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    1. Procurement is Top Area of Risk, Consero Survey Reveals

      Explore Supply Chain Management Review (Mar 29 2015)

      When assessing areas of risk facing their departments, nearly half (45%) of Chief Procurement Officers named supplier risk as a top concern, according to a new survey by Consero Group.

      The results were reported as part of the 2015 Global Procurement & Strategic Sourcing Data Survey, compiled by Consero Group.

      “With businesses increasingly relying on third-party suppliers, Chief Procurement Officers are more important to their companies than ever,” said Paul Mandell, Founder & CEO of Consero. “CPOs will need to lead their organizations in thoroughly vetting new suppliers and improving supplier relations, both of which are essential to the efficient sourcing of ...

      (Read Full Article)

    2. Top Area of Risk, Consero Survey Reveals

      Explore Supply Chain Management Review (Mar 23 2015)

      When assessing areas of risk facing their departments, nearly half (45%) of Chief Procurement Officers named supplier risk as a top concern, according to a new survey by Consero Group.

      The results were reported as part of the 2015 Global Procurement & Strategic Sourcing Data Survey, compiled by Consero Group.

      “With businesses increasingly relying on third-party suppliers, Chief Procurement Officers are more important to their companies than ever,” said Paul Mandell, Founder & CEO of Consero. “CPOs will need to lead their organizations in thoroughly vetting new suppliers and improving supplier relations, both of which are essential to the efficient sourcing of ...

      (Read Full Article)

      Mentions:   Asia

    3. The Operational Benefits of Enterprise Energy Intelligence

      Explore Supply Chain Management Review (Jan 28 2015)

      The Operational Benefits of Enterprise Energy Intelligence

      Almost all companies today are aware of their labor or material costs... but what about energy consumption?

      It all comes down to having the energy data needed to determine what actions you must take to improve. The payoff is worth it, as insight into energy data allows you to make more valuable, relevant operating decisions.

      (Read Full Article)

      Mentions:   Aberdeen Group

    4. 2015 Energy Outlook for Supply Chain Management

      Explore Supply Chain Management Review (Jan 20 2015)

      The biggest story in the energy sector has to be the 30% decline in oil prices since June to a level not seen since the global recession cut a whopping 6% from global consumption back in 2009.

      Derik Andreoli, Ph.D.c., senior analyst at Mercator International LLC, shares his observations on the energy sector in this exclusive interview with Supply Chain Management Review.

      The biggest story in the energy sector has to be the 30% decline in oil prices since June to a level not seen since the global recession cut a whopping 6% from global consumption back in ...

      (Read Full Article)

      Mentions:   IBM

    5. Chinese Contract Manufacturing

      Explore Supply Chain Management Review (Jan 6 2015)

      It’s 2015 and a good time to take a fresh view of your contract manufacturers (CMs) in China.  Business conditions have changed. Labor rates in China continue to rise. Logistics costs fluctuate with the price of oil. Data collection about forecasts, and operations continues to improve. Companies are considering Reshoring. All of these things will affect your relationship and operations at contract manufacturers.

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      (Read Full Article)

      Mentions:   China

    6. Leading procurement organizations are delivering superior business performance; others are lagging

      Explore Supply Chain Management Review (Nov 30 2014)

      Leading procurement organizations are delivering superior business performance; others are lagging

      A.T. Kearney's 2014 AEP Study finds that the best procurement organizations are at the top of their game. Meanwhile, the rest of the pack is treading water and wondering what's next for procurement.

      On the one hand, the study found that the best large companies, defined as organizations with more than $15 billion in revenue, “have achieved breakthrough financial results from procurement.” That is consistent across industry verticals.

      (Read Full Article)

      Mentions:   Brazil   A.T. Kearney

    7. Mapping the supply chain and monitoring for risk

      Explore Supply Chain Management Review (Nov 18 2014)

      Mapping the supply chain and monitoring for risk

      New platforms are evolving that allow companies to verify and monitor their suppliers for conflict minerals and human rights abuses. Source Intelligence’s CEO explains how his platform works and is evolving.

      (Read Full Article)

      Mentions:   Apple   India   Asia

    8. JDA and IBM Collaborate on Omni-Channel Supply Chains

      Explore Supply Chain Management Review (Nov 18 2014)

      Supply chain and logistics software and technology provider JDA Software Group Inc. and technology bellwether IBM announced last week they are collaborating to provide shippers with an integrated omni-channel supply chain that will enable shippers to make smart real time sourcing decisions and provide customers with the best buying experience possible

      (Read Full Article)

      Mentions:   IBM

    9. Supply Chain “Aspirations”

      Explore Supply Chain Management Review (Nov 17 2014)

      Supply Chain “Aspirations”

      Does your procurement/supply management department have a truly strategic role in your company? Does it get invited EARLY on new initiatives, new projects, acquisition evaluations, new plant sites, etc.? Or, is your department generally involved at the stage when some paperwork needs to be taken care of?

      (Read Full Article)

    10. Global A.T. Kearney Study Reveals New Procurement Trends

      Explore Supply Chain Management Review (Oct 15 2014)

      Leading company procurement organizations reap double the measurable cost reduction versus other companies, while also driving competitive advantage through supplier-driven innovation and risk management. While procurement organizations for leading companies have continued their upward trajectory, most companies only sustained the gains they made between 2008 and 2011.

      These findings were reported in a study released today by A.T. Kearney titled “Procurement Powered Business Performance: Assessment of Excellence in Procurement (AEP) Study 2014.” This year’s AEP is the eighth edition in a series that started in 1992.

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      (Read Full Article)

      Mentions:   A.T. Kearney

    11. The Serious Gaps Exposed Through Conflict Mineral, Supply Chain Compliance

      Explore Supply Chain Management Review (Oct 7 2014)

      As a two-year grace period soon expires, thousands of U.S. corporations are still scrambling to overcome severe obstacles to gather and authenticate a complex web of supply chain information to meet conflict minerals reporting requirements.

      “In our analysis of Securities and Exchange Commission filings this year and through our detailed ongoing observations, far too many companies are severely lagging in getting commitments from suppliers to provide detailed information,” said Jess Kraus, CEO of Source Intelligence. “This is a huge obstacle, especially since we are fast approaching a key stage in Dodd-Frank – audited and verifiable reports on source materials.”

      (Read Full Article)

      Mentions:   U.S. Securities and Exchange Commission

    12. Unilever Partners To Win

      Explore Supply Chain Management Review (Sep 30 2014)

      It seems as if this represents a real change from it being a privilege to do business with Unilever to it being a privilege for Unilever to do business with suppliers, especially those who share your values and commitments.

      Read this inspiring interview with CPO Dhaval Buch where he discusses Unilever’s strategic approach to supplier relationship management and it’s Sustainable Living Plan.

       

      (Read Full Article)

      Mentions:   Unilever

    13. Putting the “Supply” in Supply Networks

      Explore Supply Chain Management Review (Sep 9 2014)

      Putting the “Supply” in Supply Networks

      Drawing from the results of a quantitative research study conducted by Spend Matters and the Institute of Supply Management, this two-part report discusses why meeting demand requires Supply Management 2.0: fluid collaboration between companies and their external network partners in a multi-tier and multilevel fashion that orchestrates both process and information silos.

      (Read Full Article)

    14. The Risk of Supply Chain Failure

      Explore Supply Chain Management Review (Sep 5 2014)

      The Risk of Supply Chain Failure

      We never used to think that much about risk in supply chains.  Those were the days when most manufacturing was domestic or products were purchased from one or two international factories that we monitored closely. But oh, have things changed!

      Now risk management is an important function within most supply chain organizations.  Global supply chains have become longer, stretching worldwide; and with every stretched link comes the potential for a weak spot and additional risk of failure.

      As a result, managing risk of failure in supply chains has become a hot topic.  With events like 9-11, the Japanese tsunami, the ...

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      Mentions:   Walmart   China

    15. Surged Measured in Air Cargo Supply Chains

      Explore Supply Chain Management Review (Sep 2 2014)

      Global air freight markets showed a strong increase in air cargo in July, with the Asia Pacific continuing to lead the way.

      According to the The International Air Transport Association (IATA) Asia-Pacific airlines showed their strongest rise in air cargo volumes since the start of 2013, increasing 7.1% compared to a year ago. The fortunes of the region’s carriers are tied to the strength of major economies such as China, Japan and South Korea, which are expanding again after a slowdown at the start of the year. Capacity grew 4.0%.

      (Read Full Article)

      Mentions:   South Korea   Japan   China

    16. 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

    17. 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)

    18. 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.

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      Mentions:   Australia   Institute for Supply Management   Asia

    19. 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

    20. 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)

    21. 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)

    22. 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

    23. 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)

    24. 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

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