May 3, 2021 – Page 3 – Sime Curkovic Ph.D.

Process Management’s critical impact on the predisposition and progress toward managing risks in SCM

For the full report, see: For a copy of the full report with data Our group conducted research about the potential for managing risks in Supply Chain Management. This study showed that documenting the likelihood & impact of risks was not a key part of SCM and that supply chain risk information was not readily available to key-decision makers. Furthermore, very few firms are actually able to exploit risk to...

IT’s critical impact on the predisposition and progress toward managing risks in SCM

For a copy of the full report, see: For a copy of the full report with data Our group conducted research about the potential for managing risks in Supply Chain Management. Firms had information of what goes on in other parts of their supply chain. An issue on information was not suggested. Managers seemed satisfied with their supply chain group’s performance on “Visibility” (detailed knowledge of what goes on in...

Successful Supply Chain Risk Management Programs

In today‘s global economy, the response to supply chain risk has largely been “reactive”. Unmitigated risk can cause disruptions for a company's supply chain. Traditional, “cost down” procurement efforts often amplify and expedite supply chain risk (e.g. moving contracts from a troubled supplier, delaying supplier payments, competitive bidding, etc.). Procurement initiatives are often based on “Landed Costs” without considering the additional inventory and increased supply chain risk costs. Existing supply...

Indirect Procurement: A new global industry standard

Curkovic and alumni create new global industry standard https://www.youtube.com/watch?v=8Avyihs_oBo When global consulting firm COPC Inc. planned the development of standards for indirect procurement, industry executives responsible for organizations were asked to participate on the project. Many of those executives were Business Broncos. And, when COPC identified the need for academic leadership for the project, it tapped resources from the Center for Integrated Supply Management and Dr. Sime Curkovic, Valluzo Faculty...