Topic:The 5-STAR Business Networks Supply Chain Interviewer: Ric Bratton of This Week In America Interviewee: Vivek Sood of Global Supply Chain Group (author of The 5-STAR Business Networks) Here is a video of the interview About Supply Chain Get It Now Here is the entire transcript of the interview About
Learn The Truth About Complicated Supply Chain Complex organisations have always existed, but we have to admit that the level of complexity has tremendously increased over the past centuries, especially over the past decades. Complexity now touches everyone, and every organisation. This is something unavoidable, and that is the reason
The Shipping Supply Chain Management Solution For 2020s 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
Complexity in Supply Chain: The Simplified Approach to Complex Problems Although this title can seem a little absurd, this article aims at understanding better the principles of complexity management. In effect, complexity is a large concept, which usually seems unmanageable for most managers. Let us start with the pillars of
How To Learn About Supply Chain Management We have to admit that the world has become more and more complex over the past centuries, and it is even truer for the past decades! We are interested in business and it is not less obvious about it. Why You Should Not
How to Maximise Both Efficiency Supply Chain and Effectiveness at The Same Time 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. Although this article was written almost 15 years ago, the authors, John
Corporate Supply Chain Management: Best Practices and Techniques 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
Supply Chain CEO The Solution for Supply Chain Companies Kevin1 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
Globalisation Supply Chain Is Inevitable – Prepare For It When we renamed our company Global Supply Chain Group in 2006, the key thought running in my mind was that despite clear and evident trend of globalisation – most companies still ran their supply chain on a regional basis. Many of
Master The Skills Of Key To Success And Be Successful with Supply Chain Project Business books, blogs and literature are full of secrets of success. A recent experience taught me that it need not be too complex. Why do I call it the only one key to success? Hopefully, that
5 Ways To Learn Supply Chain Strategy Effectively. 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
Many professionals in the business world wonder how to increase income, at least every few weeks. Want to legitimately increase income with Supply Chain Projects? No doubt, in the long run, you get paid for your results. Results are derived from two critical factors – skills and dedication. If you
A Great Supply Chain Man Knows His Own Limitations This picture prompted me to write the blog post. Like many other people, I am a great admirer of Steve Jobs – his integrity, his passion and his sense of design. Almost single-mindedly he twice created a company that eventually became
Simple Guidance For You In Supply Chain Strategy Recently I did a small but quite interesting thought experiment with one of my sons. We were discussing the invention of electricity and he asked me: “Dad, what would happen if there was no electricity?” Since I actually had such an experience,
Customer Centric Supply Chain Restructuring – Turbo Charge Your Business Model New challenges need new responses. The common organizational model looks like the generic drainpipe structure, meeting the mammalian need for an ordered hierarchy and flow of power within a business. How To Learn About Supply Chain Restructuring Most companies
This Year Will Be The Year of Universe Of Workology. I cannot claim to know everything in the universe of workology. But after starting work at the age of 17 and worked almost continuously (barring a few short breaks for full time studies), for the last 34 years I do
How Supply Chain Failure Can Ease Your Pain. Why do companies achieve far worse performance than what could be feasible with their superior hiring and training capabilities? It appears as if there are some invisible chains that are constantly pulling these companies back all the time. Something significant yet intangible
Worth Supply Chain Business Management One of my posts on LinkedIn sparked a lot of interest and a healthy debate. I am not sure about the reason for interest but seems like people agree with the above statement, as well as its reverse: The person who does less than s/he
Idea Supply Chain in Action A switched on team of senior management makes all the difference. No matter which part of the world, and how unfamiliar the concepts are – an interactive team will always find how to use ideas for their business. I recently had the pleasure of interacting
Old Business Models are Getting Redundant on Supply Chain Management When General Motors filed for Chapter XI protection in 2008, it also marked the closing of a type of business models in modern commerce. General Motors was seen as the paragon of modern American management theory as popularized by Peter
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. And now he was an admiral of
The Rare Art Supply Chain of Getting Rapid Results I was in a meeting with one of my clients who was one of the top 3 executives in a large company, and he was telling me his experience from a recent corporate retreat, where 24 of their top managers had
Want a Supply Chain Job? This blog post is relatively small and simple. Yet, as you will see, it is of immense use to anyone in today’s world. I do not want to make it any more complicated than necessary. My friend Tony has a recession proof career. No matter
IS Your Supply Chain Stuck In The Rat Race? After a while, the rat race tires you out. Even if you are winning the race, you still feel like a rat – this is what someone once told me. And, she ended up taking a very long journey through the
Strategy Supply Chain Is An Easy Game – Especially for the Good Yachtsmen and Navigators It appears a bit extreme now – but it was very common at time when I was a navigating cadet. As a 17 year old cadet learning to navigate a large 28,600 metric tonnes vessel,
This Story Behind Finance Supply Chain Will Haunt You Forever! On 14 – 16 April 2015 in Hong Kong Convention and Exhibition Centre, Hong Kong, nearly 2000 top bankers and other professionals from all over the world are going to congregate to discuss the future of finance in business and
Why We Are Qualified To Article? Over the last three decades we have led and worked on more than 500 projects in supply chain transformation in dozens of industries and countries. Very Few people know Supply Chain Like we Do Retail, beverages, food, milk, dairy, meat, livestock, explosives, chemicals, cotton,
The Most Unconventional Ways to Learn Global Economy Supply Chain I have nothing against you President Trump. I have nothing for you either. But, when I heard of the directive to manufacture iPhones in USA, I had to write this post. This is one of the weakest ideas I have
Supply Chain Age Thinking Needs Information Rich Leadership Boards always ask the hardest questions. That is why these gentlemen (and ladies) get to be on the boards. They know just the right questions to ask at the right moment. Towards the end of this blog, I will relate my recent
I was at a Melbourne Cup luncheon yesterday, and someone asked me why I do not write about Bitcoin. On my mobile, I showed them a paragraph from my book THE 5-STAR BUSINESS NETWORK written in 2013, where I talk about the emerging Digital Currency Networks. But the truth is
How To Get People To Like Definition Of Success on Supply Chain “What is success? How do you define it in your current role?” It was a simple question.I asked this question of the room in general. I expected multiple replies from the all the executives in the room. Then,
TL/DR Abstract on Supply Chain Management Many highly qualified and experience professionals find it difficult to gain meaningful employment over the age of fifty. A number of reasons are frequently cited for this phenomenon. On further investigation, we found some truth in this assertion, and discovered that the most important
Although I am writing this blog post to note down my precise thoughts just for a handful of people, it might be useful for a whole lot of other people too. Vivek Sood That is why I am making it public. This post is written in response to a frequently
The Quality Of Your Supply Chain Management Consultants Will Decide The Heights You Eventually Climb To Yes, everybody – from Steve Jobs (when he was alive) to the biggest Private Equities – uses management consultants. In fact, it will be safe to say that if you are not using management
Supply Chain Management Business I need to tell a true story which is about 16 years old. Jon had just left the secure world of a senior role in a multi-billion dollar global corporation to accept the role of the CEO in a mid-size family-owned company. He had always been
Startling Statistics with Supply Chain Project I came across a startling statistics which prompted a new line of thinking that I wanted to share – hence this article. Consider these statistics – over 70% of professionals would have worked as a consultant or will work as a consultant, at some
