Analytics

May 8, 2019  |  Articles

Is Blockchain Living up to Its Promise? Thoughts on How Companies Need to Begin Exploring Blockchain

A recent Gartner survey predicted that by 2023, 90% of blockchain-based supply chain initiatives will slow down.  These results may sound like the thud of falling bricks in terms of the expectations and hype that has been surrounding blockchain in […]

Feb 23, 2019  |  Director's Blog

KraftHeinz Procurement Bends to 3G Capital’s Policies: How’s it Working Out for You?

Several stories came out this week, related to KraftHeinz’s share price, its procurement department, and the fate of its parent company, 3G Capital. First, Fortune reported that the stock price of Kraft Heinz plunged 20% late Thursday after the food giant disclosed […]

Feb 17, 2019  |  Director's Blog

Hospitals Suffer from a Lack of Market Transparency: New Evidence from a Research Project with SCWorx

Healthcare in the United States of America is a USD $3.2 Trillion industry, yet is often described by experts as a “cottage industry” due to the lack of maturity surrounding its contract management and supply chain practices.   Research suggests that […]

Jan 31, 2019  |  Director's Blog

IBM Watson Intelligent Supply Chain Workshop Brings Executives Together to Share Thoughts on Deployment

On January 29th, the NC State Supply Chain Resource Cooperative held a one-day workshop, bringing together executives representing a number of industries, including Lenovo, UPS, Duke Energy, Toshiba, Caterpillar, YUM Brands, American Red Cross, MetLife, and IBM, to compare notes […]

Dec 30, 2018  |  Articles

Siemens BT: Every analytical transformation requires a “Jonah Hill”

One of our newest SCRC partners, Siemens Building Technologies, recently shared their insights on creating an analytics strategy.  This effort was led by the Chief Procurement Officer for Siemens BT, Carl Oberland, but has recently been rolled out across the […]

Dec 19, 2018  |  Articles

Using DRG Analytics to Drive TCO: The Holy Grail in Healthcare Analytics

Hospitals are bleeding money.  After a period in the 1980’s where the AMA was dictating prices they could charge, Medicare regulation, Part B, and introduction of bundled payments has now severely restricted the payments coming in to cover operations.  The […]

Dec 17, 2018  |  Articles

UPS Supply Chain Innovation Keynote Presentation at SCRC Meeting this Fall

One of the highlights of our SCRC meeting was the presentation by David Quintilio, Executive Vice President of Sales and Marketing at United Parcel Service.  David is a College of Management alum, originally from Asheville, and began working loading trucks […]

Dec 3, 2018  |  Articles

WSJ MANAGEMENT Top 250 List: SCRC’s Role as an Index Provider

Today’s WSJ featured the list of the top 250 companies, a landmark ranking that uses the principles of the management guru, Peter Drucker to identify the most effectively managed companies.  The list is a function of 37 different indices, that […]

Nov 30, 2018  |  Articles

Digital Transformation Starts with Solid Data Governance: IBM/NCSU Data Analytics Report Available

We recently completed our 2nd Annual Data Governance, Data Quality and AI Report – 2018.  The study points out some important insights for managers who are exploring how to navigate their way through the increasingly complex world of data, which […]

Nov 17, 2018  |  Director's Blog

SCRC Meeting: Practical Approaches in Creating Analytics (from People Who Have Actually Done it, Not Just Talked About it)

Our upcoming SCRC meeting is focused on how organizations are undertaking practical approaches to creating business analytics.  As many companies are in the throes of launching business pilots and Proof of Concept approaches with their analytics efforts, using a variety […]