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.
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 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
Dell’s Supply Chain Dell has not made as much news as it is making in the last few weeks for nearly a decade. Dell is once again back in the news this week, after opening its books to scrutiny by activist investor Carl Icahn. It has been a rocky road for Dell of late; 2012
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.
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,
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:
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
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.
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.
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,
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
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.
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,
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
Supply Chain Optimisation / transformation. Optimisation has always been a hot topic for strategists and business transformations executives. Now, as the mantle for leading corporations is moving from strategists to the integrationists and supply chain leaders – optimisation is hotter than ever before.
Nobody sets out thinking, I have no purpose for bringing this technology into our company, but I will do this anyway (well a few rare
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
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
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 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.
You Will Never Believe This Bizarre Truth Of A Management Consultant. I was in a hard bind. I just came out of a meeting with a highly polished marketing professional, who was pitching to our company for outsourced marketing work. She had correctly diagnosed that similar to many small companies, ours did not have any