Soviet spacecraft Soyuz 4 and Soyuz 5 perform the first-ever docking of manned spacecraft in orbit and the first-ever transfer of crew from one space vehicle to another (which was also the only time such a transfer was accomplished with a space walk).
This was a historic event in space exploration as it is one of the capabilities necessary to have a(n International) Space Station and we’re not going to reach the age of extra-planetary supply management (Part II and Part III) unless we can build space stations and efficiently dock spacecraft with them on inter-planetary supply runs.
When the first “networked” television broadcasts took place as KDKA-TB in Pittsburgh, Pennsylvania goes on the air connecting east-coast and mid-west programming. And then,
12 Years Ago Today the End of that Era Began …
when Netflix announced it will launch streaming video services. Who needs cable TV when you can watch all the shows on your laptop, iPad, and even cell phone on the go?
Regardless of what you think, that’s a pretty fast rate of advancement. Eras used to last centuries. Now they barely last decades. Can your supply chain keep up?
The UK began its effort to leave the dark ages with the first general election where women were permitted to vote and the first woman was elected to the Commons.
If only it would finish its exit of the dark ages in Procurement, which, sadly, in many organizations is still controlled by white males in their fifties.
While the doctor does not want to be stereotypical, he does want to be realistic — Procurement is simply better when there are multiple perspectives (and skills) at the table. And without the second gender, you’re clearly leaving half the perspective and skill off of the table (and that is simple, irrefutable, math).
An American Legend was born when Jesse James commits his first *confirmed* bank robbery.
What does this have to do with Procurement? Besides the fact that, when you think about it, many suppliers will rob you blind on a daily basis if you are unprepared during the negotiation, during the invoice review, or during the warranty process.
Well, if you think about it, sometimes if you want to get famous, you have to take big risks.
But, more importantly, if you take risks, you can get famous … but in the case of Procurement, you don’t have to rob a bank to make money. You just have to get smart about how you buy. There are savings to be had in every category, and all you have to do is find them to bring millions to the bottom line. And take the risk of doing something new.
And all you need to do to figure out how is to read the archives, strategy, process, and the tools you need to make it all happen.
Exxon and Mobil sign a $73.7 B USD agreement to merge and become the world’s largest company at the time, now surpassed only by Walmart, the staple of the US retail economy.
As the world’s largest oil company, it produces almost 4 Million BOE a day, is the largest refiner in the world, and despite the rise of tech, is still one of the most profitable companies in the world.
And with the continued reliance on petroleum based fuels in ocean and air shipping, most of the world’s supply chain indirectly rely on its products.
We may claim it’s the information age, but the products we use and consume still rely on the holdovers from the industrial age to get us through.