The Supply Chain Management Category

Bringing Supply Chain to 100,000+ Students by 2020: Talking to APICS’ Cheryl Dalsin (Part 2)

This is Part 2 in a two-part interview with Cheryl Dalsin, director of APICS’ Supply Chain STEM Educational Outreach Program. In the first half of the interview, we spoke with Dalsin about how the program began with a simple activity on lemonade she did in 2011 with her daughter’s first grade class. The program then expanded, rather serendipitously, through word-of-mouth, while Dalsin was working at Intel. Now she's at APICS, which sponsors the program.

Supply Chain Management for the K-12 Crowd: Talking to APICS’ Cheryl Dalsin (Part 1)

Ask children what they want to be when they grow up, and you’ll get answers ranging from astronaut to teacher to president — but, let’s be frank, it’s not that wide of a range. You probably haven’t heard a child say, “I want to be a supply chain manager when I grow up!” As APICS Director of Academic Outreach Cheryl Dalsin points out, part of the reason is that many adults haven’t heard of supply chain careers either, and it may be more a matter of name recognition than understanding what the profession does.

Deriving Competitive Advantage from a Sustainable Supply Chain

Spend Matters welcomes this guest post from Suhas Apte and Jagdish Sheth, authors of The Sustainability Edge: How To Drive Top-Line Growth With Triple-Bottom-Line Thinking.

The focus of supply chain management has historically been cost reduction and risk management. Therefore, much time tended to be spent on maintaining transactional supplier/buyer relationships that entail dictating supplier policies and mandating supplier compliance auditing. Doing so has only ensured that businesses become incrementally “less bad.”

Blockchain Technology & The Reformation of Procurement as We Know It

Spend Matters welcomes this guest post from Thomas Cherian of GEP.

The reality of blockchains becoming the basic building block of tomorrow’s connected world is fast approaching. According to some, that day has already arrived. A lot has happened over the past year regarding the revolutionary concept of blockchains, which are expected to store an estimated 10% of global GDP in its network over the next decade.

Beware the 4IR and AI — Or Should Procurement Embrace It?

The myriad technological and security risks posed by hacking flow all the way from sensitive government agencies on down to less sensitive national political committees, to corporations and even internal departments such as procurement… and the Internet makes it all possible.

I’m reminded of how everyone viewed the Internet — certainly by the time the year 2000 was coming around, but especially earlier in its nascent consumer-facing days in the mid-1990s, when the talk surrounded regulation — much as we’re talking about the Fourth Industrial Revolution (4IR) and artificial intelligence (AI) today.

riskmethods: A Unique Risk Management Solution for Manufacturers — Year-End Tech Review

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This post is part of our 2016 Year-End Procurement Tech Review series, in which we offer procurement practitioners a bird’s-eye view of key vendors and their solutions in select categories. This week, we’re highlighting companies in the risk management and spend analytics spaces.

Riskmethods, which Spend Matters estimates is the fastest-growing supply chain risk management provider, is more than just a cloud-based provider of supply chain risk management software. It is a new type of supply chain intelligence utility. While the provider is still too small to have a solution that is “going viral,” its growth rate is significant relative to all other vendors in the sector and also a bright spot on the broader procurement and supply chain technology market.

Webinar: Managing Supply Chain Risk — A Sporting Story from Titleist

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Only two weeks to go until our webinar with riskmethods. The supply chain risk management provider’s software identifies risk along global supply chains, assesses the risk impact and defines appropriate and focused measures for risk prevention or crisis mitigation. The firm is the perfect partner for our upcoming webinar, titled “Keep your enterprise out of the rough: How Titleist built transparency and increased resilience into their supply chain.”

How ISO9001 Can Help Transform Procurement and Supply Chain

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I know what you’re thinking: How can ISO9001 be transformative rather than a hindrance? Of course, you might also be asking, “What the heck is ISO9001?” Let me explain. ISO9001 is a standard that spells out the requirements for a “quality management system” that companies use to show their customers that they can systematically meet their requirements. A quality system is basically about saying what you do and doing what you say.

Supply Risk and Compliance are Disconnected — That’s a Problem and an Opportunity

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So, you’re stuck in the supply risk swamp and bogged down by compliance regimes. And you know there is waste everywhere and opportunity all around. So, as a supply professional, what should you do? You need to align risk management and compliance management with not just each other but with performance management (including continuous improvement) — and tie them all into your value chain processes. As those processes go upstream and external, this is where procurement and supply chain groups feel this problem — and need for alignment — more than anyone in the enterprise.

7 Secrets to Creating Supply Risk Management Leverage [PRO]

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As recent events such as Hanjin Shipping’s bankruptcy, the Zika virus and the East Coast oil disruptions have demonstrated, supply risk management is more important than ever. Yet trying to implement supply risk management as a standalone program is often a tough affair for companies where the modus operandi is unprotected “supply reward management.” All too often, organizations view risk management as a glorified insurance policy instead of as a strategy integrated with the rest of the business.

This is a mistake. Risk and reward can work together to create true win-win situations for both suppliers and the business. In this Spend Matters PRO analysis, we share seven strategies that leading supply chain organizations have found to be successful.

Understanding the KellyOCG Talent Supply Chain Maturity Model

Earlier this year, we had the opportunity to attend the annual KellyOCG Analyst Day and write about it. One of the main points driven home at Analyst Day and elsewhere was the emphasis on “talent supply chains” in the KellyOCG client engagement strategy. At Analyst Day, something called the KellyOCG Talent Supply Chain Maturity Model or TSCMM was mentioned, but not discussed in detail. Spend Matters therefore followed up to receive a specific briefing on TSCMM.

What Traditional Retailers Can Learn From Amazon About Inventory Management and Technology Adoption

Many traditional brick-and-mortar retailers are not using updated technology solutions for inventory management and other back-office processes despite growing demand to do so. Consumers are becoming more savvy, using technology and mobile devices and demanding omnichannel experiences. For example, they want a higher level of product information and are checking a retailer’s website to determine if a specific item is available at a nearby store. Yet a new report from AGC Partners that identifies top trends as well as disruptors in the retail industry shows traditional retailers are falling behind in consumer demand and may be able to learn a thing or two from specialty online retailers and online marketplaces like Amazon that appeal more to customers’ shopping habits.