Chain Reaction

 In this episode of Chain Reaction - All about supply chain advantage Tony Hines draws attention to key business skills developed by supply chain professionals. The skills are transferrable and could take you on a journey to the 'C' Suite and even to CEO. Many people on the Board of retail and FMCG businesses have spent some time working in the supply chains of businesses where they cut...

This episode is about digital transformation building supply chain capabilities which are underpinned by blockchain technology. Tony Hines discusses how Digital Transformation has impacted every aspect of supply chains from sourcing, procurement, purchase contracts, supplier contracts, transport, distribution, information systems, payments, tracking and tracing goods through the supply chain creat...

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In this episode Tony Hines describes and explains what is meant by supply chain strategies which is the title of his book on the topic. Supply Chain Strategies demonstrates how organizations must take strategic decisions in order to manage their supply chains to sustain competitiveness in the global economy. Tony Hines defines what the supply chain strategies are, how they work and why firms inves...

In this episode of Chain Reaction Tony Hines discusses sourcing strategies and examines reasons why they are critical for securing supply chain advantage. One of the most important considerations for any organization is where to source product and which suppliers to select. Building an effective supply base is critical to the success of most organizations. The decision to source is often divided i...

Two of my 7V’s are volume and volatility. I have examined volume and volatility as part of my research into supply chain performance across a number of firms in different industries and in different geographical settings. I also worked on supply chain projects with firms in different industries to develop improvement strategies where volatility in demand and volume oscillation caused problems.  So...

End to End Supply Chain Analytics End to end analytics is a term that describes a means of integrating data sources from different supply chain activities and process cycles to understand supply chain performance with the intention of developing improvement strategies. End to end analytics provides supply chain visibility. In this episode I explain why end to end analytics are needed and how you c...

What does it mean to be Market-Driven? In the industrial age it seemed that building capacity to manufacture at scale and developing capabilities to innovate and build better goods than a competitor would be enough. However, one little detail is overlooked which is we have no mention of customers or the market. This is what came to be known as the ‘inside-out’ view of an organization that is a res...

Over six days in March 2021 a real-world drama unfolded as the MV Ever Given was stranded in a narrow section of the Suez Canal just 6km in from the southern entrance. The disruption to supply chains in Europe with goods coming from Asia was estimated at around $10 billion dollars for each day the canal remained closed. The incident demonstrates the reliance placed on the Suez Canal and indeed oth...

President Biden issued a policy statement which put supply chain resilience at the heart of the US Economy. An extract from the policy statement states: “The United States needs resilient, diverse, and secure supply chains to ensure our economic prosperity and national security.  Pandemics and other biological threats, cyber-attacks, climate shocks and extreme weather events, terrorist attacks, ge...

In this episode of Chain Reaction attention is on the post-Brexit supply chain evaluating the impact of leaving the EU for firms in three industry sectors in the United Kingdom, services, food and fisheries. We know that promises made by government ministers about taking back control, doing great trade deals with the rest of the world and life outside of the EU being less bureaucratic have not yet...

Supply chains are service systems creating and delivering value to customers. In this episode Tony Hines discusses value, customers and service. Attention is focused on what value means to customers in the supply chain and how consumers perceive value received from brands in consumer markets. This informs what happens inside supply chains and guides strategic choices.  Value and the value based co...

In this episode Tony Hines discusses recent changes in the macro environment as well as in society at large and the risk and uncertainty that plays out in the supply chain. Complexity and Disruption provide a focus for the discussion. Supply chains are discussed as complex systems. Disruptions emerge as the complexity of the system increases. Visibility is key to understanding the changes and the...

Tony Hines developed his  7V model to identify value drivers in supply chains. These Vs were validated in his research studies of international supply chains. Value is created within the supply chain by lowering cost and increasing value for customers. This often results in saving time and speeding up throughput. If Supply Chain cycle times can be reduced you lower cost and people get paid faster....