Can Blockchain become the solution for anti-counterfeiting and chain of custody?
Recent articles in the New York Times and in the International Business Times highlight the emerging role of blockchain as a key enabler of improved integration between parties in the extended global supply chain. For instance, IBM and WalMart are […]
Procurement Must Transition into an R&D Based Organization to Exploit Big Data!
I had the opportunity to spend some time at IBM’s Research Triangle Park facility, (the actual hosting site for the Watson computer) this past week. IBM hosted a roundtable for the Center for Advanced Purchasing Studies, with executives from P&G, […]
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 […]
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 […]
Beyond Collaboration: Supply Chain "Federation"
The idea that large organizations can create a “federated” network, by integrating smaller firms into their network and drive a common purpose is a concept that is emerging as key to global competition. Federation implies common operating procedures, established standards, driving […]
Mapping Product Genomes: The Life Blood of Supply Chains
One major technological development is being able to map genomes for products. A genome is all of a living thing’s genetic material. It is the entire set of hereditary instructions for building, running, and maintaining an organism, and passing […]
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 […]
Is it Time for to Move Away from "World Class Supply Chains"?
An excerpt from our book “The Procurement Value Proposition” got a nice section of CSCMP’s Supply Chain Quarterly edition this week. The book looks at what the future procurement capability will need to be, in light of the massive “game changers” […]
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 […]
Nike partnership with Flex producing innovation coupled with digitization
I spent the last two days meeting with members of the Global Supply Chain and Manufacturing team at Nike, in Beaverton, Oregon. Nike has developed a partnership with NC State’s Supply Chain Resource Cooperative, and we are working together to […]