Cost savings may be job number one today. But the current economic crisis portends an equally disturbing storm brewing on the horizon: heightened supply risk.
Earlier this week, SpendMatters Jason Busch sounded the alarms, noting that the number of outright supplier restructurings (Chapter 11s) and shutdowns (Chapter 7s) are both up considerably. “We’re going to see […]
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December 11th, 2008 | Posted in Sourcing, Supply Management, Best Practices, Supplier Management, Outsourcing, Procurement, supply risk, automotive sector, retail
Despite the economic turmoil, people still need to eat. And when times are tough, they’re naturally going to eat out less, cook more meals at home and even brown bag some lunches. So, you would assume that provides opportunity for supermarkets, but that might not always be the case.
Last week Safeway announced they had increased […]
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October 16th, 2008 | Posted in Sourcing, Supply Management, Best Practices, Spend Analysis, Procurement, supply risk, recession, retail
In a blog post last Friday, Jason Busch brought up an interesting twist on the credit crisis…namely the ability of businesses to pass along increased supply chain costs to the end customer in an environment of tightening belts and lowered spending. He cites a story out of the UK where Marks & Spencer and […]
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October 15th, 2008 | Posted in Supply Management, Best Practices, Spend Analysis, supply risk, supply chain finance, retail, commodities
Talk about getting squeezed! Businesses of all sizes are feeling the pinch of rising commodity costs - from fuel and energy to flour and eggs. Leading retail, CPG, and restaurant companies are employing a variety of different approaches to cope in today’s market, including focusing on supply chain and productivity initiatives, offering drastic […]
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October 9th, 2008 | Posted in Sourcing, Supply Management, Best Practices, Spend Analysis, CPG, retail