Philosophy & Leadership
Kerim Kfuri
Global Supply Chain Expert | Public Speaker | Author of Supply Chain Ups and Downs | CEO, The Atlas Network | Follow for daily philosophy & leadership insights
Shedding Light on the Intricacies: The ABC's of Supply Chain with Kerim Kfuri
The supply chain industry is as vast as it is complex, and not everyone fully grasps its complex nature. Whether you are an experienced leader, business student or a new entrepreneur, understanding the ABC's of this industry gives you a strategic edge in your business.
The Starting Line: Navigating the Initial Steps
The very first question that pops up often is - where does it all start?? If you are a small-to-medium enterprise (SME) without an in-house factory, or have had a less-than-positive production experience in the past, then finding an experienced intermediary with a wealth of hands-on know-how is critical.
An intermediary who understands your business needs and the market dynamics can be a bridge between your ideas and the actual production line. This starts with a Request for Quotation (RFQ) which outlines all the specific details concerning the product you want to produce - from materials to quantities, and from lead times to shipping methods.
The Go-to-Market (GTM) Strategy: A Compass in the Sea of Production
Without a Go-to-Market (GTM) strategy, you are essentially sailing blind. How will you know what to produce, how to produce it, in what quantities, and what your target audience demands?? A well-defined GTM strategy can answer these questions and provide a clear roadmap for your product's journey from conception to the customer's hands.
In a nutshell, understanding the ABC's of the supply chain industry can empower you with the knowledge and strategies to navigate its complexities. The journey might seem daunting, but with the right guidance and tools, you can steer your business towards success.
Remember, the supply chain might be complex, but understanding its ABC's can simplify it considerably.
Environmental Equity: A Smart Business Move
Promoting environmental equity isn’t just ethical—it’s a smart business strategy. Companies that prioritize sustainability are seeing real economic benefits, and here’s why you should join them.
Incorporating environmental equity into your business isn’t just about saving the planet—it’s about securing your company’s future. The benefits are clear: enhanced reputation, cost savings, new market opportunities, risk mitigation, and a happier, more productive team. Make the smart move.? Go green, and watch your business thrive.
??Related topic: I was recently featured in the Fast Company article "Countering Pollution Outsourcing: Promoting Global Supply Chain Accountability for Environmental Equity." Check it out and let me know your thoughts.
Big news from the "Supply and Demand Show"
Thrilled to announce that the podcast I co-host with Richard Crawford , "The Supply and Demand Show," is on a roll since its launch this January.? With our listenership soaring and subscriptions scaling to over 3k, we're proud to be your gateway to brilliant insights from the supply chain industry's most cutting-edge leaders.?
Missed out on the buzz? Here are a couple of our most popular recent episodes that you need to catch.
Visit our channel on YouTube?? for all episodes. Plus, make sure to follow our LinkedIn?? page to keep up with the latest news.
I Want to Hear from You!
I hope you enjoyed this edition. I've got much more in store for you. Make sure to SUBSCRIBE and SHARE.?Let me know your thoughts in the comments.
As Editor-in-Chief for Podcast Magazine?, I've acquired "insider information" about what makes podcasts profitable. Now, I use it to help professionals increase their Reach, Respect, & Revenue (??? using podcasting ???)
9 个月Looking forward to diving into the newsletter. Your insights on supply chain management are always enlightening.