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Global Supply Chain Management: Page 627

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Lean Initiatives: Management Needs to Slim Down, Too, Not Just Operations

Applying lean principles to management, rather than just operations, can help large organizations re-imagine how they work and unlock value through continuous improvement.

Get Supplier Relationships Right, Then Maintain Them

Analyst Insight: If the wheels on your vehicle are out of alignment, you're in for a rough and inefficient ride. The same holds true for businesses. Alignment, especially in strategic relationships, gets businesses beyond the initial "yes" that sets a deal in motion"”it aligns the participants throughout the life of the deal, turning it into a smooth and powerful relationship. - Kate Vitasek, Faculty, University of Tennessee's Center for Executive Education, and Founder, Supply Chain Visions

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Is Your Supply Chain Transformation Good Enough?

Analyst Insight: Theoretically, supply chain transformations deliver a different set of capabilities and outcomes that customers recognize. The reality is that a transformation may simply be a radical or rapid change to the supply chain organization and operations in response to changes in the marketplace. It could be a dramatic reduction in cost or improvement in service to remain competitive. In other words, the outcomes are not necessarily different, just better than the prior state. - Michael Dominy, Research Director, Gartner

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Advocacy Group Promotes Greater Sharing of Cybersecurity Information Among Retailers

The Retail Industry Leaders Association has announced a partnership with the National Cyber-Forensics and Training Alliance (NCFTA) to enhance cybersecurity information sharing and expand retailers' proactive and vigilant approach to cyber threats to protect consumers against criminals.

The Latest BPM Software Merges Several Enterprise Categories, Functions

The last year has seen much change in the enterprise business process management software market. The U.S. BPM market for 2013 amounted to $65bn and is expected to grow to more than $77bn by 2017. Certain verticals are poised to surpass the expected CAGR of 4.3 percent of market growth. Organizations focusing on BPM will see the largest impacts, as many inefficiencies can be fixed, if done correctly. - Dylan Persaud, Managing Director, Eval-Source

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The Components of Better Business Process Management

Analyst Insight: Continuous industry, business and customer demands force companies to maintain business processes in permanent evolution. Highly productive organizations strive to achieve a technological edge, business efficiency, and regulatory compliance, which must be assimilated within the organization's operations, to increase and optimize business performance. - Jorge Garcia, Senior Analyst, Technology Evaluation Centers

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Big Data: From Buzzword to Benefit

Analyst Insight: When it comes to supply chain management, "Big Data" has generated more in the way of buzz than it has real benefit. Awash in a rising sea of data, companies still struggle to use it to make better decisions. - Brad Householder, Principal, PwC's Advisory practice; Anand Rao, Principal, PwC's Financial Services Advisory practice; Syed Mukhtar, Director, PwC's Operations practice

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The Case for Free Trade

The U.S. has seen a substantial portion of its manufacturing base eroded by cheap overseas production. American workers blame free trade. So why should we speed up the process?

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Value of End-to-End Transportation Planning

When it comes to world-class transportation and logistics management, companies must strive to deliver on two critical mandates: containing costs and sustaining service.

In Business Intelligence & Analytics, Big Data = Big Opportunity

Analyst Insight: For many supply chain executives the term analytics is synonymous with reporting and Big Data is a new buzz word. However, when leaders harness new forms of analytics coupled with an understanding of Big Data opportunities good things happen. Here we share some insights from three studies that illuminate the opportunity. - Lora Cecere, CEO and Founder, Supply Chain Insights

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Supply Chain Analytics in Emerging Markets

With the advent of big data, faster computing and intuitive analysis tools, the promise of analytics has generated a renewed focus on improving operations through data-driven decisions. For supply chain organizations in particular, it is a powerful ally in driving cost reduction strategies and service level improvements. From public sector entities like Lincolnshire, which identified Â£24m in procurement savings, to retail giants like Tesco, which reduced Â£50m in excess inventory, organizations across the globe are achieving substantial impact by applying analytics to their operations. But what about emerging markets?

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