Why Do Most Executives Supply Chain Act As If They Do Not Matter?
Executives Supply Chain Business Steve Jobs famously asked John Sculley “Do you want to spend the rest of your life selling sugar water — or
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
Cost Management Tips In Supply Chain By Doug Hudgeon
By Doug Hudgeon The Weekend Cost Management Tips In Supply Chain On the weekends, I’ll give a short cost management tips without web or book
A Re-Thinking Supply Chains Approach By stuart Emmett
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
Logistics And Supply Chains -Wrong Definitions and confusion
Logistics And Supply Chains -Wrong Definitions A closer look at the confusion between logistics and supply chains by Stuart Emmett Stuart Emmett co-operated with our very
Supply Chain Relationships- Partnerships Or Partnershaft?
Five fundamental questions that every environmentally pro-active CEO needs to ask about their Supply Chains?
Use Monte Carlo Simulations To Quickly Analyze Supply Chain Model Costs
The Cost Reduction Tip
Doug Hudgeon – The Cost Reduction Tip: Simplify Your Supply Chain
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.
Supply Chain Business : Teach Your Old Vendors New Tricks 101
Supply Chain Business By Doug Hudgeon The Cost Reduction Tip In the 1970s and 80′s, skateboarding went through a renaissance. Difficult tricks became commonplace and
Most Innovative Supply Chain Book In The Last Decade (2000- 2010)
Innovative Supply Chain Modern SC management is a complex and ever-evolving field. In order to keep up with the changing global economy, businesses need to
Corporate Social Responsibility In INDIA (Part I Overview)
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
Green Supply Chain Carbon Management
Green Supply Chain Carbon Management With emerging regulations on coal emissions, all organizations will be probably affected by Green Supply Chain Carbon Management. Therefore organizations
Life Cycle Management
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
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
Better Environment Friendly Supply Chains:
It is generally accepted that environment consciousness is now changing to environmental pro-activeness as organizations are discovering that it makes good commercial sense. Boards are asking
Why Retail Supply Chain Strategy Had Been So Popular?
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
Experts In Your Business Strategy- 10 Useful Tips
Networking is an essential part of any successful business strategy. Whether you are new to the business or have been in it for years, having a solid network can make a big difference in your success.
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.
Tinderization Of Human Courtship on Supply Chain What It Means?
About Human Courtship on Supply Chain I vaguely recall reading a research paper on human courtship by a US professor, where he hypothesised a 13 stage courtship process starting with eye-lock to for-ever-after. He had studied several human societies – ranging from primitive isolated tribes to modern urban tribes and concluded that the process was
Complicated Systems Vs. Complex Systems
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
A Business Network To Save Plunging Stocks
A Business Network To Save Plunging Stocks Award-winning author Vivek Sood’s eagerly anticipated new book, The 5 Star Business Network, is due for release later this month. With further distressing economic news from Europe – Greek bank shares are plummeting and Portuguese shares have fallen too this week – the book could not have come
Best Ways Business Networks Can Help Rescue Companies By Anais Lelong
About Business Networks Global Business Networks are essential in nowadays’ business world, we have no choice but to accept this fact. In effect, no business can survive now without building a proper business network beforehand. This is the first reality anyone has to understand before starting his business. This is the root of all the
Confronting Business How To Adapt Your Business Network Properly
About Confronting Business Business networks have changed through the ages and they have become greater and greater, reaching a worldwide scale. Nowadays, companies have to learn how to manage the business networks’ changes and its expansion over the world. However, somehow, our current business networks are not new at all and have already existed in
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 [
Business Networks Or Social Networks – Which Is Better ?
Learn All About Business Networks Or Social Networks LinkedIn is a business network that allows you to socialise. Facebook is a social network that is trying to commercialise. Both are digital networks that allow you to do certain things and not do other things. Besides these, there are real world business networks made up of
IT Outsourcing Strategy Development : 4 Key Areas Of Mistakes
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
5 Slow Poisons Are Killing The Western Businesses And Making CEOs Jobs
(Sydney, Australia based Vivek Sood is the world’s foremost authority on Global Supply Chains which are the commercial engines sitting deep within modern economies and driving them. He is a Chartered Financial Analyst (CFA), and has done courses from Harvard, MIT, and University of London. As the Managing Director of Global Supply Chain Group, he
5 Star Business Network : How To Develop A Strong Network
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
Supply Chain Business Too Complex? Is Increasing Products, Customers?
Different Products on Supply Chain Business Every company wants to improve its results, and to do so, they can use very different ways. The most common ways they use to achieve this goal are whether improvement of the quality or the reduction of their costs. How do they do? What methods do they use?
Why Should The Corporate World Look To Egolessness In 2014
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
HOW SUPPLY CHAIN 3.0 CAN LEAD TO TANGIBLE BUSINESS BENEFITS
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.
What Businesses Can Gain Transformation Of Brazilian Soccer – Part 3/4
Transformation Of Brazilian Soccer In the first 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 past
HOW SUPPLY CHAIN 3.0 CAN LEAD TO TANGIBLE BUSINESS BENEFITS (Part 4 Of 6)
SUPPLY CHAIN 3.0 I hope by now you have grasped the business model in which Supply Chain 3.0 resides. Before we examine all the concrete benefits of Supply Chain 3.0, let us briefly differentiate it from its predecessors. Table 1 sets out to do that: Table 1 – Supply Chain Metaphors Supply Chain 0.0 Supply
Is There A Lesson For Business Networks In Brazil’s 7-1 Defeat To Germany?
Not too long ago I wrote a blog series on the transformation of Brazil’s soccer playing model from an individualistic style to a Business networks-oriented style. In the early 90s, more than two decades since the last World Cup championship title and Brazil faced an interesting juxtaposition – continue with what led to past triumphs
How Google Is Looking To Change The Corporate World In 2015, Again
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
Radio Interview Of Vivek Sood On The Michael Dresser Show 5-STAR Business Network
Topic: The 5-STAR Business Networks Interviewer: Michael Dresser of The Michael Dresser Show Interviewee: Vivek Sood of Global Supply Chain Group (author of The 5-STAR Business Networks) HERE IS An Audio Of The Interview 5-Star Business Network Get It Now Here is the entire transcript of the interview From the radio interview of vivek sood
Content – Impact Of Supply Chain Management In Businesses Of Today
PDF – Impact of Supply Chain Management in Businesses of Today
How To Increase Your Professional Income In Supply Chain?
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.
Who Is To Blame For The PC Sales Debacle?
The results are in, and for PC sales they are neither good nor bad – but ugly! The pundits are out to find a scapegoat – and the most convenient scapegoat at the moment is Microsoft. The PC sales Debacle. For example see this report in today’s Wall Street Journal – which hails Microsoft’s mea culpa.
What is Supply Chain Optimisation and How good is it?
What is Supply Chain Optimisation? System demos are tedious things at best. The developers are trying to showcase the best aspects of their baby in best possible light. They have spent months, sometimes years, thinking about and developing functionality. It is really a big ask to show off the usefulness of it all, in half
Uses And Misuses Of Benchmarks In Supply Chain Management
There Are Lies, Damned Lies And Statistics. Benjamin Disraeli Benchmarks In Supply Chain Management. Benchmarks are a peculiarly virulent form of statistics which can be used to make a positive change, or misused to make a dodgy sale. On one hand a benchmark, such as a world record in 100m race, can motivate an athlete
Why Successful Business Networking Are Important?
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,
Drivers Of Green Supply Chain
There are five type of environmental stakeholders group who drive green initiatives within an organization: 5 Drivers Of Green Supply Chains Management That Will Actually Make Your Life Better 1. Regulatory stakeholders, who either set regulations or have the ability to convince governments to set standards 2.
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.
Airlines Are Adjusting Their 5-STAR Business Networks To The New Economic Reality
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.
The Universe Of Workology : 2 Best Things Will Take You A Long Way
The Universe Of Workology I cannot claim to know everything in the universe of workology. But after starting work at the age of 17 and worked almost continuously (barring a few short breaks for full time studies), for the last 34 years I do have a perspective.
Business Models – New Unique Perspective 101
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.
THE LAST MILES OF AMAZON COMPLEXITY NETWORK
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
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 Segmentation – The Next Step in Delivering What you Promise in Digital Marketing
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
Find Your Way OUT Of The Rat Race
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
How To Find A Supply Chain Job
About Supply Chain Job This blog post is relatively small and simple. Yet, as you will see, it is of immense use to anyone in
What Does It Take To Win In The High Stakes Global Supply Chain Game?
When I explain to people that supply chain 3.0 is real, in general, I get three type of responses. 3 Things You Need To Know
Strategy Is An Easy Game – Especially For The Good Yachtsmen And Navigators
It appears a bit extreme now – but it was very common at time when I was a navigating cadet. Learn More Strategy Is An
Fire-Aim-Ready Innovation (FAR) – For Efficient Product Development
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
If Your Supply Chain Company Form Following Its Function?
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
Business Transformations Of Supply Chain -Big & Real Picture
Business Transformations Of Supply Chain Global shipping is a very cut-throat business where you can make a lot of money just by buying and selling
10 Important Information Of Business Networks that every business should know
Information Of Business Networks The simplest definition of business is to sell or buy the goods or services. Though, It may define the trading style
What Two African Entrepreneurs Have Learnt From Amazon.Com – Globalization In Action Serving Humanity
About Globalization In Action Boasting exponential growth since its inception in 2012, Jumia became the first e-commerce site to bring the coveted Play Station 4
The Mysteries Of Supply Chains
The Mysteries Of Supply Chains I have been asked this question a lot on Quora, as well in my board and other speeches. A lot
The 1st Biggest Mistake in Business Transformations Process
Business Transformations Process If I have seen it once, I have seen it a hundred times. A new person is brought in with a clear
Evolution Of Supply Chain Management
Evolution Of Supply Chain Management Supply chain network Management Strategy and Capabilities evolved from primitive to esoteric in the four decades since the mid-1970. In
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
Do Not Topple The Global Economy Mr Trump
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
The Leadership Of Digital Supply Chains
The Leadership Of Digital Supply Chains Boards always ask the hardest questions. That is why these gentlemen (and ladies) get to be on the boards.
How You Define Supply Chain Success Determines Your Results
Supply Chain Success “What is success? How do you define it in your current role?” It was a simple question. I asked this question of
Employment In Supply Chain Over 50
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
Bad Management Consultants And Good Executives Are Not The Same
Bad Management Consultants Although I am writing this blog post to note down my precise thoughts just for a handful of people, it might be
How To Get The Biggest Bang On Supply Chain For Your Technology Buck
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
How To Get The Most Out Of Your Management Consultants Business Without Spending A Bundle On Them?
How To Get The Most Out Of Your Management Consultants Without Spending A Bundle On Them? Yes, everybody – from Steve Jobs (when he was
How Supply Chain Strategy Resolves “The Innovators’ Conundrum”?
About Supply Chain Strategy This is a million dollar question for most companies – start-ups or conglomerates. A lot of time and money is wasted
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
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
Securing the Supply Chain- The Trouble Companies Go for It
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
The Supply Chain Technology – Keeping It On Track
The Supply Chain Technology For Their Competence Impressive things are difficult to forget. And, sometimes difficult to describe in a manner which does full justice
What Is The Difference Between Supply Chain Governance And Corporate Governance?
A Tale Of Two Companies Supply Chain Governance Both Nokia and Ericsson had experienced business disruption to an equal extent. The two stalwarts in the
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
High Demand For Supply Chain Experts & know the Steps Of it?
HIGH DEMAND FOR SUPPLY CHAIN EXPERTS Abstract of Supply Chain Experts Almost every supply chain needs to be restructured in the wake of COVID-19 and
How Supply Chain Manager Salary Is Determined
Supply chain managers’ salary is the subject of intense speculation for the last decade or so. Human Resources (HR) Managers have often asked us about
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
Why Good Supply Chain Business Executives Make Bad Business Consultants And Vice Versa
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
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