article thumbnail

The expanding scope of procurement analytics: Some initial thoughts

NC State SCRC

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).

article thumbnail

Is Covid-19 the Death of Global Supply Chains?

Supply Chain Game Changer

Managing a global supply chain in the current global business environment is a Tom Cruise-esk, Missions Impossible, kind of task. Many supply chain, sourcing & procurement teams have been asked to row upstream without a paddle during this time of crisis. Will COVID19 create more Local Supply Chains?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Biogen Idec designs the innovation supply chain

Supply Chain View from the Field

Since graduating from the NC State Jenkins MBA program in 2006, Joydeep Ganguly has risen through the ranks at Biogen Idec – the world’s oldest independent biotechnology company and the largest biotech employer in North Carolina. We built our muscle on supplier management and business cooperation, contract negotiation and sourcing.

article thumbnail

Behind the Numbers of the SCRC Supply Management Index

NC State SCRC

Supply Market Intelligence (SMI) is the mechanism by which organizations make as complete analysis as possible of a current or targeted supply base, including adoption of supplier-specific and market risks (Handfield, 2006). As one manager noted, “Supply market intelligence may be the only competitive advantage of the future!”.

article thumbnail

Q&A with Sidney Johnson: Veteran Supply Chain Practitioner and Resilinc Advisory Board Member

Resilinc

Sidney has over three decades of global direct and indirect procurement and supplier management experience. As Head of Procurement at Harman International to VP of Global Supply Chain Management at Aptiv, we learned about this supply chain thought leader’s extensive experience in the world of supply chain and procurement.

article thumbnail

Supply Chain Matters Editorial Commentary- Notions of Rethinking Global Supply Sourcing Strategies

Supply Chain Matters

As far back as 2006, I was publishing research on global supply chain strategic sourcing strategies and especially that of China based sourcing. We cannot conclude this commentary without a mention of the skills impacts on strategic sourcing and procurement leaders and professionals. Basis of Materials Strategic Sourcing.