Value Nets: Breaking the Supply Chain to Unlock Hidden Profits Review

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Value Nets: Breaking the Supply Chain to Unlock Hidden Profits ReviewThis book is the closest I have read in delivering a practical understanding of how to tear apart the supply chain in your industry and re-assemble it to better deliver value to your customers.
It does provide real emphasis on getting to know what the customer wants and then working to deliver this - first, second and last.
That said, the authors do then readily accept what the currently successful players tell them about how they did thier customer alignment. There is very little on HOW you can learn do do the same.
There is no critical assessment of how (say) Gateway have been right or WHY they are right today and if this is sustainable into the future. There is a lot of positive words about how well it works, but the assessment (to me) is very rear view mirror - telling what has happened and why we think it works, not drilling down to real customers and explaining what they took out as value from their buying experience.
This is a great book to inform an experience reader as to new possibilities - if you are new to supply chain thinking, do not start here, this assumes a high level of base knowledge and skills. If you want a solid foundation, read Michael Porter (Competitive Advantage) and Kuglin (Customer Centered Supply Chain Management) then come back to this book. And then get a blank sheet of paper to list out how your industry value chain can be re-written from the existing industry supply chain and then you are on the way to finding competitive advantage.
I would be interested in your thoughts - ingenuity@onthe.net.auValue Nets: Breaking the Supply Chain to Unlock Hidden Profits Overview

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At Your Own Risk: How the Risk-Conscious Culture Meets the Challenge of Business Change Review

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At Your Own Risk: How the Risk-Conscious Culture Meets the Challenge of Business Change ReviewThis is a very good introduction to risk management for your company. He covers risk management for the supply chain, IT, product development,project managment etc.. Risk management is a very potent topic with the extreme weather events and political events we have experienced in recent years. This coupled with the extending of shupply chains around the world, made this a very timely book for me. Lynch's credentials are rock-solid in this field, haveing spent his entire career in this arena. He has a second book on supply chain risk management that was not as useful as this one.At Your Own Risk: How the Risk-Conscious Culture Meets the Challenge of Business Change Overview

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The Resilient Enterprise: Overcoming Vulnerability for Competitive Advantage Review

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The Resilient Enterprise: Overcoming Vulnerability for Competitive Advantage ReviewIn this book, MIT Professor Sheffi analyzes high-impact business disruptions, their causes and consequences. Using real life examples, he illustrates how even a small disruption in one part of a tight supply chain can result in major problems elsewhere. He discusses several risk assessment methodologies for estimating probabilities and severity of various types of losses (natural, accidental, and intentional). A brief introduction to current supply chain theory and practice follows.
The heart of this book is about specific strategies that a number of enterprises are using to reduce their vulnerability to disruptions and to build flexibility into the supply chain. Topics include early warning systems, collaboration, redundancy, product redesign, customer relations management and cultural change. Professor Sheffi illustrates how various companies have innovated and implemented these strategies. He argues that supply chain integrity and security should be as integral to enterprise management as is quality or safety.
Supply chain management innovations such as outsourcing, just-in-time delivery and supply base consolidation require corporate risk managers to develop new loss control strategies and competencies. Business competition is now based on the capabilities of the entire supply chain, not just an individual company. Risk managers must carefully look up and down the entire length of the supply chain to identify vulnerabilities and to make sure that appropriate risk controls and/or risk transfer and financing methods (e.g., contingent business interruption insurance) are in place.
The resilient enterprise recognizes that its supply chain is only as strong as its weakest link, and prepares accordingly. In today's complex business environment, disruptions somewhere along the supply chain are all but inevitable. Preparation and flexibility not only improve the odds of an enterprise's survival, but may also become a decisive competitive advantage when disruptions adversely affect rival enterprises.
As a 30+ year practitioner of corporate risk management and insurance, I recommend Yossi Sheffi's The Resilient Enterprise to all risk managers striving to integrate sound risk management theory and practice into their organization's standard operating procedures.
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