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Making Sense Out Of Supply Chain Management Consulting

The current economic reality we are dealing with is forcing businesses to become more cost-effective. Looking at the cost of production for either a product or service is very important aside from governmental influences. Reaching out for supply chain management consulting will be a very important step in truly understanding the costs associated with getting your product to the end-user. Many businesses do not take the time to understand that their processes may be inefficient; instead the bulk of their time is focused on sales and customer service. Knowing where to start when sourcing for logistics overview services can start with colleagues and associates. They may be familiar, or having standing relationships with, some excellent firms in the field. If this does not turn up any options then your firm can do some research for a reputable company to work with. The supply chain management consulting firm that is selected should be someone that makes you feel at ease while at the
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Offshore Outsourcing - Can We Have Our Cake and Eat It?

Offshore outsourcing has revolutionized global commerce and has had - and continues to have - a vast impact upon economies and societies worldwide. In an attempt to throw some light upon the scale and consequences of this impact, we convened a roundtable debate featuring representatives from across the world and from a variety of sectors. The debate addressed the following questions: * What has been the economic and social impact of offshore outsourcing upon sourcing locations and locations from which activities have been offshored? * Is there a need for greater international legal regulation of offshore outsourcing? * What will be the consequences for offshore outsourcing of the current financial crisis - and might offshoring be a reversible trend? Attending were: Duncan Aitchison Partner & President TPI EMEA TPI is a leading sourcing, organizational transformation and business advisory firm offering services across a wide range of functions and domains. Stan Lepeak M
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PPM - Projects Must Be Consistent With the Firm's Culture and Values

In a previous post, I discussed several things companies can do to help align projects with a firm's goals and strategies. In this article I will address the second item that needs to be completed for PPM to be effective. Projects must:  Be aligned with the firm's strategy and goals Be consistent with the firm's values and culture Contribute (directly or indirectly) to a positive cash flow for the enterprise. Effectively use the firm's resources-both people and resources Not only provide for current contributions to the firm's health but must help to position the firm for future success. Projects Must Be Consistent with the Firm's Values and Culture Geographic location, language, religion, race, values, gender, politics, and economic status are just a few of the many things that comprise an organization's culture. Ignoring these cultural differences in project management can be a major detriment to any project, especially in the international wo
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How An International Management Consulting Firm Can Be An Indispensable Business Partner

Entrepreneurs and owners of small businesses typically rely on their own knowledge and resources in managing their businesses. Generally, their major concerns evolve around how they can get a return on their investments in the quickest and most efficient means possible. Yet, no matter how competent they are as business managers - they are able to meet deadlines, complete projects on time, and handle their staff well - they may still not be successful in realizing the highest potentials of their businesses. Usually, small business owners and entrepreneurs do not see the value of an intervention from a global business strategy consulting firm. Most of these businesses do not invest in these international management consulting companies because they simply do not realize the need and the value of such an intervention. Actually, intervention from global business strategy consulting firms can result in greater opportunities for their businesses. These firms are generally more knowledgeab
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Management Consulting Firms - A Friend In Need For Startup Companies

Experience is gained through hard work and perseverance. No one arrives in this world with prior knowledge and understanding. An apprentice, by tenacity and dedication becomes an expert. In case of businesses also, it is through a small step that a company gets introduced in the market. With initial sufferings, struggles and undaunted spirit it becomes a concern to look out for. In such cases, some are really lucky with funds while others are not. But, there are bright entrepreneurs ready with brilliant ideas, without having adequate resources. Such projects are known by the name of startup projects or companies. Some typical features like paucity of funds, but having good ideas and ability to garner good returns in future are common. In earlier times, these projects used to die natural death without having any security. However, with the entry of management consulting firms and angel investors and venture capitalists, new aspirations for such companies are on the rise. Organizati
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Foreign Businesses In The UAE And Free Zones: Neil Petch

The UAE (United Arab Emirates) is one of the most powerful economies in the world today. This is a country that consists of seven distinct emirates or principalities which are Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah, and Umm al-Quwain. The unique location of the UAE on the globe puts it in an excellent spot for business with its easy accessibility to the European and Asian Markets. With this, it boasts of excellent foreign business policies making it a prime location for expanding business overseas. The country possesses an extensive network of specialists that aid in company formation who are focused on working with foreign businesses who wish to expand into the UAE, and one of these is Virtuzone by Neil Petch. Businesses that are looking to expand into the UAE will find that there are two different ways for them to set up their company. One of which is within Free Trade Zones and the other, outside of these zones. The difference between the two is that within Fr
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