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Think Tank
Sourcing/Procurement/SRM: Page 189
Buyers Prioritise Track Record Over Innovation, Study Says
One in 20 buyers prioritise innovation when choosing a supplier, a survey of procurement professionals has found.
The Life of an Apple Supplier Is Getting Even Tougher
Imagination Technologies Group Plc discovered how fickle life can be as an Apple Inc.supplier when it was ditched this month by the iPhone maker. More suppliers may suffer the same fate as the world's largest technology company faces a shrinking number of semiconductor makers and expands into areas that need special chips designed in-house.
For 3M, Technology Was the Key to a New Supply-Chain Mindset
It only makes sense that The 3M Company, with a business model resting almost entirely upon technology, would eventually get around to applying it to the supply chain.
Tech Firms Risk Sourcing Tainted Minerals, Report Says
Human rights abuses are present in the mining of minerals widely used by technology firms, according to a new report.
Overcoming Operational Silos in the End-to-End Supply Chain With Kinaxis
Challenge: The organization wanted to elevate its supply chain planning capabilities to support synchronization, end-to-end supply chain planning, visibility and decision-making.
The Brexit Clock Is Ticking. How Should Global Companies Respond?
On March 29, British Prime Minister Theresa May officially set into motion the exit of the United Kingdom from the European Union, beginning a two-year period of negotiation and closure. The clock is ticking.
How Blockchain Technology Will Transform Supply Chains
The blockchain has emerged from the shadows. Now it might hold the key to transforming global supply chains.
Credentials for Supply Chain Risk Management Are Advancing
Analyst Insight: Lehigh University developed the first MBA SCRM class in 2010. The concept has now grown to a global level: The SCRM Consortium includes 17 companies; SCRM continues to be a popular course at Lehigh and ERM is currently taught at Villanova University; 20-plus workshops and 10 conferences per year are held around the globe. A recently published book and the Consortium itself continue to support companies to Identify, Assess, Mitigate and Manage supply chain risks. - Gregory Schlegel, founder, The Supply Chain Risk Management Consortium
In Supplier Management, Companies Need to Step Up Their Game
The ability to monitor the behavior and condition of one's suppliers depends on having access to hard numbers. But a surprisingly large percentage of companies lack this critical data.
Software Robots Are Disrupting Businesses, Optimizing Supply Chains
Analyst Insight: Robotic process automation has the potential to transform organizations by helping to optimize back-office and repetitive functions. It can increase productivity and quality while reducing costs, and in many cases it requires minimal investment. In fact, organizations are finding that it can pay for itself in less than a year. - Sean Harapko, principal, Ernst & Young LLP
Can a Startup Succeed in Logistics Today?
How can a new company break into the venerable freight-forwarding business? Technology holds the key.
Power in Procurement: Three Approaches to Consider
Analyst Insight: Outsourcing continues to grow, yet the news is full of outsourcing agreements that didn't work as planned. Far too often firms rely solely on power to get what they want. This leads to confusion, resentment, lost productivity, and at times, missed market opportunities. Suppliers and buyers need to better understand the use of power, and how this relationship will impact performance. - Karl Manrodt, professor of logistics and supply chain management, Georgia College and State University
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