SUPPLY CHAIN RESOURCE COOPERATIVE

Category Archives: Supply Market Intelligence

  1. 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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  2. 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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  3. 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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  4. On the third day the team visited the Lenovo “Green Data Center”, and learned of how Lenovo is working to create their “converged” network servers that are on the leading edge of being focused on sustainable high speed efficient performance. Lenovo acquired the Data Center Group from IBM and moved the entire organization to RTP […]

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  5.   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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  6. I had an opportunity to go on a “Google Hangout” with Alex Zhong from IBM yesterday.  We recorded the hangout discussion, and it gave me an opportunity to share some of my thoughts on how procurement needs to really step up and change.  You see the video here. A lot of the discussion was focused on […]

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  7. I had a chance to review the new book by Jim Hansen and Kelly Barner, “Procurement at a Crossroads“, which explores the many changes that the profession is facing, and challenges individuals to do things differently.  (I blushed a bit at the number of my  citations in the book including an interview I did with […]

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  8. 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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  9. I spent the last two days meeting with members of the Global Supply Chain and Manufacturing team at Nike, in Beaverton, Oregon.  Nike has developed a partnership with NC State’s Supply Chain Resource Cooperative, and we are working together to explore new approaches to creating a sustainable supply chain. The visit comes on the heels […]

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  10. Every fall, Betty Minton and Bill Collins (my trusted and capable student project advisors) and I play a game of musical chairs.  The challenge involves matching a group of bright, eager, and hungry young MBA and engineering students to a group of projects identified by a group of companies, through the now well-established Supply Chain Resource […]

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  11. A recent review by Peter Smith of my new book, “The Procurement Value Proposition”, co-authored with Gerard Chick, provides some solid support for the message Gerard and I were seeking to develop.  Peter Smith is a writer for the organization Spend Matters, which has spawned a UK division as well.  In his review, Peter calls […]

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  12. We are in the last stages of planning for our upcoming 31st Semi-Annual Supply Chain Resource Cooperative (SCRC) Meeting  on Monday and Tuesday, April 27-28, 2015 at North Carolina State University. The theme of the general meeting will focus on a topic of great interest to supply chain professionals at every level of the organization: “Creating a Supply […]

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  13. Recent articles, posts, and future trends studies are all awash with excitement about the Internet of Things.  For instance, Mike Morley writes on the Material Handling and Logistics site that the Internet of Things will change everything: “Billions of connected devices associated with global supply chains will transform the amount of information that can track shipments […]

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  14. There has been a huge amount of economic data pouring out in the last two weeks, all the while in the face of news of increasing violence in the Ukraine, Jordan, and the Middle East. Domestically, we seem to be in a situation negative total inflation – the Fed will be on hold until December delaying […]

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  15. As organizations go about building supplier relationships using segmentation approaches, several of the companies I’ve met with are also thinking about how to structure such relationships when their supplier also happens to be an organization that is a major customer.  While the dreaded “reciprocity” issue must be avoided at all costs, the fact is that […]

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  16. Gerard Chick and I are working on a new book, that is effectively questioning whether procurement, as we know it, is on the right track, and if not, what it will take to get it back on track.  There is certainly a lot of work to be done, and this exciting project that we’ve been […]

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  17. We had some great insights from two speakers on our final day of the SCRC Meeting.  Our first speaker was Lowell Hoffman, who spoke about some of the lessons learned he’s experienced working for 25 years in procurement as a CPO at National Can, Kraft, and Colgate-Palmolive, and 18 years of professional consulting.  Lowell emphasized […]

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  18. I had the privilege of leading a session at the Winter Symposium of the International Institute of Analytics, with a host of great companies discussing how companies are embedding hardware into products and trying to drive improved supply chain performance in their products.  The topics ranged on a variety of areas, but focused on several […]

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  19. 2013 has certainly been an interesting year!   I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year.  I also worked with a team of leading thinkers in developing the Future of Procurement Report […]

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  20. Jason Schenker from Prestige Economics provided some insights into where we are headed in the global economy at the SCRC meeting today. In his words, “the US economy is getting rich slowly.”    Prestige Economics measure for global growth is 3.4%, and the US is getting richer at 1.7 and 2.4% growth next year.  China […]

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  21. I recently completed a study of 25 CPO’s, each providing their view of what procurement will look like in 2025.  You can download the full report at this link. Procurement has a history that is linked in the core concepts of centralization, volume leveraging, and cost reduction.  The earliest traces of this can be linked […]

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  22. This past week, I hosted a meeting with a small group of oil and gas procurement executives  in Houston to share thoughts on some of the major trends occurring in oil and gas, changes to the global oil and gas organization structure, as well as the impacts on procurement capability in the emerging ecosystem. As […]

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  23. Steve Baggott, the leader of Procter and Gamble’s Connect+Develop open innovation program spoke at Procurement Leaders this morning, and shared the importance of changing views of working with suppliers. Steve emphasized that it is about connectedness – identifying ecosystems outside the enterprise with whom you can connect to accelerate.  This might include retirees from P&G […]

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  24. I am on the road this week, acting as Chair (e.g. “master of ceremonies”) for the Procurement Leaders Forum in the heart of Boston at Sixty State Street.  There were hundreds of brilliant individuals in the room and in the space of two minutes, I had run into two fellow Wolfpackers:  the Chief Procurement Officer […]

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  25. A recent interview I conducted with a former Chief Procurement Officer who has worked for over 25 years in procurement in various industries captures what I believe is the true opportunity that exists for supply management executives. “The space occupied by procurement is not well understood by the CEO or the CFO in most companies, […]

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