ERP Systems

Apr 9, 2018  |  Articles

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 of the fiscal year.  During tax season, this is also […]

Jan 26, 2018  |  Director's Blog

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 […]

Oct 31, 2017  |  Director's Blog

Developing an Analytics Strategy Starts with Data Governance and Business Intelligence

An important differentiation between data governance, business intelligence, business analytics cognitive analytics and predictive analytics is needed as a basis for building a digital supply chain strategy.  Every organization needs to define for themselves the differences between these terms, and […]

Aug 29, 2017  |  Director's Blog

Key Skills for Graduating MBA's in Supply Chain: Market Research, Data Cleaning, Analytics, ….and more Data!

Graham Givens, a  recent graduate from our MBA program started his new role over the summer, and provided some great information and feedback on some of the lessons learned that he is experiencing based on his first month on the […]

Feb 14, 2017  |  Director's Blog

Bad Data + Lack of Standards = Lousy Supply Chain Analytics

One of the truths that is often overlooked in the splurge of press and hype around “Analytics” is the need for data integrity.  You can’t have analytics without data that is reliable, timely, validated, and accurate.  In a 2014 Deloitte […]

Feb 12, 2017  |  Director's Blog

Best Practice: Creating a Governance Mechanism for Analytical Learning in Organizations

I recently interviewed a large semiconductor company that developed a cross-enterprise initiative to drive analytical learning across its entire supply chain. The company established a supply chain IT organization that reports up to the CIO. It focuses on leveraging the corporate […]

Nov 5, 2016  |  Director's Blog

Data is the Real Gold At the End of the Rainbow for Contract and Spend Management Systems

Contract management analytics are critical for tracking transactional compliance with contract pricing, terms and conditions, but also as a vehicle for workflow management around negotiation of contract renewals, and aggregation of supplier performance data on service level agreements, delivery, quality, and […]

Mar 15, 2016  |  Director's Blog

Procurement Technology: An Update from Spend Matters in Baltimore

Today I travelled to Baltimore to attend the ISM/Spend matters Global Procurement Tech Summit.  I will be speaking on procurement analytics tomorrow, but got to attend a set of great sessions over the first half of the day. The first speaker […]

Feb 22, 2016  |  Director's Blog

Poor Supply Chain Systems will drag down your asset velocity

Many of the systems that we have designed to deal with financial accountability in the supply chain, are in my opinion not only cumbersome, but in many cases, create more complexity that in the end reduces transaction visibility and flow. This […]

Feb 11, 2016  |  Director's Blog

6 Questions on the Minds of Every Chief Procurement Officer

I spent some time working with IBM this past month on a slide share that covers 6 key questions on the minds of many of the Chief Procurement Officers I’ve spoken to in the last year.  Many of these questions […]