When You’re Tied Up In Supply Chains, You Need A Strategy

Strategy Driven

According to estimates by supply chain management organizations, the global supply chain market is worth more than $10 trillion a year. Here’s how to execute a great supply chain strategy without getting tied up in knots.

How Coty Reinvigorated Its Supply Chain

Harvard Business Review

where one of us is Vice President Supply Chain, suggests this “magic” can be repeatable. In 2010, Coty was rapidly expanding through acquisitions and internal growth and needed to align, integrate, and further accelerate improvements in its supply chain.

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McDonald’s and the Challenges of a Modern Supply Chain

Harvard Business Review

Part of this story relates to the provenance, or origins, of its products: Chains that provide more upmarket “fast casual” dining such as Panera, Chipotle, and Shake Shack have brands that speak of freshness, health, and trustworthy sourcing.

Book Review: Guide to Supply Chain Management

Chartered Management Institute

Supply Chain Management spans all movement and storage of materials, work-in-process inventory, and finished goods from point of origin to point of consumption.' Supply chain management;EconomistReviewed by David Stephens FCMI. You are not watching this post, click to start watching.

Preventing Another Bangladesh Tragedy: Three Ways to Transform Supply Chain Ethics

Harvard Business Review

We know that we are somehow complicit in the moral chain that links our cheap clothes with collapsing factories, but we feel powerless to respond. So here are three radical suggestions for transforming the field of supply chain ethics. In my 2010 HBR piece , I reviewed some of the ways in which firms are doing this, and the story continues. And keeping your supply chain truly secret — in the age of webcams and Wikileaks — is impossible in any case.

MIT formula for uncertainty: pad your estimates

Crossderry Blog

Hogarth and Anil Gaba’s Winter 2010 article in the MIT Sloan Management Review (full article here ). 4 Responses Stephen Ritchie , on February 25, 2010 at 1:27 pm said: The average of the averages, according to the central limit theorem, approaches the normal distribution, which gives a useful estimate. Reply Paul Ritchie , on February 25, 2010 at 1:46 pm said: The CI and the cost of getting the relevant topic to “fit&# in that CI are the heart of the matter.

Innovation, Quality & Entrepreneurship at Akshaya Patra

QAspire

They have built their own standard for supply chain right from procuring raw material to delivery of these meals in schools across. By Maulik Shah , August 23, 2010 @ 12:36 pm Nicely observed and nicely presented by you.I

Leadership and Your Long Term Legacy

Next Level Blog

  My friend told me about an executive she knows named Bill who's been with the company for more than 30 years and who, through his leadership and tough love mentoring, has developed two generations of world class supply chain managers. 

How Dumb Is Your Business?

N2Growth Blog

Posted on October 13th, 2010 by admin in Operations & Strategy By Mike Myatt , Chief Strategy Officer, N2growth How dumb is your business? The dumb factor not only applies to talent, capital, and technology, but it also extends throughout the entire value chain.

A cautionary tale of costcutting

Talent Technologies

’ By rationalising supply chains, implementing technology, offshoring and outsourcing, companies have experiences a golden decade of ever-increasing profitability.

On Leadership, Corruption, and The Empire of the Heart « Linked 2.

Linked 2 Leadership

With the connectivity of global supply chains, we are vulnerable to the effects of ethical misdeeds performed almost anywhere on earth. 5 Responses Dr. Tom Cocklereece , on October 30, 2010 at 11:08 pm said: Values are formed as you say in the empire of the heart.

The Downside of Best Practices | N2Growth Blog

N2Growth Blog

As one example; if you are a manufacturing organization, innovation in your core could include new and improved materials, new techniques, novel approaches to supply chain management etc. Copyright/Legal Privacy Resources Sitemap N2Growth Blog © Copyright 2010 N2Growth.

Talent on Demand

Marshall Goldsmith

We do this by adapting techniques that are already well known from supply-chain management. Finding, retaining, and developing talent is one of the toughest business challenges executives face. It's made even tougher because many of the practices executives use don't work in today's uncertain environment.

How Retail Can Thrive in a World Without Stores

Harvard Business Review

To embrace this market shift, retailers will need to experiment with a range of technologies and strategies across marketing, supply chain, and merchandising. When eyeglass maker Warby Parker launched in 2010, its founders had $2,500 seed funding and impressive business school pedigrees. In the future, smart inventory management and supply chain analytics can fix this. Kenneth Andersson for HBR. Historically, shopping has been a sensory experience.

How to Quantify Sustainability’s Impact on Your Bottom Line

Harvard Business Review

We found that sustainable and deforestation-free practices created significant financial benefits for all players in the industry’s value chain. These ranges were wide due to the relative size of the different players in the supply chain (for example, a company that has higher revenues will realize greater benefits than a smaller firm). Measuring Sustainability’s Impact Across the Value Chain.

There’s a Leadership Vacuum on Climate Change. Business Should Fill It

Harvard Business Review

Just this week, three large companies demonstrated serious commitments to reducing emissions across their value chains (where most companies’ emissions lie): Walmart announced that it would ask suppliers to reduce greenhouse gases by 1 billion tons by 2030. It’s 50 times Walmart’s 2010 supply chain goal , and it sets a high bar for others to aspire to. NASA/JSC. This Earth Day is different.

The 4 Types of Small Businesses, and Why Each One Matters

Harvard Business Review

A 2010 poll by The Pew Research Center found that the public had a more positive view of them than any other institution in the country – they beat out both churches and universities, for instance, as well as tech companies. America loves small businesses.

Make Your Organization Anti-Fragile

Harvard Business Review

retailer, spent the last three decades improving its supply chain processes, and designing and launching a series of services, including smaller local convenience stores and online shopping. Many large, successful organizations are more fragile than they seem. They break under stress.

How Xiaomi Beats Apple at Product Launches

Harvard Business Review

All this secrecy comes at a price, both in the supply chain and by creating a difficult workplace. Consider how many people have to keep the secrets: factory workers, supply chain workers, and retail employees. Founded in 2010, Xiaomi is one of the biggest Chinese smartphone companies. The iPhone 6 is due in September. The build-up to its launch will almost certainly follow the Steve Jobs M.O.

The Comprehensive Business Case for Sustainability

Harvard Business Review

For the purpose of this article, we define sustainable practices as those that: 1) at minimum do not harm people or the planet and at best create value for stakeholders and 2) focus on improving environmental, social, and governance (ESG) performance in the areas in which the company or brand has a material environmental or social impact (such as in their operations, value chain, or customers). billion in mining projects since 2010.

The Internet Is Finally Forcing Management to Care About People

Harvard Business Review

It has tended to shred vertical supply chains, as customers can buy a wider array of stuff online cheaper, and often quicker, than in a physical store.

What Businesses Need to Know About Sustainable Development Goals

Harvard Business Review

According to estimates from McKinsey, consumers in these markets could be worth $30 trillion by 2025 — a significant step up from the 2010 value of $12 trillion. Dave Wheeler FOR HBR. The UN General Assembly held its regular meeting in New York this fall.

The Top 10 Green Business Stories of 2010

Harvard Business Review

Here's my attempt to capture what I see as the most important stories affecting the greening of business in 2010. Germany, not really the sunniest country in the world, added 1% of its electric needs in solar in 2010 alone (it took 10 years to get the first 1% online, and just 8 months for the second 1%). Now for the company-level stories: Supply chain pressure continues to rise (a.k.a.,

Timberland’s CEO on Deciding to Engage with Angry Activists

Harvard Business Review

The lack of traceability in our materials supply chain is almost archaic. What would make it impossible, they said, was if the companies further up the supply chain—the cattle ranchers and the slaughterhouses—were unwilling to go along with it.

Why Can't Kmart Be Successful While Target and Walmart Thrive?

Harvard Business Review

They support their low-cost way to play with an integrated system of capabilities, including: real estate acquisition; no frills store design; and superior supply chain management involving among others expert point-of-sale data analytics. What drives some companies to succeed while others languish? Successful companies develop a system of a few truly unique capabilities that help them create differentiated value for their chosen customers.

One Cost of Increased Globalization: More Industrial Accidents

Harvard Business Review

Scientists are still trying to determine the long-term effects of the 2010 BP oil spill in the Gulf of Mexico. Regarding the former, the increased complexity of global supply chains could increase the likelihood of industrial accidents due to such factors as technological differences between home and host countries or culturally divergent perceptions of risk and workplace safety. Industrial accidents can be devastating to the people and communities involved.

The Rise of Data-Driven Decision Making Is Real but Uneven

Harvard Business Review

manufacturing nearly tripled between 2005 and 2010, from 11% to 30% of plants. Yet even among plants that are, on paper, likely adopters, only a minority had adopted DDD by the end of our sample period in 2010.

We're All E-Commerce Companies Now

Harvard Business Review

Online sales of everyday items — soap, orange juice, toothpaste — more than doubled between 2006 and 2010, and are expected to double again by 2014. We need to decouple the concept of e-commerce from the actual back-end business process behind it, including the logistical delivery of the product, the infrastructure and supply chain. The day of e-commerce is finally here.

Doing Less, Leading More

Harvard Business Review

In 2010 Dean Garth Saloner of the Stanford Graduate School of Business (where I’m an Instructor) told McKinsey that, “The harder skills of finance and supply chain management and accounting…have become what you think of as a hygiene factor: everybody ought to know this… But the softer skill sets, the real leadership, the ability to work with others and through others, to execute, that is still in very scarce supply.”

CEOs Sometimes Need Outside Help

Harvard Business Review

If outside help is truly needed, doesn’t that say something pretty negative about the CEO’s own staff and existing supply chain? By contrast, consider the 2010 Chilean mining disaster, which resulted in the triumphant rescue of 33 miners trapped underground. As a result, today’s leaders need to be good at building connections with a variety of outsiders beyond the usual value chains.

Sustainable Business Will Move Ahead With or Without Trump’s Support

Harvard Business Review

The cost to build and produce solar and wind power, for example, has dropped 60%–80% since 2010 , making it cheaper than grid electricity in most states. One of his reasons why is what he described as a “fragile supply chain,” wherein weather shocks can damage grain production — a nice way of saying we don’t know if we can grow enough food.

Why Today’s Corporate Research Centers Need to Be in Cities

Harvard Business Review

Consider the iPad, first released in March 2010; at the 2011 Consumer Electronics Show, close to a dozen tablets were on display. Something is happening in Midtown Atlanta.

Where Trump Does (and Doesn’t) Have Leverage with China

Harvard Business Review

has created no net new jobs for those whose highest educational level is a high-school degree (or less) since the job market bottomed out in 2010, but it has created 4 million jobs for people with a bachelor’s degree. First, he needs to string together enough Carrier-type deals, especially among large factory complexes that influence the wider supply chain. It seems President-elect Donald Trump isn’t interested in business as usual with China.

What Companies Have Learned from Losing Billions in Emerging Markets

Harvard Business Review

Those losses stemmed not from poor product, marketing, or supply chain decisions but from regulatory violations, loss of business and fines resulting from bribery and fraud, and concomitant reputational damage. Our survey found that the vast majority (83%) of these companies have suffered significant losses since 2010. of annual revenues from 2010 to 2014. Multinational corporations long have looked for growth opportunities in emerging markets.

Should Big Companies Give Up on Innovation?

Harvard Business Review

The model involved an innovative combination of direct marketing through billboards and leaflets; diagnostic camps where technicians would screen scores of patients in an afternoon; changes to the supply chain to lower the cost of the pacemaker for selected hospitals; and the world’s first loan program for an implantable medical device. In 2010, Embrace entered into a partnership with General Electric to help scale the technology around the globe. “Why bother?”.

Requiring Companies to Disclose Climate Risks Helps Everyone

Harvard Business Review

The SEC has recognized this point; in 2010 it issued a planning document asking publicly traded companies to disclose their climate exposure risk. Such consultants might suggest strategies such as having contingent backup supply chains — for example, what steps can be taken to guarantee that Starbucks doesn’t run out of coffee beans for a month? As these firms demand new solutions to their challenges, new entrepreneurs will appear to supply them.

The Big Flaw in Corporate Sustainability Rankings

Harvard Business Review

After all, no matter how green a company's operations and supply chains are, political efforts aimed at weakening environmental laws and regulations can have far greater environmental impact. Corporations can be incredibly influential on environmental policy issues and, especially since the Citizens United Supreme Court decision in 2010, are able to spend large amounts of money anonymously.

Midsized Companies Can’t Afford Operational Glitches

Harvard Business Review

In October 2010, when its founders launched their website to the world, 25,000 web viewers overwhelmed the site. As his firm grew, he undervalued and underpaid the executives who ran the supply chain and finance departments. Then Costco came knocking on Dave’s doors to supply its warehouse clubs, but Dave’s had to turn the giant retailer down.

Why CSR's Future Matters to Your Company

Harvard Business Review

According to a PRWeek/Barkely PR Cause Survey in 2010, two-thirds of brands now engage in cause marketing, up from 58% in 2009. According to Fay Feeney, CEO of Risk for Good, "Boardrooms will see CSR issues presented to them in many ways: reputations risks, ESG proxy, political spending, hydraulic fracturing, natural resource management, supply chain, board diversity and more. More and more, companies are building long-term commitments to corporate social responsibility.

As Emerging Markets Slow, Firms Search for “New” BRICs

Harvard Business Review

For example, on the Indonesian archipelago, supply chain and distribution logistics present serious challenges — with logistics costs at 24% of GDP, compared with the regional average range of 9-11%. Quantifying the impressive rise of the middle class, FSG calculates private consumption in Peru is set to grow 54% between 2010 and 2015. The three main grocery retail chains in Peru grew from 57 stores in 2001 to 155 stores in 2010.

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