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Global Supply Chain Management: Page 768

Chinese, Indian Entrepreneurs Differ from Western Counterparts on Business Model, ROI Strategies

Ever since Frederick Taylor's early writing on industrial efficiency - followed by the work of Peter Drucker, Alfred Chandler, and others - the modern Western corporation has been managed according to a tightly defined set of rules and norms. A clear corporate strategy calls for earning at least the cost of capital, growing at a higher rate than the overall market, and managing the portfolio to a "logic" - periodically pruning poorly performing businesses. And with Wall Street analysts ready to applaud CEOs for making their numbers or pulverize them for a one-cent per share miss, there is often little opportunity to change course.

Understanding Independent Distributor Certifications and Anti-Counterfeiting

Quality management systems are at the core of every set of critical business processes, and essential among these are anti-counterfeit strategies. Recently, industry headlines have been replete with analyst and government reports documenting the pervasiveness of counterfeit product in supply chains. Rather than a new problem though, counterfeit criminal activity is as old as business itself, and with this history comes an equally long history of anti-counterfeit strategies and risk management practices.

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Container Lease Fleet Robust in 2011 and Should Remain So This Year

Drewry Maritime Research's latest Container Leasing Industry report indicates that the rental container fleet grew by 10.6 percent during 2011, improving on the 9 percent returned in 2010 and giving a compounded rate of 9.5 percent for the two years combined. Up to 9.5 percent is also being forecasted for 2012, as lease demand is again holding up well.

For Brick-and-Mortar Retail to Succeed Against Amazon, IT Must Be Given Free Rein

If a retailer really wants to compete with Amazon and the changing realities of today's retail environment, it needs to kill the IT budget, disband the IT Steering Committee and throw away the IT project list. It's time for IT to be moved out from under the CFO's reigns. It's time to let go of the past and start thinking about IT as a business enabler, unleashing its full potential to the organization.

The ABCs of Total Landed Cost Modeling

Mike Jones, president of St. Onge Co., explains the value of total landed cost modeling, and how it's affecting decisions to offshore manufacturing activities.

In Today's Economy, You Must Ask if Your Business Model Is Still Relevant

Remember when Motorola ruled the mobile phone business worldwide? And then Nokia did? And then BlackBerry did? And now none of them do? What happened?

Eight Leading Companies to Compete for Supply Chain Innovation Award at Annual CSCMP Conference

Eight corporate teams that demonstrated how their supply chain practices reduced costs, streamlined processes, saved energy, and improved operating efficiencies are finalists in the eighth annual Supply Chain Innovation Award competition presented by the Council of Supply Chain Management Professionals and SupplyChainBrain.

Court Seems to Say Retailers Can Track Shoppers' Movements In and Outside Stores

Retailers wrestling with how far they can legally go with tracking shoppers' movements within their stores and in neighborhoods near their stores have been given an unexpected green light from a federal appeals court.

Stanford Slates Responsible Supply Chains Conference

Stanford University's Graduate School of Business will host a one-day conference on socially and environmentally responsible supply chains. Entitled "Shared Value and Supply Chains - Strategies for Success," the event will take place on Oct. 10, 2012 from 8:30 a.m. to 5:20 p.m., and be followed by a networking reception.

Now, Samsung Accused of Labor Violations in Its Chinese Factories

A labor rights group has accused Samsung of "illegal and inhumane violations" at its factories in China, reporting cases of excessive overtime and exhausting working conditions, with employees being made to stand for up to 12 hours for a single shift.

How Can You Effectively Measure the Performance of Your Managers and Executives?

Measuring the performance of people, especially managers and senior executives, presents a perennial conundrum. Without quantifiable goals, it's difficult to measure progress objectively. At the same time, companies that rely too much on financial or other "hard" performance targets risk putting short-term success ahead of long-term health-for example, by tolerating flawed "stars" who drive top performance but intimidate others, ignore staff development, or fail to collaborate with colleagues.

Despite Drop in Piracy, Task Force Says Shipping Industry Cannot Let Its Guard Down

Operation Atalanta, NATO and Combined Task Force 151 have called upon the shipping industry to continue to take anti-piracy measures despite the current downward trend in piracy events.

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