Supply Chain Game Changer

APRIL 21, 2020

Subscribe to Supply Chain Game Changer. A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! The overarching strategy for limiting exposure to, and spreading of, the Coronavirus is that of Social Distancing. But even with social distancing, the global lockdowns, temporary closures of many businesses and disruptions of economies everywhere there are still Supply Chains in action, as disrupted as they may be.

Strategy 61

Strategy Supply Chain Strategy Electronics Internet of things 61

Supply Chain Game Changer

APRIL 28, 2020

Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! The Coronavirus Pandemic has quickly and severely disrupted Supply Chains of every kind around the world. Additionally dramatically higher demand for household supplies (eg. What is Single Sourcing or Sole Sourcing? For clarity let’s define what these sourcing terms mean. A sole sourcing model provides a similar dilemma.

Sourcing 62

Sourcing Quality Automotive Supply Chain Disruption 62

6 River Systems

JUNE 10, 2019

With new supply chain innovations , trends in logistics technology and advancements like automated robots making a big impact on operational efficiency, it seems that supply chain optimization is within reach for more companies than ever before. However, even with a growing number of innovative technologies at your fingertips, your success still depends on your strategy. ” Meet Our Panel of Supply Chain Professionals: Trey Howard Emmanuel Frost Michael D.

Supply Chain Strategy 72

Supply Chain Strategy Rhode Island Strategy Tampa 72

EC Sourcing Group

APRIL 7, 2020

A crisis will shine a light on the weakest links in your supply chain. Wouldn’t we all like to have a supply chain built to withstand a ramming like the cruise ship RCGS Resolute? The current Corona virus pandemic will impact the supply chain of virtually every company. Single source suppliers. How many facilities do they supply or service? Has an unexpected interruption in service or supply occurred during the relationship?

North Carolina 40

North Carolina Supply Chain Strategy Strategy Risk Management 40

EFT

MARCH 30, 2017

The past decade has seen a popular strategy among mid-sized to large logistics service providers. Many providers pursued a common strategy of expanding logistics capabilities across the supply chain spectrum. Providing end-to-end supply chain services was seen as the next frontier for growth. After more than a decade, the strategy has failed to deliver. Strategy Assumptions. Where the Strategy Fails. Executive Summary.

Supply Chain Strategy 44

Supply Chain Strategy Strategy Phoenix Quality 44

Supply Chain Game Changer

JUNE 17, 2020

Subscribe to Supply Chain Game Changer. Strategic National Stockpiles and Sourcing for the National Interest! With the onset of the COVID19 pandemic, and the resulting supply chain fallout , many have speculated on how the U.S. The Covid19 global pandemic has cruelly exposed the utter dependence of the US and the world on China’s mass manufacturing capability and supply of critical medical equipment and materials. Joe Carson, CEO, Spend Strategies, LLC.

Sourcing 53

Sourcing Six Sigma Miami United States 53

Supply Chain View from the Field

OCTOBER 19, 2013

This past week, I hosted a meeting with a small group of oil and gas procurement executives in Houston to share thoughts on some of the major trends occurring in oil and gas, changes to the global oil and gas organization structure, as well as the impacts on procurement capability in the emerging ecosystem. Companies are trying to move towards a value-based strategy and less volume, and are selling down to get their cash values higher.

Procurement 69

Procurement Houston Australia Asia 69

Jaggaer

SEPTEMBER 29, 2020

At what point in an organization’s journey is it time to make the shift from reactive purchasing by non-practitioners to hiring and developing seasoned specialists who are able to look at spend holistically and create strategies that help an organization transform towards value management?

Procurement 52

Procurement Lean Electronics Sourcing 52

NC State SCRC

SEPTEMBER 18, 2017

Procurement is always thinking about cost savings, year over year. What if, for example, procurement has a budgeted amount for 4.5 cents, so procurement declares victory and says they saved their organization a lot of money: 3 cents per unit! Vel Dhinagaravel, CEO of Beroe , thinks this is the wrong way to measure procurement. However, the annual reports of these three companies has a write up where they talk about the massive savings delivered by procurement.

Benchmarking 40

Benchmarking Procurement Report Packaging 40

NC State SCRC

SEPTEMBER 15, 2017

Although RACI “charts” are often viewed as irrelevant and bureaucratic, they can provide an important clue regarding the “decision-rights” for procurement and contracting decisions. An important foundational issue for sales personnel to understand is the relative level of procurement maturity within the organization, and the extent to which the organization has developed a category management structure. Do they have a formal strategic sourcing program?

Government 40

Government Education Metrics Procurement 40

NC State SCRC

JUNE 27, 2017

In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. Many procurement assessments developed by consultants seek to provide an answer to the question “how far along are you relative to your peers in your procurement transformation journey”, and “which processes are lagging compared to your peers?”

KPI 40

KPI Procurement Benchmarking Guidelines 40

Supply Chain View from the Field

AUGUST 11, 2015

I have been having a number of fascinating interviews with Chief Procurement Officers this past week on the subject of procurement analytics and supply management risk. Supply chain risk management brings up a whole host of issues – and as one executive pointed out, is rather a sophisticated concept. A really interesting supply chain scenario at a large oil and gas company involved the procurement of large haul trucks.

New York 65

New York Supply Chain Chemicals Study 65

Supply Chain View from the Field

AUGUST 18, 2013

We then match the project descriptions with our project-based courses and assign projects to the MBA SCM practicum, undergraduate SCM practicum, or MBA Supply Management. Besides the practicum courses, the MBA Supply Management course includes a field-based student project. Improvement of Source to Pay processes. - MRO and category management strategy development. Supply chain impacts on working capital.

SCM 60

SCM Course Company Analysis 60

Supply Chain View from the Field

JUNE 29, 2014

While the dreaded “reciprocity” issue must be avoided at all costs, the fact is that organizations can rarely build a “Chinese Wall” between sales and procurement and completely ignore this issue. As such, more and more companies (especially in financial services) are considering how suppliers can also contribute to front-office revenue, and whether they can become future customers when sourcing segmentation decisions are made.

Procurement 71

Procurement Course Examples Sourcing 71

Supply Chain View from the Field

FEBRUARY 3, 2014

But I was able to map out the value chain back to petrochemicals, and was able to estimate weights which were then pushed back onto part numbers. My boss Jack said we need to get contractual control over our supply chain, so we started to leverage out buys at the petrochemical level, and started writing contracts with the big petrochemical companies. They would bid and source only part at a time!

Detroit 60

Detroit Groups Michigan Exercises 60

Supply Chain View from the Field

FEBRUARY 25, 2015

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. Supply chain has a big focus on the currency of today’s theories being implemented here. The Supply Chain Resource Cooperative at NCSU played a big role in helping to shape our supply chain. The supply chain is NOT nimble and people struggle.

Innovation 65

Innovation Biotech Supply Chain North Carolina 65

NC State SCRC

NOVEMBER 5, 2016

Contract analytics can provide a summary view on performance and pricing deviations, risks, statistics (expiry, renewal and pending), procurement and sales metrics. In a presentation at the EMPOWER conference held in Orlando, a large utility shared how procurement had used the decision-making algorithm embedded in the Emptoris suite of tools to guide users into the appropriate contractual mechanism. This is a key component of the sourcing initiative.

System 46

System Comparison Internet of things Analysis 46

Supply Chain View from the Field

JANUARY 26, 2013

Jenny Sebley, former supplier sustainability manager at Burt’s Bees, spoke in my sustainable supply chain class today. Sustainable supply chains was a key issue at Burt’s Bees, and continues to play an important role. The first focus was on reducing waste and leaning the supply chain. The brand was also key – Burt’s Bees needed to ensure it was sourcing raw materials using sustainability materials and labor rights.

Sustainability 78

Sustainability Handbook Apparel Lean 78

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. We just finished hosting over 150 executives at our Supply Chain Resource Cooperative, with a theme on Supply Chain Analytics. Here is what I expect to see next year: Global supply chain footprints will continue to expand.

Analytics 98

Analytics Supply Chain BRIC Russia 98

Supply Chain View from the Field

NOVEMBER 30, 2015

Inspired by the plethora of new technologies for collecting, analyzing, and presenting data, everyone is scrambling to find a way to not only monetize analytics, but figure out how to apply it to supply chain management. Today across many industrial sectors the proportion of value that stems from the supply chain is almost 80% and in many companies the outsourcing ratio can be greater than 90%.

Analytics 60

Analytics Conference Procurement Meeting 60

Supply Chain View from the Field

NOVEMBER 9, 2015

He shared with me his insights on sourcing from a diverse supply base, and how this has become truly engrained into P&G’s corporate culture. ” He was then asked to make a bi-annual visit to Sealaska by none other than Rick Hughes, the Chief Procurement Officer at the time – and in no uncertain terms was told how important this visit was going to be. In a world of supply base consolidation, this is the one number that continues to go up!

Strategy 65

Strategy Alaska Sourcing Packaging 65

Supply Chain View from the Field

FEBRUARY 9, 2014

As R&D budgets become more constrained or have limited opportunities for smaller projects, executives recognize that many of the opportunities for innovation lie in the intellectual property, technical knowhow, and entrepreneurial spirit that lies in the extended supply base. As one executive mentioned, “We can’t afford to try to maintain or sustain duplicate capabilities in the supply base as well as within the organization.”

Innovation 71

Innovation Procurement Quality Sustainability 71

Arkieva

JULY 25, 2016

This and more, in your Monday supply chain briefing from Arkieva. . Supply Chain News. This is compared to 150 million square feet of new supply, making the market the tightest it’s been in years. While the gap is narrowing, demand is still outpacing supply by a lot – it’s out of whack,” said David Egan, head of industrial research, Americas at CBRE. Source: Multichannel Merchant. Source: Supply Chain Digest.

Real Estate 68

Real Estate Journal Distribution Procurement 68

Supply Chain View from the Field

JANUARY 30, 2013

A recent discussion with supply chain executives in the apparel industry reveal that the problem is a tricky one to solve – and may be a function of other decisions being made by apparel manufacturers that have nothing to do with labor human rights in the supply chain. This is not only an industry standard, but is now considered an essential element of low cost country sourcing, thanks to the pressure on retailers. Do YOU know who is in YOUR supply chain?

Bangladesh 60

Bangladesh Capacity Apparel Journal 60

ivalua

MARCH 16, 2020

Optimization of the entire source-to-pay process for nearly all Körber locations worldwide. Redwood City/Warsaw/ Hamburg – March 17th, 2020 | Ivalua, a leading global provider of procurement management solutions, and OptiBuy, Ivalua’s long-standing implementation partner, announced their selection by Körber to enable a digital procurement transformation. Körber’s purchasing and supply chain management organisation is responsible for all procurement processes.

Groups 31

Groups Procurement Sourcing Innovation 31

Supply Chain View from the Field

JUNE 24, 2015

I had the opportunity to visit with the American Red Cross in Charlotte, NC yesterday, and held a negotiation workshop with the supply chain directors and managers. This was at the request of my good friend, Tom Nash, who I have known since 2000, when he was an IT Sourcing executive at Shell Oil in Houston. At every place, he has landed, he has been a strong supporter of the Supply Chain Resource Cooperative , and his engagement at the ARC was no different.

Charlotte 60

Charlotte Houston Company Sourcing 60

Logistics Bureau

JANUARY 23, 2017

Call it a cop-out if you like, but seriously, predicting which logistics and supply chain trends will make a difference to businesses in any given year has become notoriously difficult, given the speed at which technology in particular can suddenly disrupt the way things are done. The 6 Supply Chain Trends You Can’t Afford to Ignore. Key Logistics Trend #1: Warehouse Robotics in the Supply Chain.

Real Estate 76

Real Estate Trends Australia DC 76

Supply Chain Movement

JANUARY 6, 2015

The Global Procurement & Supply Chain Conference is a 2 days event being curated by the industry’s leading procurement & supply chain executives and features high-level discussion on your most pressing challenges including: Achieving excellence in internal collaboration and integration. Macroeconomic changes and their likely impact on your supply chain. Supply chain strategy and procurement excellence.

Global 73

Global Germany Supply Chain Execution Supply Chain Strategy 73

NC State SCRC

MAY 9, 2017

It is no secret that future generations of managers are being asked to learn all about the different processes in the end-to-end supply chain, and be able to come together with others in a fast action plan when a disruption strikes. Over time, as the system learns, it can be used to better train young professionals based on the expert work of more experienced supply chain professionals.

Guidelines 40

Guidelines Internet of things System Training 40

Logistics Bureau

JANUARY 19, 2016

Whatever your supply chain role might be, monitoring and controlling costs is almost certain to be an important area of responsibility for you. However, when you’re busy with the day-to-day activities of keeping materials moving and fulfilling customer orders, it’s not difficult for increases in operational expenditure to go unnoticed until before you know it, you’re dealing with one or more supply chain cost blowouts. An Upcoming Free Supply Chain Webinar.

Six Sigma 40

Six Sigma Lean Inventory Freight 40

Logistics Bureau

AUGUST 19, 2017

When I first published this post, it was called “3 Things You Need to Know about Your Supply Chain.” ” However, I recently realised that I was omitting a fourth key factor that can contribute to supply chain glitches and gremlins. For those CEOs and other execs who don’t know much about supply Chain or logistics management, I’d like to highlight the four key areas to really keep an eye on. Supply Chain Impact on Shareholder Value.

Warehousing 50

Warehousing Customer Service Lean Groups 50

Logistics Bureau

FEBRUARY 21, 2017

If your company is in the business of maintenance, repair, and operations, you should already be aware of the strengthening trend in service as a source of value , both in business-to-business and business-to-consumer marketplaces. Your best chances of improving accuracy lie in a breakdown of your inventory into segments, followed by the development of category-specific inventory strategies and investment in advanced demand forecasting technology.

Forecasting 43

Forecasting Inventory Inventory Management Analysis 43

NC State SCRC

FEBRUARY 3, 2016

The focus on corporate sustainability often calls for companies to increase transparency in all aspects of an organization’s operations, and much more so in the supply chain. Apparel and electronics companies that source all of their products from factories in emerging countries are especially targeted for allegedly hiring contractors that push the boundaries of human rights labor laws. We have to be transparent to be clear about what is going on in our supply chains.

Sustainability 40

Sustainability Electronics Apparel Exercises 40

Talking Logistics

MARCH 24, 2015

Allow expectations to guide your strategy — i.e. if you are expecting a large rate increase by going to market, you may consider working with your carriers to extend pricing or negotiate modest increases. Work closely with the broader supply chain team to understand which initiatives could have an impact on transportation. Align with Your Carrier Strategy. When we are managing a procurement event for a customer, the project will kick-off with a discovery call.

Transportation 158

Transportation Michigan KPI Strategy 158

Infosys Supply Chain Management

FEBRUARY 4, 2013

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. About Us.

Supply Chain Segmentation 25

Supply Chain Segmentation Biotech SCM Asset Management 25