The World is Flat Flatteners #7 & #8 Thomas Friedman Group 4: Tom, Josh, Brian, Jing, Ingrid.
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Transcript of The World is Flat Flatteners #7 & #8 Thomas Friedman Group 4: Tom, Josh, Brian, Jing, Ingrid.
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The World is FlatFlatteners #7 & #8Thomas Friedman
Group 4: Tom, Josh, Brian, Jing, Ingrid
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Flattener #7 – Supply Chaining
Wal-Mart Prophet?
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Flattener Key Points
• Resourcefulness versus opportunityBusinesses in Difficult situations or insecure in the marketplace will innovate and educate the industry
• Small efficiencies via technologyEnhanced communication, leads to identification of more instances to cut costs
• Smart products and meta data MicrochipSmart products
• RFID tags Streamline their supply chain
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What are the implications for the US economy and position in the world?
• Adoption is a necessityResistance is futile. A place in the business world is solidified by adoption and innovation.
• Catch-22, Hegemony, Tiny gains Demand models, anticipation techniques and trend analysis makes meta data key in highly competitive markets
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Points of contention
• Tools empower manufacturersTools may empower the manufacturers (as they adopt
them) to leverage back against Wal-Mart. • Backlash blindspot
Just like Wal-Mart couldn't foresee the backlash from globalization, impersonalization and efficiency cost cuts, Friedman didn't foresee that we would backlash his "flat" metaphor quite so viscously
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Wal-Mart Profit.
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Flattener #8: UPS: In-Sourcing
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Example #1: UPS fixes laptops for companies to speed up service. 3 day turn-around, instead
of week (s) for product repairs
Point 1 - UPS is not only shipping parcels, but also providing smart business solutions
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Example #2: Take orders from Nike.com, fill the order from a warehouse staffed and
operated by UPS and ship with UPS.
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Point 2
• UPS makes big companies act small + small companies act big
• If you are a seller on Ebay, the buyer pays through PayPal, you print UPS label through PayPal and tracking number is emailed to the customer so they can track online and know when it’s being delivered
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Point 3• UPS is creating enabling platforms
for anyone to take their business global.
• Provides funds for small businesses for computers, scales, printers to help grow your business
• Provides banking/COD solutions for businesses
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Point 4• UPS makes delivery super efficient &
super fast, and does this in high volumes.
• Figured out a way to track packages more efficiently. Allow customers to track their own packages online.
• Coding system to track packages - saves money and speeds up delivery delivery.
• Lowered price from $2+ to 5 cents
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Point 5
• UPS is now basically an extension of departments within other companies
• UPS tracks weather and geopolitical disturbances to make sure they’re prepared for that days business.
• 2% of global GDP is being transferred through UPS at any given moment.
• Largest user of wireless technology in the world. Cell Phones/DIADs (Driver Delivery Information Acquisition Devices)
• UPS Companies UPS Air Cargo UPS Capital Corporation UPS Consulting UPS Mail Innovations Mail Boxes Etc., Inc. Motor Cargo, A UPS Company Overnite, A UPS Company UPS Professional Services UPS Supply Chain Solutions
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And Flattening Capabilities…..