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Social Media Transforms Transparency in the Supply Chain

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Jacob
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Supply Network Guru
Re: Transperency in supply chain
Jacob   6/13/2014 2:54:39 AM
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"i would never suggest that everything should be transparent. Imagine though how useful it would be to know quickly that, say, a manufacturing plant has had a fire or a natural disaster has occurred where you have lots of suppliers. Those are things that need to be communicated. "

Hailey, you are right. Such info's can be communicated well through the social media networks In many companies even employees are misusing social media networks for spreading wrong and bad news about their employer.

Hailey Lynne McKeefry
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Re: Transperency in supply chain
Hailey Lynne McKeefry   6/12/2014 3:01:58 PM
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@Jacob, i would never suggest that everything should be transparent. Imagine though how useful it would be to know quickly that, say, a manufacturing plant has had a fire or a natural disaster has occurred where you have lots of suppliers. Those are things that need to be communicated. 

Jacob
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Supply Network Guru
Re: Transperency in supply chain
Jacob   6/11/2014 7:29:21 AM
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"too much transparency may not rock the boat of the parent company. Stock values, revenue information, profit lines, graph contexts etc and so many things cannot be shared between companies even if they are working together. Transparency between companies is one thing, and transparency between companies and customers is another thing."

Anandvy, in dealings, business and support they can maintain transparency. But when it comes about products components, working, design etc they have to maintain confidentiality because that's a business secrete.

Jacob
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Supply Network Guru
Re: Transperency in supply chain
Jacob   6/11/2014 7:26:51 AM
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"the key really is being open to letting the role of social media evolve. When this started, we couldn't even begin to imagine where the Internet was going, let alone social media."

Hailey, you mean social medias can make the system into transparent. Is it necessary that everything has to be transparent? Certain things are confidential and the amount of transparency can be decided by companies based on necessity.

Hailey Lynne McKeefry
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Blogger
Re: Re : Social Media Transforms Transparency in the Supply Chain
Hailey Lynne McKeefry   6/10/2014 5:04:22 PM
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@anandvy, security is always a risk and increasingly so is privacy. We're in the hardest part of hte learning curve on this part of it--and i suspect that there will be some big problems before there are real soutions. It's sad but true.

Hailey Lynne McKeefry
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Blogger
Re: Relevant data
Hailey Lynne McKeefry   6/10/2014 5:03:10 PM
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@Hospice, easy to say and hard to do, I guess! I think that data mining and analytics tools, as well as people who really understand how to use them, are going to be critical in all this.

Hailey Lynne McKeefry
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Blogger
Re: Transperency in supply chain
Hailey Lynne McKeefry   6/10/2014 5:01:44 PM
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@Jacob, the key really is being open to letting the role of social media evolve. When this started, we couldn't even begin to imagine where the Internet was going, let alone social media.

Jacob
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Supply Network Guru
Re: Transperency in supply chain
Jacob   5/30/2014 9:36:05 AM
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"I agree with you. Even with transparency, the key thing is to ensure that only relevant information gets visible. Too much information can not only be confusing and misleading, it can also be dangerous if it gets in the wrong hands."

Taimoor, again the issue is company can decide, which can be transparent and not.

anandvy
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Supply Network Guru
Re : Social Media Transforms Transparency in the Supply Chain
anandvy   5/26/2014 12:10:19 PM
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Something that always bugs me about smart homes is the amount of unnecessary data usage by active devices. There should be a data filter for every home, which will control how much data a device consumes and how much of it is useful.

anandvy
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Supply Network Guru
Re: Transperency in supply chain
anandvy   5/26/2014 12:07:05 PM
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@jacob: too much transparency may not rock the boat of the parent company. Stock values, revenue information, profit lines, graph contexts etc and so many things cannot be shared between companies even if they are working together. Transparency between companies is one thing, and transparency between companies and customers is another thing.

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