SUPPLY CHAIN RESOURCE COOPERATIVE

Category Archives: Working Capital Management

  1. In my new book “The Living Supply Chain” co-written with Tom Linton, we reflect on the new capabilities required to be able to work with the evolving imperative of real-time data.  Two key concepts reflect the core elements of real-time supply chains. Velocity is the ability of an organization to flow working capital rapidly from […]

    [No comments]

  2. 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 […]

    [1 comment]

  3. Proponents of integrated supply management propose that successful Contract Management (both pre and post award) requires a collaboration between the business functions (Engineering, Operations, Maintenance) that have the need (demand, specifications & service levels) that require contracting with third party services. The procurement function (contracting supply chain) typically provides the market & commercial expertise for creating […]

    [1 comment]

  4. 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 […]

    [No comments]

  5. 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 […]

    [No comments]

  6. 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, […]

    [1 comment]

  7. I spent some time this week with a group of procurement executives from Restaurant Supply Chain Solutions, a company that conducts all of the procurement and supply chain activity for YUM! brands (including Pizza Hut, KFC, Taco Bell, as well as A&W). This organization was created a number of years ago, in response to a […]

    [1 comment]

  8. I participated in the Diversity Alliance 4 Science event last week held in Newark, NJ.  For those of you who don’t know, this is a fantastic event held by most of the major life sciences companies, to encourage networking and open collaboration with a host of small, minority-owned, women-owned, and veteran-owned businesses.  Life Science companies […]

    [No comments]

  9. A senior executive from a large global manufacturer came to speak in my MBA class this week, and discussed the major shifts in global business that was occurring due to the emergence of omni-channel capabilities in the supply chain.  His insights and presence were most appreciated by everyone, especially given the snowfall we were experiencing […]

    [2 comments]

  10. I was able to listen to Christopher Nassetta, the CEO of HIlton Worldwide, speak to his team of global supply managers in MacLean Virginia this morning. Chris spoke about a number of important themes at HIlton, which related directly to the role of supply management in running a major hotel chain.  He emphasized that “The […]

    [No comments]

  11. The 30th SCRC meeting kicked off today with a theme on “Transportation Strategy in an Infrastructure Constrained Environment”.  This is a theme that was discussed a year ago at a conference in DC on Transportation Infrastructure, over coffee with William Lucas from Caterpillar.  We talked about focusing on transportation as an issue that needs to […]

    [No comments]

  12. Supply management research has established the axiom that firms are no longer operating independently, but indeed are part of an extended global network that is subject to high degrees of volatility, increasing customer expectations, and is subject to major forms of disruption risk. However, what is not well understood is whether supply manager behaviors have […]

    [No comments]

  13. A recent article in the Wall Street Journal points to the increasing pressure being felt by financial services, as well as insurance companies. The article goes on to point out that the biggest Wall Street banks have slashed tens of thousands of jobs and pruned all manner of expenses since the financial crisis. But expanding […]

    [No comments]

  14. I recently had the opportunity to interview a group of individuals who work for a large life sciences company in their facilities management group.  Like many such groups, Facilities are often involved in the typical activities of maintenance and upkeep of construction services, including replacement of chillers, air handlers, carpet, furniture, etc.  But the facilities […]

    [4 comments]