SUPPLY CHAIN RESOURCE COOPERATIVE

Category Archives: Internet of Things

  1. Most big banks (MUFG, Citi, Deutschbank, HSBC, JP Morgan, and others) have been forced to re-examine their external supplier relationships in a highly regulated environment.  This is old news.  But emerging technology is now beginning to create new ways to think about sourcing risk, which in the past has been a very manual, encumbered process.  […]

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  2. A meeting of financial supply management executives, faculty, and IACCM thought leaders took place on January 26, 2018 in New York.  A number of different topics were discussed during this session, and the agenda was kept fairly open in discussing how emerging technologies would impact the supply management and contracting space. Clearly, there is a […]

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  3. We had a very successful SCRC meeting this past week, and the speakers provided some fantastic insights to the group on the emerging trends in the digital landscape facing supply chain executives. Todd Greener, Senior Vice President of Supply Chain at Advanced Auto Parts, led off the discussion (after I provided an overview of what […]

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  4. Our upcoming meeting on November 29th, the 36th semi-annual Supply Chain Resource Cooperative meeting, will explore some of the more interesting aspects of how organizations are coping with the availability of greater visibility in the supply chain.  While the benefits of creating a supply chain which is “LIVE, INTERACTIVE, VELOCITY, INTELLIGENT, NETWORKED, and GOOD” has […]

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  5. “If someone asked me to come up with the answer to the world’s problems in an hour, I’d spend the first 55 minutes coming up with the right question.” – Albert Einstein I heard this quote from someone about a week ago, and it got me thinking more carefully about the importance of beginning with […]

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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. Many executives I speak with express reluctance at wanting to invest people, time, and money into projects that have a dubious return on investment.  Supply chain analytics projects, particularly those involving “big data”, “Internet of Things”, and real-time data are all being talked up in the popular press, but most companies are loath to dive […]

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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. 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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  11. On the third day the team visited the Lenovo “Green Data Center”, and learned of how Lenovo is working to create their “converged” network servers that are on the leading edge of being focused on sustainable high speed efficient performance. Lenovo acquired the Data Center Group from IBM and moved the entire organization to RTP […]

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  12. 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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  13. 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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  14. 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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  15. 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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  16. 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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  17. I had the opportunity to hear George Moakley, formerly the Enterprise Architect and Strategic Planner at Intel, who is now one of the founders of the new Intelligence at the Edge for Supply Chain Lab at Arizona State University.  George spoke to a group of executives at the CAPS Roundtable at IBM in RTP a […]

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