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
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
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
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
How To Identify Cost Reduction Opportunities
By Doug Hudgeon The Cost Reduction Tip Certain problems when you first look at them seem intractable. But once you understand their natural fracture lines,
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
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
Why Is The Newest Supply Chain Model So Famous?
The History of the Newest Supply Chain Model In the traditional business world, relations between organizations were different from what they are today. Collaboration between
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
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
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
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
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
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
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
When The Ship Is Sinking: Focus On Plugging The Hole In The Hull
The History of Ship Is Sinking. My sabbatical from writing blogs over the past few weeks has been interrupted. Besides my day job of consulting, I was focusing on finishing my second book “Know When to Outsource, and How to Do It Well: Outsmart, Outprofit, Outsource”. However, after reading a Harvard Business Review blog
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
ALIBABA’S COMING IPO MEANS TIME TO PROTECT, EBAY AND AMAZON BEWARE
About E-Bay And Amazon Beware of Alibaba’s coming IPO The world’s biggest e-commerce company is set to go public in the world’s biggest retail market, the latter is true at least for now. Alibaba announced its decision to “commence the process of an initial public offering in the United States” on Sunday.
Business Model Transformation: Lessons From Soccer And Hockey – Part 2
Business Model Transformation In the previous 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
What Businesses Can Gain Transformation Of Brazilian Soccer – Part 4/4
This is the concluding entry in this series of blogs – where I reminisced about my experiences from learning to play hockey in India, and watching Brazilian soccer transformation over the past several decades. In the first blog in this series I wrote about the Brazilian soccer teams’ transformation from an individualistic style of play to a network
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
Helping To Keep Sports Barrier-Free in Global SC Group
Everything You Need To Know About Helping To Keep Sports Barrier-Free If there is one thing that could unite the spirits of mankind, amid all the chaos and turmoil in the world, it is sport. Whenever there is a large-scale sporting event, such as the World Cup or the Olympics, people gather, share and watch
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
HAPPY NEW YEAR – 2015
HAPPY NEW YEAR – 2015 As the clock strikes midnight it’s time to bid farewell to 2014 and welcome the current era! This is an
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?
Content – Impact Of Supply Chain Management In Businesses Of Today
PDF – Impact of Supply Chain Management in Businesses of Today
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.
Implementation of Green supply chain : Procurement
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
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
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
If Your Supply Chain Business Has Too Much Internal Focus, You Could Be Missing Out
Your Supply Chain Business It’s no surprise that customers hate companies with too much internal focus. As organizations free up their inter-departmental planning from rigidities, the communications start to bloom. Efficiency improves considerable and everybody starts running together, faster. However, a higher set of problems emerge due to lack of external focus – on suppliers,
A Revamped Business Model: The Introduction Of Customer Centric
Learn All About Revamped Business Model New challenges need new responses. The common organizational model looks like the generic drainpipe structure, meeting the mammalian need for an ordered hierarchy and flow of power within a business. Most companies have evolved in the last 2 decades and their functioning has become almost entirely customer centric.
Are You Making What You Are Worth
One of my posts on LinkedIn sparked a lot of interest and a healthy debate. I am not sure about the reason for interest but seems like people agree with the above statement, as well as its reverse: The person who does less than s/he is paid for, will soon be paid less that s/he
Supply Chain Confusion : 11 Causes With Best Solutions
My last post “Supply Chain Confusion could kill your business“ generated several great comments from highly qualified professionals around the world, and in this post I want to explore the reasons for the confusion. Obviously, the confusion is debilitating, and unprofitable. I am sure readers will have their own experiences with the confusion in supply chain world,
Ally in Supply Chain Or A Disruption? What Is The Tech Revolution ?
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.
Industrial Age Tools Vs Information Age Weapons
Industrial Age Tools Vs Information Age Weapons This is the part 2 of my earlier post What I Learnt Fighting Pirates (Not in the Caribbean)! (that post was getting too long, so I had to break it into two parts). I asked bosun to send a repelling party to cut the ladder and the scrambling rope, While
Supply Chain Management Software And Systems – Biggest Problems No.1 Poll
Supply Chain Management Software, Executives, managers and businessmen encounter a multitude of problems while deciding, selecting, implementing and using supply chain management software. We have created a poll to stimulate discussion on the most common problems. Please participate in the poll and use comment section to share your experience. Here is the link to the
5-STAR Business Network – A Company Is Known By The Company It Keeps
5-STAR Business Network I am always amused to see the starry eyed stories of success of the companies in the business press. Many of the stories do not go deep into the real reasons for that success or to trace how transitory it can be, if those reasons disappear.
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
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
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,
HOW SUPPLY CHAIN 3.0 CAN LEAD TO TANGIBLE BUSINESS BENEFITS (Part 3 Of 6)
Learn More Supply Chain 3.0 In the previous blog entry of this series, I have outlined a customer centric business model, which is also captured in my book The 5-Star Business Network. Now let us delve into the evolution of supply chain models, or how Supply Chain 3.0 came about. In the old model of supply chains, businesses used to relate to each other 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
Why Every Start-Up Always Has A Supply Chain Problem?
Supply Chain Problem Maturity Differs At Each Stage There is a common assumption that every company’s supply chain should be similar, if not the same.
Five Key Cornerstones Of The 5-STAR Business Network
There Are Five Key Cornerstones Of Success In Building And Harnessing Effective Global Business Networks The 5-STAR Business Network So what are these 5 key
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
Asian Banker Summit 2015 – Connecting Finance With Supply Chains
How Will Asian Banker Summit 2015 Be In The Future On 14 – 16 April 2015 in Hong Kong Convention and Exhibition Centre, Hong Kong,
What I Learnt About Business Transformations Industry -Fighting Pirates (Not In The Caribbean) – Part 1
About Business Transformations Industry I was reminded of this story because I was talking about it in a workshop on business transformation last week. I
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
Beyond 4P – Integrated Supply Chain Management
Integrated supply chain management – ISN’T IT TIME TO LOOK AT YOUR COMPANY’S NETWORK AND SUPPLY CHAIN WITH A NEW EYE TO TAKE IT FROM
Consequences Of Confusing Between Supply Chain And Logistics Can Be Painful
Supply Chain And Logistics Recently, obstetrician Dr Liu Hongmei hit global headlines when she disclosed the story of a young couple who came to her
Supply Chain Business – How Good Is The New Apple Watch Series 4 In Supply Chain Business ?
The new Apple watch (series 4) was just released yesterday, and I was reminded of my previous blog I wrote a few years ago when
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
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
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
Best Way To Reduce Freight Costs in Supply Chain
Freight Costs in Supply Chain Freight costs reduction is almost always the last frontier in the cost reduction landscape. At the board level, most companies
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
How To Rein In Logistics Suppliers Properly
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
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
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
How To Reduce Complexity In Supply Chain Post COVID-19?
I was recently asked this question on the popular Q & A forum QUORA. Sometimes, when the question is really good, I take my time
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
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