The Edge Blog: Insights on business transformation, practical applications and everything in between

Crowdsourcing meets Portfolio Management

By Anand Chandrasekhar

PEORIA - Over the last few years, crowdsourcing has been gaining popularity in several fields, especially to gather new ideas for building new products/services or to enhance existing ones. This could be an extremely powerful way to continuously nurture innovation, enable growth, and excel in business.

Some organizations use fancy crowdsourcing applications at the front end of their enterprise to gather ideas from various sources, but often fail to manage them down the line. Unless such applications are seamlessly integrated into a ‘single’ enterprise portfolio, project management & governance solution, even the brightest idea will fail to evolve and deliver.

Supply Chain Response to Demand Surge

Many different factors trigger variations in demand. Poor forecasting, change in demand of substitute products, expectation of customers (shift in customers’ preference), price at global level, increase in number of customers, change in government regulations, technology improvements are some among them. OEM's strive hard to react to unprecedented growth in demand and try to reduce the gap in demand and supply. Demand variability could be radical, it is interesting to see how the supply chains reacts when there is an upsurge. This will help the entire supply chain (OEM’s, suppliers) to reduce cost and increase revenues, hold the market share and customer satisfaction.

Mentoring Minute - “The Ideal Mentor & Mentee”

By Rick Nieves

CHICAGO - One of the most common questions is this: What makes a good mentor and mentee?

While the makeup will vary somewhat, there are certain traits that seem to be consistent across the board.

Below are profiles of each. Hopefully, this will help you identify good candidates for your current (or future) mentoring programs.

The ideal mentee will:

Rick Diefenderfer comes full circle with Easterseals

CGN Global’s Rick Diefenderfer attended the annual Easterseals Central Illinois board meeting, held in Peoria, Illinois, on Thursday, August 24th, to present a check.

Diefenderfer recently embarked on a bicycle ride across America, from Santa Monica, California to New York, New York, to raise money for children with autism. The initiative was coined Rick’s Easterseals Ride for Kids & Progress. The ride went from the end of May to the July 4th holiday.

Rick followed the old Route 66 from Santa Monica, California to Chicago, Illinois, traveling through California, Nevada, Arizona, New Mexico, Texas, Oklahoma, Missouri, and Illinois.

Inbound Supply Chain Network Analysis

The objective of an analysis is to develop Inbound Supply Chain Network with the ability to understand the current baseline network, identify non-intuitively obvious solutions revealed in analysis and review high level scenarios. The analysis should include multiple part families, regions, suppliers and identify supply chain network opportunities with associated costs and benefits.