Or are KPIs the real problem?
Since their acquisition of Argos back in 2016, it seems Sainsburys have been left with an insatiable appetite for more; and as we approach mid-year 2018, the FMCG retailer has revealed plans to merge with their supposedly regarded rivals, north of the wall; Asda.
Following the successful integration of Argos into Sainsbury’s stores two years previous, many may now question whether the true purpose of this strategy was more advanced, than to seemingly provide consumers with added value, and a more convenient in-store customer-experience.
For many out there this is the ‘January’ of the working world. A new financial year, new plans, strategies, hopes and dreams….
My Supply Chain Resolutions are as important now as ever. In this blog, I’m going to look deeper into my second Supply Chain resolution “Focus on Your Core and Trim the Fat”. It’s all about inventory policy and Core product identification.
Getting this right will improve a whole host of things throughout your entire supply chain; warehousing and logistics costs, procurement saving opportunities, write down savings and availability improvements, ultimately leading to increased sales revenue and a healthier bottom line.
Previously, I shared my 5 top Supply Chain resolutions, and since then I’ve had a couple of people ask me to explain more around how they can implement these changes. Well… ask and you shall receive (as I’m sure any reverand will agree).
So, I thought I’d start at the beginning with my first resolution: KNOW YOUR WORTH.
As a recruitment consultancy its no secret we use job boards. So it makes sense that as an internal recruiter you would use them too, but what are the pros & cons of using them?
Just over a month ago many of us pledged to be different. With the excitement of the festive period a fading memory, the reality is that most of us have very quickly slipped back into the day-to-day routine and focussing on making it through the week.
Below are my top 5 supply chain resolutions… It’s only February… You’ve got time to make a couple more.
Guest Blog by Rachel Sellers, Commercial Planning professional-
All too often, when businesses are trying to improve their sales forecasting, reduce inventory holding, or simply improve availability and customer service, the first port of call is to review the forecast accuracy.
We often encounter clients that tell us day rates for interim managers amount to daylight robbery, but is that really the case? There are many benefits to using an interim manager, they are often less expensive than you think & the ROI they bring is invaluable.
Comparing PAYE & Interim Managers
The biggest mistake clients make is to simply take the day rate & x it by the number of working days in the year, for example 260 x £500 is made to look like an annual salary of £130k!
In fact, this is far from the truth. In simple terms day rates should be calculated like this:
With post-Brexit trade negotiations still up in the air, both British and European firms are thinking about their supply chains and how they will be affected if mutually beneficial tariff deals with the EU aren’t achieved.