In business, late inputs from suppliers and customers can create significant risks. Staying ahead of the game requires proactive communication and collaboration to mitigate potential disruptions.
Outsourcing can unlock big gains for organizations if approached strategically. Leaders must consider the potential benefits and risks of outsourcing and carefully select partners for long-term success.
Mastering Advanced Product Phasing (APP) is critical for businesses to sustain market leadership. By developing a deep understanding of customer needs and market trends, companies can effectively phase their product offerings and stay ahead of the competition. In this article, we’ll explore the benefits of APP and provide strategies for implementing this approach in your business. With APP, you can achieve greater customer satisfaction, drive revenue growth, and solidify your position as a market leader.
Fire-Aim-Ready (FAR) is a methodology for mastering innovation and staying ahead of competitors. By focusing on rapid experimentation, this approach helps companies quickly iterate and refine new ideas. In this article, we’ll explore the benefits of the FAR methodology and how it can be used to drive innovation and growth.
In the current global economy, the supply chain can be a volatile and unpredictable entity.
In the ever-evolving global supply chain landscape, having an efficient system is paramount in maintaining a competitive advantage. To achieve this, organizations must optimize their safety stock and transportation to unlock bulk savings and streamlined operations. This article will focus on how improved safety stock and transportation can help reduce costs in the global supply chain while also improving efficiency and customer satisfaction.
As the world becomes increasingly interconnected and globalized, managing a successful supply chain is essential for success in today’s economy. This article will introduce readers to the concept of optimizing undersea pipeline scenarios as a comprehensive approach to global supply chain management. By looking at the complexities of undersea pipeline delivery and exploring different strategies, we can gain insight into how best to optimize a global supply chain for maximum efficiency.
The global supply chain is constantly evolving in order to meet demands for high volume goods. Road transportation is one of the most popular methods of transporting goods across countries, making it an ideal method for optimizing the supply chain. This article will explore the ways in which road transportation can be used to optimize a high volume goods supply chain via a comprehensive supplier analysis. The article will look at the benefits of using road transportation and how it can be used to improve efficiency and reduce costs.
Production footprint optimization is a critical process for businesses that want to remain competitive and sustainable in today’s rapidly changing economic and environmental landscape.
Delivery costs can have a significant impact on a business’s bottom line. Whether you’re delivering goods to customers or transporting products from one location to another, the cost of transportation is a major expense that must be carefully managed.
Supply chain optimization refers to the process of improving the efficiency and effectiveness of the entire supply chain, from sourcing raw materials to delivering finished products to customers.
This book provides an in-depth look into how to maximize logistics savings and efficiency in the global supply chain. It covers topics such as package, freight, facility costs and increased truck transportation to help businesses reduce costs and increase productivity.
Maximizing Freight Truck Utilization offers innovative strategies to optimize global supply chain operations and maximize the efficiency of freight truck utilization. It provides a comprehensive guide to achieving cost savings
In an increasingly globalized world, the complexity of our supply chains can be daunting. The need for effective management of global supply chain operations is essential in order to maintain cost savings and reduce risk. Fortunately, advances in technology have made streamlining supply chain complexity much easier than ever before. This article will explore the different ways that businesses can use technology to simplify their global supply chain operations and improve their bottom lines.
In today’s global supply chain, issues related to inventory management are a top priority for leading industrial companies. For example, a recent problem that had to be addressed was an inventory shortfall. Fortunately, this company was able to solve the issue with an innovative solution: redundant inventory analysis. This method allows the company to identify potential problems with the supply chain and make adjustments accordingly. With this strategy in place, the company can now guarantee that their customers have access to consistent and reliable inventory levels.
The global supply chain is an increasingly important aspect of business operations. From raw material sourcing to product delivery, managing the entire process efficiently and cost-effectively is critical for success. Optimizing your supply chain can help you achieve both storage and freight savings, but it takes a strategic approach. This article will outline strategies for optimizing your global supply chain so that you can reduce costs and improve efficiency.
With convergence, all of these companies are vying for their share of consumer wallets increasingly at that market that y surpasses Microsoft’s. How did it
CREATING NIRVANA- REASON FOR OUR EXISTENCE HOW SUPPLY AND DEMAND CAN MEET IN A PERFECT UNION? “For one brief moment the demand will equal supply
7 Myths of Logistics Outsourcing During the last 30 years, as logistics outsourcing has become a mainstream activity many 7 Myths of Logistics Outsourcing have
Logistics And Supply Chains -Wrong Definitions A closer look at the confusion between logistics and supply chains by Stuart Emmett Stuart Emmett co-operated with our very
Amazon is one of the most valuable companies in the world, and its success has been unparalleled since its humble beginnings.
Collaboration Is The NEW Advantage in Supply Chain For decades, if not centuries, economists have been extolling virtues of competition. No doubt, competition unleashes forces
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
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
We have compiled a list of 20 criteria you should consider before adding a 5-Star Business Network to your business strategy as well as how to evaluate your business network. 20 Questions for Business Strategy
About E-Bay And Amazon Beware of Alibaba’s coming IPO The world’s biggest e-commerce company is set to go public in the world’s biggest retail market, the latter is true at least for now. Alibaba announced its decision to “commence the process of an initial public offering in the United States” on Sunday.
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
As you can see, supply chain 3.0 is for everyone, small and big companies. Now let me demonstrate the concrete benefits of having supply chain 3.0 and I promise these are not dull or irrelevant stories. Supply Chain 3.0 Helps Leverage Your Business Infrastructure Over the past several decades, both the global economy as well
Business Model Transformation In the previous blog in this series I wrote about the Brazilian soccer teams transformation from an individualistic style of play to a network style game. In early 90s, more than two decades since the last World Cup championship title and Brazil faced an interesting juxtaposition – continue with what led to
This is the concluding entry in this series of blogs – where I reminisced about my experiences from learning to play hockey in India, and watching Brazilian soccer transformation over the past several decades. In the first blog in this series I wrote about the Brazilian soccer teams’ transformation from an individualistic style of play to a network
Why is the new Amazon Smartphone Is A Dud ? As a strategy – it is doing what Apple did with iTunes more than a decade ago – build a walled garden for your customers to play within. The strategy rests on two assumptions – first, that the customers will not find a jailbreak, and
HAPPY NEW YEAR – 2015 As the clock strikes midnight it’s time to bid farewell to 2014 and welcome the current era! This is an
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.
Good As The Data They Have . One of the reasons I invest so much time and resources of our company in keeping current with the information technology is that good supply chain depends almost entirely on good information. And, your information is only as good as the
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.
Learn More Supply Chain 3.0 In the previous blog entry of this series, I have outlined a customer centric business model, which is also captured in my book The 5-Star Business Network. Now let us delve into the evolution of supply chain models, or how Supply Chain 3.0 came about. In the old model of supply chains, businesses used to relate to each other in
It appears a bit extreme now – but it was very common at time when I was a navigating cadet. Learn More Strategy Is An
Supply Chain Problem Maturity Differs At Each Stage There is a common assumption that every company’s supply chain should be similar, if not the same.
Fire-Aim-Ready Innovation (FAR) This article is an extract from The Five Star Business Network, written by Vivek Sood “It’s really hard to design products by
How Will Asian Banker Summit 2015 Be In The Future On 14 – 16 April 2015 in Hong Kong Convention and Exhibition Centre, Hong Kong,
Business Transformations Of Supply Chain Global shipping is a very cut-throat business where you can make a lot of money just by buying and selling
Nokia’s Supply Chain Business Virtually all its shareholders gave their approval, and with a stroke of pen the Finnish firm that once dominated the global
The Mysteries Of Supply Chains I have been asked this question a lot on Quora, as well in my board and other speeches. A lot
Integrated supply chain management – ISN’T IT TIME TO LOOK AT YOUR COMPANY’S NETWORK AND SUPPLY CHAIN WITH A NEW EYE TO TAKE IT FROM
Supply Chain And Logistics Recently, obstetrician Dr Liu Hongmei hit global headlines when she disclosed the story of a young couple who came to her
The Modern Rules Of Guide To Supply Chain. It Is Ironic That Though The CFOs Are At The Absolute Center Of The Universe Within Their
Common Between Enron And Bitcoin I was at a Melbourne Cup luncheon yesterday, and someone asked me why I do not write about Bitcoin. On
Bad Management Consultants Although I am writing this blog post to note down my precise thoughts just for a handful of people, it might be
The Reason Why Everyone Loves Supply Chain Security. People often wonder where the best opportunities for start-ups are. Supply Chain Security space is getting a
Spent More Deposit with Supply Chain Company Someone asked me this question on a popular social platform. The subtext was this: What kind of discount
It is a legitimate question on supply chain security – How important is continuity of supply to you? How far would you go? Would you
The Supply Chain Technology For Their Competence Impressive things are difficult to forget. And, sometimes difficult to describe in a manner which does full justice
Very few companies seem to have enough warehousing space. Almost 80% of the companies I have interacted with as part of my projects (and that
A Tale Of Two Companies Supply Chain Governance Both Nokia and Ericsson had experienced business disruption to an equal extent. The two stalwarts in the
HIGH DEMAND FOR SUPPLY CHAIN EXPERTS Abstract of Supply Chain Experts Almost every supply chain needs to be restructured in the wake of COVID-19 and
Supply chain managers’ salary is the subject of intense speculation for the last decade or so. Human Resources (HR) Managers have often asked us about
How Effective Supply Chain Leaders Can Ease Your Pain. This blogpost is likely to be controversial because it will likely make almost every reader unhappy
If you have been a senior executive in the corporate circles for just a few years, you already know the truth about this great fight
About Supply Chain Spiraling Expectations from Supply Chain personnel have never been higher, and the reality of global supply chains has never been direr in
Multimodal Shipments A Big Deal Rarely does an international shipment use a single mode of transportation. It is common to combine multiple modes – such
Supply Chain Control The most difficult part of supply chain management is checking up on adherence to the supply chain plans. It does not matter
All You Need To Know About Transportation Management System. Many companies make do with Excel spreadsheets, paper invoices and back of the envelop calculations for
Information Technology Tools We are asked this question in a number of workshops and public forums. That is not surprising – after all the question
Supply Chain Management Planning And Execution Needs Decision Making For a human to be switched on 24/7 and make real time decisions as soon as
