Information Flows
You Can’t Buy Digital Transformation “Off the Shelf”…(And Expect Results)
Companies everywhere are setting aside budgets for investment in upgrading their analytics capabilities. Very often, this involves investments in cloud-based computing, data warehouses, artificial intelligence, business intelligence dashboards, and multiple other forms of software and hardware investments. But the truth […]
New MBA Healthcare Analytics Class Takes Off This Fall
Healthcare providers are facing continued lower operating margins, increased risks and potentially once-in-a-lifetime health care reform. With this backdrop, there is an increasing focus on Supply Chain Management as a means to minimize risk, optimize operating costs, improve revenue, improve […]
Relational Contracting Part I: MUFG Experiments with Blockchains
“One of the best meetings ever!” This is a comment I hear a lot at the conclusion of every one of our SCRC meetings the past few years. Either we are getting better and better at bringing in some of […]
Relational Contracts Student Insight: Codifying the Deal is Key!
In Part 2 of our blog series leading up to the SCRC meeting this coming Thursday on “Relational Contracting”, we feature a white paper developed by Tracy Burnett, a second year MBA in our online program. Tracy here discusses some […]
Relational Contracts Student Project: Alternative Means to Settling Contract Disputes
As part of the lead-up to our SCRC meeting this week on Relational Contracting, I am featuring the first of five papers by some of our online MBA students who took my relational contracting class. The first of these by […]
Global Logistics, Q&A with John Camp, Lenovo
Questions and Answers on Global Logistics, with John Camp, Lenovo Big Issues in Global Logistics Rob Handfield (Co-Director of SCRC): Hi, I’m here with John Camp, director of logistic solutions and transformation at Lenovo. John manages a lot of the […]
Target Costing
It is the process of designing a product to meet a specific cost objective. Target costing involves setting the planned selling price, subtracting the desired profit as well as marketing and distribution costs, thus leaving the required manufacturing or target […]
Globalization
See: Currency Conversion, Language
Total Costs
The sum of the variable, fixed and semivariable costs (costs that cannot be classified as variable or fixed ) comprises total costs. As the volume of production increases, total costs increase. However, the cost to produce each unit of product […]
Total Cost of Ownership (TCO)
In supply chain management, the total cost of ownership of the supply delivery system is the sum of all the costs associated with every activity of the supply stream. The main insight that TCO offers to the supply chain manager […]