Author Archives: aviyer2010

Unknown's avatar

About aviyer2010

Professor

Operational Hedging vs Currency Hedging

An article in the Wall Street Journal (February 19, 2011) describes the move towards operational hedging – by shifting production across a global network of plants rather than pay for currency hedging. The article lists Nissan, Autoliv (seatbelt and airbag … Continue reading

Posted in Global Contexts, Operations Management, Supply Chain Issues | Tagged , , , | Leave a comment

Grocery Co-ops of small stores competing with Supermarkets

The Economist (January 29, 2011, pg 64) describes how a collection of small stores are uniting as a co-op to develop customer loyalty cards, negotiate with branded manufacturers and offer electronic discounts to preferred customers.  The article comments on the … Continue reading

Posted in Operations Management, Service Operations, Supply Chain Issues | Tagged , , , , , | 67 Comments

Adjusting Runway designs to new material cost realities

A Wall Street Journal article (February 17, 2011, D1) describes changes in runway designs to accommodate the rising prices of cotton, silk etc.  One designer describes changes in material (leather to crinkled satin), length of the dress, number of bows … Continue reading

Posted in Global Contexts, Operations Management, Service Operations, Supply Chain Issues | Tagged , , , , , | Leave a comment

Differential inspection of generic manufacturing facilities

An article in the Wall Street Journal (February 16, 2011, B1-3) describes the fact that FDA inspection of US pharmaceutical manufacturing facilities is usually once every two years but foreign plants are inspected less frequently, with 64 % of the … Continue reading

Posted in Global Contexts, Operations Management, Supply Chain Issues | Tagged , , , , , | Leave a comment

Political Risk and Global Supply Chain Impact

An article in the Economist (Schumpeter, February 12, 2011, pg 75) describes the impact of political risk on the supply chain. It starts with the abrupt impact of the changes in Egypt on the company that controlled 67 % of … Continue reading

Posted in Global Contexts, Operations Management, Supply Chain Issues | Tagged , , , , | 10 Comments

Speeding up Medical Device Review and possible Quality Impact

A Wall Street Journal article (15 February 2011) describes a study of medical devices that received quick approval – if the device to be similar to others in the market and is intended for low to moderate risk patients.  The … Continue reading

Posted in Operations Management, Service Operations | Tagged , , , , | Leave a comment

Neiman Marcus Assortment changes and potential impact

A Wall Street Journal article (15 February 2011) describes the past strategy at Neiman Marcus and changes to respond to the 30 % sales drop in December 2008.   The article describes that 50 % of its sales were generated … Continue reading

Posted in Operations Management, Supply Chain Issues | Tagged , , , , | Leave a comment

Trans-Pacific Partnership (TPP) and Global Supply Chain Impact

An article in the International Herald Tribune (14 February 2011) describes the TPP – which involves the Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore and Vietnam (and possibly Japan).  The article describes the possible impact of such a pact … Continue reading

Posted in Global Contexts, Supply Chain Issues | Tagged , , , | Leave a comment

Commodity price increases, margin impact and choices

A Wall Street Journal article (14 February 2011) describes the impact of commodity price increases have driven down average operating margins – by $ 500 million for Kraft and $ 1 billion for Proctor & Gamble.  The focus on productivity … Continue reading

Posted in Global Contexts, Operations Management, Supply Chain Issues | Tagged , , , , | Leave a comment

US Manufacturing decreases and possible Innovation Impact

A New York Times article (February 12, 2011) describes the drop in employment in US manufacturing – from 11.6 million in 1979 to 8.1 million in 2010, and worries about the consequent impact on innovation.  Some experts suggest that manufacturing … Continue reading

Posted in Global Contexts, Operations Management, Supply Chain Issues | Tagged , , | 1 Comment