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Global Supply Chain Management: Page 792

The Problem With Spend Analytics

Have you ever bought something where price wasn't the deciding factor? A cup of coffee because it tastes better, perhaps? Or maybe a pricier mechanic's services because you trust him? Purchasing decisions in our lives aren't black and white, and they shouldn't be in corporate purchasing departments either.

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Analyzing the Steps in the Spend Analysis Process

Spend analytic projects are often driven to meet key goals of the chief procurement officer and procurement organization, chiefly cost savings. However, there are also many different possible uses or goals for spend analytic tools and projects, which might be driven by other executives or offices as well.

Incorporating Risk Management Into S&OP

A conversation with Gregory L. Schlegel, adjunct professor of supply-chain risk management at Lehigh University.

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Are You Ready for the Next Supply-Chain Disaster?

Each disruption in global supply chains seems to bring a new surprise. On March 31 of this year, it was an explosion and fire at a chemical plant in Marl, Germany. The incident at the factory of Evonik Industries resulted in the deaths of two workers and caused damage that will take all summer to repair.

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Serialization and Security of the Pharmaceutical Supply Chain

A year after adulterated heparin caused deaths in the United States and Europe, inspectors in California were still finding contaminated product in hospitals throughout the state, even though the manufacturer had sent out multiple recall notices, and the issue with the product was well known. As the pharmaceutical industry responds to regulatory mandates to address such weakness in the supply chain, it's important to ask, "Could this same thing happen in a 'serialized' world?"

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Integrated Demand Planning in the Middle Eastern Retail Market

Rizwan Asim, head of procurement and supply chain with SSC Al-Suwaidi Holding Co., discusses how integrated demand planning is helping Middle Eastern retailers to cope with a market boom.

Integrated Demand Planning at Callaway Golf

Callaway Golf Co. relies on integrated demand planning to service a market that ranges from large and small retailers to buyers who have clubs customized to meet their unique requirements. Derek Hillier, director of strategic sales initiatives for the Americas region, explains how it's all done.

Improving Returns Is Biggest Opportunity for Retailers to Increase E-Shopping Satisfaction

While 86 percent of consumers are satisfied with the overall experience of shopping online, e-tailers still have significant opportunity to improve customer satisfaction and their competitive position by making the process of returning or exchanging items easier, a new comScore study shows.

Almost 50 Percent of Fortune 500 Companies Post Information Online Only in English

At least half of Fortune 500 companies don't bother to translate their online information, which is alarming given that 70 percent of people using the internet are not native English speakers, says a study from One Hour Translation.

Commitment to America Said to Take Center Stage as Manufacturing Sector Growth Continues

Buoyed by growth and confident in their futures, American manufacturers are laying out an agenda for restoring their industry to its earlier glory, according to results of ThomasNet.com's newest Industry Market Barometer (IMB). Overwhelmingly, they are pushing to revitalize the American manufacturing sector by creating jobs at home, doing business with U.S. suppliers, and expressing pride in the quality of products that are "Made in America."

U.S. Import Regulations on Canadian Meat Products Said to Be Too Restrictive

A simplified "Product of Canada and the USA" labeling system should apply to beef and pork as well as livestock raised, processed, and traded between Canada and the United States, says a study released by the Fraser Institute, a Canadian public policy think tank, and the Competitive Enterprise Institute of Washington, DC.

Watch Out for 'Gotchas' in Outsourcing Contracts Because They Are About More Than Price

Negotiating a good outsourcing agreement involves much more than just achieving the pricing you desire. As you go through the process, you will go through the normal "give and take" discussions as you work with your potential provider(s). However, it is important that you do not focus solely on pricing.

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