Category Management

Nov 8, 2024

Scope 3 Emissions Reporting Will Become a Key Responsibility for Supply Managers

Scope 3 is a science-based target initiative that organizations are employing to establish greenhouse gas emissions goals. By addressing GHG emissions, companies can identify opportunities to bolster their bottom line,…

Nov 12, 2024

Are you really employing Category Management effectively?

Procurement categories are a grouping of materials or services that have similar supply and usage characteristics to meet business objectives. Category management is different from the “strategic sourcing process”. The…

Sep 4, 2024

Is “Price Gouging” by Grocery Stores and Food Producers Really Going On?

It’s election season, and the accusations are flying! The price consumers are paying for food is one of the most controversial issues during this election season. Both sides are making…

Jul 14, 2024

Supply Chain Risk is Everyone’s Business

Supply disruption risk has risen as one of the top challenges for supply chain managers. Recent disruptions such as the Texas Polar Vortex that impacted resin markets, the North Carolina…

Nov 2, 2023

Supply Chain Leadership V: Howard Richman

Lessons Learned from a Career in Procurement As part of our weekly Supply Chain Leadership, I interviewed Howard Richman, who I am co-authoring a new book with (“Procurement Confidential”). His…

Apr 30, 2023

Which Industries are Most Affected by Fed Rate Increases?

NC State statistics grad students, Shaoyu Wang and Bryan Bittner collectively worked on a project to analyze the impact of the federal rate hikes on various industrial sectors. I challenged…

Oct 28, 2022

What does”Supplier Relationship Management” really mean?

In a report I worked on in 2013, I conducted interviews conducted with 25 chief procurement officers (CPOs) on one of the most important drivers of value creation and resilience…

Sep 23, 2022

US Air Force Defense Acquisition and Contract Officers Come to NC State

We were proud to host a group of 20 contract officers from a number of different US Air Force bases across the country, including Wright-Patterson (Ohio), Hill (Utah), Pope (NC),…

May 30, 2022

Procurement and supply chain executives are struggling in the current environment of high inflation and missed deliveries.

A new study that the SCRC published with GEP examines the increasing pressure that supply chain executives are getting when it comes to responding to supply chain disruptions. The report…

May 4, 2022

Rising Interest Rates: Maybe It’s Time to Bring Back the Forgotten Art of Price Analysis

Price analysis is a subject that is often overlooked in supply chain education, (although it is certainly a big part of our chapter on Strategic Cost Management in Purchasing and…