SUPPLY CHAIN RESOURCE COOPERATIVE

Category Archives: Emerging Issues in Supply Chain

  1. Fall semester at the Poole College of Management kicked off this week, and a new group of MBA and engineering students walked into our hallowed halls.  In my MBA 541 class on supply chain relationships, I spent some time introducing the students to some of the topics we will cover this semester.  Although some may […]

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  2. For analytics to become truly effective in global manufacturing settings, veracity and consistency are critical requirements. Based on a recent interview with an executive at a large global apparel company, several insights regarding improvements in global consistency of data became important. Too often, companies seek to collect data for analytics, but do not consider that […]

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  3. At a recent meeting I attended, several members of a quality team noted that suppliers sharing process capability data from their line would provide enormous benefit. Emerging real-time quality data systems being deployed by companies will improve the exchange of information between suppliers and Quality personnel, especially around inspection reports.  One area that has not […]

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  4. In my new book “The Living Supply Chain” co-written with Tom Linton, we reflect on the new capabilities required to be able to work with the evolving imperative of real-time data.  Two key concepts reflect the core elements of real-time supply chains. Velocity is the ability of an organization to flow working capital rapidly from […]

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  5. A lot of blogs and writers are discussing the role of machines vs. humans and their relationship, especially in the context of supply chain management.  Scenarios are being painted of computers operating in a real-time environment, using blockchain to process transactions, relying on Internet of Things to order goods and services, which are delivered by […]

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  6. It is no secret that future generations of managers are being asked to learn all about the different processes in the end-to-end supply chain, and be able to come together with others in a fast action plan when a disruption strikes. This capability in turn requires older generations of managers, often labeled “subject matter experts” […]

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  7. The Supply Chain Resource Cooperative held its bi-annual Industry Partner Meeting in the Talley Student Center at North Carolina State University this past week.   The theme, Navigating the Future in an Uncertain Political and Regulatory Environment”, included a keynote I gave, followed by presentations from Jason Schenker (Prestige Economics), Tim Barnes (AsiaPacific Consulting), and […]

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  8. On April 19th and 20th the Supply Chain Resource Cooperative held its bi-annual Board Advisory meeting and Partner Meeting in the Talley Student Center at North Carolina State University.  The program was really exceptional this year, and the riveting discussions left everyone with a lot of nuggets and insights to take with them to work […]

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  9. Recent articles in the New York Times and in the International Business Times highlight the emerging role of blockchain as a key enabler of improved integration between parties in the extended global supply chain.  For instance, IBM and WalMart are partnering to begin tracking The blockchain — the buzzy, bewildering technology behind cryptocurrencies like Bitcoin — […]

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  10. This week we announced the theme of our upcoming Supply Chain Resource Cooperative meeting.  The theme of the meeting, “Mapping the Road Ahead in Uncertain Times”, brings together a number of industry experts to share insights and develop some thoughts on how organizations can plan ahead to deal with the many surprising events that pop up […]

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  11. I recently interviewed a large semiconductor company that developed a cross-enterprise initiative to drive analytical learning across its entire supply chain. The company established a supply chain IT organization that reports up to the CIO. It focuses on leveraging the corporate infrastructure and its SAP and SAP Hana implementation, in order to span all activities from […]

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  12. Here’s a new insight by Tim Barnes in a guest blog this week, after Donald Trump announced the withdrawal from the Trans Pacific Partnership for the United States. I’ve been traveling the country this week meeting with both American business leaders and government and trade representatives from several Asian countries. During these discussions, I was asked […]

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  13. I was interviewed at the IBM Emptoris conference back in November on some of the emerging trends in terms of the value added that procurement can add through analytics, the importance of data governance as the foundation for analytics, sources of data for creating  cognitive analytics, and the rise of Big Data and the possibilities […]

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  14. A dominant theme that my co-author (Tom Linton) and I emphasize in our forthcoming book, “The LIVING Supply Chain” in the need to establish balance in the supply chain ecosystem. These rules apply within the Serengeti Desert, and we adopt several of the “Serengeti Rules” that naturalist Sean Carroll talks about in his book of the same […]

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  15. Given our latest discussions on the impact of the Trump presidency on the supply chain, Tim Barnes’ excellent article shown below is exceptionally timely!  Tim has deep experience in navigating the import/export regulatory climate, and has written a great book on the impact of the TPP on global trade.  In this article, he describes a very […]

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  16. On the second day of our executive focus group on the LIVING Supply Chain, the group took the opportunity to share insights regarding the emerging trends in the future of supply chains, with a focus on digitization, development of analytics and a focus on emerging technologies. The executives spent a good amount of time emphasizing the importance […]

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  17. The SCRC meeting was a huge success yesterday. I led off the discussion and took this opportunity to share some of the highlights of my new book, The LIVING Supply Chain, (with Tom Linton as co-author), and try out some of these new ideas on an unsuspecting group of people!  The SCRC meeting featured a group […]

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  18. We are at the beginning of a completely different era in the history of global trade: the era of the digitized  real-time supply chain. In the 25 years I have been teaching students and conducting research in the field of supply chain management, I have never seen the degree of change evident in the face […]

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  19. Contract management analytics are critical for tracking transactional compliance with contract pricing, terms and conditions, but also as a vehicle for workflow management around negotiation of contract renewals, and aggregation of supplier performance data on service level agreements, delivery, quality, and service performance. Transactional data must be rolled up to ensure suppliers are providing the requisite […]

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  20. I had the opportunity to attend a number of exciting events on procurement analytics in the last month.   First, I attended a CAPS Research event in RTP on Procurement Analytics, held right down the road at IBM headquarters.  Next, I attended a second CAPS Research Roundtable held in Tempe, AZ. Finally, I attended an […]

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  21. As a young assistant professor at Michigan State University in 1992, I was part of a group called the Global Procurement Benchmarking Initiative. This initiative benchmarked over 300 global companies, and set forth many of the principles for what we called “World Class Supply Chains”. Many of these principles became the foundation for consulting practices […]

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  22. I’m writing to share an exciting new report released today entitled “An Economic Impact Analysis of the U.S. Biobased Products Industry: 2016 Update.” This new report shows how the U.S. biobased industry continues to grow and generate substantial economic activity and American jobs. A full copy of the report can be downloaded here. Key takeaways […]

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  23. I had the opportunity to spend some time at IBM’s Research Triangle Park facility, (the actual hosting site for the Watson computer) this past week.  IBM hosted a roundtable for the Center for Advanced Purchasing Studies, with executives from P&G, US Steel, CB&I, Mastercard, and others attending.  In that session, Dan Carrell from IBM shared […]

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  24. This month’s Inside Supply Management published by the Institute for Supply Management features an article announcing the launch of a study being undertaken by the Center for Advanced Purchasing on the evolution of procurement analytics.  I am leading the study along with Tom Choi and two of our students, Jaikishen Venkitaraman and Shweta Murthy, working at the SCRC. The […]

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  25. I spent a fascinating day visiting the Materialise 3D Printing headquarters in Leuven, Belgium yesterday. In the process, I and the team learned a great deal about the realities of 3D printing, as well as the myths, many of which the team at Materialise helped to debunk.  Materialise is one of the world leaders in […]

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