Sustainable Packaging Industry And The History of It
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
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Benefits Of Global Supply Chain and adds Value?
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
PC Supply Chain Industry in the US
Five fundamental questions that every environmentally pro-active CEO needs to ask about their Supply Chains?
Vivek Sood and Tony Fedorowicz
Change Your Processes Before Implementing New Software
Here’s What People Are Saying About Implementing New Software By Doug Hudgeon The Cost Reduction Tip The success rate of software implementations is woefully low. Dough Hudgeon There
Cooperation or competition in supply chain Group?
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
Challenging Leadership Principles Of Supply Chain Group
By Stuart Emmett Understand Leadership Principles of Supply Chain Before You Regret. This article puts over what I see as essential leadership principles. They are taken
Responsibility For Cost Line A Single Individual of Supply Chain Business
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
Supply Chain Relationships- Partnerships Or Partnershaft?
Five fundamental questions that every environmentally pro-active CEO needs to ask about their Supply Chains?
In Supply Chain Business – Tendering Is The Way Forward
Supply Chain Business A serious look at Tendering by Stuart Emmett . Stuart Emmett co-operated with our very own Vivek Sood to co-write the book
Supply Chain : Better To Keep Your Passengers Informed
Supply Chain Business By Doug Hudgeon The Cost Reduction Tip Tom Bender from SpendCorp contributed today’s tip: It’s not enough to do good work, your stakeholders
Use Monte Carlo Simulations To Quickly Analyze Supply Chain Model Costs
The Cost Reduction Tip
Build A Great Cost Analysis Monte Carlo Simulation In Excel
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.
Cost Reduction – Start By Looking For Game-Changing Opportunities
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
How To Prepare Simple, Effective Cost Management Reports (Part 1)
By Doug Hudgeon The Cost Reduction Tip EFFECTIVE COST MANAGEMENT REPORTS PREPARATION. Effective management accounts are critical to a cost reduction initiative. Without it, your
Alex Rotenberg Interview
Alex Rotenberg Interview Outsourcing Logistics 3PLs: What are some of the critical mistakes people make in outsourcing logistics 3Pls? Before asking this question we have
Better Life Cycle Engineering On Supply Chain
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
Why Are Software Development Estimates Regularly Off By a Factor 2-3 Times?
About More Software Development Estimates Reblogged from Startup Answers: (written by Michael Wolfe) Map Let’s take a hike on the coast from San Francisco to
Will Bitcoin Business Ever Amount To Anything More Than A Bit?
In recent years, Bitcoin has been gaining traction as one of the most popular digital currencies. As such, many entrepreneurs and businesspeople have considered setting up a business that deals with Bitcoin, from exchanging it to investing in cryptocurrency.
New Business Models For The New World
The world has changed drastically in the last few months, and businesses have been forced to adjust their strategies in order to remain successful. As a result, new business models have emerged as a way for companies to stay competitive and profitable in our new global context.
When Supply Chain Confusion Can Kill Business
In the business world, supply chain confusion can be a major problem. It is important to understand how it can affect the operations of a company and how it can even lead to business failure.
Why Collaboration Is The NEW Advantage in Supply Chain?
Collaboration Is The NEW Advantage in Supply Chain For decades, if not centuries, economists have been extolling virtues of competition. No doubt, competition unleashes forces
Who has Hijacked Your Supply Chain Group?
Who Hijacked Your Supply Chain? I do not publish too many posts on LinkedIn any more because of ‘Gresham’s Law‘. However, once in a while
Coming Re-Alignment Of The Natural Gas Supply Chains On A Global Scale
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
5 Strategies That Will Save Your Supply Chain Company
Strategies of Supply Chain Company For every business or economic activity, there is a time when it falls behind its competitors. No matter whether the situation comes to you at the initial stages or you are facing a sudden challenge right after touching the tip of popularity, you surely have to find out the way
The Age Of Global Business Networks
The Age Of Global Business Networks Obviously, business networks have tremendously changed through the ages. The world has become global and business networks have kept expanding over the years and centuries. In fact, business networks used to be very small, even non-existent a few centuries ago. In former societies, businesses were not as developed as
HP Will Bear The Brunt Of Chromebook 11 Charger Overheating Fiasco
Sydney, 13 November 2013 Chromebook 11 charger fiasco Latest developments in the unfolding saga of sales halt of HP Chromebook 11 have seen both the key retail outlets now pulling it off the shelf following customer complaints of overheating chargers. HP is asking the existing owners of the product to use ‘any other Underwriters Laboratories-listed [
From Free Markets To Free Supply Chain Networks And Beyond
Supply Chain Networks Business The story started in the 19th century with the beginning of free markets. The world of free markets is the world where business exchanges started to expand to global organizations and relationships. Many exchanges were now possible thanks to the free markets. The allocation of resources is determined by supply and
Demand In Supply Chain Business in Global SC Group
Demand In Supply Chain Business Taipei-based Foxconn Technology Group, whose biggest client is Apple, is to invest $US40 million in the United States to boost its high-end production chain. The move, welcomed by the US government, is part of the growing trend to seek a non-China outsourcing location. The world’s biggest contract electronics manufacturer will
The Power Of Preparation In Supply Chain, Better Results
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
Supply Chain Business: Apple’s Emerging Rival Xiaomi Continues To Upstage
Supply Chain Business Network China’s three-year-old technology company Xiaomi has recently announced the sale of its flagship Mi-3 smartphone will be on the Chinese top messaging app Wechat. This is another in a series of tactics deployed by Xiaomi to get to the heart of consumers and spur their demand. Already with 7.2 million handsets
Intel Gearing Up To Face The Mobile Assault: It May Even Beat Them
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 For The 7th Time
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
Why Supply Chain Models Have To Change For The Better
The Story Of Supply Chain Models In his book The 5-STAR Business Network (http://bit.ly/5-STARBN), Vivek Sood exposes the results of his researches on the organizational structure of companies. Companies used to follow the model of a traditional organization structure as in the following figure: However, the global business world has changed and this structure is no longer
Complexity Management
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
Amazon And The 5 STARS
Amazon And The 5 STARS We already defined the importance and features of a successful business network, through the necessity of 5 key cornerstones – Fire-Aim-Ready Innovation, $eed-to-$tore Efficiency, Transaction Optimisation Profitability, Advanced Product Phasing, and Results-focused Outsourcing and Modularisation – in the previous article. Now let us prove it by taking an example, which
Globalization Is Inevitable – Prepare For It
About Globalization Is Inevitable When we renamed our company Global Supply Chain Group in 2006, the key thought running in my mind was that despite clear and evident trend of globalisation – most companies still ran their supply chain on a regional basis. Many of our clients see value in global integration of their entire supply chains – while
20 Questions for Business Strategy To Ask Yourself
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
The Transformation – Business Networks Of Supply chain
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
Which Business Models Are Now Obsolete in Global SC Group?
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?
The 5-STAR Business Network Interview- TRANSCRIPT
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!
Key Themes From The Asian Bankers Summit of Supply Chain
THE ASIAN BANKERS SUMMIT OF SUPPLY CHAIN Despite a high level of participation, and over 1,000 attendees, the mood was rather sombre. I enjoyed the frank and realistic discussions and tried to attend as many sessions as my limited schedule permitted. I am a Chartered Financial Analyst (CFA) for the last 14 years, and attend
Content – Impact Of Supply Chain Management In Businesses Of Today
PDF – Impact of Supply Chain Management in Businesses of Today
Seasons Greetings To All Our Clients And Supporters in Supply Chain
Seasons Greetings to all our Clients and Supporters
The Effects Of Enterprise Resource Planning (ERP)
The Effects Of Enterprise Resource Planning To combat the symptoms of departmental silos many organizations implement a very rigid Enterprise Resource Planning (ERP) system. This helps run their internal processes and coordinates inter-departmental communication. By their nature, these systems are very formulaic and prescriptive with a one-size fits all approach to planning.
Mind The Gap
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
Some Ways to Improve Your Supply Chain- 1 point everyone misses
Ways to Improve your supply chain The meeting room was as sparsely appointed as most meeting rooms used for supplier meetings these days. There were
What Is Common Between Enron And Bitcoin?
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
Truth About Supply Chain Security
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
Opportunities For Start-Ups In Supply Chain Security
The Reason Why Everyone Loves Supply Chain Security. People often wonder where the best opportunities for start-ups are. Supply Chain Security space is getting a
This Supply Chain Company Spent $28 Billion On Freight Last Year – Could It Have Done Better?
Spent More Deposit with Supply Chain Company Someone asked me this question on a popular social platform. The subtext was this: What kind of discount
Every Industry Encounters Its Unique Supply Chain Challenges – What Are Yours?
Unique Supply Chain Challenges One of the common problems cited by the boards and senior management is that the consultants they hire do not understand
The Startup Struggles with Supply Chain: What is the answer
Startup Struggles with Supply Chain Business TL/DR Abstract Many startups make it to the end, and meet the dreams of their founders. Many other founder
Best Way To Minimise Your Warehousing Logistics In Supply Chain Cost?
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
Get Better Results By Focusing On Execution in Supply Chain Business
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
What Are Two Major Flaws In Amazon Supply Chain?
Amazon Supply Chain Is So Famous If you asked an Uber driver in Sydney today what is the greatest strength of Amazon – they will
Is Supply Chain Business On Demand in the Wake Of Covid19?
I was asked another very interesting question on Quora by a reader Benjamin Myer. I think the question merited some discussion and attention. Below Is
Why Is Supply Chain Governance Difficult?
Why is Supply Chain Governance Difficult & Missteps Most boards first hear of any of their company’s supply chain missteps only just before they are
How To Cope With Supply Chain Disruptions Resulting From COVID-19 Crisis?
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
Logistics, Procurement, Production Planning, Warehousing, Transportation – Where Do The Most Effective Supply Chain Leaders Come From?
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
Why Finding the Right Management Consultants Is Difficult?
Why Finding The Right Management Consultants Is Difficult If you have watched the globally famous TV show, Who wants to be a millionaire? you will
Why Supply Chain Business Transformations (BT) Jobs Differ From Supply Chain Business-As-Usual (BAU) Jobs
Supply Chain Business Transformations Violinists have a different skill set and profile than the violin makers. Sports equipment makers have a different profile than the
Trust Deficit On The Rise In Global Supply Chains Due To COVID-19
There are two reasons why this is not going to be a BIG headline in the mainstream press for at least three months yet (but,
Supply Chain Business – No. 1 And Most Common Flaw In S&OP Meetings
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
Why Does Sales And Supply Chain Operation End Up Being Such A Frustrating Experience In Real Life?
What Is Sales And Operations Planning (S & OP), And What Is Its Significance In Supply Chain Operation Management? In any company sales department or
Certificates In Supply Chain Management That Are Widely Acceptable
Learn More About Supply Chain Management We get many emails from younger generation asking what kind of certificates in SCM are widely accepted. The intention
How Did We Arrive At This Confusing State Of Supply Chain?
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.
Supply Chain Spiraling Out Of Control After The Suez Canal Fiasco And The Pandemic, Here Is What You Can Do Today About It – Part 2
SUPPLY CHAIN SPIRALING. There may be savings opportunities by consolidation of multiple shipments with same origin and destination into a single shipment. On a broader
Multimodal Shipments Or End-To-End Logistics – What Makes It A Big Deal ?
Multimodal Shipments A Big Deal Rarely does an international shipment use a single mode of transportation. It is common to combine multiple modes – such
Transport Optimization – Popular Approaches 101
The purpose of this blog post is simple. I Will Explain Some Of The Most Popular Algorithms, Methods And Heuristics Of Transportation Optimization Here are
Transport Management System (TMS) – Why Do We Need It ? How To Make Best Use Of It ?
TRANSPORT MANAGEMENT SYSTEM. If you already have experience with TMS and other assorted SCM systems this blogpost is not for you. But a lot of
Can You Get Unique Competitive Advantage From Off-The-Shelf Supply Chain Software?
Unique Competitive Advantage In Supply Chain Supply chain software companies are not the only ones who encourage the thinking that somehow getting a bunch of
What Happens When You Rename Your Logistics Department As The Supply Chain Group Without Corresponding Skills Upgrade?
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 And Artificial Intelligence (AI) – How To Make The Best Use Of It ?
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
Key To Fantastic Supply Chain Results
About More Supply Chain Results. Like everyone else supply chain professionals also want to do a great job. They also want to be recognised for
Digital Supply Chain Twins – Feeling The Pain In The Future Of Supply Chain
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
How To Use Artificial Intelligence (AI) In Supply Chain To Reduce Decision Making Time In COVID-19 Triggered SCM Crises?
About Artificial Intelligence (AI) In Supply Chain The COVID-19 epidemic has resulted in the breakdown of supply chains globally, the economic impact of which will
The Most Promising Application Of AI In Supply Chains
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
What Kind Of Information Technology Tools Are Needed For Sales And Operations Planning (S & OP) In 2021 And Beyond
Information Technology Tools We are asked this question in a number of workshops and public forums. That is not surprising – after all the question
The Fundamental Foundation Of An Effective S&OP
About Fundamental Foundation In a quotation famously and perhaps apocryphally attributed to Intel Corporation founder Andy Grove, he said: “For one brief moment the demand
The Expanding Role Of AI In Supply Chain Management
Supply Chain Management Planning And Execution Needs Decision Making For a human to be switched on 24/7 and make real time decisions as soon as
How Two Disparate Mechanisms Of S&OP Are Melded Together in Supply Chain?
S&OP brings together two disparate but essential mechanisms to look at an even bigger picture. On One Hand, Demand Management Is The Art Of Maximising
Applications Of AI (Artificial Intelligence) In Supply Chain Management (SCM)
Almost all the current applications of AI in SCM are in the following three areas: Supply Chain Management Automation: after automation of the factories now