By now, Supply Excellence readers know my stance on the critical importance of sustainable supply strategies. Over the past year, I have littered these virtual pages with case studies of how industry leaders have embraced environmentally and socially responsible sourcing and supply management practices. (Thankfully, no trees were killed in the process of these writings.)
The [more]
Entries from June 2007
Misfi(RED)?
June 15th, 2007 · 1 Comment · best practices, enviro/social sustainability, supply management, supply risk
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Future Shock: Avoiding the Hazards of Spend Analysis
June 14th, 2007 · No Comments · Supply Management 2.0 Forum, best practices, spend analysis
“It all starts with spend.”
That’s how Hess Corporation Supply Chain Leader Carl Tatum summed up his company’s current supply management transformation initiative at the Supply Management 2.0 Forum in Houston last week.
Unfortunately, like most companies, Hess has relied on a mish-mash of automated tools and manual processes to aggregate and analyze its spending. This [more]
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Are You a Customer of Choice?
June 13th, 2007 · 2 Comments · Supply Management 2.0 Forum, best practices, supply management, supply risk
At the final stop on the Supply Management 2.0 Forum in Houston last week, Hess Corporation Supply Chain Specialist Carl Tatum revived the lively debate over the right key performance indicators (KPIs) for supply management success.
“We need something more than year-over-year cost reductions to prove our ROI,” Tatum told the audience of Houston area supply [more]
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Is Detroit the Next Global Sourcing Hot Spot?
June 12th, 2007 · 3 Comments · LCCS and trade, automotive sector, sourcing, supply risk
When I first suggested that a declining dollar and aggressive offshoring by domestic companies could turn the U.S. into the next low cost country, many of you shrugged me off as some crackpot protectionist.
Now the ever profound Bo Andersson, Group Vice President of Purchasing for General Motors, is saying that “with a weaker U.S. dollar, [more]
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Inflation Woes to Get Worse
June 8th, 2007 · 2 Comments · costing, supply market dynamics, supply risk
A Wall Street Journal cover story earlier this week warned of inflationary indicators around the globe, including near-capacity production operations in Europe and double-digit wage increases among both laborers and service providers in China and India. The article quotes former IMF Chief Economist summing the current supply market situation this way, “Markets have gotten used [more]
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