Cooperation or competition in supply chain Group?
Write More About Corporate in Supply Chain By Stuart Emmett Much has been said about how suppliers should be managed by procurement. Indeed one view (Supply Management
Tag: powerful
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
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
Supply Chain Relationships- Partnerships Or Partnershaft?
Five fundamental questions that every environmentally pro-active CEO needs to ask about their Supply Chains?
Use Monte Carlo Simulations To Quickly Analyze Supply Chain Model Costs
The Cost Reduction Tip
Cost Reduction – Start By Looking For Game-Changing Opportunities
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 : Teach Your Old Vendors New Tricks 101
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
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 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
The Age Of Global Business Networks
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
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
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
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
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
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
When The Ship Is Sinking: Focus On Plugging The Hole In The Hull
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
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
Amazon And The 5 STARS
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
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 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.
Why Should The Corporate World Look To Egolessness In 2014
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
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
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
HOW SUPPLY CHAIN 3.0 CAN LEAD TO TANGIBLE BUSINESS BENEFITS (Part 2 Of 6)
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
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
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
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
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.
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 Valuable Lesson in Supply Chain – How To Learn About Everything
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.
A Great Man Knows His Own Limitations on Supply Chain
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
Open Secrets From Ancient Network Network
About 5-Star Business Network Extract from the book “The 5-Star Business Network”, written by Vivek Sood “Plus ça change, plus c’est la même chose” Alphonse
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
Organizational Silos In Supply Chain- Learn From Mistakes
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
Do Not Topple The Global Economy Mr Trump
The Global Economy Mr Trump I have nothing against you President Trump. I have nothing for you either. But, when I heard of the directive
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
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
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 Is The Difference Between Supply Chain Governance And Corporate Governance?
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
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
Trust Deficit On The Rise In Global Supply Chains Due To COVID-19
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,
Finance, Sales, HR, Supply Chain – Where Do Most Effective Business Transformation Leaders Come From?
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
Certificates In Supply Chain Management That Are Widely Acceptable
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
How Did We Arrive At This Confusing State Of Supply Chain?
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 – 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
Supply Chain Spiraling Out Of Control After The Suez Canal Fiasco And The Pandemic, Here Is What You Can Do Today About It – Part 2
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 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 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
Transport Optimization – Popular Approaches 101
The purpose of this blog post is simple. I Will Explain Some Of The Most Popular Algorithms, Methods And Heuristics Of Transportation Optimization Here are
Can You Get Unique Competitive Advantage From Off-The-Shelf Supply Chain Software?
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 – Feeling The Pain In The Future Of Supply Chain
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
How To Use Artificial Intelligence (AI) In Supply Chain To Reduce Decision Making Time In COVID-19 Triggered SCM Crises?
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 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
The Expanding Role Of AI In Supply Chain Management
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
How Two Disparate Mechanisms Of S&OP Are Melded Together in Supply Chain?
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
Experimental Models In Supply Chain Management
Digital supply chain twin and Augmented reality (AR) are the current experimental models that are under development for aiding the supply chain management using artificial
What Could You Possibly Do To Combat The Overwhelming Container In Supply Chain Freight Rates?
The Overwhelming Container In Supply Chain Freight Rates It is a scary trend – and one index after another is confirming it. Container freight rates
How You Measure Success Of Your S&OP Determines Success Of Your Company?
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
Five Powerful Predictions For Supply Chains In 2022
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?
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