Besides technology and process expertise, vendors can possess other specialised knowledge or capability – either in supply chain management, manufacturing, logistics or any other part of the overall value network required for your business.
Supply Chain Management (SCM Trigger Points) and It’s Modern Interpretations The expression “supply chain” was created during the 1980’s to explain the need to integrate important business processes SCM Trigger Points. SCM Trigger Points of Supply Chain Indeed, supply chain is about integration between business functions and business processes. It
There are many reasons why the supply chain world is rife with confusion and mix-ups. This confusion becomes even more pronounced when it comes to outsourcing because even many respected and experienced professionals cannot properly differentiate between logistics and supply chain. As a result, they continue to use the two terms – logistics and supply chain – interchangeably. The results are disastrous for the people, as well as, their companies.
Re-thinking Supply Chains A look at rethinking supply chains By Stuart Emmett Introduction – Why are so many companies constantly rethinking supply chains? Why many other companies are out of step? Many people do now understand what is involved when following a supply chain approach. However, ensuring the supply chain is optimised
FIVE BUSINESS BOOSTERS IN YOUR SUPPLY CHAIN SUPPLY CHAIN Has The Answer To Everything. When establishing a Five Business Boosters In Your Supply Chain strategy, CEOs and other executives often appear to do it on random criteria. However, it is necessary to determine specific criteria and axes beforehand. In fact,
Who Hijacked Your Supply Chain? Here’s What People Are Saying About Supply Chain. I do not publish too many posts on LinkedIn any more because of ‘Gresham’s Law‘. However, once in a while I still publish content that would be relevant to that platform. I was delivering the keynote speech
China’s recent economic reforms: Time to revamp global business networks has arrived – say the experts What I Wish Everyone Knew About 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
Apple’s Outsourcing Factory invests millions in the US to meet more demand 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
The Biggest Contribution Of Preparation In Outsourcing To Humanity Is Global Business Networks The Most Trending Thing Now? 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
Why Supply Chain Models In Outsourcing Have To Change The Latest Trend In Supply Chain Models. In his book The 5-STAR Business Network (http://bit.ly/5-STARBN), Vivek Sood exposes the results of his researches on the organizational structure of companies. Companies used to follow the model of a traditional organization structure as in the
Amazon and the 5 STARS Business Network 5 STARS Business Network 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
Five Slow Poisons that are Killing the Western Businesses, and making CEOs’ jobs harder than they need to be (Sydney, Australia based Vivek Sood is the world’s foremost authority on Global Supply Chains which are the commercial engines sitting deep within modern economies and driving them. He is a Chartered
Big Blue Should Get Their Head in The Cloud Outsourcing To Win Big Why Is Outsourcing So Famous? As the competition heats up in the cloud sphere, IBM has recently acknowledged their performance last year did not meet expectations while acquisition deals. IBM’s 2013 annual report stated that the company’s cloud business
My Experience With Freight Cost Reduction Australia leads the way to Globalisation with triple FTA with Asia’s big three Australia leads the way to Globalization with triple FTA with Asia’s big three 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
HOW SUPPLY CHAIN 3.0 CAN LEAD TO TANGIBLE BUSINESS OUTSOURCING BENEFITS I hope by now you have grasped the business model in which Supply Chain 3.0 resides. Before we examine all the concrete benefits of Supply Chain 3.0, let us briefly differentiate it from its predecessors. Table 1 sets out
Have you Seen These Tricks Outsourcing with KPIs? Why Is Outsourcing Business So Famous? I came across the following picture on the blog of Thaku Huni and the thought struck me about a situation I encounter quite frequently: If you asked any objective person about the KPIs of the group
Who is going to win the battle of Titans (Apple, Amazon & Google) As everybody knows, three giants in the tech and software world have amassed an incomparable power in recent years from their networks and their strategies. With a vast range of products, they have stitched up the market
Value of Trust in Supply Chain Management, and Outsourcing Recently an owner of a medium sized business (who was trying to be one of our well-wishers) showed me (and one of our new recruits in sales management department) the way they were using dummy websites to generate leads for their
Benchmarking in Outsourcing – Win Big By Proper Deployment The Modern Rules Of Outsourcing. Benchmarks are a peculiarly virulent form of statistics which can be used to make a positive change, or misused to make a dodgy sale. On one hand a benchmark, such as a world record in 100m
Outcompete anyone using your Business Network Outsourcing How Do You Choose The Best 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.
Changing Role of 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. Here are
My Experience With Freight Cost Reduction Using Supply Chain Software 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
What Do Roads in Rural Bali Have to Do With Supply Chain Digitization? Digitization is the buzzword of the moment in Supply Chain. Going by the number of articles and posts on digitization, you would think that the pope has just discovered religion. In fact, I recently read an article
Why Executives Underestimate the Impact of Supply Chains? All You Need To Know About Supply Chain. CFOs are not the only ones who underestimate the impact of Supply Chains on modern corporations. About CEO at Supply Chain Management CMOs, COOS and even CEOs are not fully aware of the full
Myths about outsourcing and how to know the truth Everything You Need To Know About Outsourcing. Not a single day goes by without a mainstream newspaper decrying the job losses or closure of some facility due to outsourcing. These are legitimate concerns. However, if outsourcing is carried out for the
What Causes Supply Chain Confusion 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
