Well, thats a LOT easier said than done. I read, a few years ago, a book called "built to last", an economist analyzed hundreds of companies and determined what made companies last (I think it was more than 50 years, and with revenues higher than X... etc). The results where somewhat expected but still a very nice work.
Anandvy, Amazon, eBay websites are like an interface between the manufactures are the customers. So they cannot assure any quality in products from any of the third service providers because they are not handling any products. They are just collecting the order and payments from customer side and finally transferring the orders to the vendors for delivery. But they are frequently collecting feedback from customers about the delivered products and hope they are passing these product feedbacks to the vendors for improving the products.
I agree with you that what Amazon is doing is disruptive. The hurdles you mention in the end are normal and expected but I believe that traditional companies will have to deal with it in order to survive.
I keep thinking about Dell and how they changed the PC market, if others hadn't followed, Dell would have taken control of it.
Amazon is "outsourcing" the manufacturing, just like any other company, and then selling it to customers.
EBN Dialogue enables and encourages you to participate in live chats with notable leaders and luminaries. Not only editors and journalists, but the entire EBN community is able to comment and ask questions. Listed below are upcoming and archived chats.
Thailand Stages a Comeback Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Microsoft Surface: Potential Winners & Losers What are the implications for the electronics industry supply chain of Microsoft Corp.'s decision to launch its own tablet PC? Join industry veteran and EE Times' systems and OEM expert Rick Merritt on Tuesday, July 3, at 12:00 pm EDT for a Live Chat on this subject.
Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Peter Drucker famously said "Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window." Yet in the razor's-edge world of electronics—with a lean supply chain and just-in-time demands—the need to know the future is vital.
While no one really can accurately predict the future, we can take guidance from another Drucker saying which is the best way to predict the future is to create it.
You've heard the saying "the No. 1 supply chain risk is your people." That hasn't always been the case. But today's complex global supply chain requires a new type of multitalented employee. It's one who understands, finance, marketing, economics, is savvy with technology, graceful with relationships and can think analytically.
Where are these people? Are universities properly preparing the next generation supply chain professionals? How do train your existing workforce for these new, demanding positions?
Brian Fuller, editor-in-chief of EBN, will lead a 60-minute Avnet Velocity panel discussion that will ask and answer these and other questions swirling around today's supply-chain talent challenges.