Don’t Blame Purchasing! (The Hardest Job in the Enterprise)
Over the last week, I’ve had the opportunity to speak with a number of individuals about how important it is to change people’s view of the procurement function. Up to now, let’s face it, procurement...
View ArticleJoin BVL International at the North American chapter kickoff on August 12, 2013
Logistics complexity – in the form of fragmented channels, increased product variations, and consumer demand for customized solutions – has been increasing, according to a global study published...
View ArticleEmerald Citation of Excellence 2013 for supply chain innovation article
I learned today that one of the articles I published with colleagues from the University of Tennessee, Oxford University, and Manchester University was cited for the 2013 Emerald citation of Excellence...
View ArticleEffective supply chain management through social networking: Guest Blog by...
Today’s blog is a guest post by Nick Moores on social networking for supply chains. Although this is a topic that is bandied about a great deal, Nick shares some interesting insights into how managers...
View ArticleAnother Fall semester brings a new batch of 50 SCRC company projects…
As we go into our 2013 fall semester, the SCRC team is pulling together the list of project summaries from our 15 corporate partners. This is indeed a busy time for everyone as we go into full project...
View ArticleProcurement needs to follow in the steps of marketing
A recent interview I conducted with a former Chief Procurement Officer who has worked for over 25 years in procurement in various industries captures what I believe is the true opportunity that exists...
View ArticleVendor Managed Inventory? Think twice and consider the risks!
Historically, businesses have used one of two extremes for inventory management: push-based or pull-based. Push-based inventory management uses demand forecast to manage inventory and replenish from...
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Remembering Ronald Coase (Dec 29, 1910- Sept 2, 2013)
Ronald Coase passed away this past week, at the ripe old age of 102 1/2. He represents one of the truly brilliant economists who helped shaped our understanding of management enterprise. Coase took...
View ArticleSourcing Analytics Combined with Relationship Management is Key for...
I spent some time visiting this week with Sensata in Aguascaliente Mexico. Sensata is a major manufacturer of automotive sensors, with major customers such as Continental AG, BMW, Bosch, Nissan,...
View ArticleFuture of Procurement Study Available
I recently completed a study of 25 CPO’s, each providing their view of what procurement will look like in 2025. You can download the full report at this link. Procurement has a history that is linked...
View ArticleManaging the flow of supplier-related data in financial services
Doug Hague, Vendor Analytics Executive from Bank of America, shared insights on how the financial services industry is facing a lot of pressure to supply-related analytics and management of suppliers....
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Unlocking the Secrets of Guanxi in Supply Chains…
Professor Baofeng Huo left to return to Zhejiang University this week. Baofeng and I have spent a great deal of time together this fall, discussing and comparing the importance of supply chain...
View ArticleHandfield’s Supply Chain Analytics Predictions for 2014
2013 has certainly been an interesting year! I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in...
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So what exactly is Supplier Relationship Management, anyway?
A lot of terminology is being thrown in pubic forums, using terms such as collaboration, partnering, relationship management, and other themes. These terms are, in my opinion, being over-used, without...
View ArticleLook to Your Suppliers to Drive Innovation
As organizations face a challenging market for global growth, the knowledge that innovation is the life blood for market expansion is well understood. As R&D budgets become more constrained or...
View ArticleMore on the importance of human relationships in local food systems
Ben Filippo is Food System Coordinator for the Carolina Farm Stewardship Association, a farmer driven membership based 501c3 non profit organization to help people in the Carolinas grow and eat...
View ArticleChallenges and possible solutions for local seafood supply chains
Professor Gary Bullen and SCRC Research Scholar Jessica Newsome spoke in my Local Seafood class this afternoon. Both pointed out some critical points that are indeed challenges for the seafood supply...
View ArticleSupplier-Led Innovation Workshop
In 2003, Nokia was in a lawsuit and could not use Qualcomm chips in their phones. Nokia was addressing the future of America and Asia driven by China, but couldn’t buy chips from Qualcomm. So the...
View ArticleLeadership Commitment to Strategic Suppliers Makes a Big Difference
I visited a Canadian oil and gas company this week, and participated in their first annual Supplier Day. The forum was an opportunity to share insights on the oil and gas business in North America,...
View ArticleSupplier Relationship Management is about PEOPLE (Sorry it’s not about...
We had some great insights from two speakers on our final day of the SCRC. Our first speaker was Lowell Hoffman, who spoke about some of the lessons learned he’s experienced working for 25 years in...
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