Big brands are known for their reliability and dependability. They have built a trusted reputation that encourages customers to choose them over other options.
In today’s global economy, businesses must continually undergo transformations to remain competitive and successful.
The complexities of global supply chains require a comprehensive and thoughtful approach to ensure success.
As businesses increasingly globalize and the speed of technological advancement quickens, successful transformation of supply chains is an ever-growing priority.
Modern business has always been a forward-looking endeavour, embraced by those that seek to innovate and expand their operations.
Business transformation is one of the greatest tests that a leader can face.
The complex global supply chain has come to define our current economy.
In today’s ever-changing global market, the ability to transform the supply chain is essential.
The global supply chain is an integral part of many business infrastructure models.
As the globalization of the global supply chain continues to progress, organizations must remain alert for potential issues that could arise from the implementation of new systems.
The global supply chain has come a long way in the past three decades. It has grown, evolved and changed with the times and is now larger, faster and more efficient than ever before.
In today’s increasingly globalized world, the success of businesses is heavily dependent on the effectiveness of their supply chain management. As a result, it is essential that companies have a clear understanding of how their global supply chain operates in order to ensure business survival. Supply chain management involves various processes such as procurement, production, and distribution, all of which must be effectively managed to ensure maximum efficiency and profitability. Clarity and transparency in these processes are paramount to overall success and should therefore not be overlooked.
China’s rise to become the world’s largest market has been a source of both great opportunity and great risk for global companies. As such, businesses must understand how to navigate the volatility of this market in order to position themselves successfully in the global supply chain. This article will provide insight on the current state of China’s markets, as well as strategies for navigating its changing landscape.
The promotion of a Chief Operating Officer (COO) to the highest rank of a company is not always a sure thing. Recently, the head of Global Supply Chain for one large company failed to be promoted despite being the top candidate. This raises the question: why did this COO miss out on a sure promotion and what message does this send?
In today’s modern business landscape, companies are increasingly relying on complex global supply chains. In the old model of supply chains, businesses used to interact with each other in a very linear manner. This model was highly efficient in its day, but it was ultimately limited by factors such as time and geographical constraints. With the development of digital technologies, companies have been able to create more sophisticated supply chain models that are better adapted to the ever-changing global economy.
The global supply chain has been significantly impacted by the drag of Wall Street and other similar financial institutions.
The global supply chain has been significantly impacted by the drag of Wall Street and other similar financial institutions. For decades, these institutions have been viewed as pillars of the global economy, setting standards for investments and influencing business decisions. But in recent years, the rise in corporate greed, unethical practices and a disregard for accountability have put pressure on businesses to rethink their reliance on such institutions.
In a recent survey conducted by the American Supply Chain Association (ASCA), the results indicate that more than half of CEOs in the supply chain industry are not in favor of using social media for their businesses.
Benefits Of Global Supply Chain- CEO of Global Supply Chain Consider this, if you are a typical company your imports and exports have grown at
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
In recent years, Intel Corporation has become a leader in the production of computer hardware and software components. But, as one of the biggest suppliers of microprocessors to the technology market, has Intel failed to capitalize on the growth and potential of mobile devices?
The Natural Gas Supply Chains Coming Re-Alignment Of The Natural Gas Supply Chains On A Global Scale, And Its Impact On Downstream Petro-Chemical Manufacturing Traditionally, the natural gas market in Europe was served by Russia, while Asia got most of its natural gas from the Middle East. That is why prices of natural gas in
CXOs will never make it Business CEO Kevin was a brilliant finance executive. After doing a few years in an accountancy practice he had joined a company in its finance department and steadily risen in rank over the years to become its Chief Finance Officer. The board trusted his numbers as well as his prudent
The Art Of Harmonious Rebalancing The Supply Chain Company Many years ago, I was engaged in a strategic transformation project in a mid-size airline. For some curious reasons the airline was of critical importance to the national economy and occupied a very high position in the national political totem pole.
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
Topic: The 5-STAR Business Network Interview Interviewer: Ric Bratton of This Week In America Interviewee: Vivek Sood of Global Supply Chain Group (author of The 5-STAR Business Networks) Here is the entire transcript of the interview: 5 STAR Business Ric Bratton: Welcome back everybody!
Green Supply Chain: Procurement Procurement also known as purchasing is “Securing supplies, materials, and services of the right quality in the right quantity at the right time from the right place (source) at the right cost price”. So the procurement in traditional supply chain could procure you the best possible cost to meet the needs
5-STAR Business Networks As the economic centre of the world moves more and more towards its more populous nations in Asia, a number of businesses are realising that they must adjust their business models, as well as their 5-STAR Business Networks to this new reality. Take the example of airlines industry.
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
Ally In Supply Chain The digital revolution (aka tech revolution) has changed the way we live, work and play. The boom of software and IT solutions have caused disruption and realignment for businesses. When business intelligence is implemented and used effectively there is a real pay-off.
Trust & Care – Two Hallmarks Of Supply Chain Segmentation Supply Chain Segmentation Drives Today’s Digital Marketing – This is how I explained the situation to a group of a senior executives of the company I was consulting to recently. The profitability was falling, and customers were abandoning the company (I cannot go into too
About Supply Chain Company I was shocked when I heard of the bankruptcy of Hostess Brands Inc. The $2.5 billion maker of Twinkies and Wonder
How Will Asian Banker Summit 2015 Be In The Future On 14 – 16 April 2015 in Hong Kong Convention and Exhibition Centre, Hong Kong,
Organizational Silos in Supply Chain Organizational silos are based on the division of labor, on organizing the labor in such a way that each individual
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
The 5-STAR Business Network – 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,
The Global Economy Mr Trump I have nothing against you President Trump. I have nothing for you either. But, when I heard of the directive
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
EMPLOYMENT IN SUPPLY CHAIN OVER 50 TL/DR Abstract Many highly qualified and experience professionals find it difficult to gain meaningful employment over the age of
Biggest Bang On Supply Chain There were only 24 hours left. Tomorrow the board would pull the plug on the project which had continued for
Startling Statistics Consultants Supply Chain I came across startling statistics which prompted a new line of thinking that I wanted to share – hence this
The Trouble for companies in Securing the supply chain Let me tell a story. This is a very entertaining story, but that is not the
Rein In Logistics Suppliers No other industry, barring IT, treats its buyers with as much disdain and contempt at the logistics industry. To make it
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
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
What Is Sales And Operations Planning (S & OP), And What Is Its Significance In Supply Chain Operation Management? In any company sales department or
7 Reasons Why You Are A Rookie In Supply Chain Management. A lot has changed over the last 21 years since we started Global Supply
Supply Chain Training Level We often get this question for two reasons: 1. People are trying to peg where our company’s training offering is focused
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
Do Not Waste Your Money On Transportation Management System (TMS) Unless You Do This First Online Resources Facebook Twitter Linkedin Youtube Do Not Waste Your
Digital Supply Chain Twins There is a lot of talk about digital supply chain twin. A digital twin is meant to be a digital representation
The World Of Supply Chain Is Experiencing Its Own Digital Divide On one hand we have several large global corporations shipping hundreds of thousands of
Digital supply chain twin and Augmented reality (AR) are the current experimental models that are under development for aiding the supply chain management using artificial
The Overwhelming Container In Supply Chain Freight Rates It is a scary trend – and one index after another is confirming it. Container freight rates
