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Tenzing
Tenzinghat einen Beitrag geschrieben.25. Mai 2022
I have been asked a few times recently what my Business Ethics and My Business Mindset are…? Here is what I answered: - I say what I do and I do what I say !(Transparency and Commitment) - I underpromise and overdeliver! (Exceed Expectations) - My religion is win-win! (Joint Success) - I like to simplify the complex and I force myself to do the right things right! (Efficiency and Efficacy)
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Tenzing
Tenzinghat einen Beitrag geschrieben.9. Mai 2022
am delighted to represent Tenzing ( https://tenzingconsulting.com/ ) at the 16th Yearly Private Equity NRW Conference in Düsseldorf today. #privateequity #PE #Event #NRW #consulting #experts #procurement #sourcing #SCM #supplychain #operations
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Tenzing
Tenzinghat einen Beitrag geschrieben.22. April 2022
Hard to believe that 20 years ago Thom McLeod and Bill Ageloni started Tenzing with the idea that they could change consulting and lead with expertise. They didn't realize they were one of the early innovators and creators of the gig economy back then. Tenzing has been lucky to have hundreds of happy clients around the world, and nearly 1,400 members of its Expert Network supporting those clients in improving Procurement, Supply Chain and Operations. Thank you all that have been part of this journey!
Tenzing
Tenzinghat einen Beitrag geschrieben.10. März 2022
https://upload.wikimedia.org/wikipedia/commons/c/c1/Edmund_Hillary_and_Tenzing_Norgay.jpg "Ever since the morning of May 29, 1953, when Tenzing Norgay and I became the first climbers to step onto the summit of Mount Everest, I've been called a great adventurer." Edmund Hillary On that day, Edmund Hillary and Tenzing Norgay made the first ascent of Mount Everest. It was the best possible rope team! Edmund Hillary, a good climber from New Zealand, and Norgay Tenzing, equipped with the high-altitu...

https://upload.wikimedia.org/wikipedia/commons/c/c1/Edmund_Hillary_and_Tenzing_Norgay.jpg

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Tenzing
Tenzinghat einen Beitrag geschrieben.10. März 2022
CONCLUSION: TENZING EXPERTS & THE MRO FRAMEWORK Tenzing MRO experts have instant credibility at the storeroom, maintenance, and production level because they can walk-the-walk and talk-the-talk; they have lived all dimensions of MRO management. They understand what parts are for and how they are used. There is no sense in establishing supplier relationships that the plants aren’t going to use – it is critical to evaluate spend, identify critical onsite spares, and establish strategic partnershi...
Tenzing
Tenzinghat einen Beitrag geschrieben.10. März 2022
INSIGHT 7: CODIFYING TRIBAL KNOWLEDGE A key issue facing today’s manufacturers is that the people who have kept their plants running for the past three decades are retiring. With each retirement, the facility loses access to critical information because it is not recorded anywhere outside of those employee’s minds. This is also commonly known as “tribal knowledge”. Tradesmanship is in limited supply, and the portion of the labor market available to fill these open positions is getting smaller an...
Tenzing
Tenzinghat einen Beitrag geschrieben.10. März 2022
INSIGHT 6: THE 4TH DIMENSION OF TCO MRO is one of the most misunderstood and highly emotional spend areas for any business. MRO Strategic procurement often takes a back seat to the company’s internal users / stakeholders who are passionate about obtaining their materials / services from “local” friends, and historical relationships. They “shop daily” focusing almost exclusively on the lowest unit cost. Procurement is often told, “If you mess with my suppliers, you will be responsible for shuttin...
Tenzing
Tenzinghat einen Beitrag geschrieben.10. März 2022
INSIGHT 5: 50/50 A best-in-class MRO strategy aligns production’s maintenance needs with supplier capabilities. The goal is to find the optimal supplier mix, not to single-source for the sake of simplicity or economies of scale. MRO supplier relationships should mirror the intimate supplier relationships seen in direct materials. Most companies have not fully explored the capabilities of each of their MRO suppliers. Without access to this knowledge, they are prevented from tapping into value bey...
Tenzing
Tenzinghat einen Beitrag geschrieben.10. März 2022
INSIGHT 4: PPV IS NOT THE ISSUE Many companies have historically managed their MRO spend based on the belief that it is more important to keep production going than to pay the lowest price in town. This often leads to fewer, broad MRO supplier relationships that fail to recognize and leverage the unique capabilities of each supplier. But managing MRO on a more granular level does not necessarily mean that ‘PPP’ or the ‘price per part’ has to become the sole focus. More here... https://tenzingcon ...
Tenzing
Tenzinghat einen Beitrag geschrieben.10. März 2022
INSIGHT 3: THE ARTISTRY OF DATA INTERPRETATION MRO spend is already highly fragmented due to low price point items and distributed buying, and the associated data sets are usually no help. MRO data tends to be extremely large and is often plagued by nonstandard descriptions that hold no meaning to anyone other than the individual who entered them. Descriptions are created based on how each item is used by that production team rather than an overarching recognition of their function. More here......
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