SCM Supply Chain Management Definitions & Terms

Jul 16, 2018

Pharmaceutical offshoring makes recalls more costly with more quality headaches

I spent some time working on a study of how offshoring impacts quality issues, specifically product recalls, with a number of researchers at the University of Palermo, led by Manfredi… 

Jun 21, 2018

The Risks and Benefits of Socializing with Suppliers

I had a chance to meet with a group of supply chain executives at the University of Calgary this week, which included a discussion by Ken Rawson.  Ken has over… 

May 29, 2018

The Lowly Wooden Pallet is a Critical Conveyance in the Supply Chain

In a recent interview, discussions with Patrick Atagi, VP for Advocacy & External Affairs at the National Wooden Pallet and Contain Association (NWPCA)  helped to educate me on just how… 

May 17, 2018

Master Data System Enables Quick Wins Through Component Standardization

Having a robust master part and master supplier list can yield many low hanging fruit for organizations in the early stages of their procurement transformation.  Many of these opportunities can… 

Apr 28, 2018

SCRC Executive Panel Discussion: “Relational Contracting in an Uncertain Ecosystem”

A panel of industry practitioners offered their views on how market trends and technologies are impacting contract management and relational contracting at the latest SCRC meeting on April 19.  Thank… 

Apr 21, 2018

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… 

Apr 16, 2018

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… 

Apr 15, 2018

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… 

Apr 9, 2018

Excess and Obsolete Inventory: An Outcome of a Series of Unfortunate Events!

Inventory continues to be a problem for many companies.   In particular, inventory that is considered “Excess and Obsolete” often accumulates and has to be dealt with – often at the end… 

Jan 19, 2018

Logistics Management (Definition) – What is Logistics Management?

What is Logistics Management? Logistics management is the process of strategically managing the procurement, movement and storage of materials, parts and finished inventory (and the related information flows) through the…