Category: Supply Chain Management

Quartz: A Clothing Designer Explains the Cost of Clothes

In case you missed it, Quartz had a good piece on the garment cost structure of U.S.. fashion label Elizabeth Suzann. It’s well worth a read to understand the elements of the garment value chain. Some excerpts: Pape’s story offers a justification of her company’s pricing, of course, and not every business making expensive clothes operates like

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A Quantitative Approach for Valuing and Managing Procurement Cost of Risk

One of the most debated topics today in procurement is the issue of risk. The majority of the articles and guidance given to Chief Procurement Officers (CPOs) on this topic focus on trying to avoid future risk costs that would be generated by, say, shutting down production because a critical supplier went out of business

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Uber’s Brave New World: What Happens When Your Manager Is an Algorithm

On Tuesday night, I participated in a discussion panel at the University of Maryland on current and future innovations in Supply Chain Management (SCM). While most of the topics we discussed were positive developments, I did warn that some SCM advances have aggressive characteristics, by which I mean that they have the capacity to harm certain human populations that they affect. I

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Welcoming the “Circular Revolution”

  There is an interesting post by Frans van Houten (CEO of Royal Philips) on ProjectSyndicate on what he calls “The Circular Economy.” Van Houten makes the point that the world has to move from a “linear” economy in which products are produced, consumed and then discarded to a circular model in which the full

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Fashion Supply Chains: It’s Time to Change the Model Once and For All

A NY Times article yesterday once again she light on the systemic problems across the supply chains that produce most of the world’s clothing. The article, by Jim Yardley, notes that almost a year after the horrors of the Rana Plaza disaster, the industry has done little to address the real risks that are endemic

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New Article Preview: “The Role of the CFO in Supply Chain Management”

I have a new article coming out in Corporate Finance Review on the roles the CFO and the Finance organization should play in Supply Chain Management. Here is a preview: Once a subject discussed only by operations, research and logistics specialists, supply chain management (SCM) is now a common topic of conversation with and among

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