Tompkins Video Reveals "Amazon Cure" to Today’s Plague of Short-Term Thinking

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Supply Chain Expert Jim Tompkins Outlines Path to Create Long-term Business Value

Stop taking long vacations to ‘Uncertainty Island’ and start becoming a value creator.

Businesses across all industries are feeling the symptoms caused by the current plague of short-term thinking. A static view of where they are headed, coupled with the failure to invest and innovate for long-term success, is putting many companies on the wrong path.

But there is a cure, as explained in this new video. “Stop taking long vacations to ‘Uncertainty Island’ and start becoming a value creator,” says Jim Tompkins, CEO of Tompkins International. “Focusing on short-term profits and blaming the global economy, Wall Street, the government, or other things beyond our control is keeping companies adrift.”

Why is it called the Amazon Cure? Because Amazon and its CEO and founder Jeff Bezos are the best examples for creating long-term value through innovation and investment, often at the expense of short-term gains.

“Take Amazon’s role in the push toward same-day delivery,” notes Tompkins. “It’s their investment in customer satisfaction and innovation in fulfillment center strategies that help make Amazon a continuous value-creating machine.”

In the video, Tompkins further explains how to diagnose the symptoms of short-term business thinking and identifies the four main rules that companies should follow to achieve long-term success. A complimentary paper, Leveraging Supply Chains for Increased Long-term Value, also provides more detailed insight into the Supply Chain Value Creation Framework.

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About Tompkins International

Tompkins International transforms supply chains to create value for all organizations. For more than 35 years, Tompkins has provided end-to-end solutions on a global scale, helping clients align business and supply chain strategies through operations planning, design and implementation. The company delivers leading-edge business and supply chain solutions by optimizing the Mega Processes of PLAN-BUY-MAKE-MOVE-STORE-SELL. Tompkins supports clients in achieving profitable growth in all areas of global supply chain and market growth strategy, organization, operations, process improvement, technology implementation, material handling integration, and benchmarking and best practices. Headquartered in Raleigh, NC, USA, Tompkins has offices throughout North America and in Europe and Asia. For more information, visit http://www.tompkinsinc.com.

CONTACT:
Myra Schwartz
mschwartz(at)tompkinsinc(dot)com

Twitter: @jimtompkins
Creating Supply Chain Excellence Blog: http://www.tompkinsinc.com/category/blog/
Global Supply Chain Podcast: http://www.tompkinsinc.com/category/podcast/

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Myra Schwartz
Tompkins International
919-855-5533
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