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'A real option is “a right – without an obligation – to invest resources (e.g., labor, money, time) toward a course of action at a future point in time” ( McCarter et al., 2011 ). SCM applications of real options are scarce. In their illustrating HBR article, It may be cheaper to manufacture at home , de Treville and Trigeorgis (2010) argue that supply chain managers “typically rely on the discounted cash flow (DCF) model to help them value the alternatives” H
'As all of you who’ve been working in the logistics and supply chain management space, systems serving this market have become plentiful and diverse. Recently I have been contemplating developing what I would call the SCM Systems Functional Continuum, but given my new role who knows when or if I’ll get the time. In the interim I came across the below SCM IT Systems Subway Map which is the best diagramatical representation of the SCM space systems complexity I’ve see to date.
Procurement leaders are at a pivotal moment. With CPOs playing an increasingly strategic role, it’s time to leverage innovation and technology to drive resilience and efficiency. Download The 2025 Annual ProcureCon CPO Report to uncover key insights to thrive in a dynamic procurement landscape. What’s Inside: How CPOs are driving strategic decision-making and technology adoption The top priorities and challenges for procurement in 2025 Why AI, sustainability, and data analytics are essential for
'After a dark period of retrenchment caused by the economic downturn of 2008-2009, automotive companies across the globe are now investing to solve some of the most interesting challenges in supply chain management. Despite significant investments and improvements over the years, these challenges remain in most automotive companies. Renewed energy and leadership within automotive companies are now teaming with technology and process advancements to address these challenges and unlock billions of
'The World Economic Forum is “an independent international organization committed to improving the state of the world” That’s ambitious. The Forum’s Global Agenda Council on Logistics & Supply Chains , which meets virtually and at the annual Summit on the Global Agenda in the United Arab Emirates, has just published its second annual report.
I’d sworn off reading on Management and CSR the moment I graduated from BSchool. Life’s too short – I should be catching up on ‘genuine’ literature. So when Pierre-François Thaler, co-founder of EcoVadis, told me that for the company’s 5th anniversary , we’d be handing out John Elkington ’s latest book on Sustainability, I let slip a little frown of disapproval.
'The luxury shopper is back and spending. Macy’s, Saks Fifth Avenue, Nordstrom and Home Depot all reported sales increases in the 4th quarter and all were focused on higher-income customers. According to a recent New York Times article on the strong profits of high-end retailers, Saks Fifth Avenue was selling items like fine jewelry, fragrances and men’s accessories with a historically high-margin rate and reduced promotional activity.
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'Research revolves around theory. Hereby, the role of researchers is twofold: Researchers can either start with real-life observations and produce a set of propositions that summarize a new theory (inductive theory building), e.g., using grounded theory research , or start with an existing theory for formulating hypotheses and use data to test them (deductive theory testing), e.g., using structural equation modeling.
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