What does the global trade chess board look like lately ?
Global trade is becoming more and more confusing, given the vast array of different tariffs, trade wars, 301’s, customs duties, and other shifts in global trade. I had the opportunity to speak with a few different industry experts this week, […]
Are US-Chinese Tariffs Part of the New Normal?
Today’s blog post is a guest post by my former student, Krunal Sonpal. The topic is a timely one: the on-going US-Chinese tariffs and what it means for supply chain executives. This is an issue that should cause every supply […]
The emergence of supply chain localization strategies
As more and more organizations struggle to deal with the deployment of digital technologies, many are overlooking some of the fundamentals associated with managing supply chains. Digital technologies are just that – technologies. As I’ve said in previous blogs, there […]
Fake News, Trusting Data, and the President’s Tweets: Around the World with Reuters
As noted in my previous blog, I had the pleasure of attending the Thomson Reuters Government Conference, and sat on a panel with Andy Russell, Lead Director, Department of Defense Programs. Prior to our panel session, a panel of Reuters […]
Relational Contracting Part II: Four Numbers to Be Concerned About in Global Economics
Jason Schenker, a worldwide leader in global economic forecasting, brought a spirit of levity and predictive insights to a subject that is often mired in gloom: economics! Jason, who founded the Futurist Institute, commented on some of the major changes […]
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 […]
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 […]
Getting the Question Right is at the Heart of Supply Chain Analytics
“If someone asked me to come up with the answer to the world’s problems in an hour, I’d spend the first 55 minutes coming up with the right question.” – Albert Einstein I heard this quote from someone about a […]
Procurement Must Contribute to Competitiveness to Become Relevant!
Procurement is always thinking about cost savings, year over year. But is this really a true measure of competitiveness? So procurement will have a budgeted amount for, say 4.5 cents per unit for a product, when the current price is […]
MBA and Engineering Supply Chain Student Teams Kick Off this Week: Risk, Analytics, and Block Chain on the Agenda!
Fall semester at the Poole College of Management kicked off this week, and a new group of MBA and engineering students walked into our hallowed halls. In my MBA 541 class on supply chain relationships, I spent some time introducing […]