The notion of a "chief procurement officer" isn't new. The U.S. Department of Housing and Urban Development has had one since 1998, and the title can be found in any number of other government agencies and branches of the military. Private companies have embraced it as well, although the position hasn't enjoyed a solid footing in most C-suites for more than a decade or so. Maybe it was the success of companies like Apple, with its mastery of supply management, that convinced top executives of the need to elevate procurement to the highest levels of the organization.

As if corporations didn't have enough money sitting idle in their accounts today - now we learn that they've been borrowing aggressively, spurred on by record-low interest rates.

A few weeks back I referenced the work of Robert J. Gordon, an economist and professor at Northwestern University. In a paper published last September for the Centre for Economic Research, he laid out the history of the first three industrial revolutions. And he asked whether a fourth, supposedly driven by the internet and other advances in information technology, could come anywhere near its predecessors in terms of productivity improvements.

The holidays are supposed to be a time of joy, but given the state of the economy and other recent events, it's hard to feel positive about much of anything right now - least of all the outlook for transportation policy reform. So why is Joshua Schank, president and chief executive officer of the Eno Center for Transportation, "more optimistic than I have been in a long time" about the prospects for funding critical infrastructure improvements?

The whole "fiscal cliff" mess, even if averted for the moment, promises to have a huge, long-term impact on nearly every aspect of American life. Transportation, as it so often does, will likely take its place far down the list of lawmakers' priorities. At least until crumbling highways, collapsed bridges and inadequate roads bring key portions of the national infrastructure to a standstill.

Here are five more predictions for 2013 and beyond, from a panel of five well-informed (and well-fed) Silicon Valley business executives. (See my previous post for the first five.) Assembled in Santa Clara, Calif., by the San Francisco Roundtable of the Council of Supply Chain Management Professionals, these individuals took part in the group's fourth annual effort to answer that age-old question: What does the future hold for supply-chain management?

Two things you should never do on an empty stomach: shop for groceries, and predict the future. In the case of the latter, that must be a guiding principle of the San Francisco Roundtable of the Council of Supply Chain Management Professionals, which takes care to feed attendees before presenting its annual, much-anticipated predictions for the coming year and beyond.