Tag: business

Cost Analysis Monte Carlo, Google Spreadsheets

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.

Read More »
Alex Rotenberg Interview, Outsourcing Logistics

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

Read More »
Life Cycle Management, Better Life Cycle Engineering On Supply Chain

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

Read More »
BUSINESS MODELS ARE NOW OBSOLETE?

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.

Read More »
Human Courtship on Supply Chain Network

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

Read More »
Trends For Management Implied

New Trends For Management Implied By The Complexity Increase

Trends For Management Implied We have no choice but to accept that complexity is omnipresent in every organisation today. Complexity took a very important place in organisation because it is bigger than it used to be one century ago. For this reason, managers and executives have to learn how to run their business while managing

Read More »
Demand In Supply Chain Business

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

Read More »
Power Of Preparation In Supply Chain

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

Read More »
5 Best Tips For Social Media Use In Supply Chain Business, Social Media Successfully

5 Best Tips For Social Media Use In Supply Chain Business

SUPPLY CHAIN BUSINESS AND SOCIAL MEDIA. Social media are amazing because they allow you to interact directly with visitors, which could be a great help for your business. This term covers a large range of websites, and it can refer to social bookmarking (Del.icio.us, Blinklist, Simpy), social news, social networking (Facebook, twitter, etc.), social photo

Read More »
Business Network

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

Read More »
Effectiveness Outsourcing Business

How Easily Maximise Efficiency And Effectiveness Outsourcing Business

Learn More Effectiveness Outsourcing Business In his book The 5-STAR Business Network (http://bit.ly/5-STARBN), Vivek Sood talks about prophecies coming from an article written in the Harvard Business Review in 1999. Efficiency And Effectiveness Outsourcing Business Although this article was written almost 15 years ago, the authors, John Hagel III and Marc Singer, were very forward thinking about companies.

Read More »
Corporate World Look

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

Read More »
Business CEO

Why Most CXOs Will Never Make It To Business CEO?

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

Read More »
Globalization Is Inevitable

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

Read More »
Australia Leads The Way To Globalisation

Australia Leads The Way To Globalisation With Triple FTA

About Australia Leads The Way To Globalisation Australia is talking with ministers from Japan, Korea and China to finalise Free Trade Agreements with the trio ahead of Tony Abbott‘s visit to Asia in April. On Wednesday, Japan’s Farm Minister Yoshimasa Hayashi and Australia’s Trade and Investment Minister Andrew Robb failed to reach a consensus on tariff elimination. However, they confirmed negotiations would still be underway to

Read More »
Business Executives

What Business Executives Can Learn From The Story Of Brazil’s

Business Executives of Brazil’s Soccer In the early 90s, more than two decades since its last World Cup championship title, Brazil hungered for the trophy more than any other country on earth. Yet the scars from its 1950 campaign were still not totally erased. Dubbed as the saddest day in Brazilian soccer history, July 16

Read More »
Business Networks Of Supply chain, Rebalancing The Supply Chain Company, Does Your Supply Chain Company Have Second-Class Citizens?

Art Of Harmonious Rebalancing The Supply Chain Company

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.

Read More »
The Global Business Networks Shortening

Are The Global Business Networks Shortening The Success Cycle?

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

Read More »
Profitable Business Transformation Using Supply Chain

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!

Read More »
Global Supply Chain

The Right Way To Improve Your Supply Chain?

Supply Chain Management (SCM) Supply Chain Management (SCM) is an essential element of operational efficiency. SCM is critical to business operations, therefore it is clearly important for a company to know, understand and master the supply chain. Supply chain’s evolution can be break down into three generations.

Read More »
Supply Chain Optimisation

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

Read More »
Determines Success Of Your Company

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,

Read More »
Your Business Network

3 Benefits Of Your Business Network – Outcompete Anyone

About Your Business Network Thought leaders have a five star business network. They leverage of the value created by their business and supplier contacts to outcompete rivals and stay relevant. Your business can outcompete rivals too using its network. There are a number of ways your business can achieve this goal.

Read More »
Green Supply Chain

Life Cycle Management Benefits: Green Supply Chain

How Will Green Supply Chain Be In The Future. Green Supply Chain revolutionizes the company; indeed, throughout supply chain, Green Supply Chain planning enables to minimize the environmental impact of the overall endeavour while still achieving the same results. Everything is the Life Cycle Management:

Read More »
Traditional And Green Supply Chain

5 Things To Know About Traditional Green Supply Chain

Traditional Green Supply Chain In a traditional supply chain, the flow of materials and information is linear and from one end to other. There is a limited collaboration and visibility. Each supply chain partner has limited information regarding, for example the carbon footprint and Green House Gas emission of the other partners.

Read More »

Benefits Of Green Supply Chain

Following are some of the key benefits of Green supply chains: Positive Impact On Financial Performance Despite ample evidence to the contrary, there persists a myth that going green costs additional expense. Some of the factors responsible for persistence of this myth are inertia, the lack of a systematic approach and an unwillingness to engage

Read More »
Corporate Social Responsibility

Why Corporate Social Responsibility Matters and What is GSCM

Why Corporate Social Responsibility Matters ? One of the best definitions of Corporate Social Responsibility is perhaps provided by Archbishop Desmond Tutu’s The Benchmark Foundation. It states: “Corporate Social Responsibility (CSR) is the decision-making and implementation process that guides all company activities in the protection and promotion of international human rights, labor and environmental standards

Read More »
Mind The Gap

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

Read More »
Our Corporation Responsibility Ideas In Action - Boutiques Consultants and Super Specialists

Ideas In Action Make The Best Teams (1)

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

Read More »
Globalisation

Globalisation – Big Solution That We Need For Today’s Big Problems

How Will Globalisation Be In The Future. 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

Read More »
CEO For Microsoft

CEO For Microsoft – Why Satya Nadella Is A Good Choice ?

CEO For Microsoft CEO FOR MICROSOFT. CEO 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: CEO For M The man who may soon become Microsoft CEO. Google’s Sunder

Read More »
Big Data in Supply Chain - No. 1 Issue With It

Big Data in Supply Chain – No. 1 Issue With It

Troubles in big data are starting to emerge. Big Data in Supply Chain I have written about these earlier and warned the clients to first make sure their small data is working as intended before jumping into big data. If you cannot control your small data, your ERP system, your EIS or your cloud then

Read More »
Amazon Shipping Items

Amazon Shipping Items Before You Order It: Creepy Or Savvy?

How Amazon Shipping Can Ease Your Pain 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,

Read More »
Supply Chain 3.0

SUPPLY CHAIN 3.0 IS REAL, AND HERE NOW (Part 3 Of 3)

SUPPLY CHAIN 3.0 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

Read More »

gET INTO TOUCH