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Atricle Dump - Supply Chain Risk Management: An Introduction
How to Pay a Powerful Compliment
I received a powerful testimonial from a client. I often receive nice letters after my presentations, but this note stood out as exceptionally genuine, specific and sincere. I read it twice, and that got me thinking.I write ‘Thank you’ notes every week to colleagues, suppliers and friends. Perhaps you do, too. But how many of my notes – or yours – pack such a positive punch?I thought, ‘If I am going to take the time to send a note, why not write one that really stands out?’So I studied my client’s message again and found four distinct elements working closely together:1. Acknowledge the high level of quality received.2. Report the impact this quality had on the people.3. Explain how the experience exceeded expectations.4. Gesture towards positive interactions in the future.This formul
is where risk management is assuming a criticaI received a powerful testimonial from a client. I often receive nice letters after my presentations, but this note stood out as exceptionally genuine, specific and sincere. I read it twice, and that got me thinking.I write ‘Thank you’ notes every week to colleagues, suppliers and friends. Perhaps you do, too. But how many of my notes – or yours – pack such a positive punch?I thought, ‘If I am going to take the time to send a note, why not write one that really stands out?’So I studied my client’s message again and found four distinct elements working closely together:1. Acknowledge the high level of quality received.2. Report the impact this quality had on the people.3. Explain how the experience exceeded expectations.4. Gesture towards positive interactions in the future.This formul
Types Of Fasteners
The different types of fasteners include screws, nuts, bolts, rivets, retaining rings, pipe plugs, pins, panel fasteners, clinch studs, bolts, bits, and anchors. Fasteners have become a very important in every industry because of the basic but important purpose that they serve. Each component in a machinery or vehicle is dependent upon the fasteners that hold it together. Failure or nonconformity in a fastener can lead to disasters that can be horrendous.On September 14 1997 a jet plane that was performing in an air-show in Maryland crashed because four of the five fasteners that held one of the wings of the plane in place were not fastened because they were hidden from the gaze of the maintenance crew. Such accidents are common in aviation history and this is the reason for all the quality checks that a manufacturer has to perform
Risk management concepts have been around for several years, but they have generally been bounded to the financial area. Today, according to common experience and evidences, the supply chain is where risk management is assuming a criticalThe different types of fasteners include screws, nuts, bolts, rivets, retaining rings, pipe plugs, pins, panel fasteners, clinch studs, bolts, bits, and anchors. Fasteners have become a very important in every industry because of the basic but important purpose that they serve. Each component in a machinery or vehicle is dependent upon the fasteners that hold it together. Failure or nonconformity in a fastener can lead to disasters that can be horrendous.On September 14 1997 a jet plane that was performing in an air-show in Maryland crashed because four of the five fasteners that held one of the wings of the plane in place were not fastened because they were hidden from the gaze of the maintenance crew. Such accidents are common in aviation history and this is the reason for all the quality checks that a manufacturer has to perform
Pregnant Career Girl
The Challenge: Pregnant Girls Memory ProblemsHave you heard the stories of pregnant women who have walked into shops but then forgot what they came to purchase? Then there is the folklore story about the pregnant woman who actually forgot how to drive whilst she was midway through a journey. Terrified she stopped right in the middle of an intersection. Whist pregnancy memory loss only happens for a couple of seconds or minutes at the most it can cause havoc especially at work.Tip to minimise memory problems• Plan your day At the beginning of each day make a list of everything that you must complete. As you complete each task tick it off your list. By being organized, you minimise the chance of forgetting something important.• Keep a list of important contacts Do not rely on your ability to remember all
everal years, but they have generally been bounded to the financial area. Today, according to common experience and evidences, the supply chain is where risk management is assuming a criticaThe Challenge: Pregnant Girls Memory ProblemsHave you heard the stories of pregnant women who have walked into shops but then forgot what they came to purchase? Then there is the folklore story about the pregnant woman who actually forgot how to drive whilst she was midway through a journey. Terrified she stopped right in the middle of an intersection. Whist pregnancy memory loss only happens for a couple of seconds or minutes at the most it can cause havoc especially at work.Tip to minimise memory problems• Plan your day At the beginning of each day make a list of everything that you must complete. As you complete each task tick it off your list. By being organized, you minimise the chance of forgetting something important.• Keep a list of important contacts Do not rely on your ability to remember all
Do You Really Want A Business Of Your Own?
At one time or another in every life, one decides that he or she would like to open a business. You may be tired of someone else getting rich from your efforts or maybe you want the freedom that goes with owning a business.But, is it enough just to want your own business. What does owning a business mean? What does it take to be an entrepreneur? What do you need to open a successful business? There are thousands of businesses that open one year and within a few years are closed. Everyone has been to a restaurant or store one time and when they return in a few weeks, it is no longer there and something else has taken its place. It seems as though it is a never-ending cycle.Today, I want to tell you what I believe it means to be an entrepreneur and to own a business.The most important thing that one must have is gut
ed to the financial area. Today, according to common experience and evidences, the supply chain is where risk management is assuming a criticaAt one time or another in every life, one decides that he or she would like to open a business. You may be tired of someone else getting rich from your efforts or maybe you want the freedom that goes with owning a business.But, is it enough just to want your own business. What does owning a business mean? What does it take to be an entrepreneur? What do you need to open a successful business? There are thousands of businesses that open one year and within a few years are closed. Everyone has been to a restaurant or store one time and when they return in a few weeks, it is no longer there and something else has taken its place. It seems as though it is a never-ending cycle.Today, I want to tell you what I believe it means to be an entrepreneur and to own a business.The most important thing that one must have is gut
Fundraising: Plan To Succeed With A Fundraising Plan
Fundraising can be a hit and miss affair. Often, particularly in the smaller organisations, the fundraising tasks are given to people with little or no fundraising experience.It is extremely important for those people to understand that fundraising is a discipline. It should be approached as such, and any fundraising effort should be preceded by a properly thought out fundraising plan. Planning a successful fundraiser is a plan to succeed, failing to plan your fundraiser is a plan to fail.It’s not particularly difficult to develop a fundraising plan. It needn’t be especially detailed or involved, but you do need to give it some thought.The first thing to think about is your goal. What is it you are trying to do? How much are you trying to raise? What is your ultimate objective for your fundraiser?Who do you have
ommon experience and evidences, the supply chain is where risk management is assuming a criticaFundraising can be a hit and miss affair. Often, particularly in the smaller organisations, the fundraising tasks are given to people with little or no fundraising experience.It is extremely important for those people to understand that fundraising is a discipline. It should be approached as such, and any fundraising effort should be preceded by a properly thought out fundraising plan. Planning a successful fundraiser is a plan to succeed, failing to plan your fundraiser is a plan to fail.It’s not particularly difficult to develop a fundraising plan. It needn’t be especially detailed or involved, but you do need to give it some thought.The first thing to think about is your goal. What is it you are trying to do? How much are you trying to raise? What is your ultimate objective for your fundraiser?Who do you have
Business Plan Basics - Part 2
In the first part of Business Plan Basics you’ve learned which are the public aspects of a business plan. Now it is time to study the “internal” aspects: those little secrets that drive a business to success.Industry Analysis:Every business operates within an industry. Identify where your company fits in and describe the market trends, explain the factors influencing growth and decline in this industry and spot the future expectations. Try to answer crucial questions such as: how many companies are expected to enter your industry in the near future and how is that to affect your business. Do not omit any significant statistics for your industry. Don’t lie to yourself!Target Market:In this section you identify your prospect clients – it is a useful step helping you to derive overall marketing and sales strat
is where risk management is assuming a critical role, since it is where risk becomes most damaging for a company: in fact, the last decades have been characterized by several events (i.e. earthquake in Kobe in 1995, terrorist attack to W
In the first part of Business Plan Basics you’ve learned which are the public aspects of a business plan. Now it is time to study the “internal” aspects: those little secrets that drive a business to success.Industry Analysis:Every business operates within an industry. Identify where your company fits in and describe the market trends, explain the factors influencing growth and decline in this industry and spot the future expectations. Try to answer crucial questions such as: how many companies are expected to enter your industry in the near future and how is that to affect your business. Do not omit any significant statistics for your industry. Don’t lie to yourself!Target Market:In this section you identify your prospect clients – it is a useful step helping you to derive overall marketing and sales strat
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