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
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
Five fundamental questions that every environmentally pro-active CEO needs to ask about their Supply Chains?
The Cost Reduction Tip
By Doug Hudgeon The Cost Reduction Tip When looking at cost reduction opportunities in an area, you should start by assuming that you can remove
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
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
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
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
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
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
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
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
The History of Ship Is Sinking. My sabbatical from writing blogs over the past few weeks has been interrupted. Besides my day job of consulting, I was focusing on finishing my second book “Know When to Outsource, and How to Do It Well: Outsmart, Outprofit, Outsource”. However, after reading a Harvard Business Review blog
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
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
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?
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.
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
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
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
I have set the scene in the first entry of this blog series. Things are changing, moving, and old business models are not working anymore. That is why I proposed even a new organisational model in my book The 5-STAR Business Network from which some of the following excerpts are taken with modifications. SUPPLY CHAIN
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
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
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
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.
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 Valuable Lesson in Supply Chain There I was sitting across the desk from the legendary fleet commodore of my company. As a junior officer I could sense the power of the man who had led some of the most daring, and most successful sea voyages of his time.
About Limitations on Supply Chain This picture prompted me to write the blog post. Like many other people, I am a great admirer of Steve
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
Organizational Silos in Supply Chain Organizational silos are based on the division of labor, on organizing the labor in such a way that each individual
BIG Breakthrough Supply Chain Results Start of the year is always a memorable occasion – full of joy and hope. It is also the time
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.
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
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
A Tale Of Two Companies Supply Chain Governance Both Nokia and Ericsson had experienced business disruption to an equal extent. The two stalwarts in the
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
There are two reasons why this is not going to be a BIG headline in the mainstream press for at least three months yet (but,
Business Transformation Is Different Than Change Management Almost everybody who has anything to do with creating any change inside a company calls himself or herself
Learn More About Supply Chain Management We get many emails from younger generation asking what kind of certificates in SCM are widely accepted. The intention
Confusing State Of Supply Chain (SCM) If you are confused about the SCM, you are not alone. Thousands of people around this world express frustration.
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
SUPPLY CHAIN SPIRALING. There may be savings opportunities by consolidation of multiple shipments with same origin and destination into a single shipment. On a broader
Multimodal Shipments A Big Deal Rarely does an international shipment use a single mode of transportation. It is common to combine multiple modes – such
Unique Competitive Advantage In Supply Chain Supply chain software companies are not the only ones who encourage the thinking that somehow getting a bunch of
Digital Supply Chain Twins There is a lot of talk about digital supply chain twin. A digital twin is meant to be a digital representation
About Artificial Intelligence (AI) In Supply Chain The COVID-19 epidemic has resulted in the breakdown of supply chains globally, the economic impact of which will
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
Supply Chain Management Planning And Execution Needs Decision Making For a human to be switched on 24/7 and make real time decisions as soon as
S&OP brings together two disparate but essential mechanisms to look at an even bigger picture. On One Hand, Demand Management Is The Art Of Maximising
The Overwhelming Container In Supply Chain Freight Rates It is a scary trend – and one index after another is confirming it. Container freight rates
Each Silo Measures The Success Of The S&OP Process Differently Sales might believe it is successful if it manages to “hoodwink” the production to produce
It won’t be an overstatement anymore to say that among the top three things on every CEO’s and boards’ mind is this question – what
Are Good Business Transformation People Worth Their Weight In Gold? Online Resources Facebook Twitter Linkedin Youtube Are Good Business Transformation People Worth Their Weight In