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Global Supply Chain Management: Page 651

Learning to Integrate Supplier Diversity into the Strategic Sourcing Process

Consider supply chain management a large puzzle comprised of many pieces. One major piece that many organizations find essential to form a complete picture is strategic sourcing, which involves the ongoing evaluation of purchasing activities and a commitment to look at all qualified solutions for both direct spend (costs associated with raw materials and parts for goods) and indirect spend (costs necessary for supporting production).

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The Second Wave of Retail Data-Sharing: Everyone Wins

As we move into the heart of the holiday shopping season, consumer packaged goods (CPG) providers are once again faced with the challenge of matching supply with uncertain demand. How can they avoid the twin threats of stockouts and excess inventory at this crucial time of the retailing year? It's a delicate balance indeed.

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Chain Restaurants Association Urges End to Ethanol Mandate

The National Council of Chain Restaurants issued the following statement from NCCR Executive Director Rob Green on the Environmental Protection Agency's proposed Renewable Fuel Standard (RFS) volume mandate for 2014: The Environmental Protection Agency's proposed adjustment to the Renewable Fuel Standard volume mandate is an implicit recognition that the ethanol mandate is out of sync and out of touch with current market realities. With this proposal, the EPA is essentially saying, 'if you like your 15-billion-gallon corn ethanol mandate, you can keep it.'

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Amazon's Decison to Deliver on Sunday Called a Retail Industry 'Game-changer'

Amazon's announcement of Sunday delivery effectively turned the traditional e-commerce world upside down. It truly is a game-changer, not only for online retailers but also for brick-and-mortar stores that are battling for their share of sales this holiday season.

Financing Small, Medium-sized Supply Chain Players in Asia

Small and medium-sized enterprises are key drivers of growth in Asia, but they are hindered by inadequate access to finance, particularly from large banks. However, the Malaysia Institute for Supply Chain Innovation (MISI) has developed a framework for helping banks to tap into this vast market.

Getting the C-suite on Board and Ready for Big-data Analytics

Over the past 30 years, most companies have added new C-level roles in response to changing business environments. The chief financial officer role, which didn't exist at a majority of companies in the mid-1980s, rose to prominence as pressures for value management and more transparent investor relations gained traction. Adding a chief marketing officer became crucial as new channels and media raised the complexity of brand building and customer engagement. Chief strategy officers joined top teams to help companies address increasingly complex and fast-changing global markets. Today, the power of data and analytics is profoundly altering the business landscape, and once again companies may need more top-management muscle.

Furniture Supply Chain Begins to Think Green

Suppliers to the office furniture industry better start paying close attention to the materials going into the pieces they're making. That's because the sustainability programs being implemented by the office furniture OEMs in West Michigan and beyond are increasingly demanding the suppliers provide more detailed information about the chemicals that go into their products.

Sustainable Food Packaging Developed in Europe

Using cutting-edge pulp molding equipment, researchers at Bangor University have begun a process of heating mixtures of ryegrass to press and mold into prototype fruit and vegetable packaging products.

Supply Chain Payment Program Released by Liquid Capital

Liquid Capital Corp., a Canada-based franchisor specializing in alternative financing, has launched a supply chain payment Program.

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Apple to Invest Billions in Supply Chain Development

The corporate sexiness that is Apple is in the unveiling of its products, but the not-so innovative part of the company has always been its supply chain.

Retail 'Shrink' Cost the Industry 1.4 Percent of Sales Worldwide Last Year And Is on Rise

Shrink, consisting of shoplifting, employee or supplier fraud, organized retail crime and administrative errors, cost the retail industry more than $112bn globally last year, according to the 2012-2013 Global Retail Theft Barometer, and represented 1.4 percent of retail sales, on average.

The World's Worst Supply Chain

Why are companies doing such a poor job of retaining and attracting top talent in supply-chain management?

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