This document provides an overview of key concepts from a university course on lean thinking and operations management. It defines lean as eliminating waste through the involvement of all employees and continuous improvement. The Toyota Production System is discussed as a seminal example of lean. Key lean principles are reducing inventory, stopping problems at their source, producing only what is needed when it is needed, and continuously improving processes. Various lean tools like visual management, kanban systems, and setup reduction are also outlined. The document emphasizes that lean is a philosophy as well as a set of techniques for eliminating waste from operations.
Armend Muja, Innovation Management: linear, coupling and systems innovationArmend Muja
Distinguish the different forms that innovation can take, such as product, service, process, organizational or service innovation
Distinguish between sources of innovation
Describe models of innovation management
Analyze different types of innovation and appreciate their role in firms strategy and entrepreneurship
The document discusses innovation leadership and why innovation is important for competitive advantage. It states that innovation is significant both during economic growth and recession as it allows companies to stand out from competitors and drive new growth. It also positively impacts company culture and the external environment. The document then evaluates different ways to measure innovation performance, stating that the Innovation Index which accounts for patents, employees, R&D spending, and revenue is the most effective approach. Company size and geography can also influence innovation success, though do not guarantee it. Finally, it outlines three phases in the evolution of innovation capabilities over the past 20 years.
Innovation involves creating new products, processes, or services to improve efficiency and gain competitive advantages. Successful innovators are passionate, persistent, optimistic, and protect their ideas. Innovation is important for economic growth and solving problems. While people fear failure, failing is part of learning and progress. There are four types of innovation - incremental, disruptive, architectural, and radical - that help companies innovate. Innovation positively impacts both society through technological advancement and well-being, and organizations through competitive advantages and increased productivity.
Open, agile manufacturing: Will this be the future?Martin Kupp
What drives the future of manufacturing in an ever more open and agile environment? What are the main challenges and opportunities and where can companies turn to learn and avoid mistakes?
Hassan Saif prepared an innovation management report for HSK Ltd that included:
1) An overview of HSK Ltd and its acquisition of a wireless security company.
2) A discussion of innovation management frameworks and leadership approaches needed for organizational change and development of new products.
3) A proposed training plan to develop employee skills across different departments as the company expands into new markets.
This document provides an overview of key concepts from a university course on lean thinking and operations management. It defines lean as eliminating waste through the involvement of all employees and continuous improvement. The Toyota Production System is discussed as a seminal example of lean. Key lean principles are reducing inventory, stopping problems at their source, producing only what is needed when it is needed, and continuously improving processes. Various lean tools like visual management, kanban systems, and setup reduction are also outlined. The document emphasizes that lean is a philosophy as well as a set of techniques for eliminating waste from operations.
Armend Muja, Innovation Management: linear, coupling and systems innovationArmend Muja
Distinguish the different forms that innovation can take, such as product, service, process, organizational or service innovation
Distinguish between sources of innovation
Describe models of innovation management
Analyze different types of innovation and appreciate their role in firms strategy and entrepreneurship
The document discusses innovation leadership and why innovation is important for competitive advantage. It states that innovation is significant both during economic growth and recession as it allows companies to stand out from competitors and drive new growth. It also positively impacts company culture and the external environment. The document then evaluates different ways to measure innovation performance, stating that the Innovation Index which accounts for patents, employees, R&D spending, and revenue is the most effective approach. Company size and geography can also influence innovation success, though do not guarantee it. Finally, it outlines three phases in the evolution of innovation capabilities over the past 20 years.
Innovation involves creating new products, processes, or services to improve efficiency and gain competitive advantages. Successful innovators are passionate, persistent, optimistic, and protect their ideas. Innovation is important for economic growth and solving problems. While people fear failure, failing is part of learning and progress. There are four types of innovation - incremental, disruptive, architectural, and radical - that help companies innovate. Innovation positively impacts both society through technological advancement and well-being, and organizations through competitive advantages and increased productivity.
Open, agile manufacturing: Will this be the future?Martin Kupp
What drives the future of manufacturing in an ever more open and agile environment? What are the main challenges and opportunities and where can companies turn to learn and avoid mistakes?
Hassan Saif prepared an innovation management report for HSK Ltd that included:
1) An overview of HSK Ltd and its acquisition of a wireless security company.
2) A discussion of innovation management frameworks and leadership approaches needed for organizational change and development of new products.
3) A proposed training plan to develop employee skills across different departments as the company expands into new markets.
The document discusses process innovation. It defines process as a combination of activities used to produce products or services. Process innovation involves adopting new ideas and technologies to business functions. Process innovation can increase profits, improve efficiency and productivity, enhance customer value, and reduce waste. Some techniques for process innovation discussed include business process reengineering, total quality management, lean production, kaizen, 5S, and six sigma. The document also covers value chains and how they are managed.
The document summarizes a study on barriers to innovation among small and medium enterprises (SMEs) in the food and beverage industry in Sri Lanka. It finds that external barriers have a statistically significant negative relationship with the number of product, process, and management innovations SMEs implement. The study surveyed 155 SMEs across various sub-industries. It identified major internal and external barriers and used statistical tests to analyze their relationship to innovation levels. The results suggest policymakers should help SMEs overcome external barriers like lack of technology information and government support to promote more innovation.
This document summarizes a lecture on innovation and innovation management. It discusses the role and types of innovation, including product, process, position, and paradigm innovation. It also covers innovation management, noting it must be understood as a core organizational process and deal with complexity. Innovation depends on factors like the type of firm, its goals of survival, growth and profit. Managing innovation requires being systematic by developing routines. Key aspects include invention, technology, knowledge, uncertainty, and moving ideas from tacit to explicit knowledge.
This document discusses innovation management. It defines innovation as a new idea that improves products, processes or services. Innovation management involves guiding new ideas through development, protection, enforcement, and implementation. Key aspects of innovation management include identifying sources of innovation, different types of innovation, models of the innovation process, organizational structures that support innovation, and difficulties in achieving successful innovation management.
Sustainability Innovation Workshops are aimed at improving innovation thinking in increasing an organization's triple bottom line performance. The three pillars of growth for any organization are economic, environment and social. Attending our tailor-made workshop dramatically improve your bottom line results on all three dimensions quickly and efficiently. Drop a note to kme@globalsustainabilitypractice.com or visit http://www.globalsustainabilitypractice.com for further details.
This document provides an overview of Lean Six Sigma. It begins with an example of how lean thinking was applied to solve a problem of empty soap wrappers being delivered. It then discusses the benefits of Lean systems in lowering costs and improving quality. The document defines Six Sigma as a methodology to increase customer satisfaction and profitability by streamlining operations and reducing defects. It outlines the levels in Six Sigma and notes that the focus is on identifying and addressing causes rather than effects. Finally, it provides a case study of how Ford applied Consumer Driven Six Sigma and the DMAIC approach to reduce costs, improve quality, and lower environmental impact.
The document discusses Toyota's creation of a unique synthesis combining quality management, end-to-end value streams, and organizational learning. It presents Toyota's reference model for managing lean organizations, including focusing on vital few priorities, aligning through hoshin planning, analyzing value streams, and achieving stability through gemba management and kaizen problem solving. The model emphasizes defining value for customers and the organization, establishing high-level objectives and interdependencies, deploying through hoshin planning and catchball, and focusing on vital value streams.
Pmi lean management what can we learn from toyota's success story - Lauren...PMILebanonChapter
Lean management focuses on eliminating waste and optimizing processes to increase efficiency. Toyota pioneered the lean approach through its Toyota Production System after World War 2 due to financial constraints. Lean aims to identify and remove non-value added activities through techniques like value stream mapping and by reducing defects, overproduction, waiting times and excess inventory. While some companies initially see benefits from lean, many fail to sustain improvements long-term if they don't fully engage employees and align projects to strategic objectives.
Dr. G. Syamala discusses innovation in a document for the Department of Commerce at Savitribai Phule Pune University. Innovation involves applying creative solutions to appropriate situations. It is the ability to overcome situations using common sense. Innovation differs from invention in that it results in new products, services or processes through the transformation of ideas. Characteristics of innovation include being intentional, challenging, and aiming to benefit an organization. Types of innovation discussed include product, process, radical, incremental, and social innovation. Innovation management concerns planning, organizing and controlling innovation efforts to foster creativity and achieve organizational goals.
Jaguar implemented lean production methods at its Castle Bromwich factory to produce the Jaguar S-Type more efficiently. Key changes included:
1. Transforming to team-based work with small autonomous teams and visual management tools to identify issues.
2. Adopting just-in-time production to minimize waste by matching supply to demand.
3. Using techniques like standard work boards and control boards to promote ownership and continuous improvement.
These lean methods helped Jaguar cut waste and costs in S-Type production. Ford aims to replicate this success at its Halewood plant by training workers in Jaguar's lean approach.
1. Innovation is important for companies to survive as competitors will develop new products that change the competitive landscape. Businesses must adapt and evolve.
2. Innovation has been studied across disciplines like economics, business management, and organizational behavior to understand how science and technology impact economic growth. Studies examined knowledge generation, development of products/processes, and commercialization.
3. The innovation process involves an economic perspective, business strategy perspective, and examining internal organizational activities and individuals who are key to defining problems and having ideas that lead to innovations.
The document discusses innovation in services and provides examples of how services can innovate. It describes the characteristics of services as intangible, inseparable, variable, and perishable. These characteristics impact how organizations innovate in services. The document outlines a process for service innovation including initiation, ideation, integration, and implementation. Locations of service innovation include the front office, back office, consumer communities, and elements of the business model. Managing innovation requires strategic alignment, understanding trends and customer needs, and disciplined implementation. Benefits of service innovation include empowering employees, reducing costs, improving processes, and helping organizations stay competitive.
This document discusses innovation management and provides definitions and characteristics of innovation. It defines innovation as new products, processes or modifications that are introduced to the market or implemented in production. Successful innovating companies systematically collect innovation ideas, encourage employee creativity, and manage projects well. The document also discusses types of innovations like incremental, radical, and systemic innovations. It provides frameworks for classifying innovations and outlines the innovation process.
Business innovation through advance information technologyShubham Panda
hi.... i am shubham sekhar panda. This presentation helps you to know about the information technology in business.
thank you for watching this presentation.
The document discusses agile manufacturing, which aims to rapidly respond to changing customer demand through organizational flexibility. It defines agile manufacturing and why it is needed given globalization and customization trends. The key is determining customer needs quickly and responding rapidly through design, production, and volume/mix changes. Transitioning requires new conceptual frameworks and overcoming dependencies on economies of scale. Real-world examples show how companies like automakers implemented agile practices like distributed mini-plants and customizable production.
Many people think of lean, agile, and lean startup as separate processes. In this presentation we'll talk about how they actually evolved from each other, share the same mindset, and can be combined to be more powerful.
Best Practices for an Effective Innovation ProcessMindjet
In our webinar with Forrester VP and analyst Chip Gliedman, we discuss best practices for implementing an effective innovation process, from ideas through execution.
What is innovation?
Various types of innovation?
The process of innovation.
Examples of successful and unsuccessful innovation.
packaging innovation.
Importance of innovation.
The document summarizes the results of a university supply chain workshop. It discusses the major purchases made by the university, the current use of sustainable criteria in procurement, useful tools and current practices, barriers to sustainability, expectations for improvement, guidelines for a purchasing policy, and next steps to focus on key goods and services and incorporate sustainability. Key areas to focus on include developing a hit list of common goods, standards and specifications, a preferred supplier list, identifying control points in the procurement process, and engaging stakeholders.
The Solution For Today’s Supply Chain Challenges: Demand Driven MRP (DDMRP)SYSPRO
The Solution For Today’s Supply Chain Challenges: An Introduction to Demand Driven Material Requirement Planning (DDMRP).
In this presentation Demand Driven Material Requirements Planning (DDMRP) is briefly explained - how it works and how it can be implemented to improve your supply chain operations.
The document summarizes an upcoming global supply chain management conference that will address new challenges in managing global supply chains. The conference will feature keynote speakers and industry panels discussing current issues and best practices. Nineteen top MBA student teams from around the world will also compete in a case competition centered around a fictional manufacturing company facing global pressures. The conference aims to help participants network, understand industry challenges, and identify gaps between practice and research in global supply chain management.
The document discusses process innovation. It defines process as a combination of activities used to produce products or services. Process innovation involves adopting new ideas and technologies to business functions. Process innovation can increase profits, improve efficiency and productivity, enhance customer value, and reduce waste. Some techniques for process innovation discussed include business process reengineering, total quality management, lean production, kaizen, 5S, and six sigma. The document also covers value chains and how they are managed.
The document summarizes a study on barriers to innovation among small and medium enterprises (SMEs) in the food and beverage industry in Sri Lanka. It finds that external barriers have a statistically significant negative relationship with the number of product, process, and management innovations SMEs implement. The study surveyed 155 SMEs across various sub-industries. It identified major internal and external barriers and used statistical tests to analyze their relationship to innovation levels. The results suggest policymakers should help SMEs overcome external barriers like lack of technology information and government support to promote more innovation.
This document summarizes a lecture on innovation and innovation management. It discusses the role and types of innovation, including product, process, position, and paradigm innovation. It also covers innovation management, noting it must be understood as a core organizational process and deal with complexity. Innovation depends on factors like the type of firm, its goals of survival, growth and profit. Managing innovation requires being systematic by developing routines. Key aspects include invention, technology, knowledge, uncertainty, and moving ideas from tacit to explicit knowledge.
This document discusses innovation management. It defines innovation as a new idea that improves products, processes or services. Innovation management involves guiding new ideas through development, protection, enforcement, and implementation. Key aspects of innovation management include identifying sources of innovation, different types of innovation, models of the innovation process, organizational structures that support innovation, and difficulties in achieving successful innovation management.
Sustainability Innovation Workshops are aimed at improving innovation thinking in increasing an organization's triple bottom line performance. The three pillars of growth for any organization are economic, environment and social. Attending our tailor-made workshop dramatically improve your bottom line results on all three dimensions quickly and efficiently. Drop a note to kme@globalsustainabilitypractice.com or visit http://www.globalsustainabilitypractice.com for further details.
This document provides an overview of Lean Six Sigma. It begins with an example of how lean thinking was applied to solve a problem of empty soap wrappers being delivered. It then discusses the benefits of Lean systems in lowering costs and improving quality. The document defines Six Sigma as a methodology to increase customer satisfaction and profitability by streamlining operations and reducing defects. It outlines the levels in Six Sigma and notes that the focus is on identifying and addressing causes rather than effects. Finally, it provides a case study of how Ford applied Consumer Driven Six Sigma and the DMAIC approach to reduce costs, improve quality, and lower environmental impact.
The document discusses Toyota's creation of a unique synthesis combining quality management, end-to-end value streams, and organizational learning. It presents Toyota's reference model for managing lean organizations, including focusing on vital few priorities, aligning through hoshin planning, analyzing value streams, and achieving stability through gemba management and kaizen problem solving. The model emphasizes defining value for customers and the organization, establishing high-level objectives and interdependencies, deploying through hoshin planning and catchball, and focusing on vital value streams.
Pmi lean management what can we learn from toyota's success story - Lauren...PMILebanonChapter
Lean management focuses on eliminating waste and optimizing processes to increase efficiency. Toyota pioneered the lean approach through its Toyota Production System after World War 2 due to financial constraints. Lean aims to identify and remove non-value added activities through techniques like value stream mapping and by reducing defects, overproduction, waiting times and excess inventory. While some companies initially see benefits from lean, many fail to sustain improvements long-term if they don't fully engage employees and align projects to strategic objectives.
Dr. G. Syamala discusses innovation in a document for the Department of Commerce at Savitribai Phule Pune University. Innovation involves applying creative solutions to appropriate situations. It is the ability to overcome situations using common sense. Innovation differs from invention in that it results in new products, services or processes through the transformation of ideas. Characteristics of innovation include being intentional, challenging, and aiming to benefit an organization. Types of innovation discussed include product, process, radical, incremental, and social innovation. Innovation management concerns planning, organizing and controlling innovation efforts to foster creativity and achieve organizational goals.
Jaguar implemented lean production methods at its Castle Bromwich factory to produce the Jaguar S-Type more efficiently. Key changes included:
1. Transforming to team-based work with small autonomous teams and visual management tools to identify issues.
2. Adopting just-in-time production to minimize waste by matching supply to demand.
3. Using techniques like standard work boards and control boards to promote ownership and continuous improvement.
These lean methods helped Jaguar cut waste and costs in S-Type production. Ford aims to replicate this success at its Halewood plant by training workers in Jaguar's lean approach.
1. Innovation is important for companies to survive as competitors will develop new products that change the competitive landscape. Businesses must adapt and evolve.
2. Innovation has been studied across disciplines like economics, business management, and organizational behavior to understand how science and technology impact economic growth. Studies examined knowledge generation, development of products/processes, and commercialization.
3. The innovation process involves an economic perspective, business strategy perspective, and examining internal organizational activities and individuals who are key to defining problems and having ideas that lead to innovations.
The document discusses innovation in services and provides examples of how services can innovate. It describes the characteristics of services as intangible, inseparable, variable, and perishable. These characteristics impact how organizations innovate in services. The document outlines a process for service innovation including initiation, ideation, integration, and implementation. Locations of service innovation include the front office, back office, consumer communities, and elements of the business model. Managing innovation requires strategic alignment, understanding trends and customer needs, and disciplined implementation. Benefits of service innovation include empowering employees, reducing costs, improving processes, and helping organizations stay competitive.
This document discusses innovation management and provides definitions and characteristics of innovation. It defines innovation as new products, processes or modifications that are introduced to the market or implemented in production. Successful innovating companies systematically collect innovation ideas, encourage employee creativity, and manage projects well. The document also discusses types of innovations like incremental, radical, and systemic innovations. It provides frameworks for classifying innovations and outlines the innovation process.
Business innovation through advance information technologyShubham Panda
hi.... i am shubham sekhar panda. This presentation helps you to know about the information technology in business.
thank you for watching this presentation.
The document discusses agile manufacturing, which aims to rapidly respond to changing customer demand through organizational flexibility. It defines agile manufacturing and why it is needed given globalization and customization trends. The key is determining customer needs quickly and responding rapidly through design, production, and volume/mix changes. Transitioning requires new conceptual frameworks and overcoming dependencies on economies of scale. Real-world examples show how companies like automakers implemented agile practices like distributed mini-plants and customizable production.
Many people think of lean, agile, and lean startup as separate processes. In this presentation we'll talk about how they actually evolved from each other, share the same mindset, and can be combined to be more powerful.
Best Practices for an Effective Innovation ProcessMindjet
In our webinar with Forrester VP and analyst Chip Gliedman, we discuss best practices for implementing an effective innovation process, from ideas through execution.
What is innovation?
Various types of innovation?
The process of innovation.
Examples of successful and unsuccessful innovation.
packaging innovation.
Importance of innovation.
The document summarizes the results of a university supply chain workshop. It discusses the major purchases made by the university, the current use of sustainable criteria in procurement, useful tools and current practices, barriers to sustainability, expectations for improvement, guidelines for a purchasing policy, and next steps to focus on key goods and services and incorporate sustainability. Key areas to focus on include developing a hit list of common goods, standards and specifications, a preferred supplier list, identifying control points in the procurement process, and engaging stakeholders.
The Solution For Today’s Supply Chain Challenges: Demand Driven MRP (DDMRP)SYSPRO
The Solution For Today’s Supply Chain Challenges: An Introduction to Demand Driven Material Requirement Planning (DDMRP).
In this presentation Demand Driven Material Requirements Planning (DDMRP) is briefly explained - how it works and how it can be implemented to improve your supply chain operations.
The document summarizes an upcoming global supply chain management conference that will address new challenges in managing global supply chains. The conference will feature keynote speakers and industry panels discussing current issues and best practices. Nineteen top MBA student teams from around the world will also compete in a case competition centered around a fictional manufacturing company facing global pressures. The conference aims to help participants network, understand industry challenges, and identify gaps between practice and research in global supply chain management.
The document discusses five key supply chain trends facing companies and opportunities for improvement: 1) increased supply chain volatility requires improved flexibility, 2) globalization increases complexity that must be managed, 3) regional configurations can optimize costs, 4) risk management must span the entire supply chain, and 5) integration of supply chain functions is needed. Mobile, analytics, and social media will impact supply chains. Priorities for success include improved planning, flexibility, cost optimization, risk management, and integrated supply chain organizations.
Rethinking your supply chain process to make your business more profitableGA Circular
With increasing incidences of uncontrollable externalities like changing weather patterns and raw material shortages, companies in Asia and around the world are embracing resiliency and responsibility in their supply chain management to adapt, improve their impacts on the workforce, local communities, and the environment.
Supply Chain issues affect at least 8 of the 17 UN Sustainable Development Goals (SDGs) and SDG #12, ‘Responsible Consumption and Production’ provides a new benchmark for business supply chains.
Click through to learn more about how MNCs and startups are tackling these challenges while driving profit.
How to Conquer Demand Volatility and Other Supply Chain ChallengesTAKE Supply Chain
This webinar discusses challenges that companies face with demand volatility and supply chain management. It presents solutions for increasing collaboration with suppliers, gaining visibility into supplier data, expanding workflow automation, and using mobile access to information. Quick solutions discussed include reducing supplier lead times, exploring local suppliers, developing backup supplier networks, reducing materials variety, and ordering more often. The webinar is hosted by TAKE Supply Chain, a company that provides cloud-based supply chain management software and services.
Address the Challenges in Supply Chain and Sustainability Marketing-Alan AickenSimba Events
CSR Leadership World 2014 committee, Simba Events, concentrates to bring the whole system from global network to review and exam CSR issues with 360 angle to discover the earnest ways toward a sustainable economy future!
What is Last Mile Delivery Part 2: Adapting to Retail and e-Commerce Order Fu...Angela Carver
The increasing popularity of omni-channel retailing has created many challenges for transportation and logistics providers servicing retailers. This has forced transportation operations to think outside of the box and make significant changes to their service offering portfolios. Omni-channel retailing has made fulfilling customer orders efficiently and cost effectively much more complex with a variety of new distribution strategies.
E-commerce orders grew 47% between 2009 and 2014 in comparison to only 6% at brick and mortar store locations. E-commerce sales are expected to reach $2.3 trillion by 2017. This shift in retail channel utilization has increased the order fulfillment needs and associated labor costs. Retailers are evaluating existing distribution networks to verify they can handle the added volume and are seeking out additional delivery solutions as a supplement. In many cases, these additions are in the form of local and regional distribution centers.
Rising shipping costs have also been a significant challenge for last mile delivery as they account for approximately 28% of total transportation costs. Shippers have many options for counteracting rising shipping costs including: intermodal freight utilization to link logistics clusters, shipment consolidation with crossdocking, primary delivery channel elimination and click-to-collect/ parcel locker centers to consolidate parcel drop-offs.
Governmental regulations have also created problems related to last mile logistics, both in the US and abroad. Regulations such as vehicle size and weight limitations, parking policies and noise restrictions. To avoid these issues some transportation operations are investing in smaller delivery vehicles for use in local regional delivery operations. These vehicles are typically more compliant with imposed noise and size restrictions. In areas where even these smaller vehicles are not an option some logistics providers have started to offer bike delivery and contracted one-time delivery services through businesses such as Uber.
Demand for up-to-date order information has also become an issue for many omni-channel retailers. Customers now want to know when their order has been accepted, processed, shipped and delivered. In order to provide this level of detail omni-channel supply chains are implementing inventory management software such as WMS with customer relationship management capabilities to provide real-time information to customers.
In order to provide a positive final impression on consumers retailers must focus on last mile logistics. Focusing on these potential solutions can help retailers to improve the effectiveness, efficiency and cost of last mile delivery operations. Learn more from Datex experts now at marketing@datexcorp.com or www.datexcorp.com .
Amazon operates as an online retailer without physical stores. It has around 50 warehouses globally to store inventory and fulfill customer orders quickly. Amazon uses various inventory management strategies like keeping popular items in standard inventory and fulfilling less popular items through just-in-time inventory and third-party sellers. Its supply chain focuses on high responsiveness through multi-tier inventory, efficient transportation, and information systems.
The document is a project report submitted by Akash Singh Thakur for an MBA program. It discusses supply chain management in e-commerce by analyzing the operations of eMart Solutions, an Indian e-commerce company. The report provides an overview of eMart's marketing, human resources, operations, finances, and SWOT analysis. It also examines the supply chain processes involved in procuring and distributing products through e-commerce.
20131202 Value of supply chain analytics for the electronics industry - a st...Thorsten Schroeer
This presentation gives a high level overview on the deployment opportunities of analytics in the electronics supply chain space given the actual supply chain trends within the global electronics industry.
This document summarizes an presentation on e-supply chain management. It begins by defining e-SCM and describing how technology can be used collaboratively to improve supply chain operations and management. It then discusses why technology should be used in supply chains, including benefits like reduced inventory levels, minimizing the bullwhip effect, and increased speed, cost savings, and customer relationships. Issues with implementing e-SCM are also reviewed like commitment from all parties, data accuracy, and over-reliance. Various case studies on e-SCM models in different industries are then presented.
E-commerce is emerging as a way to provide solutions to problems along the supply chain. It facilitates buying, selling, and collaborating between partners in the supply chain. While integrating e-commerce with existing ERP systems leverages prior investments, such integration can be difficult due to the complexity and inflexibility of ERP systems. Order fulfillment is a key area that sometimes faces problems with e-commerce supply chains, especially for B2C transactions, but innovative solutions around delivery times and returns processing are helping to address these issues.
1. The document discusses the supply chain of Amazon, describing how it sources products from suppliers and fulfills customer orders through a network of warehouses and delivery partners.
2. Key aspects of Amazon's supply chain include its fulfillment centers and partnerships with couriers for delivery, as well as programs like Fulfillment by Amazon that allow third-party sellers to store and ship products.
3. Amazon aims to provide customers with fast delivery of a wide selection of products through continuous improvements to its hybrid logistics model and use of technologies like machine learning and data analytics.
Supply chain management refers to managing the flow of materials and products from suppliers to customers. It involves sourcing, manufacturing, distribution, and inventory management. The document discusses strategies for integrating supply chain functions for better performance, such as managing processes instead of functions. It also covers principles of supply chain management like beginning with customer needs and integrating sales and operations planning. Logistics strategy determines the required service levels and costs to meet customer requirements.
Amazon operates a large global supply chain network to support its e-commerce business. It has around 50 warehouses globally, including 20 in the US, to store and fulfill customer orders. Amazon uses a mix of in-house inventory and third-party suppliers to stock products. It aims to deliver most items within one day of ordering to stay competitive. Amazon's supply chain is designed for cost-effectiveness and responsiveness to meet high customer service levels and the wide range of customer demand.
The document discusses e-supply chain management. It defines a supply chain as the flow of materials, information, money, and services from suppliers to factories to warehouses and finally to customers. It lists the key elements of a supply chain as the internal value chain, manufacturing, inventory control, distribution, warehousing, transportation, supplier relationship management and procurement management. It states that partner collaboration, information visibility, speed, cost, quality and customer service are critical to the success of a supply chain and it must be tightly integrated. It outlines common supply chain activities like order taking, order fulfillment, electronic payments, inventory minimization and managing risk. It also discusses supply chain infrastructure, solutions and the components involved in collaborative fulfillment.
Flipkart was founded in 2007 by former Amazon employees with an initial investment of $9000. It is headquartered in Bangalore and has over 4500 employees. Flipkart sells a wide range of products across multiple categories through its website and mobile apps. It has over 15 million products listed and serves over 30,000 orders per day through its 25 warehouses and 60 delivery centers across India. Flipkart aims to maximize its profits through strategies such as stocking popular mid-priced products and providing discounts on older inventory. It also plans to generate additional revenue streams by becoming a distributor and logistics provider for other companies.
- Flipkart was founded in 2007 by IIT Delhi alumni Sachin Bansal and Binny Bansal and is now India's largest online retailer.
- It initially focused on selling books but has expanded into various product categories. Flipkart is funded by venture capital and is profitable.
- Flipkart's success is attributed to its focus on strong customer service, an easy-to-use website and payment options, and robust logistics and supply chain management. It aims to continue its rapid growth and expand into new categories.
- While increased competition from Amazon poses a threat, the growing Indian ecommerce market is large enough for multiple players, and Flipkart's strong brand and customer base
Supply chain challenges and opportunitiesRahul Hedau
The document discusses supply chain challenges and opportunities in the retail industry in India. It provides an overview of the retail industry and major retailers in India. It then discusses supply chain functions and challenges in retail like purchasing, store replenishment, and transportation damages. Opportunities in the growing retail sector are also outlined. The document also discusses Big Bazaar's distribution network and future supply chains, detailing expertise and solutions offered.
Presentation used for internal training with a corporate client in December 2015. Images and text, I hope it's useful. Contact me for more details at: tobias.webb@innovation-forum.co.uk
Innovation in Financial Institutions: a World TourVince Ghossoub
The document discusses innovation in the financial services industry. It provides examples of business model innovations like Prosper and Grameen Bank that connect borrowers and lenders online. It also discusses product innovations like identity theft protection services and mobile banking services innovations that allow transactions via text message. The document advocates that technology enablers and an innovation roadmap can help drive innovation strategies within organizations.
Innovation Report World Tour Of The Financial Services Industry Brant R C...Vince Ghossoub
The document discusses innovation in the financial services industry. It provides examples of business model innovations like Prosper and Grameen Bank that connect borrowers and lenders online. It also gives examples of product innovations like Manulife consolidating debts and services innovations like mobile banking from Citibank Philippines. The document advocates that technology and collaboration are important enablers of innovation.
This document announces a two-day business event on sustainable and ethical cotton sourcing organized by Innovation Forum on March 16-17, 2015 in London. The event will provide a forum for brands, suppliers, traders and NGO partners to understand issues in the cotton supply chain and collaborate to drive sustainable change. It will include sessions on supply chain risks and transparency, challenges companies face in sourcing cotton sustainably, and engaging with farmers and other stakeholders.
Presentation looking how the issues of reputation, reporting and communications in corporate sustainability. It focuses on drivers, practices, outcomes and emerging issues for large companies around the world.
Level of entrepreneurial intensity in corporate entrepreneurshipDeepikaDixit23
Three dimensions characterize entrepreneurial organizations: innovativeness, risk-taking, and proactiveness. There are four types of innovation - discontinuous, dynamically continuous, continuous, and imitation. Firms approach proactiveness in three ways: seeking new opportunities, introducing new products ahead of competitors, and eliminating mature/declining operations. The entrepreneurial grid is a useful tool to define an organization's entrepreneurial strategy based on the frequency and degree of its entrepreneurship.
Po b lecture 6 economic systems and csr studentsDiana Shore
This document discusses principles of business and corporate social responsibility related to the natural environment and ethics. It covers topics like sustainability, environmental considerations in business, stakeholders, and ethical decision making. The key learning outcomes are to discuss the role of business in protecting the environment, the responsibilities of businesses to employees, and good business ethics. It emphasizes sustainability, environmental protection efforts, ethical behavior and dilemmas businesses may face.
Business Ethics - Internal Audit's Opportunity to Influence Organisational Ch...David Mallard
This presentation to the IIA Melbourne speaks to the changing business environment, the strategic reputation risk posed by social media the importance of ethical leadership in creating a highly performing organisation. It also highlights the role Internal Audit can play in influencing positive change, moving Audit along the value curve.
Sustainability for Innovation & framework...Cyril Danthi
This document discusses sustainability and innovation in organizations. It notes that organizations can address social, economic, and environmental issues through both day-to-day management decisions and philanthropic efforts. Sustainability requires considering stakeholders' interests and moving from a focus on profits alone to balanced priorities of people, planet, and profit. Regulations are increasingly requiring organizations to measure and report on their sustainability performance. Innovation is key to both sustainability and business success, with benefits including cost savings, revenue growth, risk reduction, and reputation gains. The document outlines frameworks for identifying material issues, tracking performance, and driving sustainability-focused innovation.
Organizational design is as much an art as it is a science. The process of creating a system in which people can work together to achieve common goals is highly complex and there is no one way to do it right.
In this article, we will explain what organizational design is, what drives organizational design, how to design an organization, and how an effective design can be measured in terms of organizational effectiveness.
In May 2016, Assent Compliance attended the OECD Forum in Paris. This webinar provides detailed insights and key takeaways from the forum. Download your copy here: http://assentcompliance-1.hs-sites.com/webinar-oecd-forum-2016
Tugas Manajemen Inovasi : Microsoft - The New Entrepreneurial ImperativeAdityaWardana23
1) The chapter discusses the new imperative for entrepreneurship in companies due to turbulent market environments. It covers organizational life cycles and how companies can lose their entrepreneurial spirit over time through the stages of creativity, direction, autonomy, coordination, and collaboration.
2) Microsoft is discussed as a case study. It was once dominant due to riding the wave of PC adoption but now faces challenges in innovation. Microsoft is trying to exhibit more corporate entrepreneurship through actions like acquiring startups and heavily investing in R&D to create new products and services.
3) The organizational life cycle model suggests Microsoft is currently in the maturity stage, where growth has slowed after initial high levels, and it must work to avoid a future decline through
The document discusses corporate venturing and provides lessons from a case study. It begins by outlining reasons for corporate ventures including making money, subsidizing R&D, finding new technologies, and attracting talent. It then details a case study of a chairman's initiative at one company that provided funding and support for employee ideas. Key lessons from the case include the importance of an internal innovation ecosystem and barriers to corporate innovation. The document concludes with next steps around sourcing talent, assessing venture risks, studying past innovation histories, and setting goals.
This document discusses concepts of corporate social responsibility including the social contract between firms and society, stakeholder theory, and Carroll's model of CSR. It outlines key issues in CSR such as labor rights, environmental conditions, and human rights. It then discusses the context and key drivers of CSR globally and in developing countries, including NGO activism, responsible investment, litigation, and government initiatives. The implications for enterprises include expanded spheres of influence and CSR management systems. For development, the document discusses the potential for CSR to positively impact labor conditions, environmental controls, and management techniques through supply chains, as well as debates around the economic impacts of CSR.
A presentation looking at trends, drivers, actions, strategy and business ethics, why they matter, who does them well and what the business case is today
Presentation used for teaching students at Kings College London and Birkbeck, University of London (BSc. and MSc respectively) on the case for supplier engagement, the issues, and how some companies are tackling the issue. Case studies from Waitrose, Coca-Cola Enterprises, and others
Building a Growth Engine: How to Drive Sustainable Innovation and Grow.Rob Munro
Driving sustainable growth comes from embracing a systems perspective to our innovation activities.
Because studies show that how you organize can make the difference between average performance from stand out performance.
I’ve found that innovation is not an event and that businesses who create an innovation habit get better results.
You will discover that How you innovate is as important as What you innovate.
World Innovation Convention Technology Trends KeynoteKirstenLKuehl
The keynote was created to share industry trends in technology innovation for business leaders managing innovation disruptions for their organization. There is an overview of corporate innovation best practices, start-ups making positive traction, successful open innovation communities and advice for driving innovation initiatives for business leaders.
The document discusses the business environment and factors that influence businesses both externally and internally. It defines business environment as the sum of all external and internal factors influencing a business. Some key external factors discussed include political, economic, social, technological, environmental, and legal (PESTEL) factors. Internal factors include a company's operations, ethics, and workforce. The document also outlines strategies for businesses to improve their environmental practices such as implementing energy efficiency measures, evaluating energy sources and supply chains, reducing packaging and pollution, and encouraging sustainable transportation.
Similar to Supply chain challenges and what some companies are doing about it (20)
This document summarizes a startup company called InsectBiotech Group that is turning food waste in Spain into sustainable animal feed and fertilizer products using black soldier fly larvae. The startup is raising 1.5 million euros to build a pilot facility and hire employees to operate it. The funding will allow the company to lay the foundations to eventually produce 150,000 metric tons of insect larvae per year and reduce agricultural waste.
The Future of Wine Forum will be a one-day business conference on November 4th in London to discuss sustainability in the wine industry. The agenda will debate topics such as whether sustainability presents opportunities for winemakers, the future of pesticide use, affordable sustainability approaches, and the potential impacts of climate change on wine regions by 2030. Additional sessions will examine certification standards, ingredient labeling, the role of retailers in supporting sustainability, and engaging younger consumers around sustainability. Confirmed speakers include experts from the wine industry, consulting firms, and journalism.
Tools, techniques and strategies for understanding, measuring and communicating impact. 19th-20th June 2018, London. This two-day conference will highlight the latest methods being applied by business to measure the impact of their sustainability programs. We’ll discuss and debate the pros and cons of the different tools and techniques available, whilst assessing what has really worked for companies in practice.
The document discusses sustainable supply chains and the challenges that businesses face in achieving fully sustainable supply chains. It notes that a sustainable supply chain would safeguard the environment and human rights, follow international standards, engage suppliers on social and environmental issues, and have a net positive impact. However, no company yet has a fully sustainable supply chain, as most impacts occur lower in tiers of suppliers. Working to address issues in lower tiers can be difficult and expensive. Traceability, transparency, and government action to create a level playing field for companies are seen as important steps, but full sustainability may not be achievable by targeted dates of 2020, 2025 or 2030.
Brochure for a joint conference between Innovation Forum and Bon Sucro on sustainable sugar cane, to held in London on December 4-5 2017. This is the third event in our recent series on sugar cane.
An excerpt from our new Supply Chain Risk & Innovation publication: http://innovation-forum.co.uk/supply-chain-risk-innovation.php
A key mechanism of the sustainability movement, commodity certification has proved fairly effective in the fight against environmental destruction. But do global systems designed to drive best practice have their limitations?
An excerpt from our new Supply Chain Risk & Innovation publication: http://innovation-forum.co.uk/supply-chain-risk-innovation.php
As a result of its industry-leading position, tech giant Apple's efforts on sustainability have come under significant scrutiny - especially when it comes to working conditions at factories in China. Now, via audits, reporting and increased engagement, it is making a difference.
This document describes a subscription publication about sustainable supply chain management. It provides analysis and insight into key industries like apparel, consumer goods, and food and beverages. The publication benchmarks performance against competitors and provides case studies on corporate strategies and initiatives. It also covers trends in areas like NGO campaigning, sector risks and values, and upcoming issues. Subscribers benefit from cross-industry news and analysis to inform their work. The publication examines challenges like reducing antibiotics use, human rights, child labor, and certification standards. It costs £495 annually for 25 pages of condensed insight per issue.
Modern slavery and forced labor continue to exist in global supply chains, with recent examples uncovered in industries like shrimp fishing in Thailand and coffee plantations in Brazil. New legislation in countries like the UK and US requires large companies to increase transparency about their efforts to address risks of slavery in their supply chains. While some companies have made progress through initiatives like strengthened recruitment policies and local monitoring of high-risk areas, most agree that eradicating slavery from global supply chains remains a significant challenge that requires distinct policies, activities, and approaches.
Management briefing from Innovation Forum on sustainability in the apparel industry. The report provides a concise snapshot of the latest trends and challenges facing the industry, and looks at how business is responding.
Management briefing from Innovation Forum on seafood and aquaculture sustainability, highly relevant for the US market and global companies working in seafood sustainability and CSR.
A huge challenge lies ahead of the world's biggest restaurant chain, largely run by franchises.
Taken from Innovation Forum's Supply Chain Risk & Innovation publication, published ten times a year on a subscription basis. The publication brings together concise, practical insight into global supply chains.
Required reading for senior management, buyers, business sustainability professionals and all who advise them, Supply Chain Risk & Innovation distils all the myriad information, data, research and comment, presented it in a clear, analytical format.
This piece comes from our third issue, to which you can receive as part of a free 3 month trial, should you subscribe by Friday 4th March here: http://innovation-forum.co.uk/supply-chain-risk-innovation-subscribe.php
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Targets versus achievements - this article compares what a company said it would do with what it has actually achieved. This time, the focus is on Ikea.
Taken from the second issue of Innovation Forum's new regular monthly publication, Supply Chain Risk & Innovation, which covers all the key trends, stats, numbers, critical analysis, campaigns and analysis in sustainable supply chains world-wide. Published ten times a year at: http://innovation-forum.co.uk
This document provides information about an upcoming conference on "Sustainability for Smallholders" to be held in London on March 22-23, 2016. The conference will address major risks facing smallholder farmers and how to develop programs and solutions to boost their resilience. Over 200 attendees, including representatives from food companies, donors, NGOs, and governments will discuss strategies around access to finance, markets, climate change, and collaboration. Breakout sessions will cover topics such as insurance, engaging women, land rights, and building community support. High-level speakers from organizations like Fairtrade, Mars, and Root Capital will provide insight and guidance. The goal is to have practical discussions that can inform business strategies and lead to scalable solutions
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Sample issue of Innovation Forum's new regular monthly publication, Supply Chain Risk & Innovation, which covers all the key trends, stats, numbers, critical analysis, campaigns and analysis in sustainable supply chains world-wide. Published ten times a year at: http://innovation-forum.co.uk
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Taken from Innovation Forum's new Supply Chain Risk & Innovation publication, published ten times a year on a subscription basis. The publication brings together concise, practical insight into global supply chains.
Required reading for senior management, buyers, business sustainability professionals and all who advise them, Supply Chain Risk & Innovation distils all the myriad information, data, research and comment, presented it in a clear, analytical format.
Find out more here: http://innovation-forum.co.uk/supply-chain-risk-innovation.php
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Supply chain challenges and what some companies are doing about it
1. How irresponsible business affects the world,
and what some companies are doing about it
Tobias Webb, Founder & MD, Innovation Forum
November 6th 2014, Riga
www.innovation-forum.co.uk
Tobiaswebb.blogspot.com
tobias.Webb@innovation-forum.co.uk
2. A key point to remember
• Not many companies mean
to have negative influences
• Generally it happens by
accident
• Companies don’t think about
impact and consequences of
actions
• Bad systems, short term
thinking and poor institutions
mean incentives are often
wrong
7. So how are some companies trying to respond to this?
• Policy development via stakeholder engagement
• Policy implementation and target setting
• Supplier and business partner engagement
• Investor and campaign group conversations
• Seeking benchmarks with peers
• Tuning ‘risk radar’ to upcoming issues
• Embedding new practices into the business
8. Asia Pulp & Paper, Wilmar, Cargill & zero deforestation
12. Why do companies take these actions?
• Reputation risk management
• Supply security
• Customer retention
• Moral imperatives
• Employee recruitment, retention and motivation
• Investor and campaign group pressure
• License to Operate (political and social)
13.
14. So, what does the future look like?
• Global environment under pressure (50% of species lost in last 50 years)
• Rising population & consumer demands (9 billion by 2050)
• Political & economic volatility
• Increased transparency and perhaps regulation
• Pressure to tackle risks – and seize innovation opportunities
• Final point: Innovation in design, process, management and engagement will
be KEY to better management and business success in the long term!
15. Thanks, and contact details:
Tobias Webb
Founder and Managing Director
Innovation Forum
1 Rivington Place, London EC2A 3BA
+44 (0) 203 780 7432 / +44 (0) 7867 416 646
tobias.webb@innovation-forum.co.uk
www.innovation-forum.co.uk
Check out the Smarter Business blog at:
http://tobiaswebb.blogspot.co.uk