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
Tag: digital economy
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
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
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
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?
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
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.
BPOs – How To Avoid The Most Common Cause Of Outsourcing Failure
The Cost Reduction Tip In the Eric Carle children’s story, The Mixed Up Chameleon, a chameleon attempts to become the perfect animal by adopting the best parts of different animals, e.g. an elephant’s trunk, a giraffe’s long neck etc. At the end of the book, he’s so mixed up that he cannot catch flies.
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,
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
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
Is Your Global Strategy Implementation On Track ?
About More Global Strategy Implementation When you make decisions for your business, many things have to be taken into account. Besides, nowadays, strategies have to
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.
Learn About Intel Supply Chain Case Study In Global SC Group
In recent years, Intel Corporation has become a leader in the production of computer hardware and software components. But, as one of the biggest suppliers of microprocessors to the technology market, has Intel failed to capitalize on the growth and potential of mobile devices?
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.
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
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
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 [
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
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
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
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
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
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
Amazon’s Drones – How Useful in Supply Chain Business?
Supply Chain Business Amazon is known for its bold moves, innovation and customer centric thinking. Just yesterday it released a video of drone delivery of customer purchases from its warehouse and fulfilment centre which became the talk of the town. Regulatory and technological issues apart, I will only take a supply chain perspective in this
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?
How To Easily Manage Complexity While Expanding Your Business
Complexity While Expanding Your Business We have to admit that the world has become more and more complex over the past centuries, and it is even truer for the past decades! We are interested in business and it is not less obvious about it. Interaction and interconnectivity between people are a proof of this increasing
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.
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
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
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
Will Samsung Use Galaxy S5 To Eat Apple Business Lunch?
About Galaxy S5 To Eat Apple Business The world’s biggest smartphone maker has struck again with the announcement of its flagship Galaxy S model to hit stores this April. Samsung Galaxy S5, unveiled at the Mobile World Congress in Barcelona on Monday, features fingerprint technology similar to Apple’s latest iPhone 5S. Samsung also packs a
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
HOW SUPPLY CHAIN 3.0 CAN LEAD TO TANGIBLE BUSINESS BENEFITS (Part 5 Of 6)
As you can see, supply chain 3.0 is for everyone, small and big companies. Now let me demonstrate the concrete benefits of having supply chain 3.0 and I promise these are not dull or irrelevant stories. Supply Chain 3.0 Helps Leverage Your Business Infrastructure Over the past several decades, both the global economy as well
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
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
Barnes And Nobles – Another Nail In The Publishing Business Industry?
Business Industry Network As predicted in my book 5-STAR Business Networks when a product category, its current form, reaches the end of its life-cycle, the supply chain interaction between the supply chain partners becomes rather unpleasant and coercive. The reason is clear enough. Long standing supply chain relationships are tested as a result of falling
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.
Importance of KPI in Supply Chain- Try these tricks!
Importance of KPI In Supply Chain Network I came across the following picture on the blog of Thaku Huni and the thought struck me about a situation I encounter quite frequently: Importance of KPI In Supply Chain If you asked any objective person about the KPIs of the group of six men above – most
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
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
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
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
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.
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
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.
Departmental Silos: The Achilles Heel Of Your Supply Chain Company
Supply Chain Company Businesses are gradually being chained by a number of forces so ubiquitous and accepted by all of us, that we fail to notice their impact on businesses, economies, and people. Today, most organizations become veritable bureaucracies as they grow bigger.
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,
Changing Role Of Supply Chain Management In Digital Economy
Supply Chain Management In Digital Economy In the rapidly changing world – role of supply chain is constantly evolving. There are now at least three generations of supply chains and the confusion about the roles and expectations is leading to massive losses inside the corporations.