Cheniere is driving change, locally and globally
Bill Knittle, Chief Supply Chain Officer, came to speak to our students this week at NC State. Bill is helping Cheniere build up one of the largest LNG exporting facilities in the world. Up until a week ago, Cheniere was […]
The US needs to step up Biobased investment to catch up with the rest of the world
Multiple discussions gleaned from interviews with executives in biobased product categories emphasize that significant barriers exist in two areas: 1) demand for biobased products that is supported by government incentives, and 2) tax benefits associated with supporting increased research across […]
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 […]
What Buyer-Supplier Collaboration Looks Like in Real Life….
I had the privilege of facilitating and witnessing first hand a great example of what a true strategic partnership looks like recently, when a large pharmaceutical brand met with a large global Contract Drug Manufacturing Organization (CDMO) at their site. […]
Predictive analytics in procurement means using whatever data is available
Predictive analytics is still relatively new in procurement, but it’s increasingly important, particularly in organizations that have already been through the cycle of spend analytics, supplier leveraging, segmentation, and consolidation. Prediction requires a deep understanding of the technical and commercial […]
Walgreen’s Acquisition of Amerisource Bergen is based on the need for integration to survive
The news of Walgreen’s potential acquisition of Amerisource Bergen is one of a string of recent announcements that signify efforts by channel players in the massive life sciences market to set up barriers to competition against behemoths by the likes […]
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 […]
Thoughts on Supply Chain Impacts (After Listening to Trump’s State of the Union)
I listened to all one and a half hours of Trump’s State of the Union address last night, and while it was certainly very positive in terms of the economy, it also left me with some unanswered questions about the […]
Sorting out Risk in FinTech Source Chains
Most big banks (MUFG, Citi, Deutschbank, HSBC, JP Morgan, and others) have been forced to re-examine their external supplier relationships in a highly regulated environment. This is old news. But emerging technology is now beginning to create new ways to […]
Emerging technologies impacting contract management in the Financial sector
A meeting of financial supply management executives, faculty, and IACCM thought leaders took place on January 26, 2018 in New York. A number of different topics were discussed during this session, and the agenda was kept fairly open in discussing […]