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New Student Projects Suggest Greater Focus on Analytics

Supply Chain View from the Field

This year was no exception, and we have a cadre of bright MBA, industrial engineering, and manufacturing system engineering students lined up to work on the following projects: American Red Cross – Procurement Card Analysis – Reviewing spend analytics through p-card buying channels, and identifying key trends and consolidation opportunities. The team will benchmark industry leaders to document and define best practices for measuring total acquisition cost. .

Getting that “Swing” in Supply Chain Management

Talking Logistics

What you find instead are functional groups — such as Manufacturing, Distribution, Sales and Marketing, and Procurement — operating in silos, like a boat full of rowers each doing their own thing. Having leaders with cross-functional responsibility — such as having Manufacturing, Logistics, and Procurement report to a single executive — also helps to drive alignment. Step 5: Measure Current Performance and Benchmark with Best-in-Class Competitors.