The expanding scope of procurement analytics: Some initial thoughts
Procurement analytics, which supports decision making in procurement management, typically handles problems and decisions that are related to cost reduction, supplier management, cost modeling, procurement-led innovation, market strategies, supply chain risk, and stakeholder value improvement (Handfield, Jeong, and Choi 2019). […]
UPS Supply Chain Innovation Keynote Presentation at SCRC Meeting this Fall
One of the highlights of our SCRC meeting was the presentation by David Quintilio, Executive Vice President of Sales and Marketing at United Parcel Service. David is a College of Management alum, originally from Asheville, and began working loading trucks […]
Digital Transformation Starts with Solid Data Governance: IBM/NCSU Data Analytics Report Available
We recently completed our 2nd Annual Data Governance, Data Quality and AI Report – 2018. The study points out some important insights for managers who are exploring how to navigate their way through the increasingly complex world of data, which […]
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. […]
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 […]
Supply Chain Predictions for 2018: Real-Time, Innovation, Cognitive, Blockchain, Industry-Academic Partnerships, and Taking a Stand!
I had an opportunity to work on a number of exciting projects this past year, and in the process, spent a lot of time talking about digital supply chains with a lot of really informed people. Here are a few […]
Overcoming the Objections to Being Transparent
In addressing some of the questions, one that came up is the fat that many companies are hesitant to act, because of their inability to construct an effective business case for transparency. “What is the ROI?” is a common complaint. The key to establishing the business case is not on market share, but through the velocity of material and decision-making, taking action in the face of uncertainty, using the most up-to-date information.
The Digital Supply Chain Will Change Everything… Ask Gary Kasparov!
A lot of blogs and writers are discussing the role of machines vs. humans and their relationship, especially in the context of supply chain management. Scenarios are being painted of computers operating in a real-time environment, using blockchain to process […]
The Strength of the Pack is the Wolf… The Strength of the Wolf is the Pack!
In a recent article in Supply Chain Navigator, I spend some time discussing the interesting relationship between the introduction of wolves in Yellowstone Park, and the evolution of digital supply chains. When the wolves were all killed off in 1926 […]
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 […]