What is the importance of business process innovation?

Iloilo City   |  February 8, 2014

 

The coming of entrep guest Buddy Silva, and his other business:  software and the GPS system with telemetry  supports the idea that business process innovation creates more wealth and value for the company:

1.  The Dell model of direct to the customer, just by cutting two steps in the supply chain catapulted Dell from nowhere to leadership in the PC market; 

2.  The nautical highway and RORO disrupted the shipping business in the PHIL and this enabled companies:

     1,  reduce inventories warehousing, DCs

     2.  increase turn over  -  reduction of time to deliver.  From factories end to end to retailer took at most two days.  

     3.  reduction of back order;  goods are fresher and reach the customer in time, reducing spoilage and old products/expiring products in retailers gondolas/warehouse.

3.  A cellphone remanufacturing center reduced manufacturing time by 75 (made the process faster) thereby increasing # of outputs/production and reduced cost by 10% and this resulted in substantial profits amounting to million dollars a month.

4. A major retailer in US invested in satellite communication system to manage inventories and above all reduce the time to process credit card by mere 20 seconds.  This doubled the number of transaction during the day and the sales as well.  Ingenious eh.

5.  BPO are BPI initiatives. They are here to stay:

    1. Companies can focus on core competencies and leads to less complexities in management;

    2.  They can reject the output, which they cant do in house;

    3.  Costs are lower. albeit even better because the outsourcing has more competency and more learning experience on the processes outsourced to them

STRIVE TO IMPROVE PROCESS ALWAYS.

Gen Vo Nguyen Giap, brilliant military strategist of Vietnam dies at 102

From BBC News | October 4, 2013


                       
                            Fidel Castro and Gen Giap


The brilliant military strategist of Vietnam who caused the defeat of France at the Battle of Dien Bien Phu and the withdrawal of US from Vietnam, Gen Vo Nguyen Giap, recently died at age of 102.

For the battle of Dien Bien Phu, he prepared to ambush the French by having cadres drag howitzers piece by piece up the mountain overlooking the French camp.  Who would think, as (Hannibal did that he would attack Rome from the Alps) that he would do that?  And to overcome the air superiority of Franch (with the Mirage bombers) he hid the guns in the caves.

For the defeat of Americans, he masterminded the network of tunnels to negate the superiority of air power the napalm and the carpet bombing of B-52. It is worth noting so that the spy plane and satellites would not detect their supply chain:  he made sure that bridges were under water (the river) and underneath the canopy of trees and rain forest.   Thus the supply chain was (and we know that military runs on a strong supply train as MacArthur, Eishenhower, and Schwarschopff have advocated, was intact most of the time.

He was also known for his famous Tet offensive vs US troops

But Giap did not have formal military training.  (An equivalent of a successful entrepreneur who is college drop out - Mark Zuckerberg perhaps?)

They also made sure that political offensive was carried out in Washington.  The protracted war caused many widows and orphans to dislike the war and thus Washington was left with no choice but to leave the SV allies

Do you think that he is a really brilliant strategist?

Does his work clarify the meaning of strategy?

From NBC news