In 2017, a strategy consultant was hired to do a top-to-bottom assessment of the Boston University procurement program. They recommended a change in leadership. Randall Moore was hired as the new chief procurement officer in May. He took the job after receiving assurance from BU’s chief financial officer that there would be sufficient headcount where […]
5000 developers are working on product enhancements and extensions to the SAP spend management suite. This is the largest area of investment for the company outside of ERP. With that level of investment, one would expect an aggressive product buildout. At SAP Spend Connect Live, held October 14-16 in Las Vegas, SAP did make several […]
President Obama signed the Affordable Care Act into law in 2010. The new law meant that the way medical systems operated had to change. Expanded health insurance coverage led to increases in the demand for care. The ACA led to a move away from fee-based services and toward compulsory value-based payment initiatives. This lowered hospitals’ […]
PUMA SE (PUMX: GER), with revenues of €8.6 billion in 2023, is one of the world’s leading sports brands, designing, developing, selling and marketing footwear, apparel and accessories. PUMA is working to improve its environmental, sustainability, and governance performance. For example, by 2030 PUMA – headquartered in Herzogenaurach, Germany – wants to reduce absolute Scope […]
For 20 years, Boeing has engaged in collaborative product development with a significant number of suppliers. The outsourced R&D, in turn, supported outsourced manufacturing with over 50 key suppliers. These suppliers, in turn, outsourced various parts of the modules they produced to their suppliers. Historically, Boeing was vertically integrated – the great majority of product […]
Suppliers are facing increasing pressure from the buyers of their goods and services to report their environmental, social, and governance data. As corporations announce plans to be Net Zero across their end-to-end supply chain at some point in the future – often 2050 – they then need their suppliers to participate in helping them meet […]
If I was asked to vote for the most interesting solution set that has come to the fore over the last few years, my vote would be for supply chain risk management solutions. AGCO Stayed Nimble during the Pandemic For AGCO, a public company with over $11 billion in revenues, a supply chain risk management […]