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Think Tank
Sourcing/Procurement/SRM: Page 216
Advanced Purchasing Dynamics Unveils New Procurement App
Advanced Purchasing Dynamics (APD) has introduced a cloud-based software addition to the APD Cloud for supporting sourcing.
Could 3D Printing Be the Future of Airplane Parts?
Will the wonders of 3D printing ever cease? With each passing day, something revolutionary seems to come off the machine's printing bed, be it a life-size Ultron helmet (OK, maybe that's not revolutionary), a prosthetic shell for a tortoise or a Shelby Cobra sports car. This time, it's more than 1,000 airplane parts for the Airbus A350 XWB jet.
Chargebacks as Remedy, Not Punishment
E-Sourcing Crucial in Driving Financial Performance for Retailers, Grocers and Restaurants, Survey Finds
Investments into sourcing operations are paying off substantially for retailers, grocers and restaurants, according to an industry survey of procurement executives and practitioners, conducted by Intesource. Sixty-two percent of the procurement and sourcing professionals surveyed report their sourcing strategy has a direct and positive impact on company margins, profitability, working capital and cash flow.
Apple Sets Bar Not Only in Product Line But in Supply Chain Risk Mitigation
As customers waited for their much anticipated Apple Watches, it was reported that delays could be traced to a feared supply chain nightmare: a faulty part. Apple's supply chain strategy, though, likely mitigated the risk.
Retailers Lose $1.75Tr in Revenue Worldwide Due to Overstocks, Out-of-Stocks and Returns, Report Says
Retailers worldwide lose a staggering $1.75tr annually due to the cost of overstocks, out-of-stocks and needless returns, according to research released from retail analyst firm IHL Group, commissioned by OrderDynamics, a Big Data prescriptive analytics software company.
A New Approach to Paying Your Suppliers
The way in which buyers pay their suppliers hasn't kept up with the times. The result: an unacceptable level of global supply-chain risk.
Panera Works With Suppliers to Remove 150 Substances From Its Food Supply Chain
Panera Bread Co. said it is progressing on its commitment to remove artificial additives by publishing a list of artificial colors, flavors, sweeteners and preservatives it has eliminated or intends to remove from its Panera Bread and St. Louis Bread Co. food menus by the end of 2016. Panera reportedly is the first national restaurant company in the U.S. to publicly share a comprehensive list of ingredients that will be removed from or never appear in its menu items.
PrimeRevenue Teams With Tower Trade Group for SME Supply Chains
PrimeRevenue Inc., a supporter of financial supply chains, has entered into a partnership with Tower Trade Group, an international trade-finance company, to support small and medium-sized companies.
Invoiceware Issues Supply-Chain Finance App for Latin America
Invoiceware International, a provider of tools for electronic invoicing and fiscal reporting in Latin America, has released a new supply-chain financing platform.
Tyson Plans to Ban All Human Antibiotics in Chicken Products by 2017
Tyson Foods, one of the country's largest meat producers, said that it planned to eliminate the use of human antibiotics in its chicken production by 2017.
Suppliers Gear Up as Autonomous Vehicles Take to the Road
It is no longer a question of if but when autonomous vehicles (AVs) will hit the road. In the auto industry's most significant inflection in 100 years, vehicles with varying levels of self-driving capability - ranging from single-lane highway driving to autonomous valet parking to traffic jam autopilot - will start to become available to consumers as soon as mid-2015 or early 2016. Development of autonomous-driving technology is gaining momentum across a broad front that encompasses OEMs, suppliers, technology providers, academic institutions, municipal governments, and regulatory bodies.
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