What Is The Easiest Way To Cut Warehousing Logistics Cost To Minimum?
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 number runs in thousands, when you count the suppliers, customers and other supply chain partners of clients and customers) have sometime or other complained about running out of warehousing space. […]
If You Mistake Someone’s Technology for Their Competence, Then Who is Incompetent?
Impressive things are difficult to forget. And, sometimes difficult to describe in a manner which does full justice to their impressiveness. Let me make an attempt using what sticks in the memory after the last decade or so. We were at a presentation by a fairly large logistics company who were incumbents at a client […]
Why Logistics Companies Get Away With Extra-ordinary Practices and Pricing?
No other industry, barring IT, treats its buyers with as much disdain and contempt at the logistics industry. To make it palatable they mix just the right amount of respectful words in between. If you are not exposed to the world I am talking about, I am sure you would find this hard to believe, […]
How Far Would You Go To Secure Continuity of Supply?
It is a legitimate question on supply chain security – How important is continuity of supply to you? How far would you go? Would you commission an act of aggression, if that was the only way of assuring supply chain security to keep the supply lines open? Would you go further than an act of […]
What is the Most Effective Strategy to Massively Slash Shipping Freight Costs?
Freight costs reduction is almost always the last frontier in the cost reduction landscape. At the board level, most companies do not pay much attention to their external freight costs. These costs never get the attention they deserve because they are scattered all over the place, and generally out of sight. What if I told […]
The Trouble With Supply Chain Security
Most security professionals do not even know ABC of supply chains, and most supply chain professionals bother about only ABC of security.
How To Get The Biggest Bang For Your Technology Buck
There were only 24 hours left. Tomorrow the board would pull the plug on the project which had continued for well over 3 years. The total costs as per internal calculations had run into hundreds of millions of dollars. External consultants reckoned that when you included the costs of internal resources seconded to the project from […]
What Supply Chain Managers Can Do About Safety Recalls?
If you are in Australia, it is more than likely that you already know this saga. If you are not in Australia, or do not follow the news cycle, take a look at the video below: This happens all too often. Once every few months, in some part of the world, a crisis of similar […]
The Newest Way to Make Your Business Network Great
In his book The 5-STAR Business Network (http://bit.ly/5-STARBN), Vivek Sood mentions the concept of synchronicity, and focus on Carl Jung’s perception of it. The concept of synchronicity has a specific definition in Carl Jung’s mind. For him, it is a causal connection of two or more psycho-physic phenomena. He started to use this word in […]
What Two African Entrepreneurs Have Learnt from Amazon.com – Globalization in Action Serving Humanity
Boasting exponential growth since its inception in 2012, Jumia became the first e-commerce site to bring the coveted Play Station 4 to Nigeria. The company announced the offering after just two days of the release in the US. The Nigerian would-be Amazon is following the global giant’s footsteps in becoming a super networked business, although […]