VELOCITY     Accelerating Your Supply Chain Success
The leader in global supply chain solutions

Supply Chain's Secret Weapon for Innovation

NO RATINGS
View comments: newest first | oldest first | threaded
Hospice_Houngbo
User Rank
Supply Network Guru
Re: Supply Chain's Secret Weapon for Innovation
Hospice_Houngbo   3/27/2013 3:12:00 PM
NO RATINGS

!@HM,

" Still electornics industry want to spend their R&D funds only in design updates"

It is all about security and not dive into what they don't know. As I said in a previous post, companies don't rush to change their operation processes unless something/somebody is pressing them to do so. But it is really important that the Suppy Chain industry not lag behind the adoption of new technologies to improve its services. 

Hospice_Houngbo
User Rank
Supply Network Guru
Re: Think tank required for innovation to succeed
Hospice_Houngbo   3/27/2013 2:02:38 PM
NO RATINGS

It is indeed good for the Supply Chain industry to innovate to suit customer's demand. But this can only be succesful if the management understands the benefits that the design of a new product or a new service will bring to the industry. Otherwise it is better to focuss on improving the existing products that have worked well so far.  

prabhakar_deosthali
User Rank
Supply Network Guru
Think tank required for innovation to succeed
prabhakar_deosthali   3/27/2013 1:24:05 PM
NO RATINGS

In my opinion, for a company , if it wants to be ahead of its competition, It is not just the management, R & D budget or better engineering dept but above all these a company requires a think tank which comprises of level headed people who can assess the innovation requirements in their company's products, systems ( supply chain included) and dispassionately  asses the return on investment.

 

Himanshugupta
User Rank
Supply Network Guru
Re: Supply Chain's Secret Weapon for Innovation
Himanshugupta   3/27/2013 12:55:33 PM
NO RATINGS

A company may be spending more or less with bigger R&D staff or not but if we can decode what makes company tick in Innovation then we can find a holy grail of innovation. Its still not clear whether better innovation require better management guidance or superior engineering staff or better work policies which foster technical growth in staff among other things.

HM
User Rank
Stock Keeper
Supply Chain's Secret Weapon for Innovation
HM   3/27/2013 6:46:06 AM
NO RATINGS

While its a very good point that companies may spend good amount of funds in innovation of supply chain but in reality its very rare. Still electornics industry want to spend their R&D funds only in design updates. Because if it works its a direct profit. But I do agree that innovations in supply chain must be encoraged as a part of company's vision to see overall growth and profit.



More Blogs from Logical Link
While conversations about digital supply chains are pervasive, many executives and supply chain teams are not sure how to scale their initiatives beyond piecemeal tools. The decisions made now have the potential to impact the future of business.
Qualcomm’s proposed acquisition of NXP puts together companies not only with different product and market segment expertise, but with significantly different design and supply chain strategies.
Still a young market with its potential yet to be defined, the global flexible electronics market is poised to grow rapidly.
The e-bike revolution, while quieter than the electric car push, is likely to impact the electronics supply chain.
Few doubt that Apple is looking for new worlds to conquer. The question remains whether the company has set its sights on the auto industry.
Twitter Feed
EBN Online Twitter Feed