The modern global supply chain is a complex system of relationships and processes that requires experienced, yet humble, transformational partners in order to reach its highest levels of excellence.
Category: Supply Chain Digitization
External expertise is essential for unlocking business success and avoiding blind spots. Leaders should leverage the knowledge and experience of external partners to identify and address potential challenges.
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.
Organizations must balance cost reduction and competitive drivers to avoid blinkered vision. A myopic focus on cost cutting can lead to missed opportunities and lost competitive advantage.
In today’s interconnected and globalized world, efficiency and effectiveness are essential for businesses of all sizes.
In today’s changing global economy, successful business transformations require clear responsibilities and ownership.
Learn the common reasons behind failed business transformations and strategies to overcome them in this comprehensive guide. Avoid costly mistakes and drive long-term success for your business.
Results-Focused, Modularized Outsourcing (ROM) is a powerful approach for maximizing efficiency and cost savings in business operations. By breaking down complex processes into modular components and outsourcing specific tasks to specialized providers, companies can achieve greater flexibility and scalability while reducing costs. In this article, we’ll explore the benefits of ROM and provide strategies for implementing this approach in your business. With ROM, you can streamline your operations, reduce overhead expenses, and focus on core competencies, leading to improved profitability and long-term success.
How can I fine tune my business model and the 5-STAR network continually as the circumstances change? What have other companies in my industry and region done as customer preferences evolve, newer suppliers become available, newer technologies come to the market and competitors change their strategies?
In the ever-changing business environment, companies are constantly having to adjust and fine tune their business models. This article will explore how companies can make sure their business model is up to date with customer preferences and industry trends, particularly relevant to those in the global supply chain. It will look at the 5-STAR network and discuss how other companies in similar industries have adapted to changing circumstances.
Power of data lies in its ability to unveil the bigger picture and clear up the confusion. Data-driven insights help make informed decisions, identify areas for improvement, and gain a competitive edge.
The complex, global supply chain has evolved significantly in recent years. An integral part of its success is the Flywheel Effect.
Creating loyal customers is an essential part of running a successful business.
In an increasingly unpredictable economy, businesses need to build resilience.
How to Identify Supply Chain Bottlenecks in Your Organisation: A Practical Guide for Improved Efficiency
Learn how to identify supply chain bottlenecks and improve efficiency in your organisation with our practical guide. Optimise your operations today.
When you notice everyone is ‘too busy and ‘constantly fighting fires’ be sure to examine the planning process
The global supply chain process is complicated and often times daunting.
The global supply chain is a complex system and its success largely depends on the ability of its stakeholders to collaborate. However, when information hoarding becomes rife and key data is kept to individual groups or companies, collaboration can come to a screeching halt. This article will examine how information hoarding can have devastating effects on the global supply chain, and suggest ways to combat this problem in order to ensure successful collaboration between all parties involved.
In today’s global economy, the success of a company is often largely determined by its supply chain. The ability to effectively plan and manage the supply chain plays a large role in maintaining a successful enterprise.
In a world that is becoming increasingly interconnected, the global supply chain has become an integral part of successful businesses. However, companies often fail to recognize the importance of prioritizing customers over internal focus in order to remain competitive. This article will explain why companies should break away from outdated methods and prioritize customers in order to keep up with changes in the global market.
The future of supply chain is an important and ever-changing topic. It is a critical aspect of many industries, including retail, manufacturing and healthcare.
The History of Sustainable Packaging Industry. It packs a lot in a small space, efficiently uses the minimum amount of resources, it’s not a product
By Stuart Emmett
About Individual of Supply Chain Business By Doug Hudgeon The Cost Management Tip by hudgeon- As I’ve planned my upcoming tips, I’ve been pondering which
By Doug Hudgeon
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.
Doug Hudgeon is one of the leading experts on cost reduction and supply chain management. With years of experience in the field, he has a wealth of knowledge that can help companies reign in their costs and become more efficient.
By Doug Hudgeon The Cost Reduction Tip When looking at cost reduction opportunities in an area, you should start by assuming that you can remove
News Release Contact: Angela Crown, [email protected] Due: November 26, 2013 Forwarding: Permitted Intel gearing up to take over the chip making industry. The World’s Biggest Semiconductor Manufacturer Has Announced Plans To Expand The Use Of Its State-Of-The-Art Factories For Other Chipmakers. As Competition Escalates, Intel Hopes The Move Will Push Its Revenue By Taking Advantage
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
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
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
I have set the scene in the first entry of this blog series. Things are changing, moving, and old business models are not working anymore. That is why I proposed even a new organisational model in my book The 5-STAR Business Network from which some of the following excerpts are taken with modifications. SUPPLY CHAIN
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
The Corporate World In 2015 Changing Business Models – Push television/video to YouTube: Videos ad revenues from YouTube in the US would hit $1.13 billion by the end of 2014. In 2015, Google is making a huge change in the way it has been promoting YouTube: they are going to put significantly higher focus on
Most effective business leaders relish the challenge of answering questions such as the following: Which Business Models are Now Obsolete? Business Models Has The Answer To Everything. 1. Why did Apple sue Samsung while it continues to buy critical parts for its winning products from Samsung?
Has Apple learnt the lesson that Dell never learnt? Apple has grappled with this conundrum for a while now – when, if at all, to dump Samsung? There comes a point in every business network when the erstwhile suppliers become more powerful than the ‘customer’.
APPLE AMAZON & GOOGLE – The Battle Of Titans As everybody knows, three giants in the tech and software world have amassed an incomparable power in recent years from their networks and their strategies. With a vast range of products, they have stitched up the market amongst themselves. But what are the strengths and weaknesses
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.
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
Supply Chain Business 911 Although you keep looking for better ideas and new processes, your business keeps struggling to achieve the expected results? Here is some advice you could readily use when you need new ideas to improve your business. In this article, we will try to give you some guidance to help you with
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
About Limitations on Supply Chain This picture prompted me to write the blog post. Like many other people, I am a great admirer of Steve
Strategic Thinking On Centralization The chief mate was on the forecastle with the bosun and 3 sailors preparing to anchor the ship. Master was on
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 Biggest Mistake in Business Transformations In this article I want to focus on the second biggest mistake companies make during business transformations. In case
Amazon’s Threat to Australian Retailer – Some points missing Yesterday (on 2nd November 2017) I happened to briefly glance at the Australian Financial Review –
SUPPLY CHAIN MANAGEMENT. Training has become the norm for a variety of reasons. But before we go into those, let me first state that on-the-job
Supply Chain Control – How To Make Best Use Of TMS For It ?Compliance With Routing And Service Level Agreements (SLA)
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