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    Supply Chain Council Guidance on KPIs

    By MemberSupport

    This blog was first published on Brook Software Solutions' blog: http://insights.brook.ie/blog/7-critical-kpis-for-the-best-supply-chain-management-process  We thank Stephanie Davies from LinkedIn for her contribution! The effectiveness of a company's Supply Chain Management acumen (Member Support note: On our site we use the Value instead of Supply) can be measured in different ways, and the measurements chosen by a company are usually specific to the kind of business being done, so t
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  • MemberSupport

    What is TOC?

    By MemberSupport

    TOC (Theory of Constraints) A concept advocated by Eliyahu Goldratt, which is the theoretical base of supply chain management. TOC is a model that explains the impact on profitability from decision-making by a supply chain in terms of time. TOC is also a method of managing bottlenecks. The "TOC (Theory of Constraints)", which was developed by Eliyahu Goldratt, is a method of increasing throughput by managing "constraints" (bottlenecks). It is a concept that serves as the theoretical base
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    • 425 views
  • MemberSupport

    Vaue Stream Mapping with MTT

    By MemberSupport

    Value Chain Mapping (aka Value Stream Mapping) We're often asked about graphical depictions of actual, real world, C+H Value Chains. Or, we get asked how can I model and improve my firm's value chain processes? The answer is to initiate a Value Chain Mapping project which will encompass 3 different modeling methodologies, 3 different tools and 3 different trainings. My objective here as our Associations is to transfer my enterprise modeling knowledge, my business process au
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    • 291 views
Cannabis Connect SII (Shared Industry Intelligence) BLOG

Want a Tip on an emerging growth firm? Read this Investors' email from Shackelford Pharma...

Greetings Fellow Shareholders, I hope this note finds everyone well! As we settle into the new year, I wanted to wish everyone and their families a healthy and prosperous 2023 on behalf of our team at Shackelford Pharma. I am pleased to share with you a brief but very significant update to start the year. As you are aware, our initial focus is the field of epilepsy, based upon Dr. Shackelford’s real-world experience and the considered opinion of
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Cannabis Connect SII (Shared Industry Intelligence) BLOG

Industry Terms FYI

Audit The systematic, independent, and documented examination (through observation, investigation, records review, discussions with employees of the audited entity, and, as appropriate, sampling and laboratory analysis) to assess a supplier’s food safety processes and procedures. Seed-To-Sale When an edibles company is vertically integrated,  means that the cultivation of cannabis and through all processing stages ending at a sales dispensary are ALL within the company's control. That i
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Cannabis Connect SII (Shared Industry Intelligence) BLOG

YouGov America Poll Has Good, Credible, Data!

This poll has been managed by YouGov America and the author is Taylor Orth. Great job, Taylor! Most Americans say marijuana is safe, can have health benefits, and should be legal Most Americans favor the enactment of a broad array of legal reforms specific to marijuana policy, according to nationwide polling data provided by YouGov.com. Specifically, six-in-ten Americans say that “marijuana should be made legal in the United States.” Majorities of Democrats (72 percent) and Indepe
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Cannabis Connect SII (Shared Industry Intelligence) BLOG

Medical Endorsements for Cannabis

Health Organizations Endorsements are important to know about! Opponents of medical marijuana law reform often argue that few or no health authorities recognize cannabis as a legitimate therapeutic agent. Numerous health and medical organizations from both the United States and abroad support the use of marijuana as a medicine. The following list is a sampling of the various health and scientific organizations (from NORML) that back patient access to medical marijuana. Though it is not
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Cannabis Connect SII (Shared Industry Intelligence) BLOG

Microcurrencies for the C+H Sector

The blockchain technology revolution, coupled with the notion of "smart contracts" and alternative currencies (also known as Microcurrencies, Altcoins and Crypto Currencies) is facing us as a watershed opportunity as we're about to move into 2022. What is your firm doing to move forward? Well, one of the first places to start is to look at our "open standards" which we are compiling to assist the Cannabis and Hemp business entities to understand what they need to do to leverage each aspect
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Cannabis Connect SII (Shared Industry Intelligence) BLOG

Value Chain Management Boot Camp Unveiled for C+H Business Entities

Our Value Chain Management (VCM) Center-of-Excellence (COE) features our world-class VCM Bootcamp which is tailored for the C+H firm dealing with agricultural operations, harvest processing, manufacturing, extraction, Consumer Packaged Goods (CPG) operations, logistics and distribution, retail dispensary operations and many other highly challenging functions. The goal of building the knowledge bank of the executive team is the place to start and that's where we add significant value. Our VCM Boo
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Cannabis Connect SII (Shared Industry Intelligence) BLOG

Value Chain Management (VCM) Charter and Roadmap

If your team is interested in building a corporate charter for pursuing Value Chain Management (VCM) open standards, best practices and processes, then you have come to the right place!  We use the VCM charter to address Phase 1 shown in the first diagram below. That's where a Value Chain Management charter team moves their company from an "Unconscious Incompetent state" to a "Conscious Incompetent state". In other words, the VCM charter consists of a mandate by corporate executives as Spon
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Cannabis Connect SII (Shared Industry Intelligence) BLOG

Supply Chain Council Guidance on KPIs

This blog was first published on Brook Software Solutions' blog: http://insights.brook.ie/blog/7-critical-kpis-for-the-best-supply-chain-management-process  We thank Stephanie Davies from LinkedIn for her contribution! The effectiveness of a company's Supply Chain Management acumen (Member Support note: On our site we use the Value instead of Supply) can be measured in different ways, and the measurements chosen by a company are usually specific to the kind of business being done, so t
MemberSupport

MemberSupport

0
Cannabis Connect SII (Shared Industry Intelligence) BLOG

Vaue Stream Mapping with MTT

Value Chain Mapping (aka Value Stream Mapping) We're often asked about graphical depictions of actual, real world, C+H Value Chains. Or, we get asked how can I model and improve my firm's value chain processes? The answer is to initiate a Value Chain Mapping project which will encompass 3 different modeling methodologies, 3 different tools and 3 different trainings. My objective here as our Associations is to transfer my enterprise modeling knowledge, my business process au
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Cannabis Connect SII (Shared Industry Intelligence) BLOG

Goings On in the World of Cannabis

We have some USA state-related updates to pass along to you. Here's the top info on Cannabis and Hemp (C+H) licensing: Virginia passed SB 1202 for adult use. On July 19th, 2021, Virginia's Governor Northam appointed the 9-member Cannabis Control Authority's Board. The board will not complete marijuana regulations or begin accepting applications before 2023, but there are several groups that aretrying to push this forward sooner!   New York passed SB 854-A and Assemble Vers
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Cannabis Connect SII (Shared Industry Intelligence) BLOG

Value Chain Management explained

What's the definition of value chain management? Value Chain Management (VCM) are those "management strategies" which a company puts in place in order to integrate company functions, departments and processes to achieve process excellence and consistent performance. VCM practices include cost reduction methods. and process improvement approaches such as business role and process automation. Lean and Agile practices are those proven strategies, methodologies and methods which take Value Chai
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Cannabis Connect SII (Shared Industry Intelligence) BLOG

Speak Up for Speeding US Federal Action!!!

Our American members continue to wait for action at the federal level regarding what feels like imminent regulatory reform which is slated for the C+H industries. But, the word "imminent" may be a false hope. How long must we all wait for the US Government to respond to Supreme Court Justice Thomas who recently indicated that the current situation where Cannabis is illegal at the Federal level but not at the state level if a US state or territory has made a move to legalize medicinal and adult r
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Cannabis Connect SII (Shared Industry Intelligence) BLOG

Open Standards Which We Support

The Value Chain Management Open Standards which we support include... 1.) ISO 22301; International Standard for Business Continuity / Continuity of Operations 2.) ISO 9001; International Standard for Quality Management / Quality of Products and Services 3.) ISO 27001; International Standard for Security of Communications and Data 4.) ISO 45001; International Standard for Health & Safety 5.) ISO 29148; International Standard for Systems Life-cycle Processes and Requir
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Cannabis Connect SII (Shared Industry Intelligence) BLOG

SAFE Banking Act

We are excited to report that the bipartisan SAFE Banking Act continues to have the support of Democratic leadership in the U.S. House of Representatives and may still become law during this session of Congress!  Late Monday night, the Democrats in the House released a new, scaled-down COVID relief package, which they are calling HEROES Act 2.0. In spite of repeated Republican jabs about the inclusion of the SAFE Banking Act in the Democrats' original HEROES Act, Democratic leadership refus
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Cannabis Connect SII (Shared Industry Intelligence) BLOG

In Memorium - Honoring Charlotte

Charlotte Figi, whose use of cannabidiol, or CBD, to treat her epilepsy helped popularize its medicinal use, died on Tuesday. She was 13. Her death was confirmed by her parents, Paige and Steven Figi, who said the cause was most likely complications related to Covid-19, the disease caused by the new coronavirus. Charlotte became the face of the medicinal CBD movement when she was 5 years old, after it appeared that taking CBD eased the symptoms of her epilepsy. She had her first s
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Cannabis Connect SII (Shared Industry Intelligence) BLOG

How to Get Started?

Our organization focuses on both the Business-To-Business (B2B) and Business-To-Consumer (B2C) market segments. When you look at the international ISO standards which we support AND the additional standards promoted by FOCUS, you are confronted by quite a long list of significant and relevant requirements. Yet, where should we dig in? Plus, what should be our order of priorities? Here's an approach that might work for you. The place to get started, and build practice capabilities is in the
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Cannabis Connect SII (Shared Industry Intelligence) BLOG

Open Standards Which We Support

The Value Chain Management Open Standards which we support include...   ISO 22301; International Standard for Business Continuity / Continuity of Operations   ISO 9001; International Standard for Quality Management / Quality of Products and Services   ISO 27001; International Standard for Security of Communications and Data   ISO 45001; International Standard for Health & Safety   ISO 29148; International Standard for Systems Life cycle proce
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Cannabis Connect SII (Shared Industry Intelligence) BLOG

Value Chain Management and The Big 3

I have found that when it comes to Value Chain Management excellence, there are a number of industry-standards which form a strong foundation. This is especially true for highly regulated industries. I call these standards, "the Big 3". They are as follows: 1.) Requirements Management / Engineering 2.) Business Process Management (BPM) 3.) Product Life-cycle Management (PLM) The Big 3 combine to form highly-structured management systems, practice methodologies and open standa
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Cannabis Connect SII (Shared Industry Intelligence) BLOG

What is TOC?

TOC (Theory of Constraints) A concept advocated by Eliyahu Goldratt, which is the theoretical base of supply chain management. TOC is a model that explains the impact on profitability from decision-making by a supply chain in terms of time. TOC is also a method of managing bottlenecks. The "TOC (Theory of Constraints)", which was developed by Eliyahu Goldratt, is a method of increasing throughput by managing "constraints" (bottlenecks). It is a concept that serves as the theoretical base
MemberSupport

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Cannabis Connect SII (Shared Industry Intelligence) BLOG

Understanding the Strategic Value of Value Chain Management

This article has a wealth of value chain measures. It has been written by Digital Commerce 360 in 2019 and it pertains to hospitals. But we love it as the measures are important for companies in any industry. A survey of 100 hospitals by Syft Corp. has found that nearly 50% still rely on manual spreadsheets for their supply chain management. This process is not only time consuming, but also costly.    A digital supply chain could help reduce supply-related costs by 18%, or $11 million a
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Cannabis Connect SII (Shared Industry Intelligence) BLOG

The Challenge of M&A

"Merging two or more organizations is a complex transaction filled with risk", says Protiviti's Merger & Acqusition (M&A) practice. "The best deals deals follow a structured and disciplined approach with clear strategic objectives, comprehensive due diligence, detailed integration plans, and a focus on creating and capturing value. Although such planned approaches may sound simple, history shows many failed M&A attempts that have resulted in significant impacts to shareholder value."
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Cannabis Connect SII (Shared Industry Intelligence) BLOG

The Nature of C+H Value Chains

We can assess Cannabis and Hemp value chains from many different perspectives such as timeliness, quality, cost to serve, process efficiency, etc. But the majority of our members are not business change specialists, process engineers, system architects or technical analysts. So, where is the newcomer going to find key areas of opportunity that they can readily understand and add their own understanding and potential solutions for common, everyday issues. Cannabis Connect is focused on a bro
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