Monday, August 27, 2018

Sudoku - Impact in Life and Supply Chain


I started playing Sudoku when i was 21 and used to hang on to the game during my travel time in the City Metro with one hand on the railing. Of course, Sudoku has actually taught my brain how to think and weigh different options and what are the most probably options to note before solving things..

But more than, Sudoku has actually taught me something quiet interesting.

1) You always have a logical reasoning behind every move in Life.
2) Contracting to point #1 though, A guess work might save you time to win the game . Compare that to life decisions you make and you would realize that the risk is basically what matters in the Time of Life. If you take that risk, you are solving the puzzle of life faster but on the other side, if the risk is not a calculated Risk, you are bound to fall into a trap hole sometime later in life and it would be very hard to trace back where things went wrong...
3) Sudoku when applied to my field of interest says , that there is logical process to solving every problem and there are only certain decisions which impact the the right solutions and to solve your Supply Chain solution faster, you need to fit the right problems at the right time by analyzing the connecting impacts.. You can make a guess, if a connecting impact actually hurts your puzzle but again that guess can either be a well calculated guess based on your analysis or can be vague based on your prior experience in the Supply Chain space(Something like a delphi method being used for Forecasting etc)

Keep Playing.. Anyways!!!

Wednesday, August 22, 2018

Trade war impacts on Supply Chain

Ref : https://moneyinc.com/will-the-u-s-china-trade-war-impact-on-supply-chain-operations/

Whisper it quietly, but the world is bracing itself for a trade war between the U.S. and China. This almost seems inevitable, with China having responded to Trump’s initial clampdown on exports by imposing a 25% tariff on a wide range of American imports.
Like most wars, however, we’re unlikely to see a winner in this dispute, while the fall-out could well impact on all trading nations across the length and breadth of the globe.
In fact, this trade war could have a particularly negative impact on supply chain operations, which remains a key part of global importing and exporting. Here’s how:
The U.S. vs. China in Numbers
On a fundamental level, a trade war between the U.S. and China represents a conflict between the two single biggest economies in the world.
In the case of America, their $19.42 trillion economy accounts for a staggering 25% of the gross world product, while the U.S. boasts exceptionally advanced technology along with superior natural resources. Not only this, but America also boasts an impressive GDP per capita, which is estimated at around $59,609.
While China may be categorised as a developing country, over time it has transformed itself from a centrally-planned and closed economy to a global hub for manufacturing and exporting. This is reflected by its unique GDP, which is estimated at $23.19 trillion and exceeds the corresponding figure for the U.S..
So, while its GPD per capita number is considerably lower at $16,676, there’s no doubt that China has grown into a true economic powerhouse.
How Will This Trade War Impact on Supply Chain Operations?
As we can see, a trade war between the U.S. and China has the potential to be seismic, while it may also have a considerable impact on global trade. This worldwide supply chain operations involving cross-border businesses, which play a fundamental role in driving exports, imports and global trade as a whole.
In order to analyse the impact of this prospective trade war on global supply chain operations, it’s important that we take this argument to its extreme. In the worst-case scenario, companies impacted by the implementation of hefty tariffs could be forced to relocate their factories or distribution centres, at considerable social and financial cost (such moves could cost high number of jobs, for example).
This could also have a knock-on effect for investment decisions, creating longer-term problems and sustainability issues.