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Five Predictions (About Prediction) that Every Procurement Professional Should Consider

Supply Chain View from the Field

As part of the conference, I’m delivering a talk on five predictions that every procurement professional should consider. These aren’t so much “predictions”, as opportunities that procurement professionals should become aware of, and educate themselves on.

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Review of “Procurement Value Proposition” misses the point…ISO “Mr. Impossible”!

Supply Chain View from the Field

A recent review by Peter Smith of my new book , “The Procurement Value Proposition”, co-authored with Gerard Chick, provides some solid support for the message Gerard and I were seeking to develop. They also need strong quantitative fluency and be competent in developing and deriving solutions from datasets.

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Behind the Numbers of the SCRC Supply Management Index

NC State SCRC

Examples might be a “state of the industry” report purchased from a consulting company or a publicly available database such as the Census of U.S. Processes are in place to gather supply market intelligence from across the organization, suppliers & external sources on a regular basis. Cognizant Tech Solutions Corp.

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SCM is smoking hot!….Why students should consider NC State for a supply chain major.

NC State SCRC

In my most recent blog, I described the type of person that organizations such as Apple are seeking to find : tech savvy, smart, humble, able to work on unstructured projects with challenging requirements, analytically oriented, and most of all, willing to learn and take on new problems! So did Tom Falk at Kimberly Clark.

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A “Swiss Army Knife” of Supply Chain Talent Requirements: Views from a Former Wolfpack Student

NC State SCRC

He then went into global imports for the central purchasing group in Raleigh. This was a lot of planning, a lot of analytics, and a lot of work. In 2013 we had $8M of raw material inventory – due to poor purchasing, poor safety stock decisions, and a lot of WIP in the system. Today, we are at 5.5M