Digital Transformation Strategies: How Operations Leaders are Driving Change
The world of business is becoming increasingly digitized, and organizations must keep up. It is not only CIOs that lead this change. COOs must do their part by ensuring their company’s operations conform to new demands. COOs must ensure the organization's strategic...
Unlocking the Power of Predictive Analytics in Operations Management
Predictive analytics are a valuable technology in all business aspects, but they are particularly valuable to operations. COOs can use the data they collect to predict supply chain trends and behavioral patterns in human resources and customer satisfaction, and to...
Building a Culture of Continuous Improvement: Tips for Operations Teams
It’s not enough to establish an effective method and stick to it. Leaders and teams must work to continuously improve those methods. They must look at factors like increased efficiency and cost savings to ensure their teams are optimizing their resources and enhancing...
How Digital Twins Can Help The Supply Chain?
Digital twins are virtual replicas of an object, system, or process used to simulate potential situations and outcomes. Digital twins use real data to deliver analytical insights and visualizations. Below, McKinsey & Company will go into more detail about digital...
COO’s on the Move: November 2024
The role of Chief Operating Officer (COO) is evolving at a rapid pace, and November 2024 saw a number of high-profile transitions in this critical leadership position. Whether you're a business leader or a follower of executive trends, this roundup offers valuable...
How Can Scarcity Impact Your Supply Chain?
What is scarcity? Scarcity means there isn’t enough of something to satisfy everyone who wants it. This can affect business through the supply chain management, hiring process, pricing, and more. Below you will learn what scarcity is and how it can impact your supply...
The Role of AI in Shaping Future Operations
AI plays a prominent role in today’s world of business operations. It automates processes, optimizes resource allocation, and enhances decision-making processes. But what will the future of AI look like? Experts see a future where AI plays an even more prominent role...
Building Resilience Against Cyber Threats in Operational Processes
Operational processes are seeing an increasing shift to digital. Digital processes reduce costs, eliminate errors, and boost productivity. However, they also increase the risk of cyber threats. Leaders must do more than protect their company from cyber threats. They...
Building Resilient Supply Chains Amid Global Uncertainty
Leaders understand the importance of resilient supply chains, but their efforts may be no match for a global event. Wars, natural disasters, and political events may block trade in certain parts of the world. When these incidents occur, organizations may struggle to...
Sustainability in Operations: A Competitive Advantage
Sustainability is the way of modern business. It boosts customer satisfaction, helps companies increase profitability, and saves the environment. Organizations that follow sustainable practices in operations can get a leg up on the competition and become industry...
Optimizing Inventory Management: Strategies for Minimizing Costs and Maximizing Efficiency
Inventory is crucial to any organization that relies on supplies to deliver products and services to customers. It plays a role in the company’s cash flow, profitability, and customer satisfaction levels. Order too much inventory and you may waste money on products...
COO’s on the Move: October 2024
October was a new beginning for many Chief Operating Officers. Today, Operations Council will focus on 14 COOs that have transitioned into new roles. ServiceNow Names Amit Zavery as New COO Amit Zavery, who spent almost 25 years at Oracle before joining Google, is...
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