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Four Major Changes in Global Prosperity

Four Major Changes in Global Prosperity | Material standardisation | Scoop.it

The annual Prosperity Index measures national prosperity based on eight core pillars that combine “hard” data with survey data. The result is the most comprehensive assessment of national prosperity of its kind.


Via Kenneth Mikkelsen
Jerome Raymond's insight:

The UAE has jumped from its 33 postion in 2009 Position to 13 Position in a span of less than 4 years, this momentum of increase would be more faster in the next few years given that major projects would be live in the couple of years. May be in top 5... great new year news..

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Melissa Mackal's curator insight, November 3, 2013 9:16 PM

Would love to see if there was any correlation between global prosperity and Hofstede's Dimensions of Culture Model.

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Rescooped by Jerome Raymond from Supply chain analytics | Inventory budget optimization | Mu Sigma
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Supply chain analytics | Inventory budget optimization | Mu Sigma

Supply chain analytics | Inventory budget optimization | Mu Sigma | Material standardisation | Scoop.it
Mu Sigma offers supply chain analytics services that could drive a measurable impact on customer's KPIs

Via Sophia
Jerome Raymond's insight:

With year end closing by this article would help in fixing the KPI for SCM...specially on the invenotry...

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Rescooped by Jerome Raymond from lean manufacturing
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Toyota Lagging in Part Standardisation and Platform Sharing | Autocar

Toyota Lagging in Part Standardisation and Platform Sharing | Autocar | Material standardisation | Scoop.it

"Kanban-style just-in time parts deliveries, kaizen policies of continuous improvement – Toyota has been a banner-carrier for these and many other methodologies that long ago gave it an edge when it comes to productivity and robust, repeatable quality. 

So it’s a bit of a surprise to hear, as we did last week in Toyota’s Nagoya headquarters, that the company has been a bit less effective when it comes to parts standardisation, platform sharing and common parts strategies."


Via Michel Baudin
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Michel Baudin's curator insight, October 24, 2013 8:55 AM

I was taken aback by the article's original title, describing Toyota as a "master of mass production," but read on nonetheless and found the rest intriguing.

 

In essence, it asserts that Toyota paid for the autonomy of its product development teams in the form of too many different parts and platforms, and is undertaking to change this for the future. 

 

The article does not say how Toyota proposes to do it. 

Rescooped by Jerome Raymond from Megatrends
Scoop.it!

Four Major Changes in Global Prosperity

Four Major Changes in Global Prosperity | Material standardisation | Scoop.it

The annual Prosperity Index measures national prosperity based on eight core pillars that combine “hard” data with survey data. The result is the most comprehensive assessment of national prosperity of its kind.


Via Kenneth Mikkelsen
Jerome Raymond's insight:

The UAE has jumped from its 33 postion in 2009 Position to 13 Position in a span of less than 4 years, this momentum of increase would be more faster in the next few years given that major projects would be live in the couple of years. May be in top 5... great new year news..

more...
Melissa Mackal's curator insight, November 3, 2013 9:16 PM

Would love to see if there was any correlation between global prosperity and Hofstede's Dimensions of Culture Model.