Optimising What? Why Business Transformations Fail?
Business Transformations of Supply Chain 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 […]
Changing Role of Supply Chain optimization 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 some insights and excerpts from my speech on this topic. You can see the video on Latest […]
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). Industrials Supply Chain I asked bosun to send a repelling party to cut the ladder and the scrambling rope, while I sent two […]
The Right Way to Improve Your Supply Chain management – Vivek SOOD
The Right Way to Improve Your Supply Chain management The Apple watch left me underwhelmed as did the plethora of me-too tablets and phones which are barely struggling to keep up with the ever more nimble competition. Collaboration of SCM Supply Chain Management (SCM) is an essential element of operational efficiency. SCM is critical to […]
The Cost of Financial Transactions is Falling Dramatically | vivek sood
Despite a high level of participation, and over 1,000 attendees, the mood was rather sombre. I enjoyed the frank and realistic discussions and tried to attend as many sessions as my limited schedule permitted. I am a Chartered Financial Analyst (CFA) for the last 14 years, and attend their events occasionally. The Cost of Financial […]
Uses and misuses of benchmarks in supply chain management SCM
Speech of Supply Chain Management SCM There are lies, damned lies and statistics. Benjamin Disraeli About More Supply Chain Management SCM 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 […]
Why Every Start-Up Always Has a Supply Chain Problem?
Why Every Start-Up Always Has a Supply Chain Problem? There is a common assumption Always that every company’s supply chain should be similar, if not the same. Even learned professors at august institutions write highly prescriptive articles in highly regarded magazines such as Harvard Business Review saying these things. For example see this article by […]
SUPPLY CHAIN 3.0 IS REAL, AND HERE NOW (Part 3 of 3)
SUPPLY CHAIN 3.0 IS REAL, AND HERE NOW (Part 3 of 3) About Supply Chain 3.0 In the last entry, I have talked about the first two pillars underpinning Supply Chain 3.0. So, what are the other three key cornerstones? Transaction Optimisation Profitability (TOP) measures the ability to simultaneously minimize the costs, and maximize the revenues […]
Your Business Network is your Business’ Net Worth
Excerpted from the introduction of THE 5-STAR BUSINESS NETWORK Business Network is now the engine of the society and it will need newer models of commerce to fast track the recovery. Hollowing out of skills out of entire societies without replacing them with another set of useful skills, very high level of youth unemployment (frequently […]
supply chain business |Even Bigger Troubles With Big Data
supply Chain Business Troubles Troubles in big data are starting to emerge. I have written about these earlier, and warned the clients to first make sure their small data is working as intended before jumping into big data. If you cannot control your small data, your ERP system, your EIS or your cloud then forget […]
