SUPPLY CHAIN CASE STUDY Inventory Shortfall Analysis Pitfalls of Supply Chain Excess redundant inventory Forecasting demand error Overstocking SUPPLY CHAIN NETWORK RECONFIGURATION Solves Inventory Shortfall
SUPPLY CHAIN TRANSFORMATION CASE STUDY Optimizing Supply Chain for Storage and Freight Savings Flows of Supply Chain Management Freight Operation Optimized Storage Reducing cost of
SUPPLY CHAIN TRANSFORMATION CASE STUDY Comprehensive Product Family Profitability Analysis Illustrating Maximizing Profit of Supply Chain Management Star and dog products Inventory management Freight challenges
Why traditional sales and operations planning (SOP) does not work anymore, and what can companies do to bring SOP into the twenty-first century.
The role of sustainability in the Supply chain As the industry continues to grow and evolve, sustainability is becoming an increasingly important factor in decision-making. It is imperative for organizations to recognize the role of sustainability within their supply chain and understand how it can contribute to improved performance.
There is no doubt that confusion in supply chain is rampant in almost every company. While some of it is expected due to the very nature of the job, a lot of confusion can be avoided by taking some simple steps.
5 key cornerstones of a super networked business What is the secret of Amazon’s Success? AMAZON, AMAZON! ONE OF THE MOST EXCELLENT COMPANIES AMONGST ALL
6 Reasons why supply chain strategies fail It is not a secret that many, if not most, supply chain strategies fail to achieve their full
Retail Supply Chain Is Going Through A Massive Shift. So much so that big names such as Walmart has decided to adopt the “bargain” strategy
Write More About Corporate in Supply Chain By Stuart Emmett Much has been said about how suppliers should be managed by procurement. Indeed one view (Supply Management
How To Get People To Like Re-Thinking Supply Chains A Look At Rethinking Supply Chains By Stuart Emmett Stuart Emmett co-operated with our very own Vivek
The Cost Reduction Tip In the Eric Carle children’s story, The Mixed Up Chameleon, a chameleon attempts to become the perfect animal by adopting the best parts of different animals, e.g. an elephant’s trunk, a giraffe’s long neck etc. At the end of the book, he’s so mixed up that he cannot catch flies.
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
Corporate Social Responsibility In INDIA (Part I Overview) Corporate social responsibility must not be defined by tax planning strategies alone. Rather, it should be defined
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
Life Cycle Engineering On Supply Chain Advancement in technology and the abundance of raw material has resulted in the increased consumption of products and services
About More Global Strategy Implementation When you make decisions for your business, many things have to be taken into account. Besides, nowadays, strategies have to
About Retail Supply Chain strategy Digitization of Retail Supply Chain Strategy is creating strange consequences. Here is one example: Analysts are openly questioning the survivability
As the world’s largest company by market capitalization, Apple has long been an example of success and financial stability. However, the latest wobble in the company’s share price has some investors worried.
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
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
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
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
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
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
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
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 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.
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
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
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
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
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
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
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.
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,
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,
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
Nobody sets out thinking, I have no purpose for bringing this technology into our company, but I will do this anyway (well a few rare
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
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
Supply Chain Transparency. The global fast food franchise has recently released a video showing how McNuggets are made to curb rumours about nasty ingredients. In the clip, supply chain manager Nicoletta Stefou from McDonald’s Canada headquarters walks the audience through the process, with particular emphasis on how “pink goop” is never part of the production
A Valuable Lesson in Supply Chain There I was sitting across the desk from the legendary fleet commodore of my company. As a junior officer I could sense the power of the man who had led some of the most daring, and most successful sea voyages of his time.
Ten Various Ways To Do The Rat Race. After a while, the rat race tires you out. Even if you are winning the race, you
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
“Call it a clan, call it a network, call it a tribe, call it a family. Whatever you call it, whoever you are, you need
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
Supply chain data First let me start with a story. I have some personal experience in 1990 with this ancient mariners’ rhyme:. The Rime of
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
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
About Supply Chain Security I know that Supply Chain Security is not the top of mind of anyone. Least of all for people who are
Startling Statistics Consultants Supply Chain I came across startling statistics which prompted a new line of thinking that I wanted to share – hence this
EXECUTION IN SUPPLY CHAIN BUSINESS I was talking to the three senior executives of a fairly large business. They were very happy with the business
How to cope with Supply Chain Disruptions Resulting From Covid-19 I was prompted to write this blog post because of emails on LinkedIn like this
Flaw In Most S&OP Meetings in Supply Chain Business The biggest and most common flaw is that S&OP meetings are oriented in the past. This
Business Transformation Is Different Than Change Management Almost everybody who has anything to do with creating any change inside a company calls himself or herself
Confusing State Of Supply Chain (SCM) If you are confused about the SCM, you are not alone. Thousands of people around this world express frustration.
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 Group Without Corresponding Skills As the concept of supply chain management became increasingly popular in the mid 2000’s or so, many companies renamed
Supply Chain Management The most fundamental requirement is that the decision makers have a good understanding of supply chain management itself. The key reason that
