Log4scm Quest : Global Supply Chain Mega trends 2010 2011 (Sample version)

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Log4scm Quest : Global Supply Chain Mega trends 2010 2011

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Global Supply Chain Mega Trends 2010 - 2011

We are pleased to announce the launch of 'Log4scm Quest' with special issue on '
Global Supply Chain Mega trends 2010 - 2011. This e-magazine can be downloaded by clicking here

For the last couple of years Supply Chain has matured so have its complexities. Considered often as a soft skill, Supply Chain management, on the contrary, is an engineering activity, as much as manufacturing or IT development. This activity requires not only extensive training and skilled people to be carried out efficiently but also trust among the different partners in the chain. That’s the most difficult aspect of Supply Chain management: partners need to trust each others, to share data or even invest in common systems. This trust issue is often the foot trap which blocks, for instance, the development of 3rd PL. 3rd PL need to invest in heavy IT system interconnected with their customer’s systems to provide up to date services but contracts are challenged every 2 years. This is far shorter than the breakeven point, impeding the development of long and fruitful relationship between 3rd PL and orders givers.

There are several aspects of supply chain interaction that have been identified in supply chain trends over the last few decades. The mega-trends reflect fundamental paradigm shifts exhibited by leading firms as they transform their supply chain capabilities to accommodate the long-term transition from an industrial to an Scientific Technology driven society. These mega-trends imply substantial change in logistics practices between supply chain partners as they struggle to establish efficient, effective, and relevant product/service solutions for end-customers. The mega-trends discussed in this paper identify some critical dimensions of change relevant to supply chain value creation.

Well, we have tried to create an enabling environment for the supply chain sector so as to equip supply chain strategists with the changing market trends which could affect them in future. Moreover supply chain is considered secondary focus. We hope Log4scm Quest will create value addition in bringing supply chain in centre stage in companies’ strategic business planning.

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Lack of Process Automation Causes elevated Supply Chain Risk

E2open, a lbusiness-to-business research organization, announced the results of a Supply Chain Benchmark survey focused on trends in managing supply chain risks. Survey findings show that while more than half of respondents have in excess of 500 component suppliers or manufacturing partners, 44 percent have deficient visibility into tier one suppliers, and 75 percent have deficient visibility into tier two and three suppliers. Additionally, more than 80 percent of respondents have not automated or only partially automated their supply chain processes.

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Sical Logistics of india signs pact with NMPT

MUMBAI: Sical Logistics, provider of multi-modal logistics for bulk and containerised cargo, on Wednesday said it has entered into an agreement with New Mangalore Port Trust to set up iron-ore handling facilities.

The company has signed concession agreement with New Mangalore Port Trust on October 19, Sical Logistics said in a filing to the Bombay Stock Exchange (BSE).

The agreement was signed between New Mangalore Port Trust and Sical Iron Ore Terminal (Mangalore) Ltd, a special purpose vehicle arm of Sical Logistics, the filing added

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Ingersoll Rand Names Todd Wyman Senior Vice President, Global Operations and Integrated Supply Chain

Swords, Ireland – Ingersoll-Rand plc (NYSE:IR) today announced the appointment of Todd Wyman as senior vice president, Global Operations and Integrated Supply Chain, effective November 16, 2009. He will report to Michael W. Lamach, president and chief operating officer, and be based in Davidson, NC. Wyman also will be recommended to the Board of Directors for election as an officer. He will be a member of the company's Enterprise Leadership Team.

Wyman joins Ingersoll Rand from General Electric (GE), where he was an elected officer and vice president of Global Supply Chain for GE Transportation, responsible for global manufacturing, sourcing, and distribution. Prior to that, he was general manager, Global Supply Chain for GE Transportation. Wyman joined GE's Manufacturing Management Program in 1989, and progressed to increasingly more responsible roles in operations, sourcing and general management across several GE businesses, including Power Systems, Electrical Distribution & Controls, and Industrial Systems. Wyman holds a bachelor's degree in Management Engineering from Worcester Polytechnic Institute, Worcester, MA.

"As Ingersoll Rand continues to drive toward world-class productivity performance and deliver ongoing benefits from the integration of our businesses, it is imperative that we accelerate our progress in achieving continuous improvement and greater efficiencies across our operations," said Michael W. Lamach, president and chief operating officer of Ingersoll Rand. "With tremendous experience and demonstrated success across all facets of operations management, Todd is well prepared for this critical leadership role and duties that include the development and implementation of long-range strategies to optimize manufacturing operations, develop and leverage a globally integrated supply chain, and transform the ways in which the company applies assets across the enterprise."

Ingersoll Rand is a global diversified industrial firm providing products, services and solutions to enhance the quality and comfort of air in homes and buildings, transport and protect food and perishables, secure homes and commercial properties, and enhance industrial productivity and efficiency. Driven by a 100-year-old tradition of technological innovation, we enable companies and their customers to create progress. For more information, visit www.ingersollrand.com.

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Time for SCM companies to go rural

Thanks to the budget presented by the finance ministry, the rural sector is going to see tremendous growth in the months to come and thereby create opportunities for Supply Chain Companies

The rural demand for the urban products and rural production (particularly agriculture and allied sectors) are going to witness good growth in near future due the support of the finance ministry for the rural sector. According to the budget, Indian Agriculture Sector which was growing with merely 1.5 percent will achieve 4 percent growth rate. Moreover, governement's commitment to boost up indian rural infrastructure will somehow add value to it.

Focus on delivery mechanisms and streamlining of fiscal framework and the increased investment in NREGA and JNNURM by emphasizing both on much-needed macro infrastructural development and the basic alleviation of the common man, with a focus on inclusive growth will positively impact a large number of consumers and this should give a strong boost to rural demand. Increased outlay on social infrastructure and reduction in tax burden on individuals is likely to result into increase in disposable income, which should, in turn, positively impact the demand for the consumer electronics, FMCG and others sectors.

Well, the status of rural supply chain and public distribution system is very weak. Due to lack of storage facilities, almost 25 per cent of the (agricultural) produce is wasted. This is estimated at even 30-40 per cent for many agri-commodities; in such a scenario, there is clearly an urgent need for focused efforts. Expert Committee on Strengthening and Development of Agricultural Marketing have pegged the investment requirement in the sector at Rs 5,400 crore for dry storage and Rs 27,000 crore for cold storages. The storage capacity in the country against production of vegetables and fruits stands at 12 per cent, against the international average of 50 per cent.

However, with enhanced rural infrastructure this could be one of the potential business for the supply chain companies including warehousing companies and others. Sensing this opportunity, some companies including Shree Shubham Logistics, Adani Logistics, etc. have started their operations for the rural parts of the countries. Now time has come to look at Rural India.

Cheers!!
log4scm: All about Indian Logistics and Supply Chain

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