Buyers Meeting Point procurement by Kelly Barner

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Book Review: Supply Chain Construction

Book Review: Supply Chain Construction

This supply chain is the bridge between the customer needs of a market segment and the value-added of a product. If we can’t connect the two, then we have a show stopper.” (p. 4)

Supply Chain Construction: The Basics for Networking the Flow of Material, Information, and Cash by William Walker (CRC Press, 2016) is an impressive work that combines exhaustive supply chain planning considerations, processes, and figures with a narrative that keeps all of the information provided firmly rooted in reality.

I met the author in person at the February 2017 ISM Economic Forum in NYC where he participated in a panel discussion I moderated. Although Bill is an adjunct professor of supply chain engineering at NYU, the book is far from academic. It illustrates critical business principles through plausible real life examples that make their lessons easy to understand and recall long after reading them.

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Book Review: Introduction to Global Logistics, 2nd Ed.

Book Review: Introduction to Global Logistics, 2nd Ed.

 If you feel surprised that you missed the first edition of Introduction to Global Logistics: Delivering the Goods 2nd Ed., by John Manners-Bell, you’re not alone. I was puzzled by the same thing. If the first edition came out in 2014, how could I possibly have missed it? I didn’t - and maybe you didn’t either. The title of the first edition book was Global Logistics Strategies: Delivering the Goods.

Title and edition questions notwithstanding, this book provides considerable updates and new content. There are three completely new chapters, as well as an updated preface. Since I reviewed Global Logistics Strategies (you can read it here) I focused my time with the 2nd Ed. on the three new chapters:

Chapter 12: Supply Chain Technologies

Chapter 16: Supply Chain Innovation and Disruption

Chapter 17: Ethical and Sustainable Supply Chain Strategies

 

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Building a feeder program for supply chain

Building a feeder program for supply chain

Many professions have minor leagues or feeder programs. In sports, it starts with kids playing sports in their schools or town leagues. Eventually some progress to college, minor league and perhaps event to the professional level. In academics, there is a feeder program for science and technology, called FIRST, the brain child of Dean Kamen. Utilizing a robotics game, students learn fund raising, marketing, communication, innovation, engineering and team work. It now is in thousands of middle schools and high schools all over the world.

In business, there is the Junior Achievement program that was founded in 1919. Their mission is turning the kids of today into the entrepreneurs of tomorrow. This program starts with 5 year olds and goes through high school, setting the students up to compete in a global environment.

For myself, I stumbled into a career in procurement and supply chain through a series of events. I know that is the same for some of my colleagues as well.

This week’s blog discusses a feeder program for supply chain. With a talent gap that is growing, it is exciting to see such programs exist. Robert Bowman, of Supply Chain Brain, writes an article titled “Teaching School Kids about Supply Chain”.

The program starts with students at the lowest levels and is planning to go through high school. They work with projects such as a lemonade stand, pizza manufacturing and paper airplane modelling. They learn about planning, customer service, problem solving, and math skills to name a few. It is really catching on and has the potential to become the feeder program for the next generation of supply chain professionals.

Did you do anything like one of these feeder programs in your early years? Are there any others that you would recommend?

Share your thoughts by commenting below or tweeting us @BuyersMeetPoint.

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A Penny Saved is a Penny Earned

A Penny Saved is a Penny Earned

One summer, I saved up all my earnings in order to buy a special bike. It was something I had wanted for a very long time and meant that most of that summer, I focused on the prize and did not spend anything without serious consideration of the consequences. I have taken very good care of that bike and still have it many years later. Certainly I was saving every earned penny!

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