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

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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

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Complicated Systems, Complex Systems

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

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Supply Chain Company

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

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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

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HP Will Bear The Brunt Of Chromebook 11 Charger Overheating Fiasco And Subsequent Sales Halt On Amazon And Best Buy; Google Will Also Be Affected

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 [

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Supply Chain Networks

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

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Business Networks Or Social Networks

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

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Business Relationships

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

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Global Business Networks

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

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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

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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

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Ford To Recall Escape SUVs For The 7th Time

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

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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

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Supply Chain Business

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

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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

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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.

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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

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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

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Apple Business

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

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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

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SUPPLY CHAIN 3.0

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.

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Success in Supply Chain

There Is Only One Key To Success in Supply Chain

Business books, blogs and literature are full of secrets of success. A recent experience taught me that it need not be too complex. Why Do I Call It The Only One Key To Success in Supply Chain? Hopefully, that will be clear in the next 5-10 minutes it takes to read about this incident.

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Business Industry

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

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Helping To Keep Sports

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

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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.

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

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

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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

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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.

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Professional Income In Supply Chain

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.

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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,

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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.

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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:

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Green Supply Chain: Procurement

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

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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.

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Drivers Of Green Supply Chain

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.

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BUSINESS MODELS ARE NOW OBSOLETE?

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.

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Are You Making What You Are Worth

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

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Causes Supply Chain Confusion

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,

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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

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Industrial Age Tools

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

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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

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Supply Chain Management Software

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

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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

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