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  • The Global Economy, Q&A with Jason Schenker, Prestige Economics, LLC - SCM | Supply Chain Resource Cooperative (SCRC) | North Carolina State University
    concept that the global supply chain works like that where some folks I talk to in finance they see China kind of as its own thing floating out there and not necessarily as integrated So just keeping in mind how the global economy is integrated that s really important Another thing that s important is some raw materials risk at the end of the year Even though we saw sluggish growth globally this year global oil demand growth was strong And you re seeing a lot from emerging markets You have very low penetration of per capita oil consumption and very low penetration of per capita automotive ownership So people are buying more vehicles They re consuming more oil They re consuming more power They re buying other goods And while it s not as big as the end markets out of the U S and the Eurozone you are seeing more endogenous growth in those emerging markets So that s driving the cost of raw materials While they might not be buying luxury goods or finished goods you re seeing a broad purchase of some of them what we would consider to be the most basic necessities from a physical goods ownership standpoint So that s going to drive a lot of those raw materials costs I think especially at the end of 2013 You need to be aware of that Right now also the petroleum product markets are very tight So diesel demand is going to be a big thing Diesel inventory heating oil inventory that runs the risk of fuel costs to be higher for transport These are things that need to be kept in mind And the other thing aside from the global supply chain and knowing not only how the global economy works but knowing your own company supply That s really important Knowing about raw materials costs and how that s going to affect you that s really important And then the last thing I d say is keeping in mind how important it is to be watching costs and doing something like a cost leadership project where you re looking at non commodity spending We ve talked about commodity expenditures but looking at the non commodity spend areas trying to address those trying to make sure you ve got best practices in place These things are critical It s always a good time to address these issues You know a penny saved is a penny earned And that s really important to keep in mind especially now when margins are tight and growth is kind of sluggish Anything you can do to push those costs lower to improve your bottom line that s going to be huge for the companies that can do that The thing is Rob even in a tight market even in industries that are struggling there s always one company that comes out on top Even in industries that are going to go through consolidation because of high costs because of other challenges because of disruptions in their supply chain the company that can manage those costs best will be the one that comes out on top And that s why procurement and supply chain focus is so critical because that can help companies get to the top Advice for Those Going Into Supply Chain Rob Handfield Co Director of SCRC I couldn t agree with you more Jason I think one of the things that we have in our program here we cover a topic called supply market intelligence where students actually work on projects trying to understand what are the cost drivers trying to forecast pricing raw material costs service costs and building market intelligence above these categories that companies are using to make decisions in procurement and logistics and sourcing and what have you And I think one of the points you made in your presentation was that that age group of 18 to 24 year olds is one of the highest unemployed groups in the country And this is a real problem What would be the advice you would give to people that are in that age group that are either thinking about coming to NC State or thinking about a career in supply chain management What would be the advice you would give to them in terms of things that you think would be important for them to think about Jason Schenker Prestige Economics LLC You know Rob I give a lot of presentations like the kind I gave today here at NC State s SCRC And I have a lot of folks who ask me this question A lot of students come up to me and say what do I need to do And I would say the same thing And I would say you need to be hungry It s a tight global market and anyone who s watching this you have to know in this market that if you are not hungry you will not eat And by that I mean you have to have a real hunger You have to really show employers you want it In the career that you have you really have to dig in A lot of folks talk about young people today they re not willing to work for it da da da da da I think this has always been said about young people But the truth is if you re really willing to work for it and you work really hard and you really push you really have the hunger that s what employers want to see More than anything a future employer wants to see you want that job You re hungry for that job and that you re really going to bring it all to the table It s really important Number one thing I can tell you Now when we talk about education as one of those steps to the processes to getting a job this is a great place

    Original URL path: https://scm.ncsu.edu/scm-articles/article/the-global-economy-qa-with-jason-schenker-prestige-economics-llc (2016-04-30)
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  • Global Chemical Industry Analysis: Sustainability Industry Report Spring 2013 - SCM | Supply Chain Resource Cooperative (SCRC) | North Carolina State University
    chemical industry consists of a very diverse and complicated range of products In terms of revenue it is one of the world s largest markets The majority of consumer products that are used every day have at least some tie to the products of the chemical industry There are a few large players with a lot of smaller specialized companies Across the chemical industry expected worth is estimated to be around 3 trillion per year with relatively flat revenue growth in the EU and US The compound annual growth rate CAGR over the five years spanning 2006 2010 has been 5 At the low end Europe only grew at about 1 in 2010 with Asia representing the region with the largest CAGR at 10 in 2010 From the years 2010 2015 the chemicals market is expected to gain momentum and is forecasted to grow at a 8 compound annual growth rate The chemical market is recognized as being divided into five distinct segments base con sumer pharmaceutical specialty and fine and agriculture chemicals The base chemicals segment consists of the largest of the five with 41 of the total value A far second pharmaceuticals comprise of about 28 The remaining 31 is split between the remaining three segments The segmentation of the geography of the chemical industry overwhelmingly resides in the Asia Pacific region In 2010 the Asia Pacific accounted for 46 of the industry The remaining is split mostly between the Americas and Europe with 28 and 25 respectively Very little is found in the Middle East The majority of the raw materials or ingredients in the chemical industry are derived from oil and natural gas Therefore prices of the products fluctuate greatly according to the supply and demand of these inputs The threat of substitutes is very low

    Original URL path: https://scm.ncsu.edu/scm-articles/article/global-chemical-industry-analysis-sustainability-industry-report-spring-201 (2016-04-30)
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  • Supply Chain Sustainability Articles - SCM | Supply Chain Resource Cooperative (SCRC) | North Carolina State University
    Supply Chain Sustainability Supply Chain Sustainability Reports Labor Human Rights Supply Chain Market Research Aerospace Defense Sustainability Report By Chad Vermillion Jeffrey Behrens Amy Sims Posted 05 03 2013 Overview The Aerospace Defense industry is dependent on large contracts to deliver high end products such as airplanes fighter jets tanks and other high value end item products Since Categories Supply Chain Sustainability Supply Chain Sustainability Reports Consumer Products Sustainability Report Spring 2013 By Posted 05 03 2013 Download the Consumer Products Sustainability Report Spring 2013 Categories Supply Chain Sustainability Supply Chain Sustainability Reports Overview of Industry Sustainability Report Spring 2013 By Posted 05 03 2013 Download the Overview of Industry Sustainability Report Spring 2013 Categories Supply Chain Sustainability Supply Chain Sustainability Reports Sustainability Evaluations Report Spring 2013 By Posted 05 03 2013 Download the Sustainability Evaluations Report Spring 2013 Categories Supply Chain Sustainability Supply Chain Sustainability Reports Sustainable Supply Chain Management Education Entertainment Hotels Temporary Help and Publishing Industries By Trey Antley John Ross Posted 04 15 2013 Executive Summary With increased public attention to sustainability companies are increasingly developing policies and goals related to green practices For some companies the movement towards sustainability has accelerated in the Categories Supply Chain Sustainability Supply Chain Sustainability Reports Labor Human Rights Supply Chain Market Research Aerospace Defense Sustainability Report By Mark Kosbe Robert Pannell Bryan Williams Posted 06 18 2012 Introduction Key Issues Aerospace Defense is an industry dependent on high dollar contracts to deliver high end products such as airplanes fighter jets tanks and other high dollar Categories SCM Features Facts Figures SCM Research SCM Resources Supply Chain Sustainability Supply Chain Sustainability Reports Industrial Manufacturing Industry Sustainability Report By SCRC Team 5 Spring 2012 Posted 06 18 2012 Key Sustainability Issues in the Industrial Manufacturing Industry Construction Industrial Automotive Farm and Miscellaneous Manufacturing Green is popular right now therefore finding more information about environmental sustainability on the company Categories SCM Features Facts Figures Supply Chain Sustainability Supply Chain Sustainability Reports Key Sustainability Issues in the Electronics Industry Sustainability Industry Report By SCRC Team 7 Spring 2012 Posted 06 18 2012 Executive Summary In general we learned sustainability is not as simple as recycling or being green To be sustainable is to look after the environment the people living and working Categories SCM Features Facts Figures Supply Chain Sustainability Supply Chain Sustainability Reports Energy Utilities Sustainability Report By SCRC Team 10 Spring 2012 Posted 06 18 2012 Key Sustainability Issues in the Energy Industry Reliance on coal especially on the east coast Limited suppliers Expense of constructing new Nuclear Plants Issues with current plants Florida s Crystal Categories SCM Features Facts Figures SCM Resources SCM Topics Supply Chain Sustainability Supply Chain Sustainability Reports Food and Beverages Sustainability Industry Report By Ravi Akkinepalli Posted 06 18 2012 Introduction Today Food and Beverages industry is more competitive than ever As the companies in the various sectors compete and grow sustainability becomes a very important concern Sustainability issues in Categories SCM Features Facts Figures SCM

    Original URL path: https://scm.ncsu.edu/scm-articles/all-articles/category/supply-chain-management-sustainability (2016-04-30)
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  • Supply Chain Sustainability Reports Articles - SCM | Supply Chain Resource Cooperative (SCRC) | North Carolina State University
    Categories Supply Chain Sustainability Supply Chain Sustainability Reports Labor Human Rights Supply Chain Market Research Aerospace Defense Sustainability Report By Chad Vermillion Jeffrey Behrens Amy Sims Posted 05 03 2013 Overview The Aerospace Defense industry is dependent on large contracts to deliver high end products such as airplanes fighter jets tanks and other high value end item products Since Categories Supply Chain Sustainability Supply Chain Sustainability Reports Consumer Products Sustainability Report Spring 2013 By Posted 05 03 2013 Download the Consumer Products Sustainability Report Spring 2013 Categories Supply Chain Sustainability Supply Chain Sustainability Reports Overview of Industry Sustainability Report Spring 2013 By Posted 05 03 2013 Download the Overview of Industry Sustainability Report Spring 2013 Categories Supply Chain Sustainability Supply Chain Sustainability Reports Sustainability Evaluations Report Spring 2013 By Posted 05 03 2013 Download the Sustainability Evaluations Report Spring 2013 Categories Supply Chain Sustainability Supply Chain Sustainability Reports Sustainable Supply Chain Management Education Entertainment Hotels Temporary Help and Publishing Industries By Trey Antley John Ross Posted 04 15 2013 Executive Summary With increased public attention to sustainability companies are increasingly developing policies and goals related to green practices For some companies the movement towards sustainability has accelerated in the Categories Supply Chain Sustainability Supply Chain Sustainability Reports Labor Human Rights Supply Chain Market Research Aerospace Defense Sustainability Report By Mark Kosbe Robert Pannell Bryan Williams Posted 06 18 2012 Introduction Key Issues Aerospace Defense is an industry dependent on high dollar contracts to deliver high end products such as airplanes fighter jets tanks and other high dollar Categories SCM Features Facts Figures SCM Research SCM Resources Supply Chain Sustainability Supply Chain Sustainability Reports Industrial Manufacturing Industry Sustainability Report By SCRC Team 5 Spring 2012 Posted 06 18 2012 Key Sustainability Issues in the Industrial Manufacturing Industry Construction Industrial Automotive Farm and Miscellaneous Manufacturing Green is popular right now therefore finding more information about environmental sustainability on the company Categories SCM Features Facts Figures Supply Chain Sustainability Supply Chain Sustainability Reports Key Sustainability Issues in the Electronics Industry Sustainability Industry Report By SCRC Team 7 Spring 2012 Posted 06 18 2012 Executive Summary In general we learned sustainability is not as simple as recycling or being green To be sustainable is to look after the environment the people living and working Categories SCM Features Facts Figures Supply Chain Sustainability Supply Chain Sustainability Reports Energy Utilities Sustainability Report By SCRC Team 10 Spring 2012 Posted 06 18 2012 Key Sustainability Issues in the Energy Industry Reliance on coal especially on the east coast Limited suppliers Expense of constructing new Nuclear Plants Issues with current plants Florida s Crystal Categories SCM Features Facts Figures SCM Resources SCM Topics Supply Chain Sustainability Supply Chain Sustainability Reports Food and Beverages Sustainability Industry Report By Ravi Akkinepalli Posted 06 18 2012 Introduction Today Food and Beverages industry is more competitive than ever As the companies in the various sectors compete and grow sustainability becomes a very important concern Sustainability issues in Categories SCM Features Facts Figures

    Original URL path: https://scm.ncsu.edu/scm-articles/all-articles/category/supply-chain-sustainability-reports (2016-04-30)
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  • High Tech & Electronics Industry: Sustainability Industry Report Spring 2013 - SCM | Supply Chain Resource Cooperative (SCRC) | North Carolina State University
    tainability of this supply chain With no uniform environmental and labor laws governing this supply chain it is very critical for companies in a leadership position to take proactive measures to monitor their suppliers and ensure sustainability of their supply chains in the long run There are also new trends such as cloud computing that are changing the landscape of the computer industry Companies in the computer industry are setting up huge data centers across the world to support their cloud computing needs and this is putting increased focus on the energy consumption at these data centers Several companies have taken a leadership position in using renewable energy sources such as solar and wind to power their data centers as part of their sustainability initiatives We also came across several new initiatives that will be reshaping supply chains in the future One such initiative is the small business supplier connection portal that is being supported by several leading companies in the high tech and electronics sectors By using such collaborative platforms the efficiency of the supply chain can be improved across the board These kinds of initiatives will become critical to maintaining sustainable supply chains The hyper competition in the high tech and electronics industry sector coupled with a global supply chain and shortening product lifecycles is putting increasing pressure on many companies to maximize profits at all costs This can lead to some companies favoring profits over sustainability as described in the tragedy of the commons Hence to level the playing field for all and to provide com panies with added incentive to focus on sustainability initiatives we would recommend a minimum set of global regulations for sustainability that can be meaningfully enforced Methodology and Rating System The framework incorporates assessment about supplier relationship management SRM supply chain management

    Original URL path: https://scm.ncsu.edu/scm-articles/article/high-tech-electronics-industry-sustainability-industry-report-spring-2013 (2016-04-30)
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  • Labor & Human Rights Supply Chain: Market Research Aerospace & Defense Sustainability Report - SCM | Supply Chain Resource Cooperative (SCRC) | North Carolina State University
    sectors The commercial aerospace sector and the defense aerospace sectors The commercial aerospace sector consists of compa nies that produce large commercial aircraft regional aircraft light aircraft such as helicopters and business jets aircraft engines parts and auxiliary equipment and commercial satellites The defense aerospace sector is comprised of companies that produce aircraft engines parts equip ment weapons systems and military satellites Major companies in the sector include Lockheed Martin Northrop Grumman Raytheon Boeing General Dynamics and BAE Systems In terms of Labor and environmental sustainability many organizations in this industry are not primarily driven by the impacts in these areas Due to the high monetary sum of most sales the customers tend to be focused on governments or other corporations and not to individual consumers Because this industry is not dependent on consumer sales the risk generated by nega tive aspects in these arenas do not have the negative impact that would be seen in other consumer based industries When evaluating the supply chain in this industry the main focus appears to be focused on regulatory adherence While there does appear to be somewhat of an upward trend of involve ment for most of the companies in the Aerospace Defense industry they seem to have a higher focus on human rights versus sustainability the environment minus those areas dictated by law This being said the public information available on enforcement and company established guidelines are not well defined or The following information highlights key areas where information was available in an ef fort to provide clarity on the strengths and or possible gaps in policy as it allies to the supply chain for human rights and environmental sustainability A time bases overview of these areas should provide a glide path for industry as a whole and the individual company

    Original URL path: https://scm.ncsu.edu/scm-articles/article/labor-human-rights-supply-chain-market-research-aerospace-defense-sust (2016-04-30)
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  • Consumer Products Sustainability Report Spring 2013 - SCM | Supply Chain Resource Cooperative (SCRC) | North Carolina State University
    Bozarth Ph D Clyde M Crider MBA Donavon Favre MA Tracy Freeman MBA Robert Handfield Ph D Jeffrey Stonebraker Ph D Don Warsing Ph D SCM Professionals SCM Research Resources SCM Pro Resources SCM Articles SCM White Papers SCM SCRC Director s Blog SCM Tutorials SCM Video Insights Library SCM Insights Polls SCM Topics SCM Research SCRC Article Library Consumer Products Sustainability Report Spring 2013 Consumer Products Sustainability Report Spring 2013 Published on May 03 2013 Download the Consumer Products Sustainability Report Spring 2013 Categories Supply Chain Sustainability Supply Chain Sustainability Reports Read the Supply Chain Management Professional Newsletter Read the latest supply chain research articles and news as soon as we post them Privacy Policy Professional Resources SCM Articles SCM Resources SCM Terms Supply Chain Management Basics SCM Basics Tariffs and Tax Primer NAICS Navigator SCM Blog Business Process Outsourcing Forecasting Healthcare Supply Management Supply Chain Analytics SCM Tutorials CPFR Forecasting Inventory Management Procurement SCM Features Hot Topics Lessons Learned Facts Figures SC Security SCM Topics Inventory Management Supply Chain Procurement Process Six Sigma SC Risk Supplier Partnerships SCM Supplier Evaluation Logistics Global Logistics Logistics Definition SCM Procurement E Procurement SCM Video Insights Library SCM Research Production Labor Sourcing

    Original URL path: https://scm.ncsu.edu/scm-articles/article/consumer-products-sustainability-report-spring-2013 (2016-04-30)
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  • Overview of Industry Sustainability Report Spring 2013 - SCM | Supply Chain Resource Cooperative (SCRC) | North Carolina State University
    Ph D Clyde M Crider MBA Donavon Favre MA Tracy Freeman MBA Robert Handfield Ph D Jeffrey Stonebraker Ph D Don Warsing Ph D SCM Professionals SCM Research Resources SCM Pro Resources SCM Articles SCM White Papers SCM SCRC Director s Blog SCM Tutorials SCM Video Insights Library SCM Insights Polls SCM Topics SCM Research SCRC Article Library Overview of Industry Sustainability Report Spring 2013 Overview of Industry Sustainability Report Spring 2013 Published on May 03 2013 Download the Overview of Industry Sustainability Report Spring 2013 Categories Supply Chain Sustainability Supply Chain Sustainability Reports Read the Supply Chain Management Professional Newsletter Read the latest supply chain research articles and news as soon as we post them Privacy Policy Professional Resources SCM Articles SCM Resources SCM Terms Supply Chain Management Basics SCM Basics Tariffs and Tax Primer NAICS Navigator SCM Blog Business Process Outsourcing Forecasting Healthcare Supply Management Supply Chain Analytics SCM Tutorials CPFR Forecasting Inventory Management Procurement SCM Features Hot Topics Lessons Learned Facts Figures SC Security SCM Topics Inventory Management Supply Chain Procurement Process Six Sigma SC Risk Supplier Partnerships SCM Supplier Evaluation Logistics Global Logistics Logistics Definition SCM Procurement E Procurement SCM Video Insights Library SCM Research Production

    Original URL path: https://scm.ncsu.edu/scm-articles/article/overview-of-industry-sustainability-report-spring-2013 (2016-04-30)
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