SUPPLY CHAIN RESOURCE COOPERATIVE

Category Archives: Supply Chain Management

  1. 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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  2. 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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  3. 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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  4. 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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  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. 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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  7. 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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  8. 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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  9. 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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  10. 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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  11. 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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  12. 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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  13. 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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  14. Graham Givens, a  recent graduate from our MBA program started his new role over the summer, and provided some great information and feedback on some of the lessons learned that he is experiencing based on his first month on the job.  This is hot off the press, and provides  good feedback for our faculty, students, […]

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  15. Nowhere are disruptions more prevalent than in Low Cost Countries (LCC’s), which have become the focal point for outsourced contract manufacturing for major apparel brands such as Nike, Under Armour, Gap, Apple, and others. As organizations have expanded their supply chains globally, they have moved to outsourced manufacturing that reduces cost, but which also exposes […]

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  16. 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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  17. 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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  18. In today’s blogpost, Gavin Parnell from Go Supply Chain shares his opinions on how blockchain could impact counterfeiting across the supply chain, and introduces some applications that are being used and explored today. Blockchain is a relatively new technology that shows great promise for use across many industries, including logistics and supply chain. The same […]

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  19. 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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  20. Xeneta just posted their list of the “Top 24 Best Supply Chain Blogs“, which provides some great resources available to readers.  These blogs span a wide variety of topics, and when combined, give you an idea of just how many different topics are comprised in the area of what professionals call “Supply Chain Management”.  Oddly […]

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  21. I have been having a lot of interesting discussions recently with both procurement and legal executives who are increasingly concerned with the state of their contract management processes.  This is occurring for several reasons.  The exposure of many companies to greater risk is heightening the focus on contracts. The need to write better statements of […]

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  22. Over the road (OTR) trucking involves the use of hauling 53’ trailers behind a truck. The American Transportation Research Institute estimates that of the total cost per mile of driving a rig that drives between 80,000 and 125,000 miles per year, the average cost (including drivers wages and benefits) is $1.593 per mile, or which […]

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  23. IBM’s new white paper “Making Blockchain Ready for Business”, in which they conducted a roundtable with a number of executives provides some important clues as to how the technology will unfold in the next few years.   There is increasing evidence that blockchain (or Distributed Ledger Technology) is not a standalone solution, but will emerge […]

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  24. 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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  25. I had the opportunity today to listen to a fantastic presentation to a group of Lenovo executives, while working with their SAIL Executive Development program.  Kirk Skaugen, Executive VP and President of the Data Center Group at Lenovo, spoke to the group on some key lessons that he learned throughout his career, which began at Intel more than […]

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