Get Ready for the Electronification of Everything …and More Global Component Shortages!
I had an opportunity to speak with some executives this week that are frequently in Asia, negotiating with suppliers of everything from memory, semiconductors, and multiple other types of electronic components. Anyone who is working in this industry knows that […]
Is the FAR getting in the way of Early Supplier Involvement in defense projects?
Product development within the U.S. defense industry tends to follow a waterfall-phased lifecycle development approach beginning at the concept level and concluding at the subsystem/component level. The concept level design phase is typically summarized in a system concept document. This […]
Excess and Obsolete Inventory: You’re All Responsible for It!
The Supply Chain Resource Cooperative held its first ever “Executive Roundtable on Excess and Obsolete Inventory” on the NC State campus on October 25, 2017. The event was attended by 25 executives from a variety of different industries and backgrounds. […]
Procurement Leaders '17: Supplier enabled innovation is a foundation for procurement's strategic repositioning
I had the opportunity to sit in on a number of sessions at Procurement Leaders American Congress 2017 in Miami this week. Despite the snowstorms that prevented many from making it down, there was a full house at the opening […]
Caterpillar BCP Tour opens up executive eyes to "Big Iron" supply chains
Over the course three days last week, a group of executives from a variety of different companies came together to share ideas and thoughts on the future of supply chain. These discussions were also augmented by planned events to Caterpillar […]
Exploring the Era of Global Transparency in the LIVING Supply Chain
We are at the beginning of a completely different era in the history of global trade: the era of the digitized real-time supply chain. In the 25 years I have been teaching students and conducting research in the field of […]
Outsourcing: The Good, the Bad, and the Ugly – Lessons from Nortel Networks
Jeff Townley, former Chief Procurement Officer at Nortel Networks, provided some fantastic insights in my MBA class this evening. In so doing, he shared some great insights about “Outsourcing: The Good, The Bad, and the Ugly.” The GOOD – “ODM’s […]
Seeing is Believing: Debunking the Myths of 3D Printing at Materialise
I spent a fascinating day visiting the Materialise 3D Printing headquarters in Leuven, Belgium yesterday. In the process, I and the team learned a great deal about the realities of 3D printing, as well as the myths, many of which […]
Supplier Co-Innovation: The Next Source for Economic Growth
We hear the words “innovation” as a source for growth in the economy over and over again. New ideas on how to manage business processes, digital technologies, ways of delivering value to customers, and supply chain linkages are all areas where we […]
Nike Learns to Mass Customize Shoes While Near-Shoring
I had the opportunity to speak with a Nike executive about how the company has moved into the world of mass-customization. Many people have heard about their partnership with Flex to build mass-customized shoes in Mexico, which is a […]