Responsibility For Cost Line A Single Individual of Supply Chain Business
About Individual of Supply Chain Business By Doug Hudgeon The Cost Management Tip by hudgeon- As I’ve planned my upcoming tips, I’ve been pondering which
Tag: logistic
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
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
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,
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.
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.
Why Collaboration Is The NEW Advantage in Supply Chain?
Collaboration Is The NEW Advantage in Supply Chain For decades, if not centuries, economists have been extolling virtues of competition. No doubt, competition unleashes forces
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
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
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
How To Use Social Media Successfully
Social Media Successfully Although social medias are crucial for your communication strategy, they can also be deadly for your business if you do not use them intelligently. There are some important rules and conditions for success by using social medias, and you have to understand them before starting to interfere with social medias. Your customers
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
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
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
Social Media Marketing : 5 Must Know Things
SOCIAL MEDIA MARKETING. Although social medias are obviously helpful tools of communication for your business, there are some things you should know before initiating any strategy. In fact, you cannot implement an appropriate social media strategy if you do not know the bases and the common traps. Then, this article aims at underlining a few
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.
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
20 Questions for Business Strategy To Ask Yourself
We have compiled a list of 20 criteria you should consider before adding a 5-Star Business Network to your business strategy as well as how to evaluate your business network. 20 Questions for Business Strategy
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.
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.
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
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!
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
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.
Who Will ‘Dellify’ The Mobile Phone Industry in Supply Chain To Make It The Best ? 101
About Industry in Supply Chain Dellify (verb) – the process of changing an industry model from high cost, low flexibility, make-to-stock model to a low cost, high flexibility make-to-order model. Before Michael Dell started his business from the college dorm, computer industry followed a very different model.
McDonald’s Myth-Buster Video Goes Viral – Rise Of Social Engagement Using Supply Chain Transparency
Supply Chain Transparency. The global fast food franchise has recently released a video showing how McNuggets are made to curb rumours about nasty ingredients. In the clip, supply chain manager Nicoletta Stefou from McDonald’s Canada headquarters walks the audience through the process, with particular emphasis on how “pink goop” is never part of the production
Find Your Way OUT Of The Rat Race
Ten Various Ways To Do The Rat Race. After a while, the rat race tires you out. Even if you are winning the race, you
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
What Did Ikea Do When Suppliers Blockaded Its Supply Chain Business
About Supply Chain Business Imagine if you were a small sized furniture seller, and suddenly your suppliers refused to supply furniture to you because they
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
What Two African Entrepreneurs Have Learnt From Amazon.Com – Globalization In Action Serving Humanity
About Globalization In Action Boasting exponential growth since its inception in 2012, Jumia became the first e-commerce site to bring the coveted Play Station 4
The Mysteries Of Supply Chains
The Mysteries Of Supply Chains I have been asked this question a lot on Quora, as well in my board and other speeches. A lot
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
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
Some Ways to Improve Your Supply Chain- 1 point everyone misses
Ways to Improve your supply chain The meeting room was as sparsely appointed as most meeting rooms used for supplier meetings these days. There were
CFOs’ Guide To Supply Chain
The Modern Rules Of Guide To Supply Chain. It Is Ironic That Though The CFOs Are At The Absolute Center Of The Universe Within Their
Supply Chain Managers – What Can They Do About Safety Recalls? 101
If you are in Australia, it is more than likely that you already know this saga. If you are not in Australia, or do not
What Is Common Between Enron And Bitcoin?
Common Between Enron And Bitcoin I was at a Melbourne Cup luncheon yesterday, and someone asked me why I do not write about Bitcoin. On
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 BIG Breakthrough Supply Chain Results In 2019?
BIG Breakthrough Supply Chain Results Start of the year is always a memorable occasion – full of joy and hope. It is also the time
Never Hire Management Consultants In These Situations
I need to tell a true story which is about 16 years old. Jon had just left the secure world of a senior role in
What Best Can We Learn About Supply Chain Security From One Of The Shrewdest Pivots In Business History
How Will Learn About Supply Chain Security Be In The Future. Here is a story of the fire than tipped the balance within an industry.
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
The Startup Struggles with Supply Chain: What is the answer
Startup Struggles with Supply Chain Business TL/DR Abstract Many startups make it to the end, and meet the dreams of their founders. Many other founder
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
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
Logistics, Procurement, Production Planning, Warehousing, Transportation – Where Do The Most Effective Supply Chain Leaders Come From?
How Effective Supply Chain Leaders Can Ease Your Pain. This blogpost is likely to be controversial because it will likely make almost every reader unhappy
Why Finding the Right Management Consultants Is Difficult?
Why Finding The Right Management Consultants Is Difficult If you have watched the globally famous TV show, Who wants to be a millionaire? you will
Supply Chain Training Zoo – Who Is Who ? 101
Supply Chain Training Level We often get this question for two reasons: 1. People are trying to peg where our company’s training offering is focused
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
Multimodal Shipments Or End-To-End Logistics – What Makes It A Big Deal ?
Multimodal Shipments A Big Deal Rarely does an international shipment use a single mode of transportation. It is common to combine multiple modes – such
Transportation Management System (TMS) – Critical Functionality Of Good TMS 101
All You Need To Know About Transportation Management System. Many companies make do with Excel spreadsheets, paper invoices and back of the envelop calculations for
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
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