SUPPLY CHAIN RESOURCE COOPERATIVE

Category Archives: Supply Chain Strategy

  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. 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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  3. 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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  4. 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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  5. 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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  6. 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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  7. 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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  8. 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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  9. Over the course three days last week, a group of executives from a variety of different companies came together to share ideas and thoughts on the future of supply chain. These discussions were also augmented by planned events to Caterpillar Building Construction Products and Lenovo’s enterprise team. In these visits, executives had an opportunity to […]

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  10. 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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  11. 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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  12.   One major technological development is being able to map genomes for products. A genome is all of a living thing’s genetic material. It is the entire set of hereditary instructions for building, running, and maintaining an organism, and passing life on to the next generation.[1] In most living things, the genome is made of […]

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  13. 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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  14. 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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  15. The concept of supply chain transparency and velocity is based on two essential elements of technology: 1) The rapid digitization of the supply chain, and 2) the rise of real-time information enabled by technology. Digitization allows people in organizations to speed things up – and provides greater visibility to what is going on in an […]

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  16. The focus on corporate sustainability often calls for companies to increase transparency in all aspects of an organization’s operations, and much more so in the supply chain. Apparel and electronics companies that source all of their products from factories in emerging countries are especially targeted for allegedly hiring contractors that push the boundaries of human rights labor laws. […]

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  17. The current environment we find ourselves in is indeed perilous. As the stock market continues to spin up and down in a volatile fashion, brokers and Wall Street types are looking at a dour projection. Growth is projected to be running at an anemic 2-3% or worse, China’s economy is dragging, and the only element […]

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  18. I am excited to announce an academic conference being hosted by Professor Eda Kemahlioglu Ziya and myself on sustainable supply chain management strategies in February.  This is a follow-on session to the first conference of this sort held at Georgia Tech last year.   The goal of the workshop is to host academics who are exploring […]

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  19. With only one week left prior to our upcoming SCRC meeting, students are busily preparing their final posters, putting the finishing touches on their presentations, and getting ready to meet with their project sponsors to deliver their insights and findings.  Many of the projects students in my MBA 541 class have been working on this […]

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  20. As retailers prepare for “Black Friday”, what used to be the “biggest shopping day of the year” (the day after Thanksgiving), expectations are actually rather low.  A reporter on CNN noted that it was a “non-event”, and that even “Cyber Monday” (the Monday after Thanksgiving weekend) is no longer a big deal.  The fact is, […]

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  21. I have been having a number of fascinating interviews with Chief Procurement Officers this past week on the subject of procurement analytics and supply management risk.  This is part of a study I am doing that will result in a white paper later this fall, and will likely be one of our key themes for […]

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  22. I had the opportunity to visit with the American Red Cross in Charlotte, NC yesterday, and held a negotiation workshop with the supply chain directors and managers.  This was at the request of my good friend, Tom Nash, who I have known since 2000, when he was an IT Sourcing executive at Shell Oil in […]

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  23. 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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  24. Joydeep Ganguly from Biogen Idec spoke in my Supply Chain Relationships class last week, and shared his insights on how Biogen’s supply chain evolved.  Since graduating from the NC State Jenkins MBA program in 2006, Joydeep Ganguly has risen through the ranks at Biogen Idec – the world’s oldest independent biotechnology company and the largest […]

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  25. 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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