Uses and Misuses of Benchmarks in Supply Chain Management
Benchmarks in Supply Chain Management There are lies, damned lies and statistics. Benjamin Disraeli 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 race, can motivate an athlete […]
Successful Business Networking
Extract from the book “The 5-Star Business Network”, written by Vivek Sood Why Business Networks Are Important? Learn How To Make More Money With Business Networking. 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 […]
Optimising What? Why do Business Transformations Fail?
Business Transformations Fail 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. When discussing business transformations, in my workshops, presentations and speeches, in particular I enjoy the audience interaction […]
Who Will ‘Supply Chain Dellify’ the Mobile Phone Industry?
Supply Chain Dellify’ the Mobile Phone Industry 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. It was been nearly 30 years, […]
Globalisation – Big Solution That We Need for Today’s Big Problems
About Globalisation No matter which country you look at today – you see big problems. Emerging problems are currently grappling with massive monetary expansionism triggered by a need to keep currency stability in face of periodic bouts of Quantitative Easings. Learn More About Globalisation For example see the article “Rajan Warns of Policy Breakdown as Emerging […]
Supply Chain Segmentation – The Next Step in Delivering What you Promise in Digital Marketing
Trust & Care – Two Hallmarks of Supply Chain Segmentation Supply Chain Segmentation Drives Today’s Digital Marketing – This is how I explained the situation to a group of a senior executives of the company I was consulting to recently. The profitability was falling, and customers were abandoning the company (I cannot go into too […]
These Global Business Network Winners Know – ‘The Game Has Changed Again.’
These Global Business Network Winners Know When I explain to people that supply chain 3.0 is real, in general, I get three type of responses. 1. Most of the McKinsey (or their clone) trained strategists ask me to show data to back up this assertion. 2. On the other hand, more intuitive executives (mainly from […]
Fire-Aim-Ready Innovation (FAR) – For Efficient Product Development
For Efficient Product Development This article is an extract from The Five Star Business Network, written by Vivek Sood “It’s really hard to design products by focus groups. A lot of times, people don’t know what they want until you show it to them.” Steve Jobs (1955 – 2011), Business Week, May 25 1998 “In […]
Do you Know How Business Model Works & how it changed?
How Business Model Works? I was shocked when I heard of the bankruptcy of Hostess Brands Inc. The $2.5 billion maker of Twinkies and Wonder Bread had about 33 plants, 565 distribution centers and 570 bakery outlet stores across the United States. I have no doubt tons of e-ink will be spilt on dissecting the […]
Supply Chain Blockage – Ikea Case Study
Learn About Supply Chain Blockage – Ikea’s Case Study Imagine if you were a small sized furniture seller, and suddenly your suppliers refused to supply furniture to you because they allege that you are selling at too low a price. And, when you went to another manufacturer, they refused too. In fact, it turns out […]
