Browsing All posts tagged under »supply chain«

Substitute “Solar System” With “Supply Chain” . . .

December 2, 2023

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The words “supply chain” suggest a sequential and orderly process, e.g., what many people think. How Supply Chains Actually Work Rather than a chain or chains, we are actually dealing with constantly evolving supply networks that, albeit somewhat synchronized, have different paths or trajectories of their own. What would happen if the planets’ orbits changed? […]

When Does A Five Cent Part Cost You A Million

November 15, 2023

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Based on my research – including feedback from practitioners, here are the three main challenges manufacturers face today : Why am I sharing this information with you? There are two reasons: There is also a third reason. Over the past few weeks, I have had an increasing number of service providers, consultants, and practitioners reach […]

Beyond Onboarding Continued . . .

October 8, 2023

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Dr. Thierry Fausten • Chartered MCIPS | Procurement & Supply Management Advisor | Exclusive Country Partner CIPS for Business | Speaker | Trainer | Teacher Thanks for hightighting this article, Jon W. Hansen. Even though it looks more like a commercial than the kind of thought leadership Kate Vitasek is used to delivering. I extend […]

This picture proves it: Procurement and supply chains are everywhere

October 3, 2023

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In another example of a picture being worth a thousand words, in the past, my children have asked me to explain what procurement and supply chains do beyond a conceptual basis. In short, they know it is about moving stuff from one point to another, but what does it really mean to them. Because chance […]

How will AI impact your supply network continuity panel discussion with MIT’s Maria Jesus Saenz, Spend Matters’ Jason Busch, and The Hackett Group’s Chris Sawchuk

September 7, 2023

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How will AI impact you?

Today’s “Rubik’s Cube” Quiz: How much would these same “basketball boots” cost today?

September 4, 2023

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Besides inflation, why are consumer prices much higher today than in the past?

Do you agree with this view of procurement?

September 2, 2023

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What is the underlying message of this post?

Is Procurement Up To The Challenge – Really!?!

June 15, 2023

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Is procurement up to the challenge - what does this picture tell you?

Understanding Risk Management in 30-Seconds (Video)

March 29, 2023

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Take 30 seconds . . . Video Part 1 of 2 - the reaction when talking about managing risk. Video Part 2 of 2 - what happens when you ignore risk management.

The Very First Blog Post

March 10, 2023

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What was the topic of your very first blog post? (share the link in the comments).