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chain stream Tagged Articles
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Are You Selling Pennies, Dollars or Value?
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| What are you selling? If you answered products or services, that may be the incorrect answer in today's 21st century or even 20th century. To increase sales you may just need to change the answer to that question. |
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Other chain stream Related Articles
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Dangerous Supply Chain Myths (Part 3)
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| Segment 3 – Multiple Supply Chain Networks: An Issue of Timing versus Concept Validity?
Multiple Supply Networks
The tail of the supply chain needs to be tailored to each developing market and this will require domestic partners to help execute fulfillment and delivery. In addition, good risk mitigation requires flexibility and diversity in your supply chain and supporting networks. |
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What is the Value in your Supply Chain A PI Q and A
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| Member Question:
What is the difference between Supply Chain and Value Chain?
My Response:
To begin, the reference to supply or “value” chain is a misnomer in that it implies a sequential architecture. This is a term that is on its way out as an organization’s supply “practice” is actually centered on the synchronization of diverse stakeholders sometimes spanning multiple supply networks. This is an important distinction given the impact that real-world synchronization has on theories such as value chains.
That said the concept of the value chain was first introduced by Michael Porter in 1985 in his book, Competitive Advantage: Creating and Sustaining Superior Performance.
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What is the best type of Graduate Degree for a Supply Chain Professional?
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| Member Question:
What is more useful in terms of applicability for a young supply chain professional...an MBA or a Masters in Supply Chain Management?
Ben, Logistics Engineer |
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What are the most commom metrics used for Supply Chain?
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| Member Question:
What are the most commom metrics used for Supply Chain?
Francisco, Logistics and Supply Chain Professional
Argentina |
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(Guest Post) Optimizing Value in the Economic Downturn [and Recovery]
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| This article is the second in a three-part series of guest articles on optimization by Dr. Olga Raskina, Lead Scientist, with Emptoris, the supply and contract management solutions provider.
As we push on through the troubled economic environment, corporate leaders are laser focused on bringing supply chain management under tighter financial guidelines. An article I recently read in Supply Chain Digest highlighted the typical urgency felt by procurement managers to cut supply chain costs. |
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3 Quick and Easy Ways to Add Multiple Streams of Income to Your Business
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| It's never a good thing when you rely on one stream of income. That stream dries up and you're, ahem, up that creek without a paddle. That's why having multiple streams of income is so valuable. One stream dries up, you've got a few other ones to depend on. But talking about multiple income streams and actually implementing them in your business are two entirely different things. That's why today I'm going to share 3 quick and easy ways you can start adding more streams right now.
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Why would you use Value Stream Mapping
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| Value stream mapping is a tool that helps you to see and understand the flow of material and information as a product or service makes its way through the value stream. Value stream mapping is typically used in Lean, it differs from the process mapping of Six Sigma. |
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Did an Anti-North American Sentiment and Arrogance Undermine Andersson's Tenure at GM?
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| On the August 11th PI Window on Business Show I spoke with three time honoree as a Supply and Demand Chain Executive's "Pros To Know," and co-author of the book "Transform Your Supply Chain" Bill Michels, regarding General Motor's precipitous fall in relation to their supply chain strategy. |
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Using Value Stream Mapping Software
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| There is a lot of dispute about Value Stream Mapping software, and whether it should be used or not used. Most Lean practitioners will tell you that early introduction into converting your Value Stream Map into a computer generated document will hurt the overall flow of the procedure and be a detriment to the brainstorming process. They prefer using post-it-notes or pinning paper to a wall. Allowing as many people to interact is the whole point. I have a tendency to agree with the statement. |
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Recession Proof your Business The Smart Way
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| How and Why you as a small business owner should be looking to add another income stream.The article gives you a rundown on the why and then tells you how best to go about adding a secondary income stream.Reccession proof your business the smart way. |
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