Written by two American consultants, this book is a paean to the “power of simplicity”. The authors set the mood in the first chapter when they claim that “Complexity is not to be admired. It’s to be avoided”.
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Many new theories and approaches to the management of the supply chain have been introduced over the past 20 years as purchasing and supply functions have developed to help the organisation cope in a changing environment. This book sets out these many theories and approaches in the context of the wider business effect and the management of that business.
IBM made a big commitment to the supply chain software market at its global supply chain executive conference last month. The company, which specialises in electronic business, launched a raft of initiatives including a supply chain services practice and a number of joint product marketing programmes with software vendors.
Commerce One, a provider of enterprise procurement systems, has bought Veo systems, a leading solutions provider of Extensible Markup Language (XML)-based open commerce networks. The move is intended to help develop XML business-to-business electronic commerce systems to facilitate Internet trading.
Economic slowdown is causing companies of all sizes to take longer to pay their bills, according to a survey of more than 200,000 firms by Experian. The worst offenders were large banks, taking an average of 82 days to pay their bills - 16 days longer than six months ago.
Business success is easy, isn’t it? Research a great product; be first to market; delight the customer; keep on adding new “bells and whistles”; build barriers to entry; exploit your dominant position; and have enough “world-class” management to keep the show on the road. The strategic dilemma is why so many companies that possess these attributes by the bucket-full then fail.
Business advisory firm Business Europe has launched a business support website for the 18 million small and medium sized enterprises (SMEs) in Europe. The site provides advice on all aspects of business, including avoiding red tape, making financial decisions and taking advantage of e-commerce. There will also be “how to” guides on sourcing suppliers.
The New Electricity Trading Arrangements (Neta) will go live on 27 March 2001, according to energy regulator Ofgem.
Car manufacturer Rover is seeking closer relations with major specialist components and tooling suppliers to cut development and costs. MG Rover chairman John Towers told a motor industry conference in Cardiff that discussions were in the early stages, but they focus on sharing technologies to cut development costs. He did not rule out a tie-up with another car maker.