March-April 2015

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March-April 2015

Anyone who’s ever bought a house knows the realtor’s motto: Location, location,location. It’s the most important factor in determining the value of a property. Based on the press releases that come across my desk these days, supply chain’s motto is: Innovate,innovate, innovate. This issue includes approaches to inventory optimization, contract management with third party logistics providers and contract manufacturers, and the Goldilocks approach to supply management—an innovative concept aimed at keeping your procurement department from running too hot or too cold.
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4

E-Commerce Innovation Needed by Retailers

Last summer I wrote a column titled “Holiday e-Commerce: Innovation Required” (SCMR Jul/Aug 2014). In it, I delved into the causes of the substantial late deliveries that…
6

Why One-Size-Fits-All Supply Chains Frustrate Innovation

While it is true that supply chains are key for sustained innovation in a company, it is also true that all innovations are not the same.
8

IBM Study Points to New Value Proposition

Working with research partner, The Economist Intelligence Unit, the IBM Institute for Business Value surveyed 1,023 global procurement executives from 41 countries in North…
10

The Five Key Components for Supply Chain Innovation

Organizations are looking to their supply chain partners to create innovative processes and solutions that span the supply chain and lead to a real competitive advantage. But,…
18

How They Did it: Supplier Relationship Management at Raytheon

Raytheon is on a mission to be the Customer of Choice and earn preferential treatment from its suppliers. To get there, the defense contractor is looking to a Supplier Advisory…
24

Demystifying Inventory Optimization

Inventory optimization is often intimidating and frustrating. Once the most common barriers are removed, however, optimized inventory across the supply chain is easier to…
32

Subscription-based Supply Chains: More than a Niche Online Play

Companies as diverse as Amazon, CVS, and Petco are rolling out subscription based programs to build customer loyalty. Doing this successfully calls for a supply chain that is up…
38

Put it in Writing: Sharpening Contracts Management to Reduce Risk and Boost Supply

Having great performance from an outsourced supply chain is really not possible without a strategic approach to contracts management. Similarly, true supply chain security…
46

Not Too Much—Not Too Little: Fostering a “Goldilocks”  Procurement Strategy

If managed just right, procurement can yield a long-term competitive advantage. Although it is tempting to exploit procurement’s competitive “levers” to the fullest,…
53

Supplier Power: The New Competitive Differentiator

For leading companies, supply management is not just a way to cut costs—it’s a strategic capability.
70

IT Risk Mitigation is Still a Work in Progress

For real results, organizations should implement supply chain risk management practices.

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