SUPPLY CHAIN 3.0 IS REAL, AND HERE NOW (Part 2 of 3)
In the last entry, I have given you a brief outline of the five pillars supporting Supply Chain 3.0. Let’s now talk about the first two. The first is termed Fire-Aim-Ready (FAR) Innovation. Clearly, it is about creating new (better) products and services, as well as new (better) ways of configuring and delivering existing products […]
SUPPLY CHAIN 3.0 IS REAL, AND HERE NOW (Part 3 of 3)
In the last entry, I have talked about the first two pillars underpinning Supply Chain 3.0. So, what are the other three key cornerstones? Transaction Optimisation Profitability (TOP) measures the ability to simultaneously minimize the costs, and maximize the revenues on each transaction that a company enters into. Consider this – there are companies today that […]
How SUPPLY CHAIN 3.0 Can Lead To Tangible Business Benefits (Part 6 of 6)
Following two benefits outlined in the previous entry, in this last entry of the blog series, let us go over the remaining benefits of Supply Chain 3.0. By definition, Supply Chain 3.0 improves your cash position Recall from the previous blog series that “The second measure of interest to us is in Supply Chain 3.0 […]
SUPPLY CHAIN 3.0 IS REAL, AND HERE NOW
When I explain to people that supply chain 3.0 is real, in general, I get three type of responses. Most of the McKinsey (or their clone) trained strategists ask me to show data to back up this assertion. On the other hand, more intuitive executives (mainly from sales and marketing background, as I observe) ask […]
Amazon shipping items before you order it: creepy or savvy?
After delivery drones, Amazon has created yet another news sensation! This time with predictive shipping and patenting it. In this article, Cathy Morrow Robertson describes Amazon’s latest leap: “Based on previous orders, product searches, wish lists, shopping cart contents and other online customer experiences, Amazon has received a patent for what it calls “anticipatory shipping” […]
Why Satya Nadella will make a good CEO for Microsoft?
Wires are abuzz with the talk about Satya Nadella – who seems to be the front runner for the job of Microsoft CEO. Many profiles have emerged online – e.g. see the article Satya Nadella: The man who may soon become Microsoft CEO. Google’s Sunder Pichai was also in the race. Microsoft is at a […]
Globalisation – big solution that we need for today’s big problems
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 Emerging Markets Fall”. China is grappling […]
McDonald’s myth-buster video goes viral – rise of social engagement using 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 line. McDonald Social […]
Why This Management Consultant Needs Your Advice on Outsourced Marketing?
I was in a hard bind. I just came out of a meeting with a highly polished marketing professional, who was pitching to our company for outsourced marketing work. She had correctly diagnosed that similar to many small companies, ours did not have any real marketing capability. Most of our sales came from word-of-mouth and […]