Thinking About a Recovery…Building Flexibility Into Your Supply Chain in 2021
In the thick of a crisis, it is difficult for many executives to think about a recovery. However, we all need to think about preparedness for emergencies, and ensuring a rapid recovery from whatever crisis comes into our path. Recoveries […]
Five Supply Chain Trends to Watch out for in 2021
Mark Perera, CEO of Vizibl, recently shared his 2021 predictions on key procurement and supply chain trends with Supply Chain Digital. He predicted this year we would see: a demand for organizations to team up with suppliers to improve the […]
Nike’s Bold Shift to eCommerce Paying Off (but Not for Retailers)
While Nike is dramatically lessening its store locations, it is prevailing through the practice of digitalization and online strategies. This shift to electronic sales is inexorable and now integrated into the company’s very infrastructure. Today, Nike Digital makes up a […]
COVID-19 Highlights the Importance of Agility for Supply Chains
This article was originally posted on April 6, 2020, on NC State News. Editor’s Note: This is a guest post by Tim Kraft, assistant professor of operations and supply chain management in NC State’s Poole College of Management. The recent COVID-19 crisis has […]
Perspectives on the Global Trade Environment: A Panel Discussion
On December 5, 2019, we held a panel discussion that focused on different perspectives related to global trade. As the global environment is shifting based on political debates, EU/British negotiations, tariffs driven by the Trump administration, as well as the […]
Pierre Mitchell of Spend Matters: Delivering Value in the Face of VUCA
Variability, Uncertainty, Complexity, and Ambiguity (VUCA) – these are the conditions of the “new normal” set of operating conditions faced by most firms today in their value chains. When one layers on top of this the challenges of navigating one’s […]
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 […]
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 […]
Sales Can Use RACI Charts to Understand Procurement… and vice versa!
RACI Charts have been around for years, yet are often discounted. RACI stands for Responsible, Accountable, Consulted, and Informed – which refers to the relative governance structure that exists in an organizational relationship. Although RACI “charts” are often viewed as […]
The Supply Chain Team's Impact on Capital Projects
In industries that are going through a lot of Capital Expenditure investments, including construction of pipelines, LNG facilities, and mining operations, the role of procurement on the success of the organization is somewhat different. The supply chain function impacts a […]