The University of Tennessee’s supply chain program continues to add to its accolades – most recently being ranked #2 in Gartner’s list of the top supply chain undergraduate programs for 2022. Gartner ranks universities on three main evaluation criteria: • Program scope (40%) • Industry value (40%) • Program size (20%) Gartner’s Top 25 list is as […]
From the Blog
Everyone, it seems, is searching for answers on how to improve supply chain processes, especially in the post pandemic world. The pandemic exposed long-standing supply chain challenges, and APQC has identified the major obstacle blocking supply chain improvement: lack of collaboration. This is no surprise to me because I’ve been banging the collaboration drum for […]
If you are a negotiation geek, and like to read about the wonderful and often intense world of getting your negotiation right, check out my top five favorite books for negotiating great strategic business relationships, published last week by Shepherd. Shepherd’s mantra is to “discover the best books,” and when they reached out to ask me […]
Procurement organizations often see challenges in the P2P (procure to pay) process that stem from unclear roles, an overly complex process, or uncertain service channels. But the good news is that the steps, strategies, and tools outlined by ScottMadden come directly from successful procurement transformations across a wide range of organizations and industries. Following these […]
Vested gets traction in IT.
In 2016 the Belgium Telco provider Telenet began what it thought would be a six-month strategic review of the changing landscape of commoditization and digitization in the industry and how that impacted Telenet operations. The review also assessed the company’s core competencies to determine areas to consider for more strategic outsourcing. Telenet realized the benefits […]
A hallmark of a Vested agreement is that it is a formal relational contract. This means putting the relationship first and co-creating a formal Shared Vision that codifies the Guiding Principles for the partnership. In other words, a shared vision is the relationship’s destination, and the jointly negotiated Guiding Principles is the GPS. You need […]
As we leave what amounts to the second year of the Covid-19 pandemic, is it safe to even say “post-pandemic”? I suggest a better title would be “Living with a Pandemic Era New Normal”.
As Seth Godin says in a recent blog, “the next big idea” does not have to be fully original or have no competition. Actually, ideas and innovation often build upon each other. As Godin notes, “Henry Ford didn’t invent the car, and there were plenty of social networks before the dominance of Facebook. Madam CJ […]
No, not the delicious edible kind, but doughnut economics. The Doughnut, or Doughnut economics, is a visual framework to illustrate sustainable development. The doughnut shape combines the concept of planetary boundaries with the complementary concept of social boundaries. The name derives from the shape of a diagram, i.e., a disc with a hole in the middle. The center hole of the model […]