, (PressExposure) December 05, 2007 -- The SEF 2 or Suppliers Exchange Forum was a premier event in Central American calendar attended by more than 800 participants, exhibitors and speakers. The event was opened by the Foreign Trade Minister of Costa Rica, Mr. Marco Vinicio Ruiz, who stressed importance of international trade for peace and prosperity. The event was televised and broadcast live to more than 2,000 participants in 10 universities and other locations in Central, North and South America. 16 speakers representing perspectives from different corners of the globe were invited to share their experiences and knowledge in the arena of global supply chains. Currently, this is an area of immense importance in the global trade and skills shortages abound.
Managing Director of Global Supply Chain Group, Mr. Vivek Sood represented Asia Pacific Supply Chain perspective at the 2nd Annual Suppliers Exchange Forum in San Jose, Costa Rica from 5th November to 7th November 2007. He presented the solution to the predicament which more and more trans-national corporations are increasingly facing in the current complex and rapidly globalizing international environment. On one hand competitive pressures are forcing corporations to increasingly offshore and outsource. On other hand, security, corporate social responsibility and other strategic considerations are making it imperative to tightly control the end-to-end supply chains. How to achieve the balance through application of appropriate Supply Chain Governance protocols is always a challenge. Mr. Sood perspectives encapsulated how some smart corporations maintain their supply chain advantage through continual reassessment of their business environment and readjustment of associated Supply Chain parameters. For his effort in sharing knowledge and best practice, Mr. Sood was thanked by the Minister.
About Suppliers Exchange Forum 2 SEF2 is intended to multiply supply chain and outsourcing resources, practices and efforts by global companies. The core concept of the event was âOutsourcing and Supply Chain: Innovation and added value through suppliers.â The agenda was presented by world class speakers with experience in the development of supply chain programs for first tier corporations, strategies and policies applied by companies and countries that have become todayâs role model for development.
Participants were in close contact with world companies and have the opportunity to become part of the growing foreign direct investment in Costa Rica âs clusters as partners, suppliers, or clients. Also they can be confident of the benefits to invest in a country with a highly skilled labor force, long history of democracy and peace, strategic location in the world, and a strong supply chain network.
Some of the topics of interest were 1. Supply Chain trends and challenges in High Tech Industries 2. Investing and outsourcing in developing countries 3. Global Strategic Sourcing 4. Using suppliers network to learn faster. 5. Suppliers development for global approach 6. Creating strong and flexible Supply Chain: â Thinking globally, acting locallyâ 7. Success for 3PL (Third-party logistics) 8. Lean Supply Chain: Best practicesâ 9. Collaborative Supply Chain 10. Supply Chain Technology 11. Global Transportation Challenges.
The forum was held on November 5, 6 and 7, 2007 in San Jose, Costa Rica .
About Mr. Vivek Sood Vivek is the Managing Director of Global Supply Chain Group based in Sydney, Australia . He has over 23 years of operational and strategic experience in logistics and supply chains. As a management consultant with Booz Allen & Hamilton he has provided supply chain and strategy advice to boards and senior management of clients in a range of industries including manufacturing, chemicals, mining, agribusiness, construction materials, explosives, airlines and electricity utilities. His project work in supply chain management has added cumulative value in excess of $500M incorporating projects in major supply chain infrastructure investment decisions, profitable growth driven by global supply chain realignment, Business Process Reengineering, supply chain systems, negotiations and all other aspects of global supply chains.
Vivek has spoken at several supply chain conference, forums and workshops in various parts of the world. He has also conducted several strategic workshops on various aspects of supply chain management. Vivekâs areas of expertise include Supply Chain and Logistics strategies and systems, Network and Footprint optimisation, and operations management. He received his Master of Business Administration with Distinction from the Australian Graduate School of Management in 1996 and prior to these studies spent 11 years in the Merchant Navy, rising from a Cadet to Master Mariner. PressRelease Distribution By PressReleasePoint(http://www.pressreleasepoint.com)
About Global Supply Chain Group: Global Supply Chain Group is pro-active in creating, configuring, and formulating effective, secure and sustainable supply chains around the world. With a collective supply chain experience of more than 120 years, the senior team in Global Supply Chain Group has worked on more than 100 blue chip projects on all continents adding in excess of $1.5 Billion in value to their clientsâ businesses. Large corporations rely on Global Supply Chain Group to deliver outstanding results in their supply chain strategy, supply chain sustainability, supply chain security and supply chain performance.
Global Supply Chain Group works very closely, and sometimes anonymously, with the senior executive teams of large corporations to help them win outstanding Global Supply Chain Advantage through: â¢ Supply Chain Transformations and Design, â¢ Supply Chain Strategies and Execution, â¢ Supply Chain Infrastructure and Efficiency, â¢ Supply Chain Information technology and Integration â¢ Supply Chain Processes and Personnel No matter what your supply chain issues or questions are, it is worth while reaching out and making a connection with us on http://www.GlobalSupplyChainGroup.com