Supply Chain

Evolving the Value Proposition of Your Supply Chain

June 24, 2010

I've spent a lot of time analyzing the cyclic recession/recovery process over the last two years. As a result, I've uncovered a way to harness that cycle and advance the value of an organization's supply chain.

Underneath all the predictions and analysis about economic recovery, there's an independent cycle of evolution that presents major opportunities for improving value in a supply chain. I call this cycle the Supply Chain Value Contribution Cycle (SCVCC), and it includes four phases:

Phase 1: Reduction
Phase 2: Redesign
Phase 3: Drive Growth
Phase 4: Transformation

For details on how the four phases work and a real-life example of how a convenience store is improving its retail supply chain value, see my new article, Four Phases to Evolve the Value Proposition of Your Supply Chain.

Jim
Tompkins Associates

About the Author

Jim Tompkins | CEO

Dr. James A. Tompkins is an international authority on leadership, logistics, material handling, outsourcing, and supply chain best practices. As the founder and CEO of Tompkins International, he provides leadership for Tompkins globally.

His 30-plus years as CEO of a consulting / integration firm and his focus on helping companies achieve profitable growth give him an insider’s view into what makes great companies even better. Listen to an interview of Jim Tompkins on the Business Leader Radio show.

As a high-level business advisor, his unique perspective prepares corporations and executives for the future.

To share his knowledge and provide up-to-date information on supply chain and business trends, he developed the GoGoGo! Blogand Global Supply Chain Podcast.

He has written or contributed to more than 30 books and eBooks, including Caught Between the Tiger and the Dragon, Bold Leadership, Logistics and Manufacturing Outsourcing, The Supply Chain Handbook, andNo Boundaries. Jim has been quoted in hundreds of business and industry magazines such as The Journal of Commerce, Supply & Demand Chain Executive, and FORTUNE, and he has spoken at more than 4,000 international engagements.

Jim has served as President of the Institute of Industrial Engineers, the Materials Management Society, and the College-Industry Council on Material Handling Education, and Purdue has named him a Distinguished Engineering Alum. He has also received more than 50 awards for his service to his profession.