Supplier management as an intelligence operation for risk minimization: Supplier management is like an intelligence operation that aims to build a resilient network to provide headquarters with information from different regions while minimizing risks in the supply chain. Building such a network is a constant challenge in the supply chain and not a “mission impossible”. […]
I want to wish you all a happy and prosperous Chinese New Year. The year 2024 is the year of the dragon, a symbol of strength, wealth and luck. May these qualities accompany you in the coming year and help you achieve your goals. We all know that the past year was full of challenges […]
Visions are like fixed stars, unreachable, but they provide orientation. In the world of Supply Chain, these visions are our differentiated Material Group Strategies, our objectives. They are the guiding stars that navigate us through the complex Supply Chain and Procurement landscape. Our Key Results are the measurable milestones that indicate our progress towards these […]
Power is just a perception! How can we expand our power? Let’s utilize the insights of Jack Nasher, a renowned German author and speaker . His work focuses on persuasiveness, negotiation, and perception deception. Jack Nasher is convinced that you don’t get what you deserve, you get what you negotiate . I would like to […]
In a fascinating New York Times article, the book “Noise: A Flaw in Human Judgment” by Daniel Kahneman, Olivier Sibony and Cass Sunstein. The book sheds light on the concept of “noise” in human judgments and decisions. According to Kahneman, “noise” is the unwanted variability of judgments. It is a systematic variance that is equivalent […]
