Stumbled across an interesting article in Supply Chain Digest the other day. A recent survey conducted by consultants at PRTM of some 350 supply chain executives from across the globe identified five key supply chain challenges for the next few years. Successful management of those challenges, the resulting report says, will be central to a [...]
Continue reading about Survey Identifies Five Major Challenges for Future Supply Chain Success
There’s an old business saying that always rings true. “What gets measured is what gets done.”
It’s no secret that procurement has seen a higher profile as companies seek to control costs and increase the overall value of their supplier relationships by reducing risk and increasing compliance across the board.
Assessment of Performance and Risk Top Survey
In [...]
While overcoming the internal company culture seems to be the biggest obstacle, according to Healey’s survey, it’s no easy task for IT when it comes to the technical either.
The Electronic Data Interchange (EDI) standards have been around since 1980, starting with invoices and orders, but they have evolved and expanded into much more. There are [...]
In my previous post I discussed the cloud in terms of its most salient benefit: Information sharing.
There’s no question that sharing data will improve relationships with customers and suppliers. As companies go from the cost-cutting that was prominent in the recession to growth, data sharing should be the main driver to opening new markets, winning [...]
In the business world, you hear many interpretations of what “the cloud” truly represents for a supply chain. Software as Service. On Demand. Business Process Outsourcing, etc.
When you discuss value, the response most often given by business leaders is cost, specifically no capital expenditures and only paying for what you use. Others think the value lies [...]
Whether your organization is using eSourcing, paper-based sourcing or just simply a review of paper catalog data to determine what vendors you will select indirect goods or services from, there is the potential for spend leakage in your processes.
Many companies execute well-thought-out sourcing strategies in order to achieve best-value outcomes for their organizations, but after [...]
Continue reading about Maximizing the Value of Sourcing Efforts in Electronic Catalogues
In the ever changing technology of supply chain management, you hear terms like E-sourcing On-Demand, Procure to Pay, Spend Intelligence and SaaS SRM thrown around quite frequently. But mention the term “Archiving” and you’ll likely get a glazed look and a shrug along with mental images of dark shelves and silos collecting dust in some nameless [...]
Is the “lean” supply chain movement that started with the recent world wide recession increasing the overall supply chain risk exposure?
There was good reason as the world economy plummeted to create supplier oversight and quality management processes with the ultimate goal of reducing spend as much as possible. But as the economy recovers, the new [...]
Continue reading about Is the Traditional Supply Chain Dead?
There is a growing consensus around the world that supply and reverse-supply chains should not only be managed efficiently but also achieve sustainability of the global environment.
Companies such as IBM, Hewlett-Packard, Xerox, and Body Shop International have been involved in green-manufacturing (production-remanufacturing), green-marketing (remarketing), and green-logistics. Now with more requirements from governmental legislation and regulation [...]
Continue reading about Going Green and Profitability Aren’t Mutually Exclusive These Days
In the previous installments, we’ve looked at how you can prepare for an upswing in your business by evaluating your partners and the people who work for you. Make no mistkaes, those are two very important pillars in the process, but I think you also need to validate that you have the right information technology, physical [...]
Continue reading about Are You Prepared for an Upswing in Your Business? Part 3 – Infrastructure