Makes connection between strategy, finance and supply chain
Supply chain strategy and financial metrics 20180314Bram Desmet
presentation for the productie werkgroep process industrie PGWP, what is supply chain management, the link with strategy, the link with finance, the link between supply chain strategy and finance
The impact of business strategy on forecasting and forecast performance 20170319Bram Desmet
Bram is working on a book called 'Supply Chain Strategy and Financial Metrics'. With the 'Supply Chain Triangle' he captures the supply chain struggle of many companies in balancing service, cost and cash. Improved forecasting is a cornerstone in improving that balance. He shows how different business strategies (e.g. cost, versus product leadership), lead to different trade-offs in the triangle, and to different forecasting challenges. Using cases from high-tech and retail he illustrates how different strategies come with different levels of complexity. When benchmarking forecast accuracy (and supply chain KPIs in general), accounting for that strategy is crucial, not to compare apples to pears.
Service pricing strategies for maintenance servicesShaun West
EUROMA 2016 conferance paper:
The objective of this paper is to identify and describe the maintenance service pricing models used by firms servicing industrial equipment. Today, price pressure in this market has been seen to be increasing with changes in customer buying behaviors. This pricing pressure confirms the need to focus on customer value when pricing (Anderson et al., 2006). Value pricing has been seen to be selectively successful in the B2B environment. Through analysis of different buying behaviors in different industrial segments this paper highlights difficulties and provides guidance on how to overcome them.
Sc mba in 3 days - ICT & Logistiek Utrecht - supply chain triangle 20171129Bram Desmet
presentation on the supply chain triangle as given at the ICT & logistiek fair in Utrecht on 29/11/2017, discusses the need to balance service cost and cash, the need for benchmarking in multiple dimensions, and how strategy affects key financial and supply chain KPIs
Supply chain management as THE source of value within and accross companies 2...Bram Desmet
Key note presentation from Windesheim - BLMC conference 19/06/2017 in Zwolle on "implementing supply chain management". Using the Supply Chain Triangle to explain what is supply chain management, how supply chain and finance is about optimizing the return on capital employed. Discussing how S&OP is THE key supply chain process to create alignment in the triangle
Supply chain strategy and financial metrics 20180118Bram Desmet
Presentation on my book supply chain strategy and financial metrics, the supply chain triangle of service, cost and cash for master in management at antwerp management school. Makes connection between strategy, finance and supply chain
Supply chain strategy and financial metrics 20180314Bram Desmet
presentation for the productie werkgroep process industrie PGWP, what is supply chain management, the link with strategy, the link with finance, the link between supply chain strategy and finance
The impact of business strategy on forecasting and forecast performance 20170319Bram Desmet
Bram is working on a book called 'Supply Chain Strategy and Financial Metrics'. With the 'Supply Chain Triangle' he captures the supply chain struggle of many companies in balancing service, cost and cash. Improved forecasting is a cornerstone in improving that balance. He shows how different business strategies (e.g. cost, versus product leadership), lead to different trade-offs in the triangle, and to different forecasting challenges. Using cases from high-tech and retail he illustrates how different strategies come with different levels of complexity. When benchmarking forecast accuracy (and supply chain KPIs in general), accounting for that strategy is crucial, not to compare apples to pears.
Service pricing strategies for maintenance servicesShaun West
EUROMA 2016 conferance paper:
The objective of this paper is to identify and describe the maintenance service pricing models used by firms servicing industrial equipment. Today, price pressure in this market has been seen to be increasing with changes in customer buying behaviors. This pricing pressure confirms the need to focus on customer value when pricing (Anderson et al., 2006). Value pricing has been seen to be selectively successful in the B2B environment. Through analysis of different buying behaviors in different industrial segments this paper highlights difficulties and provides guidance on how to overcome them.
Value Chain Analysis Process Steps and Approaches PowerPoint Presentation Sli...SlideTeam
Follow Value Chain Analysis Process Steps And Approaches to generate the superior value for your customers. Every now and then, a firm has to conduct a value chain analysis to find primary and support activities which add value to their products. Use value chain analysis process steps and approaches PPT presentation to find ways to reduce costs or increase differentiation. This ready-to-use value chain analysis PPT example includes topics such as value chain analysis framework, primary activities, support activities, competitive advantage type, cost and differentiation advantage, 3 step value chain analysis process, and more. Incorporate Porter’s value chain framework to explain how business receives raw materials and adds value to them through various processes to bring out the best final product for the consumers. Make this extensive process simple and easy with value chain analysis process steps and procedures. Download content-ready value chain analysis process steps and approaches presentation to maximize the value for the customers. Create a firm employee base with our Value Chain Analysis Process Steps And Approaches PowerPoint Presentation Slides. Make them feel like a big family.
Solving business problems using mekko graphics: This presentation shows you how to improve customer loyalty by identifying reasons for churn and ways to reduce them
Download our content ready supply chain management PowerPoint presentation to showcase the flow of goods and services to the management and client. This predesigned supply chain analysis PPT presentation comprises 77 slides. The Supply Chain Management presentation covers slide on various relevant subjects such as supply chain management process, SCM decision phases, strategic sourcing process, logistics, and it, planning and forecasting, inventory management, inventory management models, performance measures, and common problems with supply chain management. A team of the researcher has researched the content of the presentation, and top professional graphics designers have converted it into a stunning presentation. Use this SCM PowerPoint PPT to represent the process of design, planning, implementation, control, and monitoring of supply-chain tasks with the goal of preparing net value and constructing a competitive framework. Our presentation designers have used an appealing graphics of table, pie charts, bar graphs, circles, and icons to make this presentation professional and attention-grabbing. Grab this complete presentation on supply chain management and improve the relationship with customers. Throw a line with our Supply Chain Management Powerpoint Presentation Slides. Reel them in slowly to your point of view. https://bit.ly/3j9ezBG
Competing on pricing analytics by Privaledge - pricing strategies solutionsprivaledge
Goals for this presentation about pricing analytics
1. To leave you with an understanding or a deeper understanding of the Importance of Pricing & its potential bottom line impact
2. To Show how Pricing & Value analytics could help you measure, manage & improve your pricing effectiveness
3. To show you also some of the limits of analytics & give you a few simple recipes to get more out of them
For more information : http://privaledge.net
Agility is critical to overcome the challenges of a traditional S&OP process. Learn more from our recommendations to manage, anticipate and synchronize supply and demands
Value Chain Analysis PowerPoint Presentation Slides SlideTeam
Introducing content-ready presentation for business professionals on value chain analysis PowerPoint presentation slides. These ready-made demand chain PPT illustrations help you to add value to your products and services. The more value you create, the more people will be attracted to buy products from you at a good price. Our predesigned porter’s value chain model presentation templates cover all the necessary slides such as expense chain analysis framework, marketing & sales, services, technology development, cost advantage, differentiator advantage, financial comparison, etc. Our supply chain management PPT template builds a competitive advantage by delivering maximum value for the least possible total cost. This expense chain analysis PowerPoint show can be put to use in other templates as well such as strategic management, inventory management, demand forecasting, marketing strategy, GVC, value chain management capability, product lifecycle, inbound logistics, strategic planning, human resources development, business value proposition, brand cost chain and supply chain management. Download our value chain analysis PowerPoint presentation templates!. Attract bigger crowds with our Value Chain Analysis PowerPoint Presentation Slides. More folks will frequent your events.
Coordination in Supply Chain ManagementKunal Chauhan
Presentation contains basics of coordination in supply chain management, Bullwhip effect, effect of lack of coordination on performance, role of manager, obstacles to coordination in supply chain.
SCELP Nyenrode - Strategic target setting using the supply chain triangleBram Desmet
Presentation for SCELP, the Supply Chain Executive Leadership Platform at Nyenrode Business University. Using the Supply Chain Triangle to define which metrics we need to balance, how to link them to the business strategy, using the triangle to show the SCOR model is missing the dimensions of product complexity and product portfolio complexity. Proposing a new holisitic KPI framework that shows strategic trade-offs and their impact on the supply chain.
Cxo Advisor customer value proposition 2013 updateExo Futures
We drive business innovation through IT transformation
Three Strategic Questions :
Is your business suffering from legacy induced inertia?
Is your business keeping up with and responding to market changes?
Are you disruptive in the market?
Our Core Capabilities Include :
Advise -
Accelerated advisory and governance oversight backed by Ovum in Africa
Apply the 3RM budget process for business clarification (What to tell the board about your IT budget)
Free up "legacy" budget for business innovation
Transform your business model for business innovation with Saas-it.net
Innovate -
Agile business change and innovation is possible with the Outsystems Agile Platform
Apply Agile Business Innovation methods to empower business, accelerate change
Incorporate Software as a Service (SaaS) solutions into your innovation agenda
Change -
Apply Agile Governance and delivery assurance
Discover opportunities to free up legacy, create a blueprint for IT transformation
Use Business Process as a Service (BPaaS) alternatives to accelerate change
Value Chain Analysis Process Steps and Approaches PowerPoint Presentation Sli...SlideTeam
Follow Value Chain Analysis Process Steps And Approaches to generate the superior value for your customers. Every now and then, a firm has to conduct a value chain analysis to find primary and support activities which add value to their products. Use value chain analysis process steps and approaches PPT presentation to find ways to reduce costs or increase differentiation. This ready-to-use value chain analysis PPT example includes topics such as value chain analysis framework, primary activities, support activities, competitive advantage type, cost and differentiation advantage, 3 step value chain analysis process, and more. Incorporate Porter’s value chain framework to explain how business receives raw materials and adds value to them through various processes to bring out the best final product for the consumers. Make this extensive process simple and easy with value chain analysis process steps and procedures. Download content-ready value chain analysis process steps and approaches presentation to maximize the value for the customers. Create a firm employee base with our Value Chain Analysis Process Steps And Approaches PowerPoint Presentation Slides. Make them feel like a big family.
Solving business problems using mekko graphics: This presentation shows you how to improve customer loyalty by identifying reasons for churn and ways to reduce them
Download our content ready supply chain management PowerPoint presentation to showcase the flow of goods and services to the management and client. This predesigned supply chain analysis PPT presentation comprises 77 slides. The Supply Chain Management presentation covers slide on various relevant subjects such as supply chain management process, SCM decision phases, strategic sourcing process, logistics, and it, planning and forecasting, inventory management, inventory management models, performance measures, and common problems with supply chain management. A team of the researcher has researched the content of the presentation, and top professional graphics designers have converted it into a stunning presentation. Use this SCM PowerPoint PPT to represent the process of design, planning, implementation, control, and monitoring of supply-chain tasks with the goal of preparing net value and constructing a competitive framework. Our presentation designers have used an appealing graphics of table, pie charts, bar graphs, circles, and icons to make this presentation professional and attention-grabbing. Grab this complete presentation on supply chain management and improve the relationship with customers. Throw a line with our Supply Chain Management Powerpoint Presentation Slides. Reel them in slowly to your point of view. https://bit.ly/3j9ezBG
Competing on pricing analytics by Privaledge - pricing strategies solutionsprivaledge
Goals for this presentation about pricing analytics
1. To leave you with an understanding or a deeper understanding of the Importance of Pricing & its potential bottom line impact
2. To Show how Pricing & Value analytics could help you measure, manage & improve your pricing effectiveness
3. To show you also some of the limits of analytics & give you a few simple recipes to get more out of them
For more information : http://privaledge.net
Agility is critical to overcome the challenges of a traditional S&OP process. Learn more from our recommendations to manage, anticipate and synchronize supply and demands
Value Chain Analysis PowerPoint Presentation Slides SlideTeam
Introducing content-ready presentation for business professionals on value chain analysis PowerPoint presentation slides. These ready-made demand chain PPT illustrations help you to add value to your products and services. The more value you create, the more people will be attracted to buy products from you at a good price. Our predesigned porter’s value chain model presentation templates cover all the necessary slides such as expense chain analysis framework, marketing & sales, services, technology development, cost advantage, differentiator advantage, financial comparison, etc. Our supply chain management PPT template builds a competitive advantage by delivering maximum value for the least possible total cost. This expense chain analysis PowerPoint show can be put to use in other templates as well such as strategic management, inventory management, demand forecasting, marketing strategy, GVC, value chain management capability, product lifecycle, inbound logistics, strategic planning, human resources development, business value proposition, brand cost chain and supply chain management. Download our value chain analysis PowerPoint presentation templates!. Attract bigger crowds with our Value Chain Analysis PowerPoint Presentation Slides. More folks will frequent your events.
Coordination in Supply Chain ManagementKunal Chauhan
Presentation contains basics of coordination in supply chain management, Bullwhip effect, effect of lack of coordination on performance, role of manager, obstacles to coordination in supply chain.
SCELP Nyenrode - Strategic target setting using the supply chain triangleBram Desmet
Presentation for SCELP, the Supply Chain Executive Leadership Platform at Nyenrode Business University. Using the Supply Chain Triangle to define which metrics we need to balance, how to link them to the business strategy, using the triangle to show the SCOR model is missing the dimensions of product complexity and product portfolio complexity. Proposing a new holisitic KPI framework that shows strategic trade-offs and their impact on the supply chain.
Cxo Advisor customer value proposition 2013 updateExo Futures
We drive business innovation through IT transformation
Three Strategic Questions :
Is your business suffering from legacy induced inertia?
Is your business keeping up with and responding to market changes?
Are you disruptive in the market?
Our Core Capabilities Include :
Advise -
Accelerated advisory and governance oversight backed by Ovum in Africa
Apply the 3RM budget process for business clarification (What to tell the board about your IT budget)
Free up "legacy" budget for business innovation
Transform your business model for business innovation with Saas-it.net
Innovate -
Agile business change and innovation is possible with the Outsystems Agile Platform
Apply Agile Business Innovation methods to empower business, accelerate change
Incorporate Software as a Service (SaaS) solutions into your innovation agenda
Change -
Apply Agile Governance and delivery assurance
Discover opportunities to free up legacy, create a blueprint for IT transformation
Use Business Process as a Service (BPaaS) alternatives to accelerate change
Describes what a target operating mode is, and the process to distill a target operating model from a business vision or set of business strategic aims
CPQ - Configure, Price and Quoting ExcellenceBearingPoint
Realizing all potentials of the CPQ Excellence will lead to
reduced process complexity with direct impact on time,
cost and risk. Main key performance indicators will be
both higher win rates of your offers, as well as lower
quotation throughput times. CPQ Excellence takes
advantage of potentials in a systematic configuration,
pricing, and quotation process in a complex
business environment.
La Dove Associates -- CRM/Customer Care Consulting Overview LaDove Associates
The deck represents a sample of work product from a selection of projects. Of course the real value of our consulting services are the decisions we help to inform.
Having a pricing framework is invaluable for breaking up complex B2B pricing challenges into components that can be prioritized and addressed as discrete projects. In this presentation we review some of the elements that form part of the framework and some of their features, such as price waterfalls, pricing decision processes, etc.
Driving Higher Growth and Profit, the Trilogy: Solution Selling, Pricing Exce...Apttus
Given the pace of business, its imperative that Sales Ops enables the sales organization with high-quality proposals and quotes that can be turned around quickly and efficiently. Attend this session to learn best practices in pricing and contracts that are mutually beneficial for your company and your customers.
Finding Savings Solutions
in a treacherous economy
Profits don’t just happen. Organizations today are realizing they have to delve into every aspect of their operation to discover potential savings and uncover new paths to growth. Hiding in your service operation are some of the largest opportunities for improvements in productivity, performance and bottom line profits. If you’re a profit hunter, attend our free webinar and learn how to spot the service management savings within your reach.
Strategic Target Setting in the Supply Chain TriangleSolventure
Presentation on Strategic Target Setting by Prof.dr. Bram Desmet at Supply Chain Innovations 2016. If you are interested to discuss the slides, feel free to contact us.
Supply chain innovations 2016 - strategic target setting in the supply chain...Bram Desmet
Presentation for the Supply Chain Innovations conference of Value Chain in 2016. Talking about how to use the supply chain triangle to define which sets of metrics to benchmark, and how strategy influences the target setting.
Rapid Optimization Application Development Using Excel and SolverMichael Mina
Marketing optimization is the process of determining how to allocate marketing dollars in order to achieve specific goals (e.g., maximize profit), subject to certain constraints (e.g., a fixed marketing budget). This often takes the form of using mathematical techniques to determine who to target, through which channel, and with what message or offer.
A number of optimization applications are commercially available. However, many of them require changes to data and computational infrastructure that are labor-intensive and cost-prohibitive. This presentation will demonstrate how optimization applications can be developed easily and quickly using Excel combined with Excel Solver, even for large marketing campaigns.
This presentation will discuss how segmentation can be used to reduce the complexity of large optimization problems, and how to quickly develop a simple but effective optimization application using Excel combined with Excel Solver.
This presentation will be of interest to those seeking to optimize marketing campaigns of any size while managing operational and computational complexity.
An electronic copy of the Excel worksheet used for optimization is this presentation is available at tinyurl.com/mina2018artforum.
Would you like to know what is design human's behavior? What kind of methods do we use to build buziness-model for manage customer experience? What do get from cooperation with us? It's all about in our presentation.
Today's world, Big Data seems to be buzz word and enabling BI seems to be the dream come true. In traditional world, all BI systems have run on RDBMS and embraced Star Model to enable DWH queries. Imagine, enabling the same for data lying in Hadoop clusters along with RDBMS and bringing down the barrier for business to be able to play with this data. The slides essentially covers around this theme.
Similar to Supply chain strategy and financial metrics 20171213 (20)
Interview with FD Magazine with Carl Peeters CFO and Johan Heyman VP Global Operations of Barco, on how Barco is using the supply chain triangle to better manage inventories and drive more value via improved supply chain management
How to define a supply chain strategy 20170319Bram Desmet
Presentation from Value Chain Supply Chain Innovations 2017. Explaining the link between strategy, supply chain and financial KPIs. With cases from Food Retail and High-Tech. Material for a book on 'Supply chain Strategy and financial metrics', based on the supply chain triangle.
IN DUTCH - Using our holistic metrics framework to map your supply chain stra...Bram Desmet
Article from Value Chain Magazine. In a series of articles inspired by the book Supply Chain Metrics that Matter from Lora Cecere. In this eight and last article, we use our holistic metrics framework, built around the supply chain triangle, to develop a business case for a supply chain improvement project. We also illustrate how different strategies impact the trade-off between the metrics and how different strategies lead to different priorities in the metrics framework.
IN DUTCH - A holistic metrics framework for your supply chain strategyBram Desmet
Article from Value Chain Magazine. In a series of articles inspired by the book Supply Chain Metrics that Matter from Lora Cecere. In this seventh article, we provide an answer on how to ‘plug the holes’ in the SCOR metrics framework by looking at what is driving value from customers and is needed to separate Operational Excellence players from Customer Intimacy or Product Leadership players. We illustrate the metrics framework in showing how it can be used to build a business case for the implementation of an SiOP solution in a manufacturing company.
ISC europe 2016 - how much inventory do you really need? Inventory Target Set...Bram Desmet
Presentation given at the Integrated Supply Chain Conference in Brussels in januari 2016. Using the Supply Chain Triangle to define which metrics we need to balance, how to link them to the business strategy. Analysis in detail of gross profit, R&D costs, SG&A costs to differentiate between product leaders, customer intimacy players and operational excellence players.
English - 5 - Strategic benchmarking in the supply chain triangle.Bram Desmet
This article is the fifth and last in a series of articles inspired by the book ‘Supply
Chain Metrics That Matter’. In her latest book Lora Cecere introduces ‘which are
the metrics that matter’, ‘how to ensure strength, balance and resilience’, what
are the ‘evolutions in different sectors’, …
In this fifth article, we investigate who are the product leader, the customer
intimacy players and the operational excellence leaders, in our technology
benchmark. We derive targets for Gross Profit, EBIT and Inventory Turns, and
show how they differ by chosen strategy. We hope you enjoy the reading.
English - 3 - Financial benchmarking for inventory turns and working capital.Bram Desmet
This article fits in a series of articles inspired by the book ‘Supply Chain Metrics
That Matter’. In her latest book Lora Cecere introduces ‘which are the metrics that
matter’, ‘how to ensure strength, balance and resilience’, what are the ‘evolutions
in different sectors’, …
In this third article, Bram tries to explore alternatives for measuring the cash side
and the service-cost side of the supply chain triangle. He compares inventory
turns and CCC for the cash side. He compares EBIT and EBITDA for the service-cost
side. We also derive the best practice curve amongst 3 benchmark companies and
derive resulting targets for a combination of EBIT-inventory or EBIT-CCC. We hope
you enjoy the reading.
English - 1 - Balancing cash cost and service. The supply chain triangle.Bram Desmet
This article fits in a series of articles inspired by the book ‘Supply Chain Metrics
That Matter’. In her latest book Lora Cecere introduces ‘which are the metrics that
matter’, ‘how to ensure strength, balance and resilience’, what are the ‘evolutions
in different sectors’, …
In this first article, Bram tries to find the balance via the Supply Chain Triangle of
Service, Cost and Cash. Next articles will define ‘how to set balanced targets’ and
‘how to make choices in function of a chosen business strategy’. We hope you
enjoy the reading.
5 Questions for Lora Cecere on the Metrics That Matter - Supply Chain Innovat...Bram Desmet
Interactive keynote discussion with Lora Cecere on the metrics that matter at Supply Chain Innovation 2016 from Value chain. Presentation is built around 5 questions which the audience had to vote agree yes/no. Includes a word cloud on what to do to improve balance in the supply chain.
IN DUTCH - Driehoeksdillema voorraden duurzaam verminderen. dillema in the ...Bram Desmet
Driehoeksdillema - voorraden duurzaam verminderen. Dillema in the Supply Chain Triangle - sustainable reduction of inventories. Magazine voor Financieel Directeurs. Magazine for Financial Directors. Testimonial by Carl Peeter, CFO Barco, and Johan Heyman, VP Global Operations Barco; #supplychain #triangle #workingcapital #inventory
IN DUTCH - strategic benchmarking in the supply chain triangle 201601Bram Desmet
Article from Value Chain Magazine. In a series of articles inspired by the book Supply Chain Metrics that Matter from Lora Cecere. In this fifth and last article, we derive a strategic benchmark for our example technology companies. What is the target gross profit / EBIT / Inventory turns, for a product leader / customer intimacy leader / operational excellence leader. How does the strategy come into play when setting balanced targets for an integrated set of metrics?
Dutch - Linking the supply chain triangle to strategy.Bram Desmet
Article from Value Chain Magazine. In a series of articles inspired by the book Supply Chain Metrics that Matter from Lora Cecere. In this fourth article, we link the supply chain triangle to the strategy model of Treacy & Wiersema. We show the strategy defines the trade-off between EBIT and inventory turns. In a fifth article, we extend that into a benchmark of multiple companies.
My vision for supply chain 2020. Deep integration!Bram Desmet
Blog for the #ImagineSC Global Summit of @SCInsightsLLC. Transcript of a podcast with Lora Cecere. Building on my experience with multi-echelon inventory optimization in manufacturing and retail organizations
Lora cecere - all the metrics must be in balance - supply chain movement - ap...Bram Desmet
The Supply Chain is a complex system where metrics must be managed holistically, as a portfolio, instead of in isolation. @SCMexecutive on #supplychain #metricsthatmatter of @lcecere
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptxmy Pandit
Explore the world of the Taurus zodiac sign. Learn about their stability, determination, and appreciation for beauty. Discover how Taureans' grounded nature and hardworking mindset define their unique personality.
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
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Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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8. Company 2: strong in
inventory turns but out
of balance
Company 3: better
balanced but did not
recover to pre-crisis levels
Company 1: better
balanced & good
rebound after crisis
8
19. 3 Questions
OK … we’ll benchmark in 2 dimensions but …
1. Which metrics to balance?
• service, cost, cash
• in 2 dimensions, this leads to
• Y-axis: margin metrics like EBIT
• X-axis: cash metrics like inventory turns
2. How to set targets?
3. How to account for strategy?
19
20. (Max) Bang-for-the-buck line (for company 2)
(combinations of EBIT% and inventory turns
leading to the same bang-for-the-buck)
21. (Max) Bang-for-the-buck line (for company 2)
(combinations of EBIT% and inventory turns
leading to the same bang-for-the-buck)
(Median) Bang-for-the-buck line (for company 2)
(Min) Bang-for-the-buck line (for company 2)
22. Notice the dropback in performance for Company 2 in 2014
How to set targets for 2015?
23. Take the max line as the reference for setting targets.
Which one of the two options would you choose?
23
24. 3 Questions
OK … we’ll benchmark in 2 dimensions but …
1. Which metrics to balance?
2. How to set targets?
• Use the ‘max’ line of your company (or the best-in-class
of your industry)
• Connect your AS IS to the ‘max’ line to define ‘balanced
targets’
3. How to account for strategy?
24
25. Market leaders are
‘extremely disciplined
and focused’ on 1 of 3
strategic options
Treacy & Wiersema,
1995
Operational Excellence Product Leadership Customer Intimacy
• ‘Best price’ and/or
• ‘Best access’ (‘fast, easy,
painless’)
• ‘Best product’ • ‘Best service’ and/or
• ‘Best connectivity’
(‘relationship
orientation’)
• Efficiency through
process thinking
• Zero-defect service
• Best product through
continuous product
innovation
• Clear innovation strategy:
where to place the bets?
• Understanding the
broader problem
• Having expertise about
the customer’s business
• Customers carefully
selected
• The operations
department drives the
company
• Attention is paid to
process speed and quality
• R&D is key: idea
management
• Marketing is also key:
educate people with a
missionary zeal
• Get engineers, designers,
and marketers
systematically together
• Demonstrate expertise
and experience
• Strengthen the
relationship
• Build loyalty: focus on
customer retention
26. Product Leadership
highest cost in R&D, marketing, supply chain
Customer intimacy
the extra mile comes at an extra cost
Operational Excellence
cost leader in every fibre of the organization
service
inventory cost
Higher
turns
Lower
cost
Higher
service
28. Product Leadership
emotion beyond functional service
Customer intimacy
an extra mile for a premium
Operational Excellence
excel in the basics
service
inventory cost
Higher
turns
Lower
cost
Higher
service
29. Product Leadership
highest risk with highest potential payoff
Customer intimacy
an extra mile at an extra cost and premium
Operational Excellence
excel in cost and the service basics
service
inventory cost
Higher
turns
Lower
cost
Higher
service
EBIT
Remember ROCE principle: lower turns require a higher EBIT!
EBIT of product leader should be the highest!!
36. 3 Questions
OK … we’ll benchmark in 2 dimensions but …
1. Which metrics to balance?
2. How to set targets?
3. How to account for strategy?
• The strategy defines the position on the Max or best
practice curve!
36
37. Conclusions …
1. Never benchmark in only 1 dimension (you may end up
with unrealistic and unbalanced targets)
2. Always balance Service, Cost and Cash (or EBIT versus Cash
or Capital Employed in 2 dimensions)
3. Use the Max ‘bang-for-the-buck’ line of your company or
the industry best-in-class to define balanced targets
4. Your strategy will define your target position on the ‘bang-
for-the-buck’ line (make sure to compare yourself to
‘strategy-peers’!!)
5. Supply chain and finance have the same objective:
maximizing shareholder value as defined by ROCE
6. Different strategies are different routes to generate the
shareholder value (different ROCE or bang-for-the-buck)
37