The Edge Blog: Insights on business transformation, practical applications and everything in between

Mentoring Minute - “The Ideal Mentor & Mentee”

By Rick Nieves

CHICAGO - One of the most common questions is this: What makes a good mentor and mentee?

While the makeup will vary somewhat, there are certain traits that seem to be consistent across the board.

Below are profiles of each. Hopefully, this will help you identify good candidates for your current (or future) mentoring programs.

The ideal mentee will:

Rick Diefenderfer comes full circle with Easterseals

CGN Global’s Rick Diefenderfer attended the annual Easterseals Central Illinois board meeting, held in Peoria, Illinois, on Thursday, August 24th, to present a check.

Diefenderfer recently embarked on a bicycle ride across America, from Santa Monica, California to New York, New York, to raise money for children with autism. The initiative was coined Rick’s Easterseals Ride for Kids & Progress. The ride went from the end of May to the July 4th holiday.

Rick followed the old Route 66 from Santa Monica, California to Chicago, Illinois, traveling through California, Nevada, Arizona, New Mexico, Texas, Oklahoma, Missouri, and Illinois.

Inbound Supply Chain Network Analysis

The objective of an analysis is to develop Inbound Supply Chain Network with the ability to understand the current baseline network, identify non-intuitively obvious solutions revealed in analysis and review high level scenarios. The analysis should include multiple part families, regions, suppliers and identify supply chain network opportunities with associated costs and benefits.

Evolution of data analytics in supply chain design planning

Traditional supply chains primarily consists of Procurement, In-bound Logistics, Parts Inventory, Manufacturing, Finished Goods Inventory, Fulfillment and Outbound Logistics. As of late, data and data based analytics have become an important piece of the puzzle, especially in strategic Supply Chain design, gaining a competitive advantage in the market.

Supplier Lead Times Impact Inventory Management

By Dhinesh Selvaraj

Lead time is a key component of replenishment policies. Shorter lead times are desirable, but getting shorter leads from suppliers is challenging. On the other hand, longer lead times result in higher on-hand and in-transit inventory. Additionally, longer lead times limit the supply chain response to changing demand, variability, and uncertainties. On-hand and in-transit inventory make up a big chunk of the total costs, on top of purchasing, transportation, warehousing, packaging, and even expedited shipping costs at times. Inventory is required for demand variability, lead time variability, and service levels but lower inventory or days on-hand is a key to resilient and responsive supply chain.