article thumbnail

Inflation is Back Up – Are you Ready?

Herlitz Inventory Management

source: tradingeconomics.com. source: thebalance.com. The law of supply and demand, coupled with other environmental and political factors, have led to two months of inflation that are higher than we have seen in 30 years (see table below). ?. Have we lost the knowledge of how to be profitable during periods of high inflation?

article thumbnail

Seasoned Leadership in Action™! An Interview with Michael Massetti, VP at Gartner!

Supply Chain Game Changer

The biggest career transformation for me was after leaving Dell when I joined Lucent in 2002 and entered supply chain in technology sourcing. We achieved recognition both internally and externally for our sourcing and procurement accomplishments in the spend management area. This was my first foray into the world of supply.

Gartner 74
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Infor’s Acquistion of GT Nexus: If I Had a Magic Wand

Supply Chain Shaman

Founded in 2002 under the name of Agilisys, Infor rebranded in 2004. In the period of 2002-present, the company acquired/aggregated many applications. The largest was the purchase of Lawson in 2011 for 2B$. The goal is deeper analytics to sense and respond across make, source and deliver. Figure 3: Current State.

article thumbnail

Uh-Oh! Insights On How P&G Failed And What This Means For You

Supply Chain Shaman

In 2011, Yannis Skoufalos became the Global Product Supply Officer at Procter & Gamble. Discontinued in 2011. 2011-Divestiture of Pringles to Kellogg for 2.7B$ 2014-Sale of IAMS to Mars for 2.9B$ 2015-Sale of 43 P&G Beauty Brands to Coty for 12.5B$. Yannis transitioned from the role after eight years in 2019.

article thumbnail

Is Offshoring Leading to Increased Numbers of Product Recalls?

NC State SCRC

However, in the rush to source globally from low cost countries, the risk of product quality defects resulting in products recalls has often been overlooked by supply chain managers. With Trump’s call to limit global sourcing imports into the US, the global offshoring model may be at risk for a number of different reasons. 2] CBS News.

article thumbnail

The Dark Side of the Forecast: How to Conquer it

The Supply Chainer Report

In contrast, among many other scientists, the famous psychologists Daniel Kahneman (2002 Nobel Prize in Economic Sciences) and Amos Tversky believes on the Base rate fallacy (and some other psychological theories) which strongly impacts in the individual decision-making of estimating the future. Copyright – Kahneman, D.

article thumbnail

History and Evolution of Supply Chain and Logistics

SCMDOJO

Logistics was first applied and recognised in military operations, its most significant impact is felt through the functions of production, distribution and consumption (Rodrigue and Slack, 2002). Neil Southern, 2011). Neil Southern, 2011). Neil Southern, 2011). Neil Southern, 2011). Neil Southern, 2011).