Who said supply chains are boring?: Supply Chain in a Box

Supply Chains Rock

Thursday, June 26, 2008. By going to the website you play the role of the procurement buyer. Who said supply chains are boring? Whenever I tell a friend, colleague or family member about my job as soon as the words "supply chain" are muttered I immediately see glassy eyes followed by a yawn or two. Little do they realize that every time they discard or recycle a carton of milk they are completing the end of the supply chain cycle.

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New Job : Chief Procurement & Sustainability!

EcoVadis

This week Siemens announced that they were appointing Barbara Kux as both Chief Procurement Officer and Chief Sustainability Officer. She was holding exactly the same 2 jobs at Phillips, which during her tenure, became both a leader in Sustainable Procurement, and grew its “green business” into a 5.3bn€ activity.

EcoVadis selected by Microsoft

EcoVadis

We are glad to have been selected to joint this program, which will allow us to re-inforce our partnership with Microsoft on the technology aspect, as well as to develop or relationships with the Paris City administration, which we know is very committed to “Green Procurement” EcoVadis is a provider of Sustainable Supply Management Software, helping organisations integrate environmental and social criteria’s in the supply chain

How Banks Can Improve Transparency in Procurement for Better Compliance

Jaggaer

Procurement in Banking also faces unique challenges due to the tough regulatory compliance environment that sets limits on how Banks can achieve goals like cutting costs. The bank’s Chief Procurement Officer may want to change vendor. Procurement’s Role in the Banking Industry. Since the financial crash of 2008, procurement has taken on an increasingly important role in the sector for another reason: strategic suppliers all present various kinds of risk to the bank.

The Procurement Economy in 2019: Bracing Yourself for the Future

Jaggaer

As we’ve explored in our last two blog posts, economists are predicting a decline in global economic growth due to policy and trade issues both in the United States and the European Union , bringing an increased risk to supply chains and procurement organizations. Research on supply chain following the 2008 economic recession found that supply chain executives took several major steps to deal with the decline, each of which is particularly relevant as we enter 2019.

Public Purchasing and Green Transport

EcoVadis

This is reason why the European Union has long been promoting green procurement in public purchasing. See link on the European Union guidelines on the green procurement of transport services and buses ( click_here ). In that context, Boris Johnson, the new mayor of London, has then decided to go for green procurement when reintroducing the Routemasters.

Green Sourcing for the Olympics

EcoVadis

What is new, is the profound impact this initiative will have on the Sustainable Procurement initiative of 1000’s of companies. It is well known that the London Organizing Committee has made Sustainability a core policy of the 2012 Olympic Games, since an ambitious 2012 Sustainability Plan was published in November 2007.

Frequency of “Supply Chain” in Books

SCM Research

The following Google Ngram Viewer graph shows the frequency of the terms “supply chain”, “logistics” and “procurement” in books published between 1975 and 2008. We can only speculate about the current use, as Google’s database ends in 2008.

Global Cargo Monitoring / Cargo Tracking: Rebuilding Public.

Global Trade Management

Monday, 17 March 2008. The new Public-Private-Partnership to facilitate trade is becoming a different method of procuring public services and infrastructure by combining the best of the public and the best of the private sectors capabilities – sharing activities in a trusted environment. arviem, founded in 2008, has grown organically to become the leading service provider for real-time cargo monitoring. ▼ 2008. (7). Global Cargo Monitoring / Cargo Tracking.

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Becoming a Valued Busienss Partner: Procurement Analytics SCRC Meeting Insights

NC State SCRC

After highlighting some of the results from the IBM study I worked on this past fall on procurement analytics, I introduced Rich Hughes, former Chief Procurement Officer from Procter & Gamble. Rick told me that my presentation brought back a lot of early memories from P&G back when it was in its early days of procurement transformation in 2000-2001. The goal was to ensure that procurement was no-touch.

Boston Procurement Leaders part 3: Talent Management Challenges

Supply Chain View from the Field

One of the most interesting panels from the Boston Procurement Leaders conference was focused on Talent Management. Ken worked as an engineer and in procurement at Rockwell and then as head of procurement for the Xbox division at Microsoft. He shared with us what is happening in the procurement talent space: “What I was hiring for 10 years ago is very different for what I am hiring for now.

A Tale of Two Procurement Books: Cox’s Sourcing Portfolio Analysis (Cox) & Strategic Sourcing in the New Economy (Keith et al.)

Supply Chain View from the Field

A new face of procurement is emerging which is recognizing that a new set of value drivers must be developed in the face of massive environmental changes. Some of the emerging views on the “future of procurement” focus on the importance of being a strong internal consultant, the importance of building relationships, coaching suppliers, post-award contract management, and relational contracting.

Citations of Excellence Awards 2014

SCM Research

The first paper by Kim, Ferrin & Rao (2008) presents a trust-based consumer decision-making model in electronic commerce. 2008). Theory Article Award Corporate Social Responsibility Procurement Supply Chain Management Supply Chain Risk Management Like every year ( see my previous post ), Emerald rewards authors of exceptional papers covered in its extensive Emerald Management Reviews database with a Citation of Excellence Award (full list).

Horsemeat Supply Chains

SCM Research

Based on a series of incidents in food supply chains, Roth and her co-authors (2008) have developed a conceptual framework for quality management in food supply chains. 2008). Practice Article China Procurement Supply chain complexity Supply Chain Management Food supply chains are affected by supply chain trends such as globalization, consolidation, and commoditization. Supply chain managers have eagerly sought to apply textbook knowledge to these supply chains.

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Closing the Gap Between Buyers and Sellers: “Everything is Changed, Nothing is Different”

NC State SCRC

If you have a bad relationship, and people are striving for capacity coming out of recession in 2008 and 2009 who will get the capacity – the customer of choice or the jerk. We hosted an extremely successful set of speakers at our SCRC meeting this past week.

What Exactly is Blockchain? And How Does it Work? (Infographic)

Supply Chain Game Changer

The term “Blockchain” was first coined by Satoshi Nakamoto in 2008 as the name for the electronic transaction ledger to be used in support of the cryptocurrency Bitcoin. Selected as one of the Top 75 Supply Chain Blogs, and one of the Top 25 Procurement Blogs, on the Internet.

Artificial intelligence & your data: 3 key takeaways from DMSCA2018

Xeeva

He also discussed what AI is and how it’s impacting manufacturing, supply chain, procurement, and other industries. Related: Get started with your procurement data using AI technology. Make the first step in getting started with your procurement data by downloading the whitepaper today.

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How to Reduce HAI Infections With Strategic Procurement

AFFLINK

According to the CDC, from 2008 to 2014, hospitals that adopted HAI prevention guidelines saw a 50% decrease in bloodstream infections associated with central lines, a 17% decrease in surgical site infections, an 8% decrease in c. And it starts with strategic procurement.

Supply Chain Management:Infosys team at Pulse 2012 - Day 0

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Though I have attended all Pulse events since its inception in 2008 (last year I gave it a miss), it still looks new every year. The first Pulse event in year 2008, after MRO acquisition, was more of an extension of earlier MRO world or Maximo world event, hence was mainly Maximo focused. Procurement Blog. December 2008. November 2008.

Can Blockchain become the solution for anti-counterfeiting and chain of custody?

NC State SCRC

It was in October 2008. Keep an eye on this one… Analytics Block Chain Emerging Issues in Supply Chain Internet of Things LIVING Supply Chain Logistics Procure to Pay Retail Logistics Supply chain analytics Supply Chain Innovation Supply Chain Management Supply Chain Systems

The View from Houston: DHL Global Energy Conference 2015

Supply Chain View from the Field

The conference was a great opportunity to interact with logistics and procurement executives in an environment of open dialogue and discussion. All of a sudden, everyone is “knocking on the door” of procurement and logistics, asking for cost improvements. These are the types of asset productivity savings that are often left untouched, as procurement goes relentlessly after pricing cuts.

Biobased Economy Continues to Grow: USDA Secretary Announces NC State-Duke Study Results on Monday

NC State SCRC

Vilsack, a former governor of Iowa, briefly ran in the 2008 presidential race and was considered by Hillary Clinton as a potential running mate in 2016. Just like the report does as well… Biobased Products Corporate Social Responsibility Emerging Issues in Supply Chain Energy Supply Chain Food Supply Chains Procurement Sustainability Supply Chain Economics Supply Chain Management Sustainability

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Supplier Financial Health: Don’t Wait for the Worst, Reach out and Talk!

Supply Chain View from the Field

Perceived supplier financial health is a measure of a responding buyer’s perception of financial health; whereas supply disruption involves a major financial incident that is discovered “after the fact” (The most common of these during the 2008 period included disruptions to operations, sudden price increases, erratic deliveries, or layoffs that result in capacity shortfalls.

3 ways supplier diversity in supply chain can positively impact your business

DELMIA Quintiq

The Atlanta-based company demonstrated that companies focusing “heavily on supplier diversity” generated a 133% greater return on procurement investments than the typical business. More than just charity.

Winner of the last quarter: Unilever’s Marc Engel

Supply Chain Movement

He has extensive experience in supply-chain operations, covering procurement, logistics, finance and strategy development. He was in charge of the worldwide procurement of third-party goods and services with a budget of EUR26 billion and a team of 1,500 people across 67 locations.

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SanDisk’s Story of Customer Segmentation Strategies Using Inventory Postponement

Supply Chain Shaman

I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value.

Origin of Logistics & Supply Chain Revealed! - SupplyChainOpz

Supply Chain Opz

Frankel et al 2008 indicated that " supply chain " and "supply chain management" first recognized in the 1980s. Moreover, Supply Chain is not the result of Marketing/Production Planning/Operations Management interface as stated by Mentzer et al 2008. NAVIGATE. Basics. Case Studies.

Oil & Gas Companies Focus on Eliminating Supply Chain Waste

Talking Logistics

As the table below shows, back in 2008, the U.S. “Past performance is no guarantee of future results.”. For the past few years I’ve been using that phrase, which you typically find in investment literature, when making the case for innovation in supply chain management.

Ocean Shipping Trends: What to Expect in 2019

CH Robinson Transportfolio

Or, yet again, is this just a temporary recovery, as the trend has been since 2008? This continues to complicate procuring, executing, and managing chassis in general. What a difference a year can make! This has been an interesting year for the ocean shipping industry.

This Week in Logistics News (June 20-24, 2016)

Talking Logistics

As one commentator put it, will this be another Y2K (much ado about nothing) or will it be like the collapse of Lehman Brothers in 2008 that triggered the financial crisis?

Sustainable Logistics: Quantifying Sustainability Measures of Your Logistics

Cerasis

This sustainability effort has carried innovation and implementation costs which have been gradually offset with procurement and operational savings. The volume of product damage occurring in between manufacturing and retail is substantial - a 2008 study by Deloitte estimated “unsaleable” product cost manufacturers $15 billion annually or 1-2% of gross sales. Calculating the carbon footprint of a company’s comprehensive logistics framework is tremendously complex.

How to Prepare for Tight Truckload Capacity

TMC

Logistics Outstanding Thesis Award, 2008. Carrier Management Market Trends Procurement Risk Management Transportation Management Uncategorized Carrier Capacity Truckload Weather

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

NC State SCRC

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. A week in, the head of logistics procurement quit – and I became the new head of logistics procurement, managing over 300 truck movements. By 2008 we had grown to 25 people.

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Ocean Shipping Trends: What to Expect in 2019

CH Robinson Transportfolio

Or, yet again, is this just a temporary recovery, as the trend has been since 2008? This continues to complicate procuring, executing, and managing chassis in general. What a difference a year can make! This has been an interesting year for the ocean shipping industry.

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How Hong Kong is Enhancing its Sustainability Efforts

EcoVadis

Green Procurement Initiative by the Hong Kong Government. Green procurement has been practiced by the Hong Kong Government since early 2000s.

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6 Common Supply Chain Mistakes and How to Resolve Them

AFFLINK

The cost of recovery from a disruption in procurement management depends on factors such as supply source, volume, manufacturing location and inventory. While the planes were supposed to hit markets in 2008, supply chain management problems delayed the production for three years.

Outsourcing: The Good, the Bad, and the Ugly – Lessons from Nortel Networks

NC State SCRC

Jeff Townley, former Chief Procurement Officer at Nortel Networks, provided some fantastic insights in my MBA class this evening. ” The UGLY – “Nortel went to Chapter 11 in 2008.