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 […]
How Supply Chain Strategy Can Help You Resolve The Innovators’ Conundrum
This is a million dollar question for most companies – start-ups or conglomerates. A lot of time and money is wasted, either because the companies do not bother to ask this question in time, or try to answer it in the wrong way. Here is a story:
Value of Trust in Supply Chain Management
Why Trust in Supply Chain Is Important?Recently, the value of trust in supply chain was brought home to me in a graphic manner. An owner of a medium sized business (who was trying to be one of our well-wishers) showed me (and one of our new recruits in sales management department) the way they were […]
How Organizational Silos Can Ruin Your Supply Chain
Organizational silos are based on the division of labor, on organizing the labor in such a way that each individual specialized in what he/she knows best, so that it can all be integrated in such a manner that a cohesive whole which is created in the result is much better in quality and much cheaper […]
Your Business Network is your Business’ Net Worth
— Excerpted from the introduction of THE 5-STAR BUSINESS NETWORK Business Network is now the engine of the society and it will need newer models of commerce to fast track the recovery. Hollowing out of skills out of entire societies without replacing them with another set of useful skills, very high level of youth unemployment […]
A Company Is Known By The Company It Keeps – 2
There I was – stranded at the Heathrow Airport again – and cursing myself for trusting British Airways and Heathrow once more. Every time I fly out of Australia to Europe, I face a choice – whether to fly the national airlines Qantas, or another airline such as Singapore Airline or Emirates. Most of the […]
Will Alibaba and its 40 million accomplices ride roughshod over Corporate America?
Now that all the factories have moved to China (or some such places as Vietnam, Bangladesh, Taiwan), and all the customers have moved to the PC (or some such places as mobile phones or tablets) what will happen to all the middlemen? The retailers, the wholesalers, the shopping centres, the warehouse parks, the dealers, the […]
Caveat Emptor – Buyer Beware
www.outsourcing3.com Beware the Story: Trust Your Emotions AND Verify All Facts Less that two-thirds of all outsourcing succeed because of the way human brain functions. If the croc-brain takes over the survival instinct kicks in and the decision is purely instinct or emotion based. However, if the modern neo-cortex takes over the decision is purely […]
How to Prepare Simple, Effective Cost Management Reports (part 1)
By Doug Hudgeon The Cost Reduction Tip Effective management accounts are critical to a cost reduction initiative. Without it, your stakeholders can’t see that their pain is justified. It’s like the difference between running on a treadmill (without a watch or odometer) and running through the countryside. If you have a destination and can track […]