Category Archives: Chap 05 Supply chain

How external factors affect procurement

All aspects of operations management can be affected by external factors, outside the control of the firm.  That is why we talk about these at the beginning of our book.  This Achilles article provides a specific example of this by … Continue reading

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Algo Retailing

If you’ve not heard of this already, you soon will… “Algo Retailing” is short for Algorithmic Retailing, which in turn is short for retailers analysing big data using AI and machine learning.  Tata Consulting and the Sloan Management Review have … Continue reading

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How procurement is being transformed by start-ups

This article from Oliver Wyman identifies that start-ups are having a significant impact on i4.0.   Much of the disruption and transformation has been driven by them.  But an area not often explored is the effect they are having on … Continue reading

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Can “fast fashion” be part of the circular economy?

This piece from edie.net is interesting for two reasons.  First, it demonstrates how public policy may influence operations.  Second, it highlights how business models may have to change if they are to be part of the circular economy (blogged about … Continue reading

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Procurement, risk, digital, cost reduction, new product development….

Fascinating video from Deloitte reporting on their 2017 survey of Chief Procurement Officers.  In four minutes it manages to illustrate the complex interaction between strategy, operations and the supply chain, and the potentially central role procurement has.  To my mind, … Continue reading

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Ethical supply chain practices

Apple has been recognised for its efforts to stop labour malpractices, including slavery, along its supply chain, as explained here.  It has adopted a number of initiatives: initiated robust audit procedures of suppliers placed bans on contractors who force employees … Continue reading

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The digital supply chain

This video from PwC explains how supply chains can be reconfigured to speed up deliveries to consumers operating in a digital world.

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Managing risk during the procurement process

The U.N. have a Procurement Practitioners Handbook.  One of the chapters is devoted to risk management (here).  It usefully includes a table which identifies the nature of risk, possible consequences, and what to do about it across the following stages … Continue reading

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Offshoring – comparing the two alternative models

Many large operators have offshored some of their production capability.  There are two basic ways of doing this – either outsource it to a supplier or set up your own ‘captive’ operation.  In this article on the IBM Electronics Industry … Continue reading

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B2B Elements of Value – another way of thinking about how to win customers

Bain and Co. have an interactive infographic that identifies and explains what they call the 40 B2B Elements of Value.   I share it with you here for a number of reasons… in our book we focus on the concept … Continue reading

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