- 2009-02-02February
Globalization – Pit Falls & Solutions
Many of us have read various analysis of the cause of the current global financial crisis. I suspect that the fundamental culprit is essentially that the buyer depended upon the analysis of others to characterize the quality/ risk of what was being purchased (e.g. level of financial risk in this investment). The same situation occurs […]
- 2007-03-14March
Globalization versus Supply Chain Management
The concept of Globalization (requirements seeking the most efficient resource) and Supply Chain Management (reducing the amount of WIP – Work In Process – throughout the supply chain to improve overall efficiency) should not be conflicting strategies for manufacturers. What causes these two strategies to clash? The clash is a result of the overall lead […]
- 2007-02-20February
Top Universities Put Instruction on the Web
There was an article in the Wall Street Journal last week “Top Universities Put Instruction on the Web†(by Anne Marie Chaker, WSJ February 15, 2007) that I recommend. The article, as the title implies, discusses the efforts by several well known universities to post on the web instructional material taught at these universities. It […]
- 2007-01-23January
Predicting Future Requirements
I have managed Materials organizations for most of my working career. For those of you who are not familiar with their organizational duties, the Materials organization within a manufacturing environment; manages the manufacturing schedule, plans and procures the components used in the manufacturing process and combines the finished products to fulfill the customer order. The […]
- 2006-10-16October
One Company, Two Factories
Globalization can be defined to be requirements seeking the most efficient resource. What is important to understand is that efficient does not necessarily simply imply the least cost. There are a host of factors (including cost) which contribute to being the most efficient resource. For example, a supplier that has the lowest price but supplies […]
- 2006-09-06September
Impact of Globalization
I recently read an article by David Lawder (Reuters) titled “Hometown boy who made good is feted“.The story is about the US Federal Reserve Board Chairman Ben Bernanke returning to his hometown of Dillon, North Carolina … population 6,800. The article describes how Mr. Bernanke taught himself subjects beyond those offered by the local schools, […]
- 2006-08-08August
Most Efficient Resource
A definition that can be given for the term “Globalization” is demand seeking the most efficient resource anywhere in the world. The implication of the use of the adjective “efficient†is that it is not all about the lowest $$ purchase price. Granted there may be advantages to be gained from the labor arbitrage, however, […]
- 2006-04-14April
Thoughts on Globalization
I attended a conferenced sponsored by the World Trade Center – Tacoma and the US Chamber of Commerce. The topic of the conference was trading with India. The presenters ranged from US and India government trade officials, corporations that are involved in trade between the US and India and investors that make major investments. We […]
- 2006-03-01March
Evolving Business Organizations
I have a habit of mulling over what I have read recently while doing mundane tasks such as swimming laps (trying to maintain my health). The interesting article that I talked about in my last BLOG post (The Economist – “Partners in wealthâ€, January 19, 2006) is one of those. The gist of the article […]
- 2005-12-12December
Globalization – Where clients get the most value!
I read two articles recently in two different publications that refined the concept of globalization. The Rise of Central Europe – Deep reserves of educated, ambitious, and affordable workers are driving the region (Business Week – December 12, 2005). The rise of nearshoring – Ex-communist Europe is grabbing a lucrative niche in the global outsourcing […]
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