The Value Of Loyalty

The Value Of Loyalty? In Global Supply Chain Group

Loyalty is an essential trait for any successful relationship. It is the basis of trust, respect and mutual understanding between two parties. Loyalty also translates to commitment and dedication in every aspect of life; whether it be personal relationships, work or even hobbies. The value of being loyal is often underestimated, but its impact is immense.

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Green Supply Chain

Global Leaders In Taiwan – Green Supply Chain

The role of global leaders in the green supply chain industry is growing each year, as companies strive to reduce their environmental impact and increase sustainability. Taiwan has become a leader in this field, with many major corporations setting up operations on its shores.

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How green is your supply chain? Green Supply Chains And CSR, Global Supply Chain Group

Shanghai Expo – Green Supply Chains

The Shanghai Expo is an international event that is renowned for its ability to bring together different cultures. The event takes place every 5 years, and this year’s special theme focuses on sustainability and green living.

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Workshops On Green Supply Chain

Workshops On Green Supply Chain

The green supply chain is becoming increasingly important in the business world. It’s a great way to reduce costs and increase sustainability, making it an attractive option for companies of all sizes.

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Supply Chain 2020 Governance – For Chairpersons and Boards

Supply Chain 2020 Conference In Melbourne

Welcome to the Supply Chain 2020 Conference in Melbourne! This annual event is an ideal platform for professionals from the supply chain industry to come together, share ideas and learn about the latest developments in this dynamic field.

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Supply Chain Infrastructure In India

Supply Chain Infrastructure In India and 8 ways to do it

As India’s economy continues to grow, so too does the need for efficient and reliable supply chain infrastructure. From businesses of all sizes to international conglomerates, the ability to quickly and accurately move products from their point of origin to the intended destination is essential for success.

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Cost Analysis Monte Carlo, Google Spreadsheets

Build A Great Cost Analysis Monte Carlo Simulation In Excel

Cost analysis is a vital part of an efficient supply chain. With cost analysis, businesses are able to assess their current spending and plan for future investments. Monte Carlo simulation is an advanced method of cost analysis that uses random sampling to help organizations identify potential risks and opportunities. Google Spreadsheets provides businesses with a convenient platform for conducting Monte Carlo simulations.

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Alex Rotenberg Interview, Outsourcing Logistics

Alex Rotenberg Interview

Alex Rotenberg Interview Outsourcing Logistics 3PLs: What are some of the critical mistakes people make in outsourcing logistics 3Pls? Before asking this question we have

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Life Cycle Management, Better Life Cycle Engineering On Supply Chain

Life Cycle Management

Life Cycle Management (LCM) is an integrated approach to managing the total life cycle of products and services for sustainable consumption and production. LCM takes

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BUSINESS MODELS ARE NOW OBSOLETE?

New Business Models For The New World

The world has changed drastically in the last few months, and businesses have been forced to adjust their strategies in order to remain successful. As a result, new business models have emerged as a way for companies to stay competitive and profitable in our new global context.

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Human Courtship on Supply Chain Network

Tinderization Of Human Courtship on Supply Chain What It Means?

About Human Courtship on Supply Chain I vaguely recall reading a research paper on human courtship by a US professor, where he hypothesised a 13 stage courtship process starting with eye-lock to for-ever-after. He had studied several human societies – ranging from primitive isolated tribes to modern urban tribes and concluded that the process was

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Complicated Systems, Complex Systems

Complicated Systems Vs. Complex Systems

Complex organisations have always existed, but we have to admit that the level of complexity has tremendously increased over the past centuries, especially over the past decades. Complexity now touches everyone, and every organisation. This is something unavoidable, and that is the reason why companies have to learn how to manage it, how to live

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Supply Chain Company

5 Strategies That Will Save Your Supply Chain Company

Strategies of Supply Chain Company For every business or economic activity, there is a time when it falls behind its competitors. No matter whether the situation comes to you at the initial stages or you are facing a sudden challenge right after touching the tip of popularity, you surely have to find out the way

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The Age Of Global Business Networks

The Age Of Global Business Networks

The Age Of Global Business Networks Obviously, business networks have tremendously changed through the ages. The world has become global and business networks have kept expanding over the years and centuries. In fact, business networks used to be very small, even non-existent a few centuries ago. In former societies, businesses were not as developed as

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Business Network

A Business Network To Save Plunging Stocks

A Business Network To Save Plunging Stocks Award-winning author Vivek Sood’s eagerly anticipated new book, The 5 Star Business Network, is due for release later this month. With further distressing economic news from Europe – Greek bank shares are plummeting and Portuguese shares have fallen too this week – the book could not have come

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Confronting Business. 5-STAR Business Networks News

Confronting Business How To Adapt Your Business Network Properly

About Confronting Business Business networks have changed through the ages and they have become greater and greater, reaching a worldwide scale. Nowadays, companies have to learn how to manage the business networks’ changes and its expansion over the world. However, somehow, our current business networks are not new at all and have already existed in

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Trends For Management Implied

New Trends For Management Implied By The Complexity Increase

Trends For Management Implied We have no choice but to accept that complexity is omnipresent in every organisation today. Complexity took a very important place in organisation because it is bigger than it used to be one century ago. For this reason, managers and executives have to learn how to run their business while managing

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HP Will Bear The Brunt Of Chromebook 11 Charger Overheating Fiasco And Subsequent Sales Halt On Amazon And Best Buy; Google Will Also Be Affected

HP Will Bear The Brunt Of Chromebook 11 Charger Overheating Fiasco

Sydney, 13 November 2013 Chromebook 11 charger fiasco Latest developments in the unfolding saga of sales halt of HP Chromebook 11 have seen both the key retail outlets now pulling it off the shelf following customer complaints of overheating chargers. HP is asking the existing owners of the product to use ‘any other Underwriters Laboratories-listed [

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Supply Chain Networks

From Free Markets To Free Supply Chain Networks And Beyond

Supply Chain Networks Business The story started in the 19th century with the beginning of free markets. The world of free markets is the world where business exchanges started to expand to global organizations and relationships. Many exchanges were now possible thanks to the free markets. The allocation of resources is determined by supply and

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Business Networks Or Social Networks

Business Networks Or Social Networks – Which Is Better ?

Learn All About Business Networks Or Social Networks LinkedIn is a business network that allows you to socialise. Facebook is a social network that is trying to commercialise. Both are digital networks that allow you to do certain things and not do other things. Besides these, there are real world business networks made up of

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Business Relationships

Business Relationships : What You Should Know About Them

About Business Relationships Although you may be good at building and maintaining relationships in your life, it can be very different when it comes to business. In effect, relationships between business partners are very specific relationships. As most relationships, they are based on a contract. The contract is the cornerstone of any relationship (personal or

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5 Best Tips For Social Media Use In Supply Chain Business, Social Media Successfully

How To Use Social Media Successfully

Social Media Successfully Although social medias are crucial for your communication strategy, they can also be deadly for your business if you do not use them intelligently. There are some important rules and conditions for success by using social medias, and you have to understand them before starting to interfere with social medias. Your customers

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IT Outsourcing Strategy Development

IT Outsourcing Strategy Development : 4 Key Areas Of Mistakes

Although Information Technology systems have evolved over the past decades, failures are still frequent. Most IT systems fail because their implementation does not follow the process and the conditions that it should. The people in charge often realize it too late, when the process is already in place. In fact, they only realize it when

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Global Business Networks

Global Business Networks

Global Business Networks China, the giant economy has dominated the news agenda recently just like their dominance in the manufacturing arena. Several proposed reforms have caught more attention than others, such as the relaxation of the one-child policy, now that China’s population is aging. However, business reforms carry tremendous implications that are likely to affect

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Demand In Supply Chain Business

Demand In Supply Chain Business in Global SC Group

Demand In Supply Chain Business Taipei-based Foxconn Technology Group, whose biggest client is Apple, is to invest $US40 million in the United States to boost its high-end production chain. The move, welcomed by the US government, is part of the growing trend to seek a non-China outsourcing location. The world’s biggest contract electronics manufacturer will

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Power Of Preparation In Supply Chain

The Power Of Preparation In Supply Chain, Better Results

The Power Of Preparation In Supply Chain When implementing a new Information Technology system, companies often neglect the preparation step and the story always ends with failures. Indeed, the lack of preparation is the first mistake to avoid. Preparation is the basis of the entire implementation process. Your results will depend on how you prepare

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Ford To Recall Escape SUVs For The 7th Time

Ford To Recall Escape SUVs For The 7th Time

Ford to recall Escape SUVs due to fuel leaks.Car owners are generally not pleased on hearing about manufacturer recall of their vehicles, yet once again, those owning the 2013 Ford Escape SUVs will be affected. U.S. automobile giant Ford is to recall two more types of the popular model worldwide to fix oil and fuel

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Ship Is Sinking, Business Transformations

When The Ship Is Sinking: Focus On Plugging The Hole In The Hull

The History of Ship Is Sinking. My sabbatical from writing blogs over the past few weeks has been interrupted. Besides my day job of consulting, I was focusing on finishing my second book “Know When to Outsource, and How to Do It Well: Outsmart, Outprofit, Outsource”. However, after reading a Harvard Business Review blog

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5 Best Tips For Social Media Use In Supply Chain Business, Social Media Successfully

5 Best Tips For Social Media Use In Supply Chain Business

SUPPLY CHAIN BUSINESS AND SOCIAL MEDIA. Social media are amazing because they allow you to interact directly with visitors, which could be a great help for your business. This term covers a large range of websites, and it can refer to social bookmarking (Del.icio.us, Blinklist, Simpy), social news, social networking (Facebook, twitter, etc.), social photo

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Business Models Are Now Obsolete, Business Models, Supply Chain Models

Why Supply Chain Models Have To Change For The Better

The Story Of Supply Chain Models In his book The 5-STAR Business Network (http://bit.ly/5-STARBN), Vivek Sood exposes the results of his researches on the organizational structure of companies. Companies used to follow the model of a traditional organization structure as in the following figure: However, the global business world has changed and this structure is no longer

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Complexity Management-Challenges and Opportunities in Today's Supply chain

Complexity Management

Although this title can seem a little absurd, this article aims at understanding better the principles of complexity management. In effect, complexity is a large concept, which usually seems unmanageable for most managers. Let us start with the pillars of complexity management for businesses. Strategy Alignment with Complexity Management Most projects fail because this condition

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Amazon And The 5 STARS

Amazon And The 5 STARS

Amazon And The 5 STARS We already defined the importance and features of a successful business network, through the necessity of 5 key cornerstones – Fire-Aim-Ready Innovation, $eed-to-$tore Efficiency, Transaction Optimisation Profitability, Advanced Product Phasing, and Results-focused Outsourcing and Modularisation – in the previous article. Now let us prove it by taking an example, which

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Western Businesses

5 Slow Poisons Are Killing The Western Businesses And Making CEOs Jobs

(Sydney, Australia based Vivek Sood is the world’s foremost authority on Global Supply Chains which are the commercial engines sitting deep within modern economies and driving them. He is a Chartered Financial Analyst (CFA), and has done courses from Harvard, MIT, and University of London. As the Managing Director of Global Supply Chain Group, he

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Supply Chain Business

Amazon’s Drones – How Useful in Supply Chain Business?

Supply Chain Business Amazon is known for its bold moves, innovation and customer centric thinking. Just yesterday it released a video of drone delivery of customer purchases from its warehouse and fulfilment centre which became the talk of the town. Regulatory and technological issues apart, I will only take a supply chain perspective in this

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Business Network

5 Star Business Network : How To Develop A Strong Network

About Business Network Developing a “five star” business network is not as hard as it seems. People say that to develop a powerful network requires years of hard work. However, all it requires is three things: knowledge of who you would like to develop a connection with, your purpose for connecting and knowledge of the

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Social Media Marketing

Social Media Marketing : 5 Must Know Things

SOCIAL MEDIA MARKETING. Although social medias are obviously helpful tools of communication for your business, there are some things you should know before initiating any strategy. In fact, you cannot implement an appropriate social media strategy if you do not know the bases and the common traps. Then, this article aims at underlining a few

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Complexity While Expanding Your Business

How To Easily Manage Complexity While Expanding Your Business

Complexity While Expanding Your Business We have to admit that the world has become more and more complex over the past centuries, and it is even truer for the past decades! We are interested in business and it is not less obvious about it. Interaction and interconnectivity between people are a proof of this increasing

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Effectiveness Outsourcing Business

How Easily Maximise Efficiency And Effectiveness Outsourcing Business

Learn More Effectiveness Outsourcing Business In his book The 5-STAR Business Network (http://bit.ly/5-STARBN), Vivek Sood talks about prophecies coming from an article written in the Harvard Business Review in 1999. Efficiency And Effectiveness Outsourcing Business Although this article was written almost 15 years ago, the authors, John Hagel III and Marc Singer, were very forward thinking about companies.

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Corporate World Look

Why Should The Corporate World Look To Egolessness In 2014

The Corporate World Look In Supply Chain 2013 has been a breakthrough year for the top echelon of professionals around the world. One of the reasons, in my view, is the focus on mindfulness. For the first time, I have seen the corporate world embrace a practice adopted in the personal lives of many masters

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Business CEO

Why Most CXOs Will Never Make It To Business CEO?

CXOs will never make it Business CEO Kevin was a brilliant finance executive. After doing a few years in an accountancy practice he had joined a company in its finance department and steadily risen in rank over the years to become its Chief Finance Officer. The board trusted his numbers as well as his prudent

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Globalization Is Inevitable

Globalization Is Inevitable – Prepare For It

About Globalization Is Inevitable When we renamed our company Global Supply Chain Group in 2006, the key thought running in my mind was that despite clear and evident trend of globalisation – most companies still ran their supply chain on a regional basis. Many of our clients see value in global integration of their entire supply chains – while

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Apple Business

Will Samsung Use Galaxy S5 To Eat Apple Business Lunch?

About Galaxy S5 To Eat Apple Business The world’s biggest smartphone maker has struck again with the announcement of its flagship Galaxy S model to hit stores this April. Samsung Galaxy S5, unveiled at the Mobile World Congress in Barcelona on Monday, features fingerprint technology similar to Apple’s latest iPhone 5S. Samsung also packs a

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Australia Leads The Way To Globalisation

Australia Leads The Way To Globalisation With Triple FTA

About Australia Leads The Way To Globalisation Australia is talking with ministers from Japan, Korea and China to finalise Free Trade Agreements with the trio ahead of Tony Abbott‘s visit to Asia in April. On Wednesday, Japan’s Farm Minister Yoshimasa Hayashi and Australia’s Trade and Investment Minister Andrew Robb failed to reach a consensus on tariff elimination. However, they confirmed negotiations would still be underway to

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SUPPLY CHAIN 3.0

HOW SUPPLY CHAIN 3.0 CAN LEAD TO TANGIBLE BUSINESS BENEFITS

About Supply Chain 3.0 In this series, I will address the second question raised at the start of the previous blog series – “What are the benefits of supply chain 3.0?” Before answering that question, let me go over the three type of responses I generally get when I explain to people that supply chain 3.0 is real.

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Success in Supply Chain

There Is Only One Key To Success in Supply Chain

Business books, blogs and literature are full of secrets of success. A recent experience taught me that it need not be too complex. Why Do I Call It The Only One Key To Success in Supply Chain? Hopefully, that will be clear in the next 5-10 minutes it takes to read about this incident.

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Business Executives

What Business Executives Can Learn From The Story Of Brazil’s

Business Executives of Brazil’s Soccer In the early 90s, more than two decades since its last World Cup championship title, Brazil hungered for the trophy more than any other country on earth. Yet the scars from its 1950 campaign were still not totally erased. Dubbed as the saddest day in Brazilian soccer history, July 16

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Business Industry

Barnes And Nobles – Another Nail In The Publishing Business Industry?

Business Industry Network As predicted in my book 5-STAR Business Networks when a product category, its current form, reaches the end of its life-cycle, the supply chain interaction between the supply chain partners becomes rather unpleasant and coercive. The reason is clear enough. Long standing supply chain relationships are tested as a result of falling

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Helping To Keep Sports

Helping To Keep Sports Barrier-Free in Global SC Group

Everything You Need To Know About Helping To Keep Sports Barrier-Free If there is one thing that could unite the spirits of mankind, amid all the chaos and turmoil in the world, it is sport. Whenever there is a large-scale sporting event, such as the World Cup or the Olympics, people gather, share and watch

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Business Networks Of Supply chain, Rebalancing The Supply Chain Company, Does Your Supply Chain Company Have Second-Class Citizens?

Art Of Harmonious Rebalancing The Supply Chain Company

The Art Of Harmonious Rebalancing The Supply Chain Company Many years ago, I was engaged in a strategic transformation project in a mid-size airline. For some curious reasons the airline was of critical importance to the national economy and occupied a very high position in the national political totem pole.

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Importance of KPI in Supply Chain, Supply Chain Network

Importance of KPI in Supply Chain- Try these tricks!

Importance of KPI In Supply Chain Network I came across the following picture on the blog of Thaku Huni and the thought struck me about a situation I encounter quite frequently: Importance of KPI In Supply Chain If you asked any objective person about the KPIs of the group of six men above – most

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Business Networks Of Supply chain, Rebalancing The Supply Chain Company, Does Your Supply Chain Company Have Second-Class Citizens?

The Transformation – Business Networks Of Supply chain

Business Networks of supply chain There I was – stranded at the Heathrow Airport again – and cursing myself for trusting British Airways and Heathrow once more. However, when it comes to its alliance partners, Qantas leaves a lot to be desired. Every time I fly out of Australia to Europe, I face a choice – whether

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The Global Business Networks Shortening

Are The Global Business Networks Shortening The Success Cycle?

The Global Business Networks are Shortening The first business book that I read was “In Search of Excellence” by Tom Peters and . It was a gushing account by two ex-McKinsey consultants truly in search of excellence among American businesses, and plethora of advise that to my then untutored mind (after all, I was still

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Profitable Business Transformation Using Supply Chain

The 5-STAR Business Network Interview- TRANSCRIPT

Topic: The 5-STAR Business Network Interview Interviewer: Ric Bratton of This Week In America Interviewee: Vivek Sood of Global Supply Chain Group (author of The 5-STAR Business Networks) Here is the entire transcript of the interview: 5 STAR Business Ric Bratton: Welcome back everybody!

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Global Supply Chain

The Right Way To Improve Your Supply Chain?

Supply Chain Management (SCM) Supply Chain Management (SCM) is an essential element of operational efficiency. SCM is critical to business operations, therefore it is clearly important for a company to know, understand and master the supply chain. Supply chain’s evolution can be break down into three generations.

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Asian Bankers Summit Supply Chain

Key Themes From The Asian Bankers Summit of Supply Chain

THE ASIAN BANKERS SUMMIT OF SUPPLY CHAIN Despite a high level of participation, and over 1,000 attendees, the mood was rather sombre. I enjoyed the frank and realistic discussions and tried to attend as many sessions as my limited schedule permitted. I am a Chartered Financial Analyst (CFA) for the last 14 years, and attend

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Professional Income In Supply Chain

How To Increase Your Professional Income In Supply Chain?

Many professionals in the business world wonder how to increase income, at least every few weeks.How To Increase Your Professional Income. Want To Legitimately Increase Income in Supply Chain? No doubt, in the long run, you get paid for your results. Results are derived from two critical factors – skills and dedication.

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Who Is To Blame For The PC Sales Debacle

Who Is To Blame For The PC Sales Debacle?

The results are in, and for PC sales they are neither good nor bad – but ugly! The pundits are out to find a scapegoat – and the most convenient scapegoat at the moment is Microsoft. The PC sales Debacle. For example see this report in today’s Wall Street Journal – which hails Microsoft’s mea culpa.

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Supply Chain Optimisation

What is Supply Chain Optimisation and How good is it?

What is Supply Chain Optimisation? System demos are tedious things at best. The developers are trying to showcase the best aspects of their baby in best possible light. They have spent months, sometimes years, thinking about and developing functionality. It is really a big ask to show off the usefulness of it all, in half

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Global Supply Chain, Benchmarks In Supply Chain Management

Uses And Misuses Of Benchmarks In Supply Chain Management

There Are Lies, Damned Lies And Statistics. Benjamin Disraeli Benchmarks In Supply Chain Management. Benchmarks are a peculiarly virulent form of statistics which can be used to make a positive change, or misused to make a dodgy sale. On one hand a benchmark, such as a world record in 100m race, can motivate an athlete

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Determines Success Of Your Company

Why Successful Business Networking Are Important?

Extract from the book “The 5-Star Business Network”, written by Vivek Sood Why Successful Business Networking Are Important? 5 Star Business Networks There was a time, not more than a few decades ago, if you were General Motors you would attempt to own every part of your business. The assembly lines, the parts manufacturing plants,

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Your Business Network

3 Benefits Of Your Business Network – Outcompete Anyone

About Your Business Network Thought leaders have a five star business network. They leverage of the value created by their business and supplier contacts to outcompete rivals and stay relevant. Your business can outcompete rivals too using its network. There are a number of ways your business can achieve this goal.

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Green Supply Chain

Life Cycle Management Benefits: Green Supply Chain

How Will Green Supply Chain Be In The Future. Green Supply Chain revolutionizes the company; indeed, throughout supply chain, Green Supply Chain planning enables to minimize the environmental impact of the overall endeavour while still achieving the same results. Everything is the Life Cycle Management:

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Green Supply Chain: Procurement

Implementation of Green supply chain : Procurement

Green Supply Chain: Procurement Procurement also known as purchasing is “Securing supplies, materials, and services of the right quality in the right quantity at the right time from the right place (source) at the right cost price”. So the procurement in traditional supply chain could procure you the best possible cost to meet the needs

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Traditional And Green Supply Chain

5 Things To Know About Traditional Green Supply Chain

Traditional Green Supply Chain In a traditional supply chain, the flow of materials and information is linear and from one end to other. There is a limited collaboration and visibility. Each supply chain partner has limited information regarding, for example the carbon footprint and Green House Gas emission of the other partners.

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Benefits Of Green Supply Chain

Following are some of the key benefits of Green supply chains: Positive Impact On Financial Performance Despite ample evidence to the contrary, there persists a myth that going green costs additional expense. Some of the factors responsible for persistence of this myth are inertia, the lack of a systematic approach and an unwillingness to engage

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Drivers Of Green Supply Chain

Drivers Of Green Supply Chain

There are five type of environmental stakeholders group who drive green initiatives within an organization: 5 Drivers Of Green Supply Chains Management That Will Actually Make Your Life Better 1. Regulatory stakeholders, who either set regulations or have the ability to convince governments to set standards 2.

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Corporate Social Responsibility

Why Corporate Social Responsibility Matters and What is GSCM

Why Corporate Social Responsibility Matters ? One of the best definitions of Corporate Social Responsibility is perhaps provided by Archbishop Desmond Tutu’s The Benchmark Foundation. It states: “Corporate Social Responsibility (CSR) is the decision-making and implementation process that guides all company activities in the protection and promotion of international human rights, labor and environmental standards

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Supply Chain Business

The Effects Of Enterprise Resource Planning (ERP)

The Effects Of Enterprise Resource Planning To combat the symptoms of departmental silos many organizations implement a very rigid Enterprise Resource Planning (ERP) system. This helps run their internal processes and coordinates inter-departmental communication. By their nature, these systems are very formulaic and prescriptive with a one-size fits all approach to planning.

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BUSINESS MODELS ARE NOW OBSOLETE?

A Revamped Business Model: The Introduction Of Customer Centric

Learn All About Revamped Business Model New challenges need new responses. The common organizational model looks like the generic drainpipe structure, meeting the mammalian need for an ordered hierarchy and flow of power within a business. Most companies have evolved in the last 2 decades and their functioning has become almost entirely customer centric.

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Confronting Business. 5-STAR Business Networks News

Business Network Systems- 5 Ways To Turn Around Company

Business Network Systems There are a number of factors that have ensured that business have been struggling in the current economic environment. Technology has made many business models defunct, incomes and profits are falling due to cost cutting and price conscious consumers and off-shoring has hollowed out entire industries.

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Are You Making What You Are Worth

Are You Making What You Are Worth

One of my posts on LinkedIn sparked a lot of interest and a healthy debate. I am not sure about the reason for interest but seems like people agree with the above statement, as well as its reverse: The person who does less than s/he is paid for, will soon be paid less that s/he

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Causes Supply Chain Confusion

Supply Chain Confusion : 11 Causes With Best Solutions

My last post “Supply Chain Confusion could kill your business“ generated several great comments from highly qualified professionals around the world, and in this post I want to explore the reasons for the confusion. Obviously, the confusion is debilitating, and unprofitable. I am sure readers will have their own experiences with the confusion in supply chain world,

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Mind The Gap

Mind The Gap

About Mind The Gap Why do companies achieve far worse performance than what could be feasible with their superior hiring and training capabilities? It appears as if there are some invisible chains that are constantly pulling these companies back all the time. Something significant yet intangible is acting as a brake that inhibits the functionality

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Industrial Age Tools

Industrial Age Tools Vs Information Age Weapons

Industrial Age Tools Vs Information Age Weapons This is the part 2 of my earlier post What I Learnt Fighting Pirates (Not in the Caribbean)! (that post was getting too long, so I had to break it into two parts). I asked bosun to send a repelling party to cut the ladder and the scrambling rope, While

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Our Corporation Responsibility Ideas In Action - Boutiques Consultants and Super Specialists

Ideas In Action Make The Best Teams (1)

Ideas In Action A switched on team of senior management makes all the difference. No matter which part of the world, and how unfamiliar the concepts are – an interactive team will always find how to use ideas for their business. I recently had the pleasure of interacting with the chairman and top management team

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Supply Chain Management Software

Supply Chain Management Software And Systems – Biggest Problems No.1 Poll

Supply Chain Management Software, Executives, managers and businessmen encounter a multitude of problems while deciding, selecting, implementing and using supply chain management software. We have created a poll to stimulate discussion on the most common problems. Please participate in the poll and use comment section to share your experience. Here is the link to the

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Business Models

Business Models – New Unique Perspective 101

Old Business Models Are Getting Redundant When General Motors filed for Chapter XI protection in 2008, it also marked the closing of a type of business models in modern commerce. General Motors was seen as the paragon of modern American management theory as popularized by Peter Drucker in the middle of the twentieth century.

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Globalisation

Globalisation – Big Solution That We Need For Today’s Big Problems

How Will Globalisation Be In The Future. No matter which country you look at today – you see big problems. Emerging problems are currently grappling with massive monetary expansionism triggered by a need to keep currency stability in face of periodic bouts of Quantitative Easings. For example see the article “Rajan Warns of Policy Breakdown as

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CEO For Microsoft

CEO For Microsoft – Why Satya Nadella Is A Good Choice ?

CEO For Microsoft CEO FOR MICROSOFT. CEO Wires are abuzz with the talk about Satya Nadella – who seems to be the front runner for the job of Microsoft CEO. Many profiles have emerged online – e.g. see the article Satya Nadella: CEO For M The man who may soon become Microsoft CEO. Google’s Sunder

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Big Data in Supply Chain - No. 1 Issue With It

Big Data in Supply Chain – No. 1 Issue With It

Troubles in big data are starting to emerge. Big Data in Supply Chain I have written about these earlier and warned the clients to first make sure their small data is working as intended before jumping into big data. If you cannot control your small data, your ERP system, your EIS or your cloud then

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Amazon Shipping Items

Amazon Shipping Items Before You Order It: Creepy Or Savvy?

How Amazon Shipping Can Ease Your Pain After delivery drones, Amazon has created yet another news sensation! This time with predictive shipping and patenting it. In this article, Cathy Morrow Robertson describes Amazon’s latest leap: “Based on previous orders, product searches, wish lists, shopping cart contents and other online customer experiences,

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Supply Chain 3.0

SUPPLY CHAIN 3.0 IS REAL, AND HERE NOW (Part 3 Of 3)

SUPPLY CHAIN 3.0 In the last entry, I have talked about the first two pillars underpinning Supply Chain 3.0. So, what are the other three key cornerstones? Transaction Optimisation Profitability (TOP) measures the ability to simultaneously minimize the costs, and maximize the revenues on each transaction that a company enters into. Consider this – there are companies today that

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Miles Of Amazon

THE LAST MILES OF AMAZON COMPLEXITY NETWORK

Miles Of Amazon Complexity Network Rivers become amazingly complex in their last few miles. If you have not yet done that try and navigate the Amazon delta from the sea up to the river – it is an enlightening experience. As a former ship’s master, I have had the privilege of navigating up a number

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