A Don’t Touch Supply Chain Strategy Must Now Dominate The Future!

Supply Chain Game Changer

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. Subscribe Here!

Six Supply-Chain Strategies for Oil and Gas in the Coronavirus Era

Supply Chain Brain

With oil prices at historic lows, it's time to reevaluate supply-chain and procurement strategies

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26 supply chain pros reveal the single most effective way to create a winning supply chain strategy

6 River Systems

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. Supply 3.

New Reality in Supply Chain Strategy – Where are the Weakest Links?

EC Sourcing Group

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.

Why Real-Time Visibility Should be Core to Your Supply Chain Strategy

CH Robinson Transportfolio

Using technology to drive strategy and improve performance—and ultimately create financial value—is top of mind for shippers today managing complex global supply chains. A key component of this technology trend is the need for a supply chain visibility platform.

Supply Chain Innovations

Cranfield

Cranfield School of Management Featured Learning Featured Leadership Featured Sidebar Leadership Featured Sidebar All Featured Sidebar Learning Featured All exec-feature Procurement Supply Chain strategy supply chain management supply chain strategy purchasing supply chain collaboration supply chain innovations

A Supply Chain Evangelist can help your mid-size company get on board with strategic supply chain improvements

OneSCM

I recently participated in a Supply & Demand Chain Executive panel webinar on the procurement challenges of small and mid-size companies. Champion the Cause with a “Supply Chain Evangelist”.

Building your Supply Chain Strategy: The Five Tenets of High-Performing Supply Chains

Supply Chain Nation

The last 15 years have been a rollercoaster for supply chain professionals as companies embraced supply chain innovation, moving up the five steps of the supply chain maturity curve, supported by new technologies. Your roadmap to Customer-Centricity.

Procurement Must Contribute to Competitiveness to Become Relevant!

NC State SCRC

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!

Pierre Mitchell of Spend Matters: Delivering Value in the Face of VUCA

NC State SCRC

Variability, Uncertainty, Complexity, and Ambiguity (VUCA) – these are the conditions of the “new normal” set of operating conditions faced by most firms today in their value chains.

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Emerging Issues for Procurement in Oil and Gas

Supply Chain View from the Field

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.

Assessing the True Return of Procurement Transformation on Total Shareholder Return: A Tough Proposition

NC State SCRC

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

The Supply Chain Team’s Impact on Capital Projects

NC State SCRC

In industries that are going through a lot of Capital Expenditure investments, including construction of pipelines, LNG facilities, and mining operations, the role of procurement on the success of the organization is somewhat different.

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Global Supply Chain & Procurement Summit 2015

Supply Chain Movement

Global Supply Chain & Procurement Summit. parity.com/global-supply-chain-procurement-summit/. Achieving this goal relies mainly on the Procurement and Supply Chain Management team. Companies need to adopt strategies that can deal with the dynamism and complexity of today’s environment, ensuring that procurement and supply chain functions can be used as the first line of defence for business operations.

Sales Can Use RACI Charts to Understand Procurement… and vice versa!

NC State SCRC

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.

What is Deep Learning? And What Does it Mean for Supply Chain?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Preparing Business for the Digital Supply Chain! And how will it shape Supply Chain now and in the future? On top of that today’s Supply Chain is increasingly complex. The Digital Supply Chain (SC 4.0)

Procurement Integrity Breach – A Sure Way to Get Fired!

Supply Chain Game Changer

Check out Procurement Outsourcing – Keep your Integrity! I was shaken by the reality that our people, our trusted procurement professionals, were being implicated for fraudulent behavior towards our suppliers. The procurement and engineering teams knew this.

How would outsourcing the logistics activities add value?

Supply Chain Movement

DSV Solutions, Districon, Nyenrode Business University and Supply Chain Magazine have developed an online assessment that can be used as a practical tool for determining both the current situation and the ideal one, and which provides users with company-specific advice.

Re-thinking supply chain risk: Protection at any cost?

Supply Chain View from the Field

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.

Körber strengthens strategic and operational procurement with Ivalua and OptiBuy

ivalua

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.

Job opening: Global Supply Chain Director at Océ

Supply Chain Movement

Great career opportunity for a Supply Chain Director with a proven track record in new product introductions and successfully delivering complex supply chain projects within a high tech environment! Global Supply Chain Director.

Data is the Real Gold At the End of the Rainbow for Contract and Spend Management Systems

NC State SCRC

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.

The Origins of Category Management

Supply Chain View from the Field

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. I was fortunately enough to have a fascinating discussion with Steve Zimmer, who currently leads a team at US Car.

The business case for extending sustainability in the supply chain: The Burt’s Bees Story

Supply Chain View from the Field

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. Risk management became a big issue as supply is a key input into customer-facing production. The goal was to develop a responsible sourcing strategy.

Arkieva Supply Chain Scope: As Ecommerce Businesses Boom, Distribution Center Availability Becomes Scarce

Arkieva

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. Source: Supply Chain Digest. Supply Chain Strategy.

Another Fall semester brings a new batch of 50 SCRC company projects…

Supply Chain View from the Field

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. MRO and category management strategy development. Supply chain impacts on working capital. Supply chain analytics around capacity planning, commodity pricing, and quality.

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Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

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.

Supply Chain Talk: 5 Fundamentals for Building a Collaborative Supply Chain

Arkieva

In this week’s Supply Chain Talk , Arkieva CEO, Harpal Singh discusses the key fundamental building blocks for creating a collaborative supply chain. Today, I’ll turn my attention to discussing the fundamentals of creating a collaborative supply chain.

6 Key Supply Chain and Logistics Trends to Watch in 2017

Logistics Bureau

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.

Upcoming SCRC Meeting to Focus on “Transparency in the Global Supply Chain”

NC State SCRC

The concept of supply chain transparency and velocity is based on two essential elements of technology: 1) The rapid digitization of the supply chain, and 2) the rise of real-time information enabled by technology. Although many organizations have adopted these technological elements, one essential element is missing from their strategies: the democratization of data sharing. An Economic Impact Analysis of North Carolina’s Supply Chain.”

3 Things you Need to Know about Your Supply Chain (Plus an Extra One)

Logistics Bureau

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.

Only 1 Week Until the Supply Chain Analytics Conference at NC State!

Supply Chain View from the Field

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%.

A solution for the “New Normal”: Real Time Supply Chain thinking

NC State SCRC

But there’s nothing stable about the environment we operate in, as there is plenty of volatility and disruption to go around in the global supply chain. The real-time supply chain is being created at Flex today.

What is the Trans-Pacific Partnership (TPP)? Guest Post by Arun Gupta, PhD

Supply Chain View from the Field

The TPP has major ramifications for supply chain performance, especially in situations where supply chain components fall within the TPP participant countries. Trade, trade barriers, and market access involving all types of goods (including agriculture), services (including financial and foreign investments), and small- and medium-sized enterprises also are under the umbrella of the TPP and can impact the performance of supply chains.

Do You Understand Your Chief MRO Inventory Challenges?

Logistics Bureau

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. Supply availability and purchase order lead time.