As of today, the yuan has fallen by close to 5% with some reports that the target is 10%. Technically, China is letting market forces determine the yuan’s price and not peg it to the dollar. And the market is extremely nervous about the state of China’s economy…
DON’T WAIT – JOIN NPX TODAY! The Next Practices Xchange (NPX) is a collaboration of senior executives from Fortune 1,000 organizations in a forum setting sharing ideas on Strategic Sourcing and Supply Chain Management. Our Next Meeting is on Monday, September 14th in Chicago. Meetings are scheduled…
Earlier in the week as I was doing my morning read of Supply Chain related news, I ran across three+ articles that all seemed to coalesce in my brain. First, “Why Don’t People think Supply Chain is Sexy?” where the author tries to convince us why it is…
This is a question I am often asked when I teach negotiations. Do you start out naughty (as an adversary) or nice (as a collaborator)? I was personally taught negotiations in the mid ‘90s when Strategic Sourcing was in its infancy. At the time, the strategic consulting firms…
Getting the goods (and services) to the average consumers to meet their day to day needs would have been a fairly easy proposition to maximize in this age of Internet of Things (IOT – it’s a real term). Or so you would have thought, and you would have…