In a major setback for the infrastructure Lanco Infratech, the Supreme Court of Western Australia has requested the company to serve prior notice Perdaman Chemicals & Fertilizers before raising any additional funds by pledging the assets Griffin.
Interestingly, the Court has recognized Perdaman petition, which was pooh-poohed by the Lanco otherwise.
Perdaman had raised $ 3000000000 lawsuit against the disruption of coal supplies to its upcoming Lanco urea plant in Western Australia under an agreement signed 2008th
Adding strength Perdaman petition, the Supreme Court also said that the allegations of the statement "clearly arguable".
The European Court of Justice in the adoption petition Perdaman Lanco seeks injunction on a plan to raise about $ 800 million guarantee Griffin coal assets.
Lanco Griffin Coal Mine was acquired by paying about $ 760 million.
The company has developed a plan to ensure fuel supplies to its large thermal power plants to Australian assets.
But Perdaman, an Australian company founded by the operator of Indian origin in the Lanco case for breach of contract and claimed damages to the tune of $ 3 billion. Lanco is a complex case and last month Perdaman Griffin dead in the application fee or security without getting a notice that the lower court was in Australia. The sufferer, in order, Perdaman approached the Supreme Court there.
As per the agreement, and Perdaman Griffin, Griffin was equipped with about 2800000 tons of coal a year to Perdaman's 2 mt of urea plant. However, after taking over the management of Griffin, Lanco coal supply agreement was terminated in August this year.
Although the leadership of great Perdaman to ask the Supreme Court put it on notice to Lanco to pledge its assets, Lanco has put a brave face again.
"Although we are able to take available remedies, we may choose not to pursue this matter any further, because that only leads Perdaman have 10 days notice of the creation of security, which is similar to the undertaking we have before," Lanco said.
Articles Source:- http://www.blogger.com/post-create.g?blogID=3177643837697879677
Friday, September 30, 2011
Sensex flat in seesaw trade; ADAG stocks crash
Indian equity criteria contiued to hover around their previous values after the closure of the staging smart recovery from the lows of the day.
Anil Dhirubhai Ambani Group stocks like Reliance Communications, Reliance Capital and Reliance Infrastructure losses pretty dramatically expanded - plunged 7-9%. BSE 30-share Sensex fell 4.5 points to 16,693.53. Meanwhile, the 50-share NSE Nifty lost 5 points 5,010.20.
PSU oil and gas reserves, such as GAIL and ONGC fell 2-2.5%.
Other major largecaps like SBI, ITC, Hul, TCS and ICICI Bank continued to reel under pressure - fell from 0.7 to 1.3%. BHEL, Wipro, Infosys and HDFC declined slightly.
However, Bharti Airtel rose 2.5%. Reliance Industries and L & T has maintained its upmove with a 1-1.5% increase. HDFC Bank, UPI was 0.6%.
Ranbaxy Labs and Sesa Goa were the biggest gainers on the Nifty - so called 0.027 each.
About 705 shares advanced compared to the NSE 640 stocks fell.Broader indexes were slightly green.
Among midcaps like SREI Infra, KGN Industries, Corp., Delta, GTL, and Bata India surged from 3.5 to 5%. But Ruchi Soya, Shree Global, SKS Microfinance, a whirlpool and Thermax slipped 3-7%.
At 0.448611111111111 hours IST: Nifty back to 5000, RIL, Bharti, L & T win
The market recovered most of its loses in the early morning run to buy the heavyweights Reliance Industries, Bharti Airtel, L & T, which was 1 to 1.7%.
50-share NSE Nifty got back more than 5000 characters, trading house is 5,014.70. Meanwhile, the BSE 30-share Sensex received 10.64 points at 16,708.71.
Wipro, Bajaj Auto, Ranbaxy Labs, Ambuja Cements, ACC and other gainers were Jaiprakash Associates - all of these stocks have 1-2%.
However, a consistent sell-off in major largecaps like ONGC, SBI, NTPC, ITC, HUL and BHEL have limited upside - the stock fell 1.2%. TCS and ICICI Bank fell 0.5%.
Anil Dhirubhai Ambani Group stocks completely killed the CBI, said Anil Ambani remains under investigation. Reliance Power, Reliance Communications, Reliance Infrastructure and Reliance Capital plunged 4-7%.
Even the market breadth has improved, with approximately 755 shares became 542 shares declined on NSE.
10:19 hours IST: Sensex loses 100 points, Bharti, L & T to buck the trend
Indian shares were trading lower, although they showed some recovery in the days low. The recovery was led by heavyweight Reliance Industries - it was flat. Bharti Airtel, L & T to support over 1% upmove.
BSE 30-share Sensex fell by 134 over the 50-share NSE 16,563.69 and the Nifty fell 42 points of 4,973.55.
Extent of the market has gone down over the past nine months, said CEO sangeeta Purushottam Nine Rivers Capital. He expects Nifty to grind lower over the next few months as well. "We can not completely exclude the price of the damage. There is a slow grinding price losses in the last nine months. This could very well continue for another couple of months," he added.
Purushottam said global markets and the domestic Indian market move determine the macros. He does not see international issues get resolved any time soon.
Sell-off continued in the FMCG, ADAG, power steering, select technology and bank stocks. ONGC was the leading Draggers - the stock fell 1.6%.
Largecaps like TCS, SBI, NTPC, Infosys, ITC, ICICI Bank, BHEL and HUL fell 1% to 2%.
Anil Dhirubhai Ambani Group stocks like Reliance Power, Reliance Communications, Reliance Capital and Reliance Infrastructure lost 5-8% as the CBI, said Anil Ambani remains under investigation.
About 639 shares advanced compared to the National Stock Exchange, 601 shares declined.
At 09.20 hours IST: 1% Sensex falls weak Asian cues; ADAG Crumbles
India was part of the criteria of fairness in its earnings yesterday, opened 1% lower than the weak Asian cues. The market ignored positive economic news in the United States and Europe - which in the end a consensus was stronger euro bailout fund - to support the stock indices and the euro.
Commenting on the lukewarm reaction of the market, Mark Mobius, Executive Chairman of Templeton Emerging Markets, said: "Passing the German Parliament, the ruling is just one step. Implementation is the next step and, of course, that will take time," he believed.
But he acknowledged that a nod to the German Financial Stability Facility (EFSF), EU enlargement is the right step to solve the crisis.
BSE 30-share Sensex lost 194 points, and 50-16503 NSE Nifty lost 60 points in the stock, the 4955th
2G scam line: Anil Dhirubhai Ambani Group All stocks were under selling pressure from highly. Reliance Capital, Reliance Communications, Reliance Power and Reliance Infrastructure plunged 5-7%.
Anil Ambani said the CBI remains under investigation. It also said that they searched the Swan stake sale by Reliance ADA Delphi.Swan stake sale by Reliance ADA Delphi prices are undervalued.
Among other largecaps, DLF, sail, Tata Steel, SBI, ICICI Bank, TCS, ONGC, Hul, Jaiprakash Associates and Axis Bank were witnessing selling pressure.
However, Sesa Goa, Ranbaxy Labs, HCL Tech and Wipro experience.
CNX Midcap fell 21 points, the 7097th
Educomp Learning and Zee was up 2%.
Dish TV and Videocon Industries rose 1.5-2%. Koutons buzz reached 4% of debt restructuring.
However, Kingfisher Airlines, Hexaware (stock concentration of 16% over the last three days) and Sun TV fell by 1%.
Global cues
Asian markets were trading lower. Shanghai and Hang Seng fell 0.5% to 2%. Straits Times and the KOSPI fell 1%. But the Nikkei rose 0.25%.
Artiles Source:- http://www.moneycontrol.com/news/local-markets/sensex-flatseesaw-trade-adag-stocks-crash_592472.html
Anil Dhirubhai Ambani Group stocks like Reliance Communications, Reliance Capital and Reliance Infrastructure losses pretty dramatically expanded - plunged 7-9%. BSE 30-share Sensex fell 4.5 points to 16,693.53. Meanwhile, the 50-share NSE Nifty lost 5 points 5,010.20.
PSU oil and gas reserves, such as GAIL and ONGC fell 2-2.5%.
Other major largecaps like SBI, ITC, Hul, TCS and ICICI Bank continued to reel under pressure - fell from 0.7 to 1.3%. BHEL, Wipro, Infosys and HDFC declined slightly.
However, Bharti Airtel rose 2.5%. Reliance Industries and L & T has maintained its upmove with a 1-1.5% increase. HDFC Bank, UPI was 0.6%.
Ranbaxy Labs and Sesa Goa were the biggest gainers on the Nifty - so called 0.027 each.
About 705 shares advanced compared to the NSE 640 stocks fell.Broader indexes were slightly green.
Among midcaps like SREI Infra, KGN Industries, Corp., Delta, GTL, and Bata India surged from 3.5 to 5%. But Ruchi Soya, Shree Global, SKS Microfinance, a whirlpool and Thermax slipped 3-7%.
At 0.448611111111111 hours IST: Nifty back to 5000, RIL, Bharti, L & T win
The market recovered most of its loses in the early morning run to buy the heavyweights Reliance Industries, Bharti Airtel, L & T, which was 1 to 1.7%.
50-share NSE Nifty got back more than 5000 characters, trading house is 5,014.70. Meanwhile, the BSE 30-share Sensex received 10.64 points at 16,708.71.
Wipro, Bajaj Auto, Ranbaxy Labs, Ambuja Cements, ACC and other gainers were Jaiprakash Associates - all of these stocks have 1-2%.
However, a consistent sell-off in major largecaps like ONGC, SBI, NTPC, ITC, HUL and BHEL have limited upside - the stock fell 1.2%. TCS and ICICI Bank fell 0.5%.
Anil Dhirubhai Ambani Group stocks completely killed the CBI, said Anil Ambani remains under investigation. Reliance Power, Reliance Communications, Reliance Infrastructure and Reliance Capital plunged 4-7%.
Even the market breadth has improved, with approximately 755 shares became 542 shares declined on NSE.
10:19 hours IST: Sensex loses 100 points, Bharti, L & T to buck the trend
Indian shares were trading lower, although they showed some recovery in the days low. The recovery was led by heavyweight Reliance Industries - it was flat. Bharti Airtel, L & T to support over 1% upmove.
BSE 30-share Sensex fell by 134 over the 50-share NSE 16,563.69 and the Nifty fell 42 points of 4,973.55.
Extent of the market has gone down over the past nine months, said CEO sangeeta Purushottam Nine Rivers Capital. He expects Nifty to grind lower over the next few months as well. "We can not completely exclude the price of the damage. There is a slow grinding price losses in the last nine months. This could very well continue for another couple of months," he added.
Purushottam said global markets and the domestic Indian market move determine the macros. He does not see international issues get resolved any time soon.
Sell-off continued in the FMCG, ADAG, power steering, select technology and bank stocks. ONGC was the leading Draggers - the stock fell 1.6%.
Largecaps like TCS, SBI, NTPC, Infosys, ITC, ICICI Bank, BHEL and HUL fell 1% to 2%.
Anil Dhirubhai Ambani Group stocks like Reliance Power, Reliance Communications, Reliance Capital and Reliance Infrastructure lost 5-8% as the CBI, said Anil Ambani remains under investigation.
About 639 shares advanced compared to the National Stock Exchange, 601 shares declined.
At 09.20 hours IST: 1% Sensex falls weak Asian cues; ADAG Crumbles
India was part of the criteria of fairness in its earnings yesterday, opened 1% lower than the weak Asian cues. The market ignored positive economic news in the United States and Europe - which in the end a consensus was stronger euro bailout fund - to support the stock indices and the euro.
Commenting on the lukewarm reaction of the market, Mark Mobius, Executive Chairman of Templeton Emerging Markets, said: "Passing the German Parliament, the ruling is just one step. Implementation is the next step and, of course, that will take time," he believed.
But he acknowledged that a nod to the German Financial Stability Facility (EFSF), EU enlargement is the right step to solve the crisis.
BSE 30-share Sensex lost 194 points, and 50-16503 NSE Nifty lost 60 points in the stock, the 4955th
2G scam line: Anil Dhirubhai Ambani Group All stocks were under selling pressure from highly. Reliance Capital, Reliance Communications, Reliance Power and Reliance Infrastructure plunged 5-7%.
Anil Ambani said the CBI remains under investigation. It also said that they searched the Swan stake sale by Reliance ADA Delphi.Swan stake sale by Reliance ADA Delphi prices are undervalued.
Among other largecaps, DLF, sail, Tata Steel, SBI, ICICI Bank, TCS, ONGC, Hul, Jaiprakash Associates and Axis Bank were witnessing selling pressure.
However, Sesa Goa, Ranbaxy Labs, HCL Tech and Wipro experience.
CNX Midcap fell 21 points, the 7097th
Educomp Learning and Zee was up 2%.
Dish TV and Videocon Industries rose 1.5-2%. Koutons buzz reached 4% of debt restructuring.
However, Kingfisher Airlines, Hexaware (stock concentration of 16% over the last three days) and Sun TV fell by 1%.
Global cues
Asian markets were trading lower. Shanghai and Hang Seng fell 0.5% to 2%. Straits Times and the KOSPI fell 1%. But the Nikkei rose 0.25%.
Artiles Source:- http://www.moneycontrol.com/news/local-markets/sensex-flatseesaw-trade-adag-stocks-crash_592472.html
Thursday, September 29, 2011
New mining law to give Rs 10,000 crore to 60 tribal districts
New Delhi / Mumbai: This time of year, when the Indians borrow and splurge. And the biggest borrower of them all, the government has said it needs a staggering 0.13 more than it budgeted for. It lent an extra Rs 52900 crore in the second half of the current fiscal.
Debt markets were shocked by the news and sent bond yields sharply higher demand for loans, the fear of competition for private funds as well as picks up the upcoming busy season. Fear of further hardening of interest rates could also spook the markets.
The government argued that the extra borrowing does not bloat the budget deficit, which is 0.046 of GDP in the fiscal budget.
"It is disgusting to markets," said Abheek Barua, Chief Economist, HDFC Bank.
Return to compare the 10-year paper rose 10 bps to 0.0844 after the government announced its extra loans. One basis point is one hundredth of a percent.
Total long-term borrowing through dated securities would now be Rs 2.2 lakh crore in the second half of the budget of Rs 1.67 lakh crore against the budget, the Finance Ministry said Thursday after meeting with Reserve Bank of India.
"Additional market borrowing was due to lower cash balances of the government and the lower side of the small savings," said R Gopalan, Secretary, Department of Economic Affairs.
Small savings, the net outflow of Rs 26000 crore in the first quarter of current fiscal as many bank deposits now paying 0.08 more than the rate offered by these schemes.
Pressure on yields
"Paper thin supply of hard catch," Pradeep Madhav CEO STCI Primary Dealer, the nation's largest bond house. "If the credit picks up after October, when the busy season starts, it will be additional pressure on yields, and this makes it difficult to soften interest rates," he added.
Turn of events is an industry that has been pleading for a pause interest rate hikes, worried. RBI has raised rates by 350 basis points since March of last year to combat persistently high inflation.
"Interest rates are already high and liquidity is already tight. It helps a dent in the investment climate," said Rajiv Kumar, Secretary General of FICCI.
Industrial production fell to a 21-month low of 3.3% in July amidst signs that high interest rates began to hurt demand.
The government's new borrowing binge might crowd out private borrowers, who are coming to the market in the second half.Ministry of Finance official said that the government would inform the bond buybacks on the open market as more liquidity is needed.
Higher yields also hurt banks because it has a negative impact on the value of your bond portfolio, forcing them to mark-to-market losses. Goal 5-year swap rates rose as much as 14 basis points to 7.17% per year and the rate rose 8 basis points to 7.98%.
"The timing of the announcement of a negative impact on the assessment of borrowing," said Pārtha Mukherjee, president (credit) Axis Bank.
Extra credit will further strengthen market confidence in the government deficit will not be his, despite a decline in small savings collections have a plausible explanation.
Most analysts expect the deficit to be in the range of 5.0 to 5.5% of GDP this year.
The budget estimate of Rs 24,000 crore, calculations were made in small savings funds, but money in the near 35,000 crore by the ministry official said.
"In the current budget deficit is 4.6% (GDP)," said C Rangarajan Chairman, Economic Advisory Council to the Prime Minister. It can be difficult to achieve.
Artclies Source:- http://economictimes.indiatimes.com/news/economy/finance/debt-damage-governemnt-to-borrow-rs-53k-crore-more-shocks-debt-markets/articleshow/10176737.cms
Debt markets were shocked by the news and sent bond yields sharply higher demand for loans, the fear of competition for private funds as well as picks up the upcoming busy season. Fear of further hardening of interest rates could also spook the markets.
The government argued that the extra borrowing does not bloat the budget deficit, which is 0.046 of GDP in the fiscal budget.
"It is disgusting to markets," said Abheek Barua, Chief Economist, HDFC Bank.
Return to compare the 10-year paper rose 10 bps to 0.0844 after the government announced its extra loans. One basis point is one hundredth of a percent.
Total long-term borrowing through dated securities would now be Rs 2.2 lakh crore in the second half of the budget of Rs 1.67 lakh crore against the budget, the Finance Ministry said Thursday after meeting with Reserve Bank of India.
"Additional market borrowing was due to lower cash balances of the government and the lower side of the small savings," said R Gopalan, Secretary, Department of Economic Affairs.
Small savings, the net outflow of Rs 26000 crore in the first quarter of current fiscal as many bank deposits now paying 0.08 more than the rate offered by these schemes.
Pressure on yields
"Paper thin supply of hard catch," Pradeep Madhav CEO STCI Primary Dealer, the nation's largest bond house. "If the credit picks up after October, when the busy season starts, it will be additional pressure on yields, and this makes it difficult to soften interest rates," he added.
Turn of events is an industry that has been pleading for a pause interest rate hikes, worried. RBI has raised rates by 350 basis points since March of last year to combat persistently high inflation.
"Interest rates are already high and liquidity is already tight. It helps a dent in the investment climate," said Rajiv Kumar, Secretary General of FICCI.
Industrial production fell to a 21-month low of 3.3% in July amidst signs that high interest rates began to hurt demand.
The government's new borrowing binge might crowd out private borrowers, who are coming to the market in the second half.Ministry of Finance official said that the government would inform the bond buybacks on the open market as more liquidity is needed.
Higher yields also hurt banks because it has a negative impact on the value of your bond portfolio, forcing them to mark-to-market losses. Goal 5-year swap rates rose as much as 14 basis points to 7.17% per year and the rate rose 8 basis points to 7.98%.
"The timing of the announcement of a negative impact on the assessment of borrowing," said Pārtha Mukherjee, president (credit) Axis Bank.
Extra credit will further strengthen market confidence in the government deficit will not be his, despite a decline in small savings collections have a plausible explanation.
Most analysts expect the deficit to be in the range of 5.0 to 5.5% of GDP this year.
The budget estimate of Rs 24,000 crore, calculations were made in small savings funds, but money in the near 35,000 crore by the ministry official said.
"In the current budget deficit is 4.6% (GDP)," said C Rangarajan Chairman, Economic Advisory Council to the Prime Minister. It can be difficult to achieve.
Artclies Source:- http://economictimes.indiatimes.com/news/economy/finance/debt-damage-governemnt-to-borrow-rs-53k-crore-more-shocks-debt-markets/articleshow/10176737.cms
Wednesday, September 28, 2011
The Agile Supply Chains
One of the biggest challenges facing organizations today is the need to respond to ever-increasing volatility. For a variety of reasons, product and technology lifecycles are shortening, competitive pressures force more frequent changes of products and consumers demand more variety than ever before. To meet this challenge the needs of organizations to achieve greater agility such that it can respond in shorter time-frame in terms of both volume change and modify different. In other words, it is necessary to be able to quickly adjust output to match market demand and quickly switch from one to another to another. In addition, the organization of interacting elements (supply-chains is one example) can become agile and increase their response if they accommodate a variety of different types of changes are enough. The paragraphs that follow describe some of the solid strategic requirements for the types of changes that need to be accommodated.
Demand Management
As more and more partnerships focus on improving quality and customer responsiveness of their operations, attention tends to increasingly invade their supply chain. Demand uncertainty in supply chains can be accomplished by faster response times. A major product supply chain could lead times and batch manufacturing of large sized lots to meet demand. A supply chain that makes mass customization of fashion or product should be responded to faster and faster. Most supply chains are moving in the direction to support a more rapidly changing consumer demand or customer.
Flexibility
Critical issues in the market today to identify the economically successful business and contribute to the increasingly dynamic environment supply chain flexibility with respect to quantity, type and grade of product, time and expense of moving, predictability of production, reproducibility of the transition and strict quality control.
Delay
Customer demands and volatile markets is a common practice in many industries and more and more companies are now forced to consider delaying their supply chain. Procrastination centers around the delaying of activities in the supply chain until customer orders are received, rather than performing them in the hope of future customer orders or performing them with a focus on customization and cost efficiency. Contributes to agile abilities Moratorium by:
-The customization of products and services (customized and localized assembly, etc.).
-The use of customer information to all supply chain (supply chain operations linked to the customer order, etc.).
Street-functional effort involved in assembling products in the distribution channel (the linking of manufacturing and distribution, potentially even product design through the design of products around modularity and commonality)
-The critical role of network suppliers to delay, given the need for availability of generic modules and customized components before assembly, etc..
Sa rover example, the funnel CB40 design for production can also provide the level of customer needs options without prejudicing the economy of the vehicle.
Pareto curve approach
According to Pareto, The 80/20 Rule means that in any of several (20 percent) are vital and many (80 percent) have no value. By applying this principle to products and customers for considering that 20% of the products can reach 80% of the total demand and 20% of sales compared to 80% of total sales, many companies are able to succeed by focusing on partnerships with several major customers and striking the right fit between market demand and product ranges.
Collaboration with suppliers
Strategic alliances and partnerships are essential for a successful supply chain quickly. They encourage companies to focus their attention throughout the supply chain and reduce the number of suppliers they deal with. Many companies have developed preferred vendor (supplier) program, as well as major carriers, to ensure that quality products are received where and when it is needed.
A successful strategic alliance / partnership has the following features: Extreme -Win/win relationship of trust - Team building - Common goals in collaboration (willingness to help, better negotiations, less money driven).
Two examples can be drawn from M & S and Rover case:
-In 1998, the relationship between M & S and its suppliers have made a role model for British industry. M & S itself has acknowledged that his success owed much to long-standing partnerships with leading suppliers.
-Land Rover progressively reduced its supplier base from 2000 to below 1000 over the decades before CB40 and reduced it to 146 more just then. Joint technology reviews and join in resolution of problems with suppliers as part of the Pirates of the strategy has helped in maintaining a number of qualified providers.
Virtual Integration
As the power of the market shifts to customers, more pressure is placed on the manufacturer to deliver a wider variety of products, high quality and a shorter lead time, than ever before. The Internet provides every buyer a world of choices to choose from. Suppliers must work harder and smarter than ever to survive and succeed. Sa interconnected world today, responding to customer demand almost always involves not only the manufacturer of the product itself, but also a whole range of suppliers and their service providers. The activities of the supply chain has been orchestrated, using Internet technology for communication, through the Supply Chain Management and collaborative planning applications that are coming into more widespread use. A Virtual Factory enables distributed facilities to perform in concert as if they were a single plant. It consists of an infrastructure and a range of applications, within a connected supply chain, allowing production schedules, product data (configuration, definition of process), plant data and status information that synchronized and made available throughout the chain. Land Rover Company used an example CB40 development strategy based on a sophisticated information technology infrastructure, including network CAD / Cam facility and modeling of virtual reality. This is really the main thing that pirates have experienced revolution.
Cross-docking
Cross-docking means to take a finished good from the manufacturing plant and deliver it directly to the customer with little or no handling in between. Cross-docking reduces the handling and storage of inventory, the step of filling a warehouse with inventory before sending it is virtually eliminated.
For example, cross-docking system Wal-Mart, the products are delivered to Wal-Mart warehouses on an ongoing basis where they are sorted, repackaged, and distributed to the store without sitting in inventory. Goods "cross" from a loading dock at one of 48 hours or less. This system allows Wal-Mart to purchase full truckloads of goods while avoiding inventory and handling costs, the process reduces the cost of sales 2 to 3 percent lower than industry average. Wal-Mart then passes these cost savings to its customers as lower prices. Low price that would enable them to forgo the often discount promotions, which stabilizes prices. This makes sales more predictable, thus reducing stock outs and the need for excess inventory.
Conclusion
Agile is the essence of supply chain management. Adaptive, fast move is necessary for an effective SC. To Each one should be handled differently. Each customer has its own set of instructions and requirements to satisfy his sc. The logistics director must be a master in managing a rapidly SC that the scope and extent. The pressure for the SCS that fast would continue. Information technology and collaboration is also important to agility success. Time needs, pressures of inventory, cost and service requirements and continued global supply chain complexity demand it.
Roger Achkar is a well-known Lebanese award-winning author and business thinker. He has appeared on most TV stations in the Middle East.
Roger is currently the CEO of Sharp thinking ', a Lebanese management consulting firm. Dating, Roger held numerous senior and managerial positions in multinational and regional organizations and held a track record of business success across multiple industries such as E-Business Management and Consulting, Power generation, HVAC and Water technology, Telecom, and Wholesale and Distribution.
Roger held a Masters in Electromechanical Engineering from Saint Joseph University in Lebanon, a Bachelor of Law from the Lebanese University, a Masters in Management Systems and Engineering from Supelec University in France and an MBA from Cranfield University in the United Kingdom. He is also a doctorate student in Social Sciences at the University of Leicester in the United Kingdom.
Articles Source:- http://ezinearticles.com/?The-Agile-Supply-Chains&id=6579403
Demand Management
As more and more partnerships focus on improving quality and customer responsiveness of their operations, attention tends to increasingly invade their supply chain. Demand uncertainty in supply chains can be accomplished by faster response times. A major product supply chain could lead times and batch manufacturing of large sized lots to meet demand. A supply chain that makes mass customization of fashion or product should be responded to faster and faster. Most supply chains are moving in the direction to support a more rapidly changing consumer demand or customer.
Flexibility
Critical issues in the market today to identify the economically successful business and contribute to the increasingly dynamic environment supply chain flexibility with respect to quantity, type and grade of product, time and expense of moving, predictability of production, reproducibility of the transition and strict quality control.
Delay
Customer demands and volatile markets is a common practice in many industries and more and more companies are now forced to consider delaying their supply chain. Procrastination centers around the delaying of activities in the supply chain until customer orders are received, rather than performing them in the hope of future customer orders or performing them with a focus on customization and cost efficiency. Contributes to agile abilities Moratorium by:
-The customization of products and services (customized and localized assembly, etc.).
-The use of customer information to all supply chain (supply chain operations linked to the customer order, etc.).
Street-functional effort involved in assembling products in the distribution channel (the linking of manufacturing and distribution, potentially even product design through the design of products around modularity and commonality)
-The critical role of network suppliers to delay, given the need for availability of generic modules and customized components before assembly, etc..
Sa rover example, the funnel CB40 design for production can also provide the level of customer needs options without prejudicing the economy of the vehicle.
Pareto curve approach
According to Pareto, The 80/20 Rule means that in any of several (20 percent) are vital and many (80 percent) have no value. By applying this principle to products and customers for considering that 20% of the products can reach 80% of the total demand and 20% of sales compared to 80% of total sales, many companies are able to succeed by focusing on partnerships with several major customers and striking the right fit between market demand and product ranges.
Collaboration with suppliers
Strategic alliances and partnerships are essential for a successful supply chain quickly. They encourage companies to focus their attention throughout the supply chain and reduce the number of suppliers they deal with. Many companies have developed preferred vendor (supplier) program, as well as major carriers, to ensure that quality products are received where and when it is needed.
A successful strategic alliance / partnership has the following features: Extreme -Win/win relationship of trust - Team building - Common goals in collaboration (willingness to help, better negotiations, less money driven).
Two examples can be drawn from M & S and Rover case:
-In 1998, the relationship between M & S and its suppliers have made a role model for British industry. M & S itself has acknowledged that his success owed much to long-standing partnerships with leading suppliers.
-Land Rover progressively reduced its supplier base from 2000 to below 1000 over the decades before CB40 and reduced it to 146 more just then. Joint technology reviews and join in resolution of problems with suppliers as part of the Pirates of the strategy has helped in maintaining a number of qualified providers.
Virtual Integration
As the power of the market shifts to customers, more pressure is placed on the manufacturer to deliver a wider variety of products, high quality and a shorter lead time, than ever before. The Internet provides every buyer a world of choices to choose from. Suppliers must work harder and smarter than ever to survive and succeed. Sa interconnected world today, responding to customer demand almost always involves not only the manufacturer of the product itself, but also a whole range of suppliers and their service providers. The activities of the supply chain has been orchestrated, using Internet technology for communication, through the Supply Chain Management and collaborative planning applications that are coming into more widespread use. A Virtual Factory enables distributed facilities to perform in concert as if they were a single plant. It consists of an infrastructure and a range of applications, within a connected supply chain, allowing production schedules, product data (configuration, definition of process), plant data and status information that synchronized and made available throughout the chain. Land Rover Company used an example CB40 development strategy based on a sophisticated information technology infrastructure, including network CAD / Cam facility and modeling of virtual reality. This is really the main thing that pirates have experienced revolution.
Cross-docking
Cross-docking means to take a finished good from the manufacturing plant and deliver it directly to the customer with little or no handling in between. Cross-docking reduces the handling and storage of inventory, the step of filling a warehouse with inventory before sending it is virtually eliminated.
For example, cross-docking system Wal-Mart, the products are delivered to Wal-Mart warehouses on an ongoing basis where they are sorted, repackaged, and distributed to the store without sitting in inventory. Goods "cross" from a loading dock at one of 48 hours or less. This system allows Wal-Mart to purchase full truckloads of goods while avoiding inventory and handling costs, the process reduces the cost of sales 2 to 3 percent lower than industry average. Wal-Mart then passes these cost savings to its customers as lower prices. Low price that would enable them to forgo the often discount promotions, which stabilizes prices. This makes sales more predictable, thus reducing stock outs and the need for excess inventory.
Conclusion
Agile is the essence of supply chain management. Adaptive, fast move is necessary for an effective SC. To Each one should be handled differently. Each customer has its own set of instructions and requirements to satisfy his sc. The logistics director must be a master in managing a rapidly SC that the scope and extent. The pressure for the SCS that fast would continue. Information technology and collaboration is also important to agility success. Time needs, pressures of inventory, cost and service requirements and continued global supply chain complexity demand it.
Roger Achkar is a well-known Lebanese award-winning author and business thinker. He has appeared on most TV stations in the Middle East.
Roger is currently the CEO of Sharp thinking ', a Lebanese management consulting firm. Dating, Roger held numerous senior and managerial positions in multinational and regional organizations and held a track record of business success across multiple industries such as E-Business Management and Consulting, Power generation, HVAC and Water technology, Telecom, and Wholesale and Distribution.
Roger held a Masters in Electromechanical Engineering from Saint Joseph University in Lebanon, a Bachelor of Law from the Lebanese University, a Masters in Management Systems and Engineering from Supelec University in France and an MBA from Cranfield University in the United Kingdom. He is also a doctorate student in Social Sciences at the University of Leicester in the United Kingdom.
Articles Source:- http://ezinearticles.com/?The-Agile-Supply-Chains&id=6579403
Subscribe to:
Posts (Atom)