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purchasing and supply chain Tagged Articles
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What are the 3 biggest challenges faced by supply chain/purchasing professionals today? (Survey Result 8)
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| There are many factors both internally as well as externally that are affecting supply chain/ procurement practices today. From the growing talent vacuum to the continuing lack of collaboration between Finance, IT and Purchasing relative to corporate initiatives.
What in your own experiences and opionions are the top 3 issues that procurement professionals face?
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Other purchasing and supply chain Related Articles
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Dangerous Supply Chain Myths (Part 3)
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| Segment 3 – Multiple Supply Chain Networks: An Issue of Timing versus Concept Validity?
Multiple Supply Networks
The tail of the supply chain needs to be tailored to each developing market and this will require domestic partners to help execute fulfillment and delivery. In addition, good risk mitigation requires flexibility and diversity in your supply chain and supporting networks. |
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Dangerous Supply Chain Myths (Part 7)
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| Segment 7 – Enabling Technology: The Emergence of the Metaprise
Enabling Technology
Technology is the key in the supply chain organization of the future. The right technology will enable enterprise-wide supply management, external supply chain visibility, and internal and external collaboration.
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Are Multiple Supply Chain Networks Important? (A PI Q and A)
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| I recently posed a question on the importance of Multiple Supply Chain Networks which, within a matter of several hours, elicited 14 responses from around the world.
And while the majority of respondents felt that the findings from an ISM, CAPS and AT Kearney 2006 report were not indicative of general market sentiments, it nonetheless has proven to be an issue that is of considerable interest to supply chain professionals and academics.
As a result, over the next week I will share the answers as well as corresponding discussion tracks starting today with the response from a Senior Director Supply Chain Operations in the Apparel & Fashion Industry in the United States.
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What is the Value in your Supply Chain A PI Q and A
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| Member Question:
What is the difference between Supply Chain and Value Chain?
My Response:
To begin, the reference to supply or “value” chain is a misnomer in that it implies a sequential architecture. This is a term that is on its way out as an organization’s supply “practice” is actually centered on the synchronization of diverse stakeholders sometimes spanning multiple supply networks. This is an important distinction given the impact that real-world synchronization has on theories such as value chains.
That said the concept of the value chain was first introduced by Michael Porter in 1985 in his book, Competitive Advantage: Creating and Sustaining Superior Performance.
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What is the best type of Graduate Degree for a Supply Chain Professional?
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| Member Question:
What is more useful in terms of applicability for a young supply chain professional...an MBA or a Masters in Supply Chain Management?
Ben, Logistics Engineer |
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What are the most commom metrics used for Supply Chain?
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| Member Question:
What are the most commom metrics used for Supply Chain?
Francisco, Logistics and Supply Chain Professional
Argentina |
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(Guest Post) Optimizing Value in the Economic Downturn [and Recovery]
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| This article is the second in a three-part series of guest articles on optimization by Dr. Olga Raskina, Lead Scientist, with Emptoris, the supply and contract management solutions provider.
As we push on through the troubled economic environment, corporate leaders are laser focused on bringing supply chain management under tighter financial guidelines. An article I recently read in Supply Chain Digest highlighted the typical urgency felt by procurement managers to cut supply chain costs. |
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Did an Anti-North American Sentiment and Arrogance Undermine Andersson's Tenure at GM?
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| On the August 11th PI Window on Business Show I spoke with three time honoree as a Supply and Demand Chain Executive's "Pros To Know," and co-author of the book "Transform Your Supply Chain" Bill Michels, regarding General Motor's precipitous fall in relation to their supply chain strategy. |
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Purchasing Management ---- The Driving Force to Maximizing Success during Tough Economic Times
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| Purchasing managers, purchasing agents and buyers are the life support system of your supply chain. This has become much more apparent during these tough economic times. I often use the phrase in leadership training; "You're only as good as the people you surround yourself with." That phrase also applies to one of the most critical functions in distribution, the Purchasing Manager. So what does being the life support systems to supply chain management mean? It means purchasing is the center of the universe, the equator, the fulcrum when it comes to meeting customer demands. This is a common fact. We all know it. Most of us say it and yet few of us really understand it. |
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The Power of Greening Supply Chains
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| Sustainable supply chains are an integral part of a rapidly growing trend that is transforming businesses around the world. Many organizations are looking at supply chain sustainability as a new measure of profitable logistics management. Increasing companies are adding value to their offerings by using sustainable supply chain reporting as a central part of their strategy. Puma, Walmart and HP are three examples of companies that are leveraging their buying power to increase sustainability throughout their supply chains. Research funded by the European Supply Chain Institute (ESCI) indicates that IT supply chains afford significant opportunities for carbon reduction. |
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