SUPPLY CHAIN RESOURCE COOPERATIVE

  1. Historically, businesses have used one of two extremes for inventory management: push-based or pull-based. Push-based inventory management uses demand forecast to manage inventory and replenish from the supply base.  Pull-based inventory management, on the other hand, uses consumption to replenish from the supply base and manage inventory.  The push-based method relies heavily on forecast accuracy and […]

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  2. A recent interview I conducted with a former Chief Procurement Officer who has worked for over 25 years in procurement in various industries captures what I believe is the true opportunity that exists for supply management executives. “The space occupied by procurement is not well understood by the CEO or the CFO in most companies, […]

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  3. As we go into our 2013 fall semester, the SCRC team is pulling together the list of project summaries from our 15 corporate partners.  This is indeed a busy time for everyone as we go into full project planning mode… Prior to the beginning of each semester, we work with a SCRC project liaison from […]

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  4. The first inaugural meeting of the BVL International Carolinas Chapter was held on August 12, 2013 at the Volvo facility in Greensboro, NC.  The meeting was a great success, with well over 100 individuals participating.  The meeting was kicked off by a business meeting, and I had the distinction of being elected as the Chairman […]

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  5. Although strategic sourcing capabilities are well established in industries ranging from automotive to electronics, they are still in the formative stages in the biotechnology sector.   It isn’t easy to drive change in biotech companies for a number of reasons. With their external spend increasing so fast, there is great pressure on biotech companies to rethink […]

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  6. An article entitled “Spillapalooza:  How BP Got Screwed in the Gulf” by Paul Barrett provides some astounding statistics on the volume of litigation that continues to occur, and the widespread abuse of this event by the legal community to pull money out of “big bad oil companies”.  Barrett points out that following the litigious feeding […]

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  7. Today’s blog is a guest post by Nick Moores on social networking for supply chains.  Although this is a topic that is bandied about a great deal, Nick shares some interesting insights into how managers need to think about social networking as a vehicle for creating business relationship networks.  Effective supply chain management through social […]

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