The document discusses several case studies of how companies managed their IT functions and projects, including both successes and failures. It provides lessons for treating IT as a business system aligned with corporate strategy, ensuring executive oversight of major projects, and setting IT priorities based on business needs rather than technology alone. It also summarizes the factors that contributed to Nike's failed global supply chain project and Cisco's large inventory write-off despite having sophisticated IT systems.
The Role of IT in Supporting Mergers and AcquisitionsCognizant
Involving IT teams early and often during mergers and acquisitions can help enterprises realize more value from the operational and market synergies that bring businesses together.
Why do we_model_in_the_uk_monitor_in_japan_and_manage_in_the_usaMetron
This document reflects upon the current and future practice of capacity
management and considers why it might be different in different
countries. The author has experience in the UK, USA and Japan and
will concentrate on these, with particular emphasis on Japan as it is
possibly the least known of the three. This is in fact a biased view and
possibly any differences might simply be a reflection of each country’s
‘perceived persona
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The Role of IT in Supporting Mergers and AcquisitionsCognizant
Involving IT teams early and often during mergers and acquisitions can help enterprises realize more value from the operational and market synergies that bring businesses together.
Why do we_model_in_the_uk_monitor_in_japan_and_manage_in_the_usaMetron
This document reflects upon the current and future practice of capacity
management and considers why it might be different in different
countries. The author has experience in the UK, USA and Japan and
will concentrate on these, with particular emphasis on Japan as it is
possibly the least known of the three. This is in fact a biased view and
possibly any differences might simply be a reflection of each country’s
‘perceived persona
Management Information Systems,
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White paper achieving the most economically advantageous applications solutio...Newton Day Uploads
This is a White Paper that I produced in 2010 on the subject of how organizations have the potential to always achieve the most economically advantageous application solution for their business by insourcing IT thanks to the evolution of near-real-time applications authoring.
Align Information Technology and Business Strategy Salman Memon
Align Information Technology and Business Strategy
The mission critical, long-term IT choices made by a firm.
Commitment to build IT capability
http://phpexecutor.com
Strategic Management and Information Technology OutsourcingFarooq Omar
Projects in Strategic Management, pertaining to the different parameters of projects involved in overall functioning of value projects.
This brief describes hoe the organization have different choices to utilize the information technology management (ITM) impacts in different options of outsourcing and its importance in terms of impacts on its value chain performance.
Information technology in global arena & enterprise resource planningSubhajit Bhattacharya
INFORMATION TECHNOLOGY IN GLOBAL ARENA & ENTERPRISE RESOURCE PLANNING. This presentation describes how Information Technology is overall impacting the global arena and how IT is necessary for the organizational growth in the competitive global market.
Role of ERP and how ERP can further enables business to run more productively and bring organization wide growth. The key constraints to identify the correct ERP suite. An overview of ERP project management and ERP as a service on cloud infrastructure.
17 Must-Do's to Create a Product-Centric IT OrganizationCognizant
Tightening IT-business alignment and embracing Agile, DevOps and Lean Startup principles, while transcending traditional project management disciplines by incorporating product engineering rigor, are critical to creating an effective, digitally enhanced business.
Charles King, Pund-It, Inc believes that the term 'enterprise system' has to be redefined to meet the today business process, application and workload.To know more about the IBM System z, visit http://ibm.co/PNo9Cb.
If you are a senior IT leader, you need to make the same kinds of disciplined choices for your department that the CEO and top leadership team are making about the strategic direction of the enterprise. Here's how to develop a sophisticated, more strategically oriented information technology approach--based on six ways to create value for the enterprise, and five archetypes that resolve the tension among those six value drivers.
Loudoun SBDC Information Technology (IT) Investment CIO and Due Diligence Str...Ted McLaughlan
Information Technology (IT) concerns and strategies a Chief Information Officer (CIO) deals with are equally relevant for small businesses and startups, as they are for larger businesses. A presentation to the Loudoun Small Business Development Center (SBDC).
Small and Medium Businesses feel the desperate need for adopting IT, yet no single vendor solution seems to serve their plight. Does this call for an entirely different service model?...
As High performing businesses need to respond quickly to market changes, improve operational efficiency and accelerate growth. know more about how netmagic’s IT infrastructure services can help.
The Belgian Railways Journey to Enterprise Information ManagementStephane Haelterman
Agendat: Introduction, Definition, Motivation, Information Management, Framework, Dimensions, Inventory, Strategy, Corporate objectives, Value, Return-On-Investment, Aproach, Information Governance, Information Architecture, Unstructured data management, Information Security, Communication channels, Next Step.
White paper achieving the most economically advantageous applications solutio...Newton Day Uploads
This is a White Paper that I produced in 2010 on the subject of how organizations have the potential to always achieve the most economically advantageous application solution for their business by insourcing IT thanks to the evolution of near-real-time applications authoring.
Align Information Technology and Business Strategy Salman Memon
Align Information Technology and Business Strategy
The mission critical, long-term IT choices made by a firm.
Commitment to build IT capability
http://phpexecutor.com
Strategic Management and Information Technology OutsourcingFarooq Omar
Projects in Strategic Management, pertaining to the different parameters of projects involved in overall functioning of value projects.
This brief describes hoe the organization have different choices to utilize the information technology management (ITM) impacts in different options of outsourcing and its importance in terms of impacts on its value chain performance.
Information technology in global arena & enterprise resource planningSubhajit Bhattacharya
INFORMATION TECHNOLOGY IN GLOBAL ARENA & ENTERPRISE RESOURCE PLANNING. This presentation describes how Information Technology is overall impacting the global arena and how IT is necessary for the organizational growth in the competitive global market.
Role of ERP and how ERP can further enables business to run more productively and bring organization wide growth. The key constraints to identify the correct ERP suite. An overview of ERP project management and ERP as a service on cloud infrastructure.
17 Must-Do's to Create a Product-Centric IT OrganizationCognizant
Tightening IT-business alignment and embracing Agile, DevOps and Lean Startup principles, while transcending traditional project management disciplines by incorporating product engineering rigor, are critical to creating an effective, digitally enhanced business.
Charles King, Pund-It, Inc believes that the term 'enterprise system' has to be redefined to meet the today business process, application and workload.To know more about the IBM System z, visit http://ibm.co/PNo9Cb.
If you are a senior IT leader, you need to make the same kinds of disciplined choices for your department that the CEO and top leadership team are making about the strategic direction of the enterprise. Here's how to develop a sophisticated, more strategically oriented information technology approach--based on six ways to create value for the enterprise, and five archetypes that resolve the tension among those six value drivers.
Loudoun SBDC Information Technology (IT) Investment CIO and Due Diligence Str...Ted McLaughlan
Information Technology (IT) concerns and strategies a Chief Information Officer (CIO) deals with are equally relevant for small businesses and startups, as they are for larger businesses. A presentation to the Loudoun Small Business Development Center (SBDC).
Small and Medium Businesses feel the desperate need for adopting IT, yet no single vendor solution seems to serve their plight. Does this call for an entirely different service model?...
As High performing businesses need to respond quickly to market changes, improve operational efficiency and accelerate growth. know more about how netmagic’s IT infrastructure services can help.
The Belgian Railways Journey to Enterprise Information ManagementStephane Haelterman
Agendat: Introduction, Definition, Motivation, Information Management, Framework, Dimensions, Inventory, Strategy, Corporate objectives, Value, Return-On-Investment, Aproach, Information Governance, Information Architecture, Unstructured data management, Information Security, Communication channels, Next Step.
The ideal IT budget: Best Practice vs RealityCRMT Digital
Best practice and reality are often at odds when it comes to winning the ideal IT budget. But collaboration can bridge the gap and deliver great results for marketing and other key business areas.
Closer collaboration between Marketing and IT can help your business make better use of its IT budget, boost the impact and ROI of successful campaigns, and take IT to the strategic heart of the enterprise.
The rapid rate of technological change can be overwhelming. Everyone sometimes needs to have a virtual CIO on call.
A virtual CIO can help the CIO, IT director, or business owner evaluate new technology, translate between IT and the business units, motivate and mentor effectively, and keep the big picture in focus. This holistic approach helps to create value, integrate systems, save costs, lower risks, increase innovation and produce successful outcomes.
IT Consultation — Expert, unbiased advice on a breadth of operational and strategic areas. This is tailored to the organization’s need, size, culture, and cost preferences. It may consist of providing a second opinion; briefing on industry best practices (e.g., for disaster recovery); building a support infrastructure (e.g., for mobile device support); or doing the problem analysis, plan, cost justification and presentations to the Board, among other possibilities.
Cloud Readiness Audits — Assessment of existing systems architecture, recommendations on which operational, financial, and accounting processes that could be moved to the cloud, and how to do so.
Rescue Assessments — Highly focused, impartial review of breakdowns in systems, applications, infrastructure and more. No finger-pointing, just a solid plan to fix the problem and get you back on track.
Support for Relocations — Experienced and thorough guidance in planning and executing the relocation of servers, networking and other computing assets to ensure efficiency, safety and continuity of operations.
Mentoring — Skills assessment and development; executive coaching; linking business and technology objectives to team performance; and requirements definition for strategic staffing.
Information Driven Enterprise Architecture - Connected Brains 2018LoQutus
In this session we will show you how to deliver business
improvements with enterprise and information architecture. During this session you will get new insights to increase value to the organisation. We also explain our LEAF framework, an integrated EA framework leveraging information to build architectures more quickly.
Enterprise Architecture - Why it is needed, now Dennis Layton
There are a lot of presentations about What EA does, and I wanted to say something about Why we do it. While there is a lot of discussion around the scope of EA, this is an unapologetic IT-centric perspective, because that is where many EA organizations have emerged. My only instructions on how to present this material is to do it with some passion.
Dennis Layton 2010
Thanks for the videos! Management Information Systems. http://toptenmba.com
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See full list of MIS Videos: https://www.youtube.com/watch?v=51uGOkJrqD8&list=PLRYuVYJhTowQx144mVepzY_ZEL5-frcBh
Free MIS Ebooks 2016: https://drive.google.com/drive/u/1/folders/0ByL8IO2RG9cVZDZ6QWhiWVI0bms
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how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
2. A Big Splash In Wall Street in March 2001... Nike Says Profit Woes Due To IT Philip Knight, Nike’s Chairman and CEO, blamed the “complications arising from the impact of implementing our new demand-and-supply planning systems and processes” for the shortages of some products and excess amounts of others as well as late deliveries. Result: Profits Fell Short of Estimate by 33% I guess my immediate reaction is: This is what we get for $400 million? Source: Computerworld, March 5, 2001
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5. ---------- SUCCESS --------- FAILURE @ ASIAN PAINTS FACTOR @ NIKE Restricted to India Number of locations Suppliers across the globe Decided to install SCM software before ERP software Top management insight Did not recognize the complexity of a global Supply Chain Project Phased – First SCM, then ERP, last CRM Implementation strategy Three packages simultaneously – Nike IT staff spread thin Restructured in 1998, before SCM Project – only modest customization needed in the software Organization issues Heavy customization of i2 software to fit Nike’s business processes – no pilot test due to aggressive time-table i2 played a proactive role - suggested implementing smaller modules one at a time. i2’s role i2 did not adhere to what it did usually – it adopted a big-bang rollout approach
6. An Opportunity to be Seized. . . - Computers used in Business for Nearly Five Decades - Dazzling Progress in Technology - Significant Investments in IT Infrastructure Hardware, Software and Peopleware Focus on OPERATIONAL SYSTEMS has blurred the potential of using IT for MANAGING the Business YET . .
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10. Companies That just Don’t Get IT! In the near future, some management guru will write a book about how executives in the 1990s spent too much money on IT because they were afraid to manage it properly. Unsure of what went on in the “black box”, they put their trust in technological experts to deliver business value from IT investment… CEOs don’t seem to apply the same management scrutiny to their IT department as they do to the rest of the organization. Source: Wall Street Journal , December 12, 1996
11. Why IT is a “Black Box” to Top Management … Unsure of what goes on within it and not particularly anxious to find out … Do not know “the right questions to ask and the wrong answers” … Cannot penetrate the “techno-speak” of the IT group
12. Treat IT as a Traditional Business System - Does Not Require “T” Knowledge Business Strategy & Planning Product Development Operations Customer Service IT Strategy & Planning IT Applications Development & Implementation IT Infrastructure Operations User Support Typical Business Functions Typical IT Functions IT should be managed like any business system to deliver value.
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18. A Key Lesson - How to View IT Investment In the information age, spending less is no longer the goal; getting benefits and maximizing cost effectiveness is the goal… … We manage IT as an integral part of every function in the company. Manufacturing decides how much to invest in IT, and IT becomes part of the COGs (Cost of Goods). The same thing happens in R&D, sales, finance, marketing and distribution, human resources, etc. While all this seems pretty obvious, it’s amazing the number of companies that lump most of their IT into G&A (General & Administrative) expense, and then manage IT to minimize the cost as if it were a necessary evil.
19. The Customer is THE Business - Pervades IT Department Too I have 150,000 registered Customers hooked up - those are customers with a big “C” - compared to 15,000 Cisco employees. In contrast to most internally focused IT organization in many other companies, my mission does not primarily focus on providing services and systems to meet the needs of the employees of the business. In fact, I refer to my employee users as clients, and not as customers. Customers that are using our systems directly express higher satisfaction with us, and enjoy a lower cost of doing business with us than those who do not use our systems. And, of course, we also lower our cost of doing business. CIO spends 25% of his time meeting with customers to brief them on his IT mission, strategies, organization structure and applications.
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24. The Demand Chain CISCO Ford Boeing Merrill Lynch Auto Dealers Auto Buyers Airlines Air Travelers Stock Traders
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37. Management Imperatives - To Make IT Business-Smart 4. Head of IT should be business savvy and be an “equal among peers” in the boardroom – CIO is not just a change of title
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43. Cemex Today….. - World’s third largest cement manufacturer -- Has plants in 30 countries -- Sales in 60 more countries -- More profitable than either France’s Lafarge or Switzerland’s Holcim - A blue-print of a “smart” business model -- Added a brilliantly integrated layer of IT to an asset-intensive low-efficiency business -- In today’s digital age, anyone can play! - Essentially built a “bits” factory to complement and support the “atoms” factory
44. The Beginning - A New CEO in 1985 Business Issues 1. An overly diversified company - Also owned hotels, petrochemical plants, mining companies, etc 2. High volatility of the Mexican economic and financial systems 3. Price pressure from more efficient multinational companies 4. Growing competition from new low-cost Asian companies A number of factors could be listed in the “excuses” section of the CEO letter in the annual report. But the new CEO, grandson of the founder and a Stanford MBA, preferred to change the rules of the game!
45. The Transformation…. - Started by divesting almost all the non-cement businesses - Hired a Wharton MBA to serve as Chief Information Officer Powerful partnership was THE key -- A CEO attuned to the strategic value of IT -- A CIO with a genuine understanding of business
46. Delivering Ready-mixed Concrete -A Tough Business Anywhere! - A logistical nightmare to get mixer trucks from the plants to the building sites at the right time -- cement has to be poured within 90 minutes of mixing. - Especially so in Mexico -- wild weather, traffic gridlock, work stoppages and arbitrary government inspections may hit at any time -- And, customers (contractors at the site) who are always changing their orders - 50% of orders are cancelled or rescheduled or changed (vs 5% change rate at a US Cemex affiliate) - Cemex tried to force customers into predictability -- Required orders 24 hours in advance -- Imposed price penalties for change - Still, could promise delivery only within 3 hours
47. Starting Point: Who Else has Solved Our Problem? - Benchmark the Best World-Class Practices Fed-Ex - Customers never provide forecasts - Achieved unparalleled speed and reliability of delivery of packages to millions of destinations around the world, using Memphis as a hub . Exxon - Tracking, scheduling and rerouting oil shipments - Global fleet of tankers, at the mercy of ocean weather, military and political unrest, was efficiently managed Houston 911 Center - Coordinates hundreds of ambulances, fire and police vehicles in response to unpredictable, often life-threatening, emergency calls - Deal with city traffic, inaccurate addresses and incomplete information
48. Common Thread in the Three Companies….. They had developed systems for quickly and accurately capturing, responding to , and sharing information about their customer’s needs. As a result, they were able to substitute management of information for deployment of costly assets such as trucks, ships and employees - BITS in place of ATOMS .
49. The IT-Enabled Solution CEMEXNET, a satellite system for communications (1987 - 89) - Connected 11 Cemex cement factories in Mexico and 175 mixing plants with central “operations center” - Central coordination of supply and demand instead of each plant operating independently - Central dispatching system for routing of 1500 trucks; previously each plant had its own fleet of trucks Computer terminals installed in every delivery truck with Global Positioning Satellite (GPS) systems - Could dispatch the right truck to pick up and deliver a particular grade of cement (8000 products) - Reroute the truck when the chaotic traffic conditions delayed delivery - Redirect deliveries from one customer to another if last- minute changes were made
50. Expert System - For Smarter Decisions - To project order rates by day, hour and location -- improved predictions as the data grew - Customer site of the incoming order is triangulated against the mixing plants and delivery trucks scattered throughout the city - ”Best” combination selected based on traffic, pouring conditions and the pattern of predicted orders
51. The Payoff... - Reduced the 3-hour delivery window for ready-mix concrete to 20 minutes with reliability of over 98%. Goal: 10 minutes. - Fewer lost orders because the phone systems aren’t tied up - Uses 35 % fewer trucks -- Less inventory in transit -- Large savings in fuel, equipment maintenance and payroll costs.
52. Cemex’s Unique Value Proposition To Its Customers - Rapid Responses -- Order changes and same-day delivery are standard service - Reliability -- Worry less about late deliveries -- Avoid huge costs of idle workers in case of late deliveries - Guarantee -- If the truck is late by over 20 minutes, buyer gets rebate of 5%
53. New Technology is Nothing Without New Attitudes ... - Dispatchers were told: “ You are no longer scheduling; you are committing.” - Compulsory computer and customer-service training for drivers (with an average schooling of 6 years) -- Six hours at half-pay -- every Sunday for 2 years - Changing of “old” work rules -- Unions consented on the promise that more efficient trucks meant higher pay. It is better for the Company as well as for us. As a matter of fact, we are the Company. (Salvador Lamas, a truck driver and union leader)
54. Today: IT is a Separate Business - Spun off the internal IT department, Cemtec, and joined it with 4 other Spanish and Latin American firms in 2000. -- Created Neoris, an IT consultancy - Neoris is now part of CxNetworks -- a Miami-based subsidiary that Cemex wants to use to turn itself into an e-business - Launched under CxNetworks: -- Construmix: a construction industry online marketplace -- Latinexus: an e-procurement site