564 Posts Found

Simulations study the interaction of random variables in a business process over time – how many customers might walk in the door at any moment, the return on an upcoming advertising campaign, the chance of your information system going down – and use the results to improve business policies. This article provides an overview of simulation and shows how it’s particularly useful for learning about … [ Read more ]

Content: Article | Author: Ricki G. Ingalls | Source: Institute for Operations Research and the Management Sciences (INFORMS) | Subjects: Operations, Statistics

Supply-chain risk management is intimately connected to protecting earnings and shareholder value. By better understanding the financial consequences of supply chain vulnerabilities, companies can develop proactive, predictive approaches that focus on developing ongoing business resilience, not just recovery from disasters or other disruptions.

Content: Article | Authors: Jade Rodysill, Russ Beverly | Source: Outlook Journal (Accenture) | Subject: Operations

There’s an often-quoted saying: The only thing certain about a forecast is that it is always wrong. And yet, companies spend a great deal of time and resources trying to predict as accurately as possible the future demand of their supply chains. In spite of this significant investment, many steps and participants fail to make the forecast any better-and some only serve to make it … [ Read more ]

Content: Article | Author: Michael Gilliland | Source: Supply Chain Management Review | Subjects: Management, Operations

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Companies continue to aggressively pursue offshoring, even in the face of negative onshore media attention. Why? Because offshoring offers potentially great rewards: It helps companies compete in a global age, creates value for their shareholders, and improves their operational performance.

Content: Article | Source: Kearney | Subjects: Best Practices, Outsourcing / BPO

As complexity and demand for new products grow, companies are realizing that their supply chains need to be more flexible.Yet while they realize the importance of flexibility, they struggle with how to accomplish this difficult task.

Content: Article | Authors: Randy Garber, Suman Sarkar | Sources: Kearney, Supply Chain Management Review | Subject: Operations

While today’s “enterprise” may be inextricably linked to its supply chain partners, ERP systems continue to define the entrprise as being principally focused on internal transactions, decisions, visibility, and reporting. This view can limit the supply chain’s flexibility.

Content: Quotation | Source: Kearney | Subject: Operations

Supply chain management (SCM) is an integral and expensive collaboration between warehouses, manufacturers, and consumers. Getting the parts in and the product out with minimal cost and maximum output is an ongoing dilemma. This article discusses the current SCM directions, strategies, and tactics, and how organizations can improve their processes.

Content: Article | Authors: Devendra Mishra, Owen P. Hall Jr. | Source: Graziadio Business Report | Subject: Operations

Even as offshore outsourcing has matured, best practices have been few. Now two top academics reveal the principles that should guide CIOs.

Content: Article | Authors: Joseph W. Rottman, Mary C. Lacity, Stephanie Overby | Source: CIO Magazine | Subject: Outsourcing / BPO

Corporate operations – their value-delivery systems – are subject to a challenging set of rules. These are the rules of response.

Content: Article | Author: George Stalk Jr. | Source: Boston Consulting Group (BCG) | Subjects: General, Operations

Whether you’re the owner of your own small business, a middle manager in a mid-sized company, or the CEO of a multinational corporation, this book can show you how to improve your profits and productivity.

Content: Book | Authors: Mary Walton, W. Edwards Deming | Subject: Operations

Economists, including Paul Samuelson and Jagdish Bhagwati, vigorously debate whether offshore outsourcing in high-tech industries helps or harms the U.S. economy. The main issue is whether insourcing countries, such as China or India, will catch up with and eventually outcompete the U.S. Moreover, the dearth of off shore outsourcing data has hindered the study of the impact of offshore outsourcing. To explore the impact of … [ Read more ]

Content: Article | Author: Wendy Chuen-Yueh Li | Source: UCLA | Subjects: Innovation, Outsourcing / BPO

Forget everything you think you know about outsourcing. The promised results are not materializing and while companies continue to ink deals, they’re not the megadeals of the past. Today’s contracts tend to be smaller and shorter. As outsourcing deals change so must a company’s approach. It’s time to think of outsourcing as you do a product portfolio-with different strategies for different deals.

Content: Article | Source: Kearney | Subject: Outsourcing / BPO

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The Index evaluates 40 countries as potential locations for the most common remote services, including IT services and support, contact centers, back-office support. Each country’s score is comprised of a weighted combination of relative scores on 40 individual metrics, which are grouped into three categories: financial attractiveness, people skills and availability, and business environment.

Content: Article | Source: Kearney | Subjects: International, Outsourcing / BPO

Leasing new space is an event that can have major implications for any business. If a company leases space that ultimately turns out to be unsuitable for all its operations, or if the lease does not allow for expansion, the growth of the company can be unduly hindered. If too much space is leased, the company will end up wasting limited cash resources. … [ Read more ]

Content: Article | Author: Joseph G. Hadzima Jr. | Source: Boston Business Journal | Subjects: Operations, Small Business

iSixSigma is the world’s leading publisher and content provider for the Six Sigma community. Since 2000, iSixSigma has provided the most comprehensive and essential resources available anywhere to businesses at every stage of their Six Sigma maturity and professionals at every skill level. Hundreds of thousands of monthly readers learn new skills, advance their careers and contribute to the success of their organizations through a … [ Read more ]

Content: Online Resource | Sources: CTQ Media LLC, iSixSigma | Subjects: Management, Operations

Whether you are a Six Sigma beginner who is just learning about the methodology, an Executive or Champion charged with leading an implementation, or a practicing Belt of any color, the Six Sigma Forum offers opportunities for you to learn from other Six Sigma professionals and share your own knowledge and solutions. Get started by reading current articles, navigating experience-level channels in the Browse menu, … [ Read more ]

Content: Online Resource | Source: American Society for Quality (ASQ) | Subjects: Management, Operations

OutsourcingCenter hosts a wealth of free research, case studies, database directories, market intelligence, and ever-expanding content targeted to the information organizational decision-makers seek on emerging trends and best practices in outsourcing as a strategic business solution. The Center also hosts the monthly online Outsourcing Journal and BPO Outsourcing Journal, with more than 40,000 subscribers.

Content: Online Resource | Source: Everest Group | Subject: Outsourcing / BPO

There is no one-size-fits-all approach. But every winning global operations strategy rests on six key capabilities.

Content: Article | Authors: Jaume Ferrer, Johan Karlberg | Source: Outlook Journal (Accenture) | Subjects: Management, Operations