SUPPLY CHAIN RESOURCE COOPERATIVE

Category Archives: Supply Chain Economics

  1. Procurement is always thinking about cost savings, year over year.  But is this really a true measure of competitiveness? So procurement will have a budgeted amount for, say 4.5 cents per unit for a product, when the current price is 4 cents.  They are able to hammer the supplier and get them down to 4.2 […]

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  2. In industries that are going through a lot of Capital Expenditure investments, including construction of pipelines, LNG facilities, and mining operations, the role of procurement on the success of the organization is somewhat different.  The supply chain function impacts a company’s financial performance through improved operations in several areas of the business. Here are some […]

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  3. In my earlier book with Gerard Chick on “The Procurement Value Proposition“, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key.  Many procurement assessments developed by consultants seek to provide an answer to the question “how far along are you relative to your peers […]

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  4. In a recent article in Supply Chain Navigator, I spend some time discussing the interesting relationship between the introduction of wolves in Yellowstone Park, and the evolution of digital supply chains. When the wolves were all killed off in 1926 due to over-hunting, the elk population erupted, and the larger herds took a heavy toll […]

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  5. 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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  6. Based on the deluge of news coming from the press on Trump, Russia, China, trade talks, tax reform, healthcare reform, and a multitude of topics, it’s enough to make your head spin.  This is particularly the case if you are working in the supply chain. In our upcoming meeting next week, we are bringing together a […]

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  7. 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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  8. 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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  9. 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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  10. 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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  11. OK, so Trump won, Clinton lost.  Get over it, it’s a done deal.  Time to move on, and figure out what this means in terms of how the global economy will be impacted, and in particular, how the supply chain will be impacted.  In general, it’s fair to say that things won’t be as bad […]

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  12. On election night last week, I was stationed in Calgary Alberta, watching the results unfold in Mountain Time, and wondering what was going on in the country I’ve adopted as home.  You see, I’m a native Calgarian, and was visiting my home town to share insights with a group of supply chain executives at the […]

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  13. I really enjoyed hearing Professor Mike Walden from NC State speak at the NC Museum of Art this morning.  Mike gave a really nice talk on the fundamentals of economics, as well as some interesting observations about the impact of the presidential elections and the condition of the local economy as well.  Here is a […]

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  14. 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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  15. The recent bankruptcy announcement of Hanjin, a major shipping line, on the Friday before the last Labor Day long weekend, was a shock to everyone working in the global logistics shipping industry.   However, the announcement should not have come as a surprise, as the ocean cargo market has been suffering for some time by […]

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  16. We hear the words “innovation” as a source for growth in the economy over and over again.   New ideas on how to manage business processes, digital technologies, ways of delivering value to customers, and supply chain linkages are all areas where we are likely to see new forms of innovation occurring.  But what will be the true […]

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  17. Globalization and supply chains have been tied at the hip over the course of history. Supply chains naturally take advantage of efficiency and cost advantages and over the centuries, as transportation methods, technology and global knowledge improved, there has been a drive to take advantage of each and every step. Trade between countries and continents […]

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  18. The vote by the British population to leave the European Union (“Brexit”) was greeted with massive volatility by financial markets worldwide. It also raised a number of concerns regarding the stability of the overall disposition of populations to the growth of globalization and linked economics between countries all over the world. According to a USA […]

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  19. Today’s guest blog is posted by Timothy Barnes, who I met through the SCRC.  Tim is a global supply chain executive originally from Australia, who has been studying the evolution of the Trans Pacific Partnership closely, and is writing a book on the subject.  He has put together some great advice here about how the […]

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  20. In the new book “Connectography: Mapping the Future of Global Civilization, author Parag Khanna discusses the concept of the “new supply chain wars”. In this book the author discusses how multinationals have become deeply connected and exposed to the emerging markets that have become their main competitors.   But as countries like China become wealthier and […]

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  21. Unlocking growth in the biobased products sector is tied to the ability to unlock access to inexpensive sugar, derived from corn farming. The second element has to do with production credits. This has begun to emerge at the state level, particularly in the state of Minnesota which is leading the way. Early credits offset the […]

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  22. We kicked off the 33rd SemiAnnual SCRC Partner Meeting today, with a room full of people from various segments of government, industry, and academic attending.  We kicked off the session with a round of introductions, and an overview of the SCRC recent accomplishments achieved this past year.  A summary of these is shown below.  What […]

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  23. When Coca Cola set about thinking about how to drive sustainability into their supply chain, they recognized from the outset that the entire end to end life cycle of a bottle of Coke needed to be considered. Most people don’t think about this relationships – but the fact is that recycling and renewable feedstock go […]

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  24. 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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  25. An excerpt from our book “The Procurement Value Proposition” got a nice section of CSCMP’s Supply Chain Quarterly edition this week.  The book looks at what the future procurement capability will need to be, in light of the massive “game changers” of globalization, technology, cultural diversity, demographic issues, and sustainable pressure that is changing the entire […]

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