Procurement

W. P. Carey Supply Chain Management Professor Craig Carter hopes to bring the latest research to managers through a new podcast series based on articles in the Journal of Supply Chain Management.

The spotlight has been on the W. P. Carey School’s Supply Chain Management department as our faculty served in leadership positions at three major conferences. These leadership roles are significant professional plums for our faculty, and evidence of the department’s stature, but they are also important for students, alumni and those in industry who look to the department for new ideas.

The W. P. Carey School’s supply chain management program has been and continues to be a key player in the development of the discipline, starting long before the supply chain concept coalesced from its component parts. Today, the demand for academic research in the area is strong, and companies are eager to hire graduates. In Part One of KnowSCM’s profile of the department, we take you on a windshield tour of its growth, going back to the very beginning.

Detailed metrics not only help purchasing departments measure and analyze performance — they provide data that can spur organizational and procedural changes and help companies proactively prepare for the unexpected.

Across virtually all industries and geographic regions, manufacturers share one common goal: to increase profitability by decreasing costs. A growing number of manufacturers, both in the United States and around the world, have embraced global sourcing as a fast-track method for achieving that goal. However, when it comes to the effectiveness of most companies' global sourcing initiatives, there is plenty of room for improvement, finds a new study from Professor Robert Monczka of CAPS Research, a nonprofit supply chain research organization jointly sponsored by the Institute for Supply Management and the W. P. Carey School of Business.