Global Supply Issues/Risk
In a previous entry I talked about how the utilisation of Spend Analysis software makes the rational of a vendor reduction programme less relevant. When reading the latest report from The World Economic Forum on the risks for 2008 I am convinced this logic will now start to gain more momentum.
According to the WEF [...]
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There is an economic storm brewing and its called a recession. I believe Zig Ziglar once stated that experts have predicted 36 out of the last 2 recessions. The problem is, that nobody actually knows if we are in a recession until the economy is already pulling out of it. To start, [...]
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Sshhh! It’s America. When I was in Europe last month, it was a lot of fun drinking $9 coffees and $7 deli sandwiches. It was also obvious that it is not the good ole days of the powerful dollar. I came across this article, which refers to the USA as the [...]
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Now it seems like there is a never ending stream of coverage on regarding “The China Price” for outsourcing the manufacturing production of various products. So, when I ran across this article in Fortune Magazine, I was not surprised by the content and story line but was happy to see supply management guru, Andrew [...]
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Security of goods in transit is not a new issue. Ever since the dawn of ocean freight, well before the dawn of the spice trade, traders have had to worry about piracy. And many hundreds of years before that, those who traded by land had to worry about outlaws, bandits, and raiders. However, ever since [...]
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Supply Chain Finance is the optimization of both the availability and cost of capital within a buyer-centric supply chain. The availability and cost of capital is usually optimized through the aggregation, integration, packaging, and utilization of all of the relevant information generated in the supply chain in conjunction with cost analysis, cost management, and various [...]
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Ten years ago, the world was a simple place to do business. Make an honest product, follow the import and export regulations (which, relatively speaking, were few and far between), avoid known toxins, and you were all set to go. Today - different story. You have to document, and report on, everything [...]
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A recent article in ecommercetimes points to information from Booz Allen Hamilton on carbon footprint in food processing. Their basic definition is good for understanding the reasons for designing better ways to increase energy efficiency.
“The four primary factors driving businesses’ interest in the energy-efficient supply chains are cost savings, productivity gains, regulation [...]
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I am always fascinated by the concept of “green” supply chains. This not only because I was an Environmental Science major in college, but because, it is interesting to read where companies can actually lessen their impact on the environment and reduce their costs with the same strategy. It seems impossible on the [...]
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In Part I, David Bush summarized the fifth installment of the CPO Agenda 2007 debate series - What are procurement’s key challenges in the next 10 years? that took place early this summer in Paris and featured a dozen procurement executives from leading companies in the region.
In Part II, after I added what [...]
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