The History of Supply Chain Management! (Infographic)

Supply Chain Game Changer

Over the last 100 plus years of the history of supply chain management has evolved from an initial focus on improving relatively simple, but very labor-intensive processes to the present day engineering and managing of extraordinarily complex global networks. Subscribe Here!

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). While this role of procurement analytics improves the efficiency of internal operations (e.g.,

Supply Chain Movement 19 – Software & Leaders

Supply Chain Movement

Contents Supply Chain Movement 19 – 2015 Q4. Sharing Dutch supply chain knowledge in Turkey. Acquisition of GT Nexus Underlines Infor’s Focus on Supply Chain. Supply chains in Europe are facing a wide variety of changes.

Biogen Idec designs the innovation supply chain

Supply Chain View from the Field

Joydeep Ganguly from Biogen Ide c spoke in my Supply Chain Relationships class last week, and shared his insights on how Biogen’s supply chain evolved. 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. The supply chain is NOT nimble and people struggle.

Balanced Supply Chain Careers for a Balanced Supply Chain

Arkieva

In my previous blog “ Balancing Cash, Cost and Service: The Supply Chain Triangle ” I have introduced that in essence supply chain management is about balancing the service, against the cost and the cash required, cfr. The Need for Balanced Supply Chain Careers.

KPI 101

How Do You Define a Mature Supply Chain Planning Organization? (Part 1)

Supply Chain Shaman

Their goals were lofty, but their understanding of supply chain planning was hazy. In 2006, they made a decision to implement a supply chain planning solution. Tactical Supply. Supply Chain Design. Ad hoc design planning often focused on a function of the supply chain. Frequent and systemic supply chain design. Clear understanding of the number of supply chains and what drives value in each.

Rockwell Automation: A Case Study in Supply Chain Excellence

Supply Chain Shaman

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC).

Insights from Elemica reveal 2014 Frankfurt

Talking Logistics

The German team overcame disappointments in 2006 and 2010 to win the World Cup this year, while favorites Spain (the defending champion) and Brazil (the host country) were humbled by the competition. Supply Chain Operating Networks Accelerate Business Cycles.

Notes from ProcureCon Indirect West at the Wigwam in Phoenix Arizona

Supply Chain View from the Field

I was amazed at the speed and convenience of the technical solutions emerging in the procurement area, based on the discussions I had with the individuals present. Anu formerly worked in procurement at Kaiser Permanente, and also pointed out how increasingly young physicians want to do everything on iPads (including accessing patient records) – and this will be a problem as patient confidentiality regulations can inhibit the ability of physicians to be electronically productive.

3 Tips for Placing the Customer at the Center of Your Hospitality Supply Chain

AFFLINK

Customers want what they want, and there should be a supply chain plan in place that supports those needs. But what happens when your hospitality supply chain isn’t flexible enough to provide for the customer? Green Supply Chain.

Is the FAR getting in the way of Early Supplier Involvement in defense projects?

NC State SCRC

Research suggests that up to 80 percent of the total cost of a product is ‘locked in’ by the procurement organization during this early engineering concept and design. Product development within the U.S.

Supply Chain Management:Has Best of Breed WMS Won the Race?

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape. Supply Chain Management.

Sustainable Procurement: Want change? The first step is to create urgency

EcoVadis

While companies are taking ownership of their direct environmental and social impacts, the indirect sustainability impacts of their supply chain are a step beyond and require an additional commitment. When new clients come to us they often have many questions about the right steps to take in order to ensure effective implementation of their sustainable procurement program. So, what are those realities for sustainable procurement? “Change is the only constant.”

Beroe Founder Vel Dhinagaravel speaks at NC State on Origins of Company

NC State SCRC

This week, my former student Vel Dhinagaravel, and founder/CEO of supply market intelligence company Beroe , came to my class to speak. Listening to him reminded me of the fun we had starting up the first ever company to produce supply market intelligence focused on the procurement space. Today, Beroe is the most successful procurement intelligence company, and continues to lead the pack in this space. In 2006 – we had a simple outsourcing model.

India 43

Spend Analytics in the Federal Acquisition Sector

Supply Chain View from the Field

First, the majority of data exists in a database called FPDS, or the Federal Procurement Data System, which was created in 1979. In 2006, the Federal Funding Accountability and Transparency Act called for searchable website database, leading to FedSpending.org. Because invoices are in a different format and may not be tied directly to a specific PSC code, it is not easily amenable to a “three way match” that is traditionally used in a procure to pay system.

Nasty Gal: When a Disrupter Isn’t Disruptive Enough

FLEXE

Founded by 32-year-old Sophia Amoruso in 2006, Nasty Gal’s rise and fall happened in less than a decade. Her social savvy resulted in demand outweighing supply. Supply vs. demand: What we can learn from Nasty Gal. That’s especially true for the supply chain.

Intelleflex Announces Cellular, GPS-equipped RFID Reader & Cloud-based ZEST™ Data Services Platform

Supply Chain Network

Intelleflex ZEST™ Data Services, a cloud-based repository for aggregating, warehousing and sharing information across the supply chain, facilitates on-demand access to actionable data for improved supply chain operations to provide a complete picture of data spanning the entire supply chain.

Make 2016 the Year of the TMS

Talking Logistics

One area that always seems ripe for improvement is the supply chain, and one of the best ways to accomplish that is with a transportation management system (TMS). The Cloud has become the great equalizer in supply chain software thanks to the speed, simplicity and savings it delivers. While your competitors grapple with byzantine RFPs for complex on-premise solutions, you can be banking your transportation savings for your next round of supply chain improvements.

Big Tech and Auto Battle for the World’s Cobalt Resources

Elementum

In 2006, lithium-ion batteries consumed only 20% of the global cobalt supply. As a finite but clearly valuable resource locked mostly in countries with difficult-to-track labor standards, cobalt’s supply chain has fallen under intense scrutiny in recent months, and companies are rushing to get their share. million metric tons (or 60% of the world’s supply). Cobalt demand will exceed supply by 42% in 2025 and 170% in 2030.

Big Tech and Auto Battle for the World’s Cobalt Resources

Elementum

In 2006, lithium-ion batteries consumed only 20% of the global cobalt supply. million metric tons (or 60% of the world’s supply). Cobalt demand will exceed supply by 42% in 2025 and 170% in 2030. Ten years later, that number has more than doubled.

The U.K. Modern Slavery Act

EcoVadis

The Next Big Step To Abolishing A 21st Century Obscenity: Is Your Company – And Supply Chain – Ready? must evaluate and manage what is happening in their supply chains. Here’s a brief excerpt: The Act sets a new European precedent in the eradication of slavery, and it transcends recent legislation including the California Transparency in Supply Chains Act ( TISC ), and the Dodd-FrankAct-Section 1502.

A vision for a transparent global Rare Earth Element system using blockchain technology

Provenance

Interested in understanding how supply chain transparency could benefit your business? Since the 1990s, China has supplied the lion’s share of the world’s demand for REEs. Nevertheless, over the last few decades the world largely relied on Chinese REE supply.