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    1. How World-Class Procurement Organizations Outperform

      Explore Supply Chain Management Review (Aug 18 2014)

      World-class procurement organizations outperform their peers by striving to providing unique value beyond cost reduction, including becoming a trusted advisor to the business, driving supplier innovation, and focusing on risk management, according to new research from The Hackett Group, Inc.

      According to The Hackett Group’s research, world-class procurement organizations now operate at nearly 20 percent lower cost as a percentage of spend than typical companies.  They also have 27 percent fewer employees. 

      World-class procurement organizations now generate purchased cost savings equal to more than 9x the cost of procurement, according to The Hackett Group’s research.

      (Read Full Article)

      Mentions:   Hackett Group

    2. SCM World Study Finds 3PLs Resist Innovation

      Explore Supply Chain Management Review (Aug 13 2014)

      Between January and May of this year, SCM World fielded a six-question survey in order to understand the supply chain community’s perception of global third party logistics providers (3PLs).  Barry Blake is Vice President of Research at SCM World, says there were few surprises in their findings…with one exception.

      “The disconnect between 3PL performance levels and their reluctance to embrace new technologies was something we hoped would change by now,” he says.

      The results are in, with 557 respondents globally, and the story emerging from the data is compelling – third-party logistics providers are seen as fast and fairly ...

      (Read Full Article)

    3. PwC Reports M&A Uptick in Supply Chain Space

      Explore Supply Chain Management Review (Aug 12 2014)

      For the quarter, PwC said there were 51 transportation and logistics transactions values at $50 million or more for a total of $20 billion, which was ahead of 38 deals for a cumulative $16.2 billion recorded during the first quarter and the 39 deals valued at a cumulative $16.b billion in the second quarter of 2013.

      (Read Full Article)

      Mentions:   Australia   Institute for Supply Management   Asia

    4. Supply Chain Managers Take “World View” on Risk

      Explore Supply Chain Management Review (Aug 5 2014)

      AsiaInspection, a global provider of quality control services for businesses importing from Asia, Africa, Southern Europe, and Latin America, maintains that supply chain managers should pay more attention to risk irrespective of region.

      The Hong Kong-based consultancy has just released its 2014 Q2 Barometer, a quarterly synopsis on outsourced manufacturing and quality control indicating that supply chain transparency is far from adequate nearly everywhere in the emerging markets matrix.

      (Read Full Article)

      Mentions:   Institute for Supply Management   India   Africa

    5. Top 20 Supply Chain Management Software Suppliers

      Explore Supply Chain Management Review (Jul 22 2014)

      The market for supply chain management (SCM) software, maintenance and services posted another year of solid growth, generating $8.944 billion in 2013, including applications for procurement software. That represented a nearly 7.4% increase over 2012 revenues, according to Chad Eschinger, vice president of supply chain with research firm Gartner (gartner.com).

      (Read Full Article)

    6. The Customer-Centric Supply Chain

      Explore Supply Chain Management Review (Jul 16 2014)

      The Customer-Centric Supply Chain

      The old assumptions driving supply chain design and strategy were focused on achieving the lowest possible cost of goods and the most efficient distribution to stores. Today, a new model is emerging, not driven by enterprise technology or supply chain innovations - but by customers. In the omnichannel retail world, almost every single store-driven assumption about supply chain is being challenged and getting replaced by a digital-driven future.

      (Read Full Article)

    7. Negotiating with Bullies

      Explore Supply Chain Management Review (Jul 7 2014)

      Negotiating with Bullies

      It makes no sense to waste your time and valuable resources on unprofitable and unreasonable customers. 

      My students were desperate for strategies and tactics to help them out of these “price reduction only” discussions with their customers and broaden the conversations.  We worked hard to develop some effective strategies for negotiating with buyers and bullies who focus on price only.  These include:

      1. Every time a customer asks for another price reduction, suggest trading for something in return. Ask for something of value back such as move volume, another division, another project.  Never concede, always trade.
      2. Keep opening the ...

      (Read Full Article)

      Mentions:   Japan   Asia   China

    8. Five Useful Guidelines for Successful Negotiating

      Explore Supply Chain Management Review (Jun 18 2014)

      Thanks to an increasingly complex global marketplace, today’s Chief Procurement and Supply Chain Officers employ as broad an array of skills as ever before. From the mastery of evolving technology to the sophisticated analysis of data, the universe of job requirements for these senior executives seems to grow each year.

      (Read Full Article)

    9. Riskiest Countries for Business: FM Global Ranks Nations by Supply Chain Resilience

      Explore Supply Chain Management Review (Jun 11 2014)

      The 2014 FM Global Resilience Index released today finds Norway, Switzerland and Canada top the list of nations most resilient to supply chain disruption, one of the leading causes of business volatility. The first-of-its-kind Index, commissioned by FM Global, one of the world’s largest commercial property insurers, is an online, data-driven tool and repository ranking the business resilience of 130 countries. More than a year in development, the Index is designed to help executives better assess and manage supply chain risk.

      (Read Full Article)

      Mentions:   Brazil   Mexico   South Korea

    10. New Focus on Supplier Relationship Management

      Explore Supply Chain Management Review (Jun 9 2014)

      Supplier Relationship Management (SRM) may be staging a comeback, as companies seek new ways of mitigating risk and controlling costs.

      According to a new report by Source One Management Services, LLC, supply chain managers are again realizing the value of extending the value relationship.

      “Suppliers can be neglected during the course of their contracts,” says Brad Carlson, director of Source One’s Supplier Management practice. “And though some companies have an informal supplier management process, it usually lacks the formality and processes to drive success.

      .

      (Read Full Article)

      Mentions:   China

    11. Remanufacturing is key to supply chain growth

      Explore Supply Chain Management Review (Jun 3 2014)

      Remanufacturing is key to supply chain growth

      Most supply chains move in one direction: New products move from manufacturing to a customer. Increasingly, those products are coming back into the supply chain, either as returns for repair under warranty work or to be remanufactured for reuse. In fact, new research from the nonprofit organization APICS Foundation, finds that remanufacturing serves a broad array of strategic interests for companies, provides considerable career advancement potential for individuals and has become instrumental in furthering sustainability initiatives.

      “Remanufacturing was once considered a niche process,” says Jonathan Thatcher, director of research, APICS Foundation. “Today it is becoming a mainstream practice.”

      The findings ...

      (Read Full Article)

      Mentions:   Institute for Supply Management

    12. “Known Unknowns” in Global Supply Chains

      Explore Supply Chain Management Review (Jun 2 2014)

      You may know who your supplier is, but the chances are that you have no idea who your supplier’s supplier is.

      The European Horsemeat scandal and the Rana Plaza clothing factory collapse in Bangladesh are just two recent examples of companies not knowing the sources of the products they sell with disastrous consequences. These “known unknowns”, in “Rumsfeldian” terminology, are the direct consequence of the splitting up and subcontracting of manufacturing on a global scale through a series of intermediaries and agents.

      (Read Full Article)

      Mentions:   France   China

    13. ISM Salary Survey Suggests Experience Pays

      Explore Supply Chain Management Review (May 7 2014)

      ISM Salary Survey Suggests Experience Pays

      The Institute for Supply Management (ISM) released its 2014 Salary Survey that revealed a decrease in salary for the average professional, and the fact that compensation was the most important factor for job candidates evaluating job opportunities in the supply chain industry.

      ISM’s Ninth Annual Salary Survey finds that the average base compensation for all participating supply management professionals was $101,608 in U.S. dollars, a decrease of 2 percent compared to the average for 2012 ($103,793)

      (Read Full Article)

      Mentions:   Institute for Supply Management

    14. BSR Launches Sustainable Trucking Guide for Supply Chain Managers

      Explore Supply Chain Management Review (Apr 29 2014)

      BSR recently launched “Transitioning to Low-Carbon Fuel: A Business Guide for Sustainable Trucking in North America.”

      According to Edward Cameron, director, partnership and research, the report is designed to help fleet operators and their value chain partners comply with new and future regulations.

      “Value chain partners include energy producers, vehicle manufacturers, retailers that place shipments, and investors,” he says. “All want to develop impactful yet practical strategies that will accelerate the transition to low-carbon fuels, improve the sustainability impacts of all fuels, and advance dialogue and understanding about our shared challenges.”

      This guide addresses five key challenges that have hindered ...

      (Read Full Article)

    15. EU Calls For Cutting Red Tape in Supply Chain

      Explore Supply Chain Management Review (Apr 15 2014)

      At the 6th European Logistics Summit in Brussels last month, Charlie Dobbie, Executive Vice President for Global Network Operations at DHL Express presented European Commissioner for the Environment Janez Potocnik with key recommendations to ensure comparable, simple and valuable environmental and carbon reporting for the logistics sector. Speaking on behalf of the Alliance for European Logistics (AEL), Dobbie called for the promotion of a consistent global standard for carbon calculation and reporting in the transport of goods, ensuring Europe’s approach is fully aligned within existing international frameworks

      .

      (Read Full Article)

      Mentions:   SAP   Brussels

    16. Managing for Supply Chain Catastrophes

      Explore Supply Chain Management Review (Mar 27 2014)

      Five elements of a resilient supply chain

      Supply chain managers tend to rely heavily on data to support decision-making processes. Data proves helpful in planning for risk but is insufficient in light of the massive number of scenarios that could disrupt a supply chain. Developing a plan to deal with so many unknowns requires a slightly different set of priorities. There are five key elements that distinguish a resilient supply chain:

      1. Prepared: Designing a supply chain that is prepared for a catastrophic disruption involves understanding the risks, maintaining deep visibility into the supply chain resources, and developing operational readiness ...

      (Read Full Article)

    17. Procurement Expanding Priorities Beyond Cost Reductions to Focus on Influence and Innovation

      Explore Supply Chain Management Review (Mar 19 2014)

      Procurement leaders are expanding their priorities for 2014, moving beyond a historic emphasis on reducing purchase costs and adding focus on expanding and deepening the scope of spend influence as well as supporting supplier-led product innovation, according to 2014 Procurement Key Issues research from The Hackett Group, Inc.

      The Hackett Group’s research reveals a major change in procurement’s priorities from last year, when cost reduction/avoidance was their number one concern. For 2014, the highest-ranked issue is expanding the scope of procurement’s spend influence. Over three quarters of the executives placed this first in their priority ranking.

      (Read Full Article)

      Mentions:   Hackett Group   Oracle   Paris

    18. How to Speak Senior Executive Lingo: A Guide for Supply Chain Professionals

      Explore Supply Chain Management Review (Jan 20 2014)

      How to Speak Senior Executive Lingo: A Guide for Supply Chain Professionals

      Ten to 20 years ago, the supply chain leader in most companies held a title such as “vice president of logistics.” It was a largely functional role that relied on technical proficiency in discrete areas: knowledge of shipping routes, familiarity with warehousing equipment and distribution-center locations and footprints, and a solid grasp of freight rates and fuel costs. (S)he reported to the chief operating officer or chief financial officer, had few prospects of advancing further, and had no exposure to the executive committee. The way companies need to think of the modern supply chain executive has changed dramatically.

      (Read Full Article)

      Mentions:   Gartner

    19. Fuel Volatility a Given for 2014

      Explore Supply Chain Management Review (Jan 13 2014)

      Forecasting fuel rates has never been more difficult for shippers, maintains Derik Andreoli, Ph.D.c., a senior analyst at Mercator International LLC and Logistics Management’s popular Oil & Fuel columnist. When planning for 2013 energy fluctuations, logistics managers must keep an eye on several global issues, he says.

      (Read Full Article)

      Mentions:   Russia   Iraq   Iran

    20. So You’ve Got Issues with Your Chinese Suppliers.  What Now?

      Explore Supply Chain Management Review (Nov 11 2013)

      You’ve probably been sourcing or manufacturing in China for a while.  At first, product quality was great, but little by little product quality has deteriorated.  Your engineers have been to China, but fear of offending the Chinese has prohibited them from giving direct feedback. 

      Now you are considering taking your production elsewhere or shutting down the plant.  But first, you want to give the Chinese one more opportunity to get product quality back on track.  So how do you tell them without offending them and completely ruining the relationship?  Westerners have open, frank discussions and freely express opinions. Chinese ...

      (Read Full Article)

      Mentions:   China

    21. Are Emerging Markets Still Relevant?

      Explore Supply Chain Management Review (Oct 31 2013)

      Over the past few years, changing trade dynamics have placed a greater focus on emerging countries.

      As a result, these countries, such as Brazil, Vietnam, Bahrain and Mexico have experienced impressive growth in trade, manufacturing and growing consumer demand for goods. However, this year, many of these countries seem to have hit a “bump in the road”. The bumps vary by country but for many, they may include currency issues, rising inflation, infrastructure concerns and shifting focus towards improving conditions in Europe and the US.

      (Read Full Article)

      Mentions:   India   Brazil   Unilever

    22. Building a Global Classroom for Supply Chain Talent

      Explore Supply Chain Management Review (Sep 26 2013)

      The supply chain profession urgently needs to fix the problem of a chronic shortage of talent, writes Dr. Chris Caplice, Executive Director, MIT CTL.   We believe that an online learning curriculum now under development at MIT CTL could offer a solution – but we need the industry’s help to shape it.

      The new virtual classroom is called SCMx, and it has the scale and flexibility required to educate huge numbers of individuals worldwide in a single sequence of courses. In our opinion such a curriculum would expand the talent pipeline and provide a world standard for supply chain education.

      (Read Full Article)

      Mentions:   India   Brazil   Russia

    23. BRIC Supply Chains Fairly Flush, Say Maritime Analysts

      Explore Supply Chain Management Review (Sep 24 2013)

      Although Brazil, Russia, India and China are suffering from overheated economies, the BRIC region is still generating attractive cargo growth, said Drewry Maritime Research analysts.

      Although Brazil, Russia, India and China are suffering from overheated economies, the BRIC region is still generating attractive cargo growth, said Drewry Maritime Research analysts.

      Container traffic loaded and discharged in the BRIC region’s ports in the first half of the year grew by an impressive 7.1% year-on-year, up to 90.7 million twenty-foot equivalent units (TEUs), which is significantly better than North America’s 1.2% and Europe’s 0%).  “As Brazil ...

      (Read Full Article)

      Mentions:   India   Brazil   Russia

    24. Conflict Minerals Issue Becomes More Complex For Supply Chain Managers

      Explore Supply Chain Management Review (Sep 18 2013)

      Resistence to the Securities and Exchange Commission ruling that requires publicly traded companies to disclose the origins of conflict minerals contained in their products is breaking down rapidly, say compliance experts.

      “If you were to ask me how many supply chain managers were questioning the urgency of this issue, I would have given you a different answer,” says Sonal Sinha is the associate vice president of industry solutions at MetricStream, Inc, a developer of enterprisewide governance, risk, and compliance (GRC) software and cloud-based services. “But today, that number is much smaller. Nearly every manager and auditor is aware of the ...

      (Read Full Article)

      Mentions:   European Union   Canada   Parliament

    1-24 of 152 // 1 2 3 4 5 6 7 »