Apple Inc is regarded as the best company in the world for its cutting-edge supply chain management practices. What's the secret behind its success? This article will explain to you what we can learn from the co-founder of the company.
Apple In A Nutshell
It goes without saying that Apple Inc is famous for its strengths in the product design, product development, branding and marketing strategy. When it comes to supply chain management practices, many people believe that its supply chain model and sophisticated software system are the secret weapons that help them maintain the market leadership.
In April 2012 (six months after Jobs's death), Harvard Business Review published the article called The Real Leadership Lessons of Steve Jobs. The author of this article is Walter Isaacson who helped Steve Jobs completed his best-selling biography. Isaacson identifies the practices that he believes people should learn. Even though it's about business management in general, the article contains some interesting aspects about supply chain management.
Customer comes first, cost cutting comes second
Set Impossible Targets
Adopt Process View
Make radical change when necessary
Enhance relationships via face-to-face meetings
Topics: Industry Trends