With the run up in product recalls and food concerns last year, product quality and supply risk management have captured the attention of the C-suite and the general public. Supply managers have an opportunity to leverage this crisis to boost their brand in the organization and help their companies turn the strategic balancing of cost, [...]
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January 28th, 2008 | Posted in Best Practices, LCCS and trade, Sourcing, Supply Management, supply market dynamics, supply risk
Even though it’s a topic the doctor mentions regularly (see AMR’s 7 Supply Chain Best Practices, and Procurement Lead Time Optimization, and The Benefits and Risks of Global Product Development, for example), it’s something that he rarely dedicates a post to. However, since, Supply and Demand Chain Executive recently published an article by Heather [...]
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January 27th, 2008 | Posted in Green, Manufacturing, Strategy, Supply Chain, sustainability
The latest issue of The Economist, not wanting to be outdone, just ran a number of articles on sustainability that are, at the very least, worth a mention. Today we tackle the last five.In do it right, we are reminded that the industry has been more or less shaken into adopting CSR policy, that [...]
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January 27th, 2008 | Posted in Supply Chain, sustainability
Pinky and the Brain They’re Pinky and the Brain Yes, Pinky and the Brain One is a genius, the other is insane They’re advertising guys Their mind is on the prize They’re dinky They’re Pinky and the Brain, Brain, Brain, Brain, Brain, Brain, Brain, Brain, BrainBefore each night is done Their plan will be unfurled [...]
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January 26th, 2008 | Posted in Sourcing-Maniacs, humour
The Sourcing Grid is one of those concepts that is often talked about and, even more often, draw on dry erase boards and notebooks across the land. I was happy to see SCDigest publish a version from Dr. Ed Marien, professor emeritus at the University of Wisconsin. His version is available here:
Determining which [...]
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January 25th, 2008 | Posted in General, Supply Management Best Practices
Over on Spend Matters, Jason Busch gave us a teaser when he asked how green / sustainable procurement will play in a recession. According to Jason, while it would be easy to dismiss green and sustainable procurement practices as a luxury for companies to invest in when times are good, I actually believe that [...]
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January 25th, 2008 | Posted in Miscellaneous, sustainability
Continuing on the topic of Supply Chain Finance (SCF), Aberdeen provides actions for companies based on their best-in-class status as highlighted in the report, “The 2008 State of the Market in Supply Chain Finance,†Table 2 below allows you to determine where your organization fits:
When a company sets out to improve its SCF practices, having [...]
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January 25th, 2008 | Posted in Best Practices, Supply Management
The latest issue of The Economist, not wanting to be outdone, just ran a number of articles on sustainability that are, at the very least, worth a mention. Today we tackle the first five.In how good should your business be?, the article points out that corporate social responsibility has limits and asks if the [...]
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January 25th, 2008 | Posted in Supply Chain, sustainability
Alan Buxton of Where Next threw another post into the sustainability debate, reminding that auctions are only sustainable if used properly. Done wrong, they can force suppliers to lower their prices to such a degree that they risk being driven out of business (bad for economic stability) and incentivize suppliers to cut corners in [...]
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January 24th, 2008 | Posted in Miscellaneous, sustainability
In Aberdeen’s latest report “The 2008 State of the Market in Supply Chain Finance,†the firm seized the opportunity to help organizations embrace SCF programs and the promise of savings and improved financial supply chain efficiencies. The problem to date for organizations is the lack of best practice examples and specific guidelines for the corporate [...]
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January 24th, 2008 | Posted in Best Practices, Supply Management