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: Fundamental
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
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
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
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
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
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
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 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
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
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
A Company Case Study – Better Learning
By – Stuart Emmett Note: Stuart Emmett co-operated with our very own Vivek Sood to co-write the book GREEN SUPPLY CHAINS – AN ACTION MANIFESTO.
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 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
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?
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
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
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
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 Relationships : What You Should Know About Them
About Business Relationships Although you may be good at building and maintaining relationships in your life, it can be very different when it comes to business. In effect, relationships between business partners are very specific relationships. As most relationships, they are based on a contract. The contract is the cornerstone of any relationship (personal or
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
Global Business Networks
Global Business Networks China, the giant economy has dominated the news agenda recently just like their dominance in the manufacturing arena. Several proposed reforms have caught more attention than others, such as the relaxation of the one-child policy, now that China’s population is aging. However, business reforms carry tremendous implications that are likely to affect
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
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
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
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
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
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
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
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
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
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?
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
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.
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
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.
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.
A Data Scientist Can Only Be As Good As The Data They Have
Good As The Data They Have . One of the reasons I invest so much time and resources of our company in keeping current with the information technology is that good supply chain depends almost entirely on good information. And, your information is only as good as the
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.
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,
Why Business Networks Are Important?
“Call it a clan, call it a network, call it a tribe, call it a family. Whatever you call it, whoever you are, you need
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
The Second Biggest Mistake In Business Transformations
The Biggest Mistake in Business Transformations In this article I want to focus on the second biggest mistake companies make during business transformations. In case
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
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
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
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
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
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
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
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 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
Supply Chain Management – What Is The No. 1 Best Training In SCM ?
SUPPLY CHAIN MANAGEMENT. Training has become the norm for a variety of reasons. But before we go into those, let me first state that on-the-job
Considerations In Route Optimisation – Practical Consideration Examples
Considerations In Route Optimisation Since times immemorable route optimisation has been taught as one of the starting tricks in operations research and associated subjects in
Supply Chain Spiraling Out Of Control After The Suez Canal Fiasco And The Pandemic, Here Is What You Can Do Today About It – Part 1
About Supply Chain Spiraling Expectations from Supply Chain personnel have never been higher, and the reality of global supply chains has never been direr in
Transportation Optimisation – 3 Basic Dimensions
Transportation optimisation is an important part of a good transportation management system (TMS). Here’s What No One Tells You About Transportation Optimisation. When assessing transportation
Do Not Waste Your Money On Transportation Management System (TMS) Unless You Do This First
Do Not Waste Your Money On Transportation Management System (TMS) Unless You Do This First Online Resources Facebook Twitter Linkedin Youtube Do Not Waste Your
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
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
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