SUPPLY CHAIN RESOURCE COOPERATIVE

Category Archives: Supply Chain Management

  1. The news of Walgreen’s potential acquisition of Amerisource Bergen is one of a string of recent announcements that signify efforts by channel players in the massive life sciences market to set up barriers to competition against behemoths by the likes of Amazon, (in my opinion).  This is similar to the recent acquisition of Aetna by […]

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  2. Product development within the U.S. defense industry tends to follow a waterfall-phased lifecycle development approach beginning at the concept level and concluding at the subsystem/component level. The concept level design phase is typically summarized in a system concept document. This phase is followed by system level development, resulting in system performance requirements and description documents. […]

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  3. I listened to all one and a half hours of Trump’s State of the Union address last night, and while it was certainly very positive in terms of the economy, it also left me with some unanswered questions about the relationship of the different policy and funding initiatives he proposed for the next few years.  […]

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  4. 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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  5. I had a great opportunity to meet with CEO Pete Suerken from Resin Technologies Inc. (RTi), yesterday, and share thoughts on how should-cost models are being actively used to drive improved visibility into the true costs of resin, paper packaging, and related products.  RTi, based out of Forth Worth, TX, is working with NC State’s Supply […]

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  6. In a prior post on 2018 supply chain predictions, I shared how NC State’s Poole College of Management engages directly with industry through student-led projects.  I also predicted how this type of engagement would continue to grow in the future, as organizations begin to recognize the value of having an objective, third party view on […]

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  7. Unemployment levels are at an all time low.  Economists are trumpeting about the economy, and how great this is for everyone.  Employers added 228,000 jobs in November, while the unemployment rate remained at a 17-year low of 4.1%, the government reported in December. The report also showed that on average weekly paychecks increased by 3.1% over the last 12-months, […]

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  8. I had an opportunity to work on a number of exciting projects this past year, and in the process, spent a lot of time talking about digital supply chains with a lot of really informed people.  Here are a few of the big stories that I wrote about this past year that I believe define […]

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  9. Research by NC State Poole College Professor Robert Handfield, director of the Supply Chain Resource Cooperative based Poole College, and Yung-Yun Huang, a recent graduate of North Carolina State University’s interdisciplinary doctoral program in operations research, supplied two of the 37 data inputs used in the Wall Street Journal’s inaugural “Management Top 250” ranking of […]

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  10. I recently had a chance to interview a supply chain director from  a mid-sized hospital in New York state, that was very insightful in helping me to think about the challenge around inventory management.  The supply chain officer described the approach that was needed to think about standardization, but also about a concept called “UTILIZATION”, […]

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  11. Today’s guest blog is from John Stuart of the International Logistics Center.  He shares some interesting information about freight forwarding, that anyone in logistics should be aware of. Freight forwarding is one of the most widely used methods of international transport for both business and personal use. Freight forwarding companies, like the International Logistics Centre, […]

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  12. In our second SCRC presentation, a team from DHL Supply Chain spoke about how digital issues are changing their business. DHL is a global business that manages 3.6M tons of airfreight, but also operates as Deutsche Post in Germany.  It is more than 450,000 employees in 220 countries, with revenues ofEuro  57.3M in Germany, and […]

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  13. Our prior post discussed the benefits and challenges of visibility in logistics.  But WAIT!  There’s more to it than just benefits. Carriers and shippers should also proceed carefully as they move into the era of visibility, and start asking the following questions: What are the legal implications of tracking and visibility, and how will it […]

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  14. At a recent CSCMP meeting, I attended a session of transportation providers called “Supply Chain Visibility and the Possible Legal Implications” – and the participants shared some insights into their serious concerns about the implications of visibility in the transport world. In transportation, people want to be able to see the loads on trucks, but […]

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  15. 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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  16. The Supply Chain Resource Cooperative held its first ever “Executive Roundtable on Excess and Obsolete Inventory” on the NC State campus on October 25, 2017.  The event was attended by 25 executives from a variety of different industries and backgrounds.  Inventory Management Partners sponsored the event, and helped to bring together the format and content […]

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  17. “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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  18. I had an opportunity to speak to a group of executives at Ohio State University ‘s Center for Operational Excellence, at the Fisher College of Management, on the subject of transparency and the cultural changes implicit in moving to a digital ecosystem. In addressing some of the questions, one that came up is the fat […]

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  19. A core element in the LIVING supply chain is the concept around the “Anti-Control Tower”, of what has been called a “data democracy”.  An important shift in human behavior is required to adopt to a world where individuals at a user level are given the authority to make decisions independently, while acting collaboratively in a […]

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  20. I always tell people what I did 50 years ago (as a forgerer) is now 4,000 times easier to do today.  Technology breeds crime and it always has and it always will. There’s always going to be people willing to use technology in a negative, self-serving way.  So today it’s much easier, whether it’s forging […]

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  21. I had the opportunity to listen to Missy Cummings, a Professor in the Pratt School of Engineering at Duke University.  Missy shared some insights on automation in the logistics sector, at a conference that was awash with discussions on block chain, digitization, and new technology in logistics. Missy noted that “I was one of the […]

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  22. 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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  23. RACI Charts have been around for years, yet are often discounted.  RACI stands for Responsible, Accountable, Consulted, and Informed – which refers to the relative governance structure that exists in an organizational relationship.  Although RACI “charts” are often viewed as irrelevant and bureaucratic, they can provide an important clue regarding the “decision-rights” for procurement and […]

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  24. 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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  25. Hurricane Harvey hit the Gulf Coast and Houston with driving rains that left many businesses struggling with flooding, with little advance warning.  Entire warehouses full of products, as well as significant links in the global supply chain could be affected, as well as transport and other nodes. This raises the issue of supply chain risk […]

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