SUPPLY CHAIN RESOURCE COOPERATIVE

Category Archives: Strategic Cost Management

  1. This week, my former student Vel Dhinagaravel, and founder/CEO of supply market intelligence company Beroe, came to my class to speak.  Listening to him reminded me of the fun we had starting up the first ever company to produce supply market intelligence focused on the procurement space.  Today, Beroe is the most successful procurement intelligence […]

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  2. I had an opportunity to watch some hilarious sourcing videos recently that I discovered on a sourcing blog by Citro Strategy. The three scenarios depict the actions of “hardball negotiating” procurement approaches, that are  translated into  negotiation scenarios that  individuals in the consumer sector would never dream about using!  (Actually, I’m sure that anyone who has worked […]

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  3. Great news this week for NC State as SCM World announced its top 25 supply chain management programs globally.  The NC State Supply Chain program was listed as one of the top 25 programs in the world, which says a lot about the dedication and work of our faculty and students over the past few years. […]

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  4. Jeff Townley, former Chief Procurement Officer at Nortel Networks, provided some fantastic insights in my MBA class this evening.  In so doing, he shared some great insights about “Outsourcing:  The Good, The Bad, and the Ugly.” The GOOD – “ODM’s were a wonderful way to outsource, and we had a great experience with them, as […]

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  5. Automotive news seems to be coming up a lot lately.  A story in the Wall Street Journal revealed that Bo Andersson, the current CEO of Russia’s largest car maker AvtoVAZ, plans to step down. The Renault-Nissan Alliance is the majority owner of the firm.  According to the story, Mr. Andersson joined Renault in 2013 after he helped turn […]

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  6. Jason Busch provided a great view on Block Chains, and their impact on the future of funds in the supply chain, at the Global Procurement Tech Summit in Baltimore. Jason started out by discussing the fact that a company ledger is just a source of truth. Because we are having more and morecomplexity in our […]

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  7. I recently participated in a workshop of oil and gas leaders in Calgary Alberta. With the announcement of $30/bbl oil, the long-term view of the oil and gas industry is that it is going to be a long time before oil goes back up to prior levels of $50/bbl plus, and may never reach the […]

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  8. The December 2015 SCRC meeting was held this week in the brand spanking new Talley Student Center, and was a resounding success.  We had over 200 people attend the student poster sessions on Monday, and almost 130 executives, students, and faculty attending the fantastic sessions on Tuesday. After highlighting some of the results from the […]

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  9. I will be leading a webinar with the Sourcing Interest Group next Nov. 12 at 2 PM, based on a study I have been working on with some folks at IBM.  The webinar will also include Howard Richman, a colleague I have known for many years, first at Merck, and now working at Citrix as […]

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  10. I had the opportunity to speak to a group of oil and gas executives at the DHL Global Energy conference this week, held in the Petroleum Club.  I was joined by one of my former NC State students, Scott Frahm, who sat in on a few of the presentations.  The conference was a great opportunity […]

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  11. I visited Calgary, Alberta this week, and found it to be an odd environment indeed! Oil has leveled off at $60/bbl, major companies have all gone through major budget cuts, have cut headcount and released hundreds of supply chain managers and others to reduce payroll. At the same time, a drive through the streets of Calgary is held up […]

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  12. One of my recent students from last year, Gaurav Chhabra, just graduated this semester, and landed a job in Apple’s supply chain organization.  I had a chance to catch up with Guarav today, and we chatted briefly about his experience in the Jenkins MBA program, the role of the Supply Chain Resource Cooperative in helping to shape […]

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  13. I had the opportunity to host a good colleague of mine  in my supply chain relationships class this week.  We worked together years ago to help define the a baseline framework for strategic sourcing and category management that was deployed within the  a large oil and gas company’s lubricants group, and which later became deployed across […]

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  14. Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance.  The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors.  Rather then selecting a plethora of meaningless metrics, it is always better to focus on […]

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  15. A recent post by my colleage Kate Vitasek (author of the “Vest Outsourcing” model) in Forbes magazine argues that procurement is taking too aggressive a stance in negotiations with major logistics providers.  She uses the example of a company who decided to use a reverse auction to award business for a logistics contract worth hundreds of […]

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  16. Last year around this time I made a lot of predictions about what 2014 would hold in store…Let’s revisit some of these, and see what has happened (or what hasn’t!)  Here are my predictions from 2014, and an update on what I think will happen in these areas.  Most of them really haven’t panned out […]

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  17. The leading IT magazine, CIO Review,  today published a special issue on supply chain transformation, and included an article I wrote on spend management as a core capability. Rather than striving for “perfect data” in all supply chain systems, my research suggests that primary efforts should be focused on the most fundamental yet most critical form […]

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  18. NC State kicked off classes last week, and as usual our incoming group of MBA students were lined up with projects as part of their entry class into supply chain management, MBA 541.  I have been teaching this class, called Supply Chain Relationships, for the last 15 years at NC State. This class develops major […]

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  19. A recent article in the Wall Street Journal points to the increasing pressure being felt by financial services, as well as insurance companies. The article goes on to point out that the biggest Wall Street banks have slashed tens of thousands of jobs and pruned all manner of expenses since the financial crisis. But expanding […]

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  20. In today’s environment, hospitals continue to outsource their sourcing capabilities to a national or regional group of Group Purchasing Organizations (GPO’s), who claim to obtain leveraged savings for groups of large commodities.  To truly become more strategic, however, healthcare providers need to adopt a strategic intent to insist on visibility and cleanliness of all data, […]

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  21. We had another great set of student projects during our Spring SCRC student poster session.  Students presented a total of 26 projects, including both practicum projects from our undergraduates, our MBA, and the new Local Food Systems Class. A big part of the event involved the bi-annual student poster competition.  Executives voted on the best […]

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  22. We had a great turnout with over 120 executives at our SCRC meeting today at the downtown Marriott in Raleigh.  The theme, Supplier-Led Innvoation, featured a number of excellent speakers and insights. After I did a kick-off discussion emphasizing the importance of trust, integrity, and leadership in driving innovation, Dan Kettler from John Deere followed […]

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  23. Our SCRC team sent out invitations to our next SCRC meeting on April 23 and 24, which will focus on a theme that is often discussed in the press, but which many people have yet to really define effectively: “Managing Relationships to Drive Supplier-Led Innovation.” The concept of measuring and structuring supplier relationships to drive […]

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  24. I had a remarkable interview with a medium sized supplier today, that has truly found a business model which I believe holds a promise for a new industrial revolution in North America.  The approach is built on one of America’s most important capabilities that makes it stand out globally:  the ability to generate ideas and […]

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  25. I was fortunately enough to have a fascinating discussion with Steve Zimmer, who currently leads a team at US Car.  For those who may have been around for a few years, Steve was the architect of the Extended Enterprise concept pioneered by Chrysler during the years of 1989-1998.  The origins of the Extended Enterprise went […]

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