Today Patni Computer Systems launched Inventory Liability And Risk Management Dashboard in collaboration with SAP.
Detail news released says that "The solution, built on top of the SAP Supply Network Collaboration (SAP SNC) application and leveraging the SAP BusinessObjects Xcelsius Enterprise software, helps enterprises calculate in near real time the monetary value of the inventory which is at risk at any given point across the supply chain."
"“Built on top of SAP SNC and leveraging SAP BusinessObjects Xcelsius Enterprise, the solution addresses a key challenge faced by high-tech OEMs in the current economic environment,” said Holger Fritzinger, vice president, industry business unit high tech, SAP Labs LLC. “By deploying this solution, high-tech OEMs will be able to exercise better visibility and control of their critical inventory and suppliers.”
Still to watch demo. Let me dig this some more and I will come back with an opinion.
-Prashant
SATYAM = Mahindra Satyam Why Not AIR INDIA = TATA AIR???
Satyam had seen phenomenol growth in last few years, worldwide customer base, soaring share prices, large scale investment plans, big company size, multi million dollar contracts and what not. Everybody saw it crumbling down the day Raju announced mis deeds, and everybody thought its all gone - some foreign media even termd it as INDIAs ENRON. So picture was like enron is gone so satyam will.
Today satyam is still there, up and running with new thoughful leadership of mahindras, solid organizational backup, people willing to do business. Whatever will happen to culprits, debts and lawsuits - its still there - firm and solid.
Question is WHY? Because in its first few weeks of problem - it got able leadership of indutry czars, a clear governance model setup and steering through indian government, a process to get it out of all negatives and providing it new owner.
Now another question is - Why the same cannot happen to AIR INDIA. The situation is same. Nobody - not any single person - did any fraud on the face of it. But everybody allowed it get it to this stage. Under their nose, everybody allowed it crumble step by step, even contributed to it one or the other way. So now its asking for rescue package. What would be a better rescue package than making it TATA AIR? This way atleast a company can be saved, all jobs can be saved, infrastructure can be saved and still it will fly - may be with flying colors.
But the real question is - will babudom (a famous word for indian beaureaucracy) sitting in india's capital will allow it to happen? Will indian politics will allow it to happen?
Lets wait and watch.........
-Prashant
Today satyam is still there, up and running with new thoughful leadership of mahindras, solid organizational backup, people willing to do business. Whatever will happen to culprits, debts and lawsuits - its still there - firm and solid.
Question is WHY? Because in its first few weeks of problem - it got able leadership of indutry czars, a clear governance model setup and steering through indian government, a process to get it out of all negatives and providing it new owner.
Now another question is - Why the same cannot happen to AIR INDIA. The situation is same. Nobody - not any single person - did any fraud on the face of it. But everybody allowed it get it to this stage. Under their nose, everybody allowed it crumble step by step, even contributed to it one or the other way. So now its asking for rescue package. What would be a better rescue package than making it TATA AIR? This way atleast a company can be saved, all jobs can be saved, infrastructure can be saved and still it will fly - may be with flying colors.
But the real question is - will babudom (a famous word for indian beaureaucracy) sitting in india's capital will allow it to happen? Will indian politics will allow it to happen?
Lets wait and watch.........
-Prashant
Bristlecone Webinar on Supplier Risk Management - recording available
The webinar that I mentioned about in one of my post earlier, Bristlecone Webinar where Jason, Naresh and Padmini explained how the risk is important factor to look for, how a Supply Chain consulting company like Bristlecone can help you in managing supplier risk and provide you a solution that SAP came up with. It was a indeed very good conversation to listen.
You will see more in coming days on this blog about supply chain risk and how people should be doing that in bad times like this.
Those who missed this webinar should visit this link here and click on view archive button. The entire event is available on windows media player.
-Prashant pmendki(at)gmail(dot)com
You will see more in coming days on this blog about supply chain risk and how people should be doing that in bad times like this.
Those who missed this webinar should visit this link here and click on view archive button. The entire event is available on windows media player.
-Prashant pmendki(at)gmail(dot)com
Blogsphere and Analysts - See it yourself
Since last one week there is a interesting conversation going on in the blogsphere - not in general - but the procurement, strategic sourcing areas - between Jason Buch of Spendmatters and Debbi Wilson of Gartner .
Its all started with Jason writing an article how gartner abandoned a blog taking a dig at debbie,and debbie answered it here .
Though I am enjoying most of the readings and comments and counter comments here , I think this more than between Jason and Debbie. Its good that they brought a biggest question in this industry where so called big analysts and advisors are influencing and driving decision making in the industry. I am not sure to what extent all this can be avoided as vendors try to be close to these analysts to get the opinion in favor and industry leaders look for them to get the "good" advice. So in between analysts fetch too important and decisive role to play with both.
Now one has to keep in mind that these analysts are human naturally driven by lot of aspects of business. No doubt they are intelligent, eyes and ear open, work hard to to know each and every angle of the solution, vendor, people, company they reasearch and write about. But at the end everything is driven by opinion that they make from their impression of their study and inputs they received. So if a CFO is making a decision based on a omments from a analyst that "never heard of them so they are not good" - then that guy should better be kicked out as a CFO.
For all industry watcher though - all is happening for good. This is not argument between analysts, its more from vendors and companies whose opinions are driven by analysts. So at the end vendors and customers will win - whatever happens.
write me on pmendki(at)gmail(dot)com or just post a comment here.
Its all started with Jason writing an article how gartner abandoned a blog taking a dig at debbie,and debbie answered it here .
Though I am enjoying most of the readings and comments and counter comments here , I think this more than between Jason and Debbie. Its good that they brought a biggest question in this industry where so called big analysts and advisors are influencing and driving decision making in the industry. I am not sure to what extent all this can be avoided as vendors try to be close to these analysts to get the opinion in favor and industry leaders look for them to get the "good" advice. So in between analysts fetch too important and decisive role to play with both.
Now one has to keep in mind that these analysts are human naturally driven by lot of aspects of business. No doubt they are intelligent, eyes and ear open, work hard to to know each and every angle of the solution, vendor, people, company they reasearch and write about. But at the end everything is driven by opinion that they make from their impression of their study and inputs they received. So if a CFO is making a decision based on a omments from a analyst that "never heard of them so they are not good" - then that guy should better be kicked out as a CFO.
For all industry watcher though - all is happening for good. This is not argument between analysts, its more from vendors and companies whose opinions are driven by analysts. So at the end vendors and customers will win - whatever happens.
write me on pmendki(at)gmail(dot)com or just post a comment here.
Supplier diversity - Have you checked your supplier base?
Recently blackenterprises.com published their list for 2009 Best Companies for Diversity , listing companies who are doing business with different diversity groups like employee base, board of directors, senior management and suppliers. From strategic sourcing initiative its very important to identify the diversity status of your supplier, have visibility towards your diversity supplier base.
Its not just legal apsect but social and economic aspect as well. You should be able to see and analyze how much of your vendor base is governmant certified small business, is it minority owned, hispanic, asian owned, woman owned, is 8a certified, hubzone certified.......There might be a individual certified business.
To have this visibility, you need to have your data in correct and updated shape. How many IT guys or business people care about this? You might have done this updation once, but what if EXIT DATE of the certification is crossed and vendor no more belong to that category? Or what if you have more vendors certified under these categories than you know.
Why should you look for diversity and small business supplier when the strategic decision is to consolidate the supllier business and save on costs. Recently Raj Sharma came across a good article about The Evolving Case for Supplier Diversity .
There are lot of strategic sourcing benefits that supplier diversity provides. Lets look at that in detail sometime later next week.
To know more or share your opinion on this you can always write to me on pmendki(at)gmail(dot)com or post your comments on this article.
Its not just legal apsect but social and economic aspect as well. You should be able to see and analyze how much of your vendor base is governmant certified small business, is it minority owned, hispanic, asian owned, woman owned, is 8a certified, hubzone certified.......There might be a individual certified business.
To have this visibility, you need to have your data in correct and updated shape. How many IT guys or business people care about this? You might have done this updation once, but what if EXIT DATE of the certification is crossed and vendor no more belong to that category? Or what if you have more vendors certified under these categories than you know.
Why should you look for diversity and small business supplier when the strategic decision is to consolidate the supllier business and save on costs. Recently Raj Sharma came across a good article about The Evolving Case for Supplier Diversity .
There are lot of strategic sourcing benefits that supplier diversity provides. Lets look at that in detail sometime later next week.
To know more or share your opinion on this you can always write to me on pmendki(at)gmail(dot)com or post your comments on this article.
Bristlecone Webinar on Supplier Risk Management
Purchasing Magazine, Bristlecone and SAP getting together to bring you very good discussion on supplier risk management. Webinar will be held on June 24, 2 to 3 PM eastern Time, USA. Contributors are - Paul Teague from Purchasing magazine , Jason Buch from spendmatters , Naresh Hingorani from Bristlecone - Supply chain leader company and Padmini Ranganathan from SAP.
As we always talk about spend visibility, data issues, strategic sourcing - these distinguised speakers will bring out more strategic views to the table on how all this can be achieved to analyze your business risks better, upfront.
You can register for event by accessing this link and register
See you there.
As we always talk about spend visibility, data issues, strategic sourcing - these distinguised speakers will bring out more strategic views to the table on how all this can be achieved to analyze your business risks better, upfront.
You can register for event by accessing this link and register
See you there.
The big strategic confusion - Part I
This is the series that I would like to publish over this week - the big strategic confusion. The confusion within the industry managers, sourcing and procurement professionals and IT managers who deal with these systems. The confusion on "yes we want to save, we want to start a strategic plan, an approach to save money in longer term - but what is that plan? what should I look into? How to start, what to start, whom to approach, who are the vendors - what do I need at the end of the day"
I know this is inherent confusion for customers as well as providers. As customers doesnt know what they need as there are too many service providers in different layers of the pyramid - including nische as well as end to end, service providers are also in a confusion as to what should they provide? to whom they should approach, should it be overall package on end to end solution or just one services on premium rates. This I call big Strategic confusion.
So what is the industry space we are going to talk on - its strategic sourcing - whatever that means, MDM - data integrators, ETL tools and its usage, data quality solutions and services, packaged software providers, service delivery models and consultants who are always there to guide or misguide you. Are you confused enough? Keep reading this series....
I know this is inherent confusion for customers as well as providers. As customers doesnt know what they need as there are too many service providers in different layers of the pyramid - including nische as well as end to end, service providers are also in a confusion as to what should they provide? to whom they should approach, should it be overall package on end to end solution or just one services on premium rates. This I call big Strategic confusion.
So what is the industry space we are going to talk on - its strategic sourcing - whatever that means, MDM - data integrators, ETL tools and its usage, data quality solutions and services, packaged software providers, service delivery models and consultants who are always there to guide or misguide you. Are you confused enough? Keep reading this series....
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