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Better Ways to Address Trade-Offs with Supply Chain Optimization

Logistics Viewpoints

Malcolm McLean, a trucker from North Carolina, was tired of waiting. He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains.

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Economic Aspects of Supply Chains

American Global Logistics

However, there is a need for more precise and comprehensive metrics to understand the full economic impact of supply chains. The supply chain supports an additional 770,000 jobs, comprising 31%, of North Carolina's workforce. Bottlenecks in global production networks reflect imbalances between supply and demand.

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Patrick Hopkins at Coupa: Coca Cola’s four truths of procurement to pay in action

Supply Chain View from the Field

At the Coupa INSPIRE procurement conference in San Francisco this week, the Chief Procurement Officer of Coca Cola Consolidated, Patrick Hopkins, shared his views on the “4 Truths of Procurement”, and how he has operationalized his views through the deployment of Coupa procure to pay software. Data must be right.

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New Student Projects Suggest Greater Focus on Analytics

Supply Chain View from the Field

The team will assist the Austin’s with a transition plan and identify metrics (and record keeping needed for these metrics) so that the Austin’s and other transitioning dairies have a heightened chance of success as they move from suppliers of raw milk, to small businesses producing finished dairy products for sale.

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The SCRC’s Contribution to the WSJ’s Best Managed Companies

NC State SCRC

Both of these assessments are described in the ratings description , as follows: “Through a process developed by North Carolina State University professor Robert Handfield, a review is conducted of publicly available information, as well as interviews and surveys of corporate procurement specialists.”

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SCRC Innovation and Social Responsibility Supply Index: A Critical Input to “Drucker Management Top 250 List”

NC State SCRC

In the innovation category, metrics related to spending management, category management, strategic sourcing and supplier relationship management. In the social responsibility category, metrics related to supply chain policies, practices and results, including audits and lawsuits, with respect to human relations and the environment.

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Dealing with Supply Chain Uncertainty After Covid: Insights from the Experts

NC State SCRC

What are the implications of not just focusing on cost anymore in global supply chains? Finally, General Jim Trogdon, the former Secretary of Transportation in North Carolina, provided some interesting insights into transportations. What is the alternative to just being focused on cost? What if instead we focused on FLOW?”