Product-as-a-Service

Acronym: PaaS

Not to be confused with: Platform-as-a-Service

Likes: monetizing supply chain optimization

Dislikes: bad attitudes

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Our passion (obsession) with figuring out what success looks like at the intersection of business transformation and Product-as-a-Service extends beyond the boundaries of Chakra. Our friend ​Deborah Dull, is a circular bad-@ss; her insightful commentary in PYXERA Global's newest publication, "Paradigm Shift," dives deep into what supply chain brings to the table when shifting to circular business models. 

We're particularly excited about Chakra's honorable mention in discussing the role that data plays when thinking about inventory. 

Circular

It is not: a triangle

​It is: changing the way we think about value

Advantages of Circular: Literally saving the planet while still making money

Disadvantages of Circular: You'll sound so cool talking about it at cocktail parties, that you won't be able to get 2 seconds to yourself

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Transformation for us means leveraging new tools and techniques to change how you share value with your end customers. That’s why we call it Business Transformation, not Digital Transformation. One of our guiding mindsets, as we think about Business Transformation, is Circularity.

​At Chakra, Circularity means creating business models that support the equitable sharing of value up and down the supply chain. In practice, that means helping our clients move to performance based business models like Product-as-a-Service. ​

Supply Chain

Pros: when done properly, can change the world

Cons: when done improperly, will give you a headache

Does not involve: an actual chain

Does involve: all the steps it takes to get a product or
service from its inception to the customer

Value stream, digital thread, virtuous cycle, buyers journeys.. What do they all have in common? They are ways for people to track and exchange value. When you cut through all the lingo, what is behind each and every one of these over used terms? A supply chain. 

Thinking like a supply chain professional allows you to think about transformation in terms of  demand signal (does somebody want what I have), inventory (do I have what they want) and logistics (can I get it to them).

We love working with, and contributing to, SupplyChainRevolution because they believe supply chains can save the planet, save lives, and transform traditional business models. That makes us happy. 

Lean

Not to be confused with: the keto diet

Benefits: focus focus focus

Drawbacks: you'll have to listen to Luke talk about the benefits of a keto diet

We love it because: it puts value on a pedestal

Our customers say it best:

“We collaborate with Chakra because of how they think about transformation. From how we run our supply chain, to how we optimize our on-site service teams, Lean is at the core of everything we do. We see our Business Transformation as an extension of that. Hence, Chakra’s transformation process aligns to how we want to work. I’m also happy to report we see the results of such an approach.” 

– VP Operations

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