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Think Tank
Sourcing/Procurement/SRM: Page 253
Stung by Meat Safety Scare, Yum Brands Jettisons Some Suppliers in China
Yum Brands Inc. said is dropping some suppliers of its KFC restaurants in China as it tries to reassure consumers in that country who were scared off by a chicken safety scare last month.
5 Steps to Better Data for Supply Chain Decision-Making
In today's environment of Big Data and analytics, effective supply chain decision-making is only as good as the data influencing the decisions. Drawing actionable conclusions based on the best information possible is critical to maintaining a supply chain that is efficient and effective, but also acts as a continual driver of strategic and competitive advantage. But how can your organization ensure that the data used to draw conclusions and make decisions regarding the supply chain is clean, relevant and accurate?
Are You Ready for Supply Chain Management-as-a-Service?
Doug Colbeth, chief executive officer of Kinaxis, delves into the new idea of supply chain management as-a-service, examines the state of cloud-based applications, and suggests a new term to replace "supply-chain management."
Price Isn't Everything, But Supplier Auctions Still Make Sense
I've spent the last couple of posts urging procurement executives not to focus solely on price when they're choosing suppliers. Service, product quality, financial health, social responsibility and exposure to natural disasters and other potential disruptions are all elements that need to be factored into the mix. So you'd think this enlightened attitude would pretty much rule out the use of auctions for selecting vendors, right?
PrimeRevenue Launches Supply-Chain Finance-Enablement System
PrimeRevenue Inc., provider of a hosted platform for supply-chain finance, has launched SCiEnable.
Transforming Logistics Outsourcing
Greg Aimi, research director with Gartner, joins us in a discussion of new ideas in logistics outsourcing, including the move from transaction-based to strategic relationships between providers and their customers.
Counting the Links in the Space Supply Chain
How DHL Express Improved Its Costing Analysis
A few years ago, DHL Express was in a downward spiral of data quality. The company had used a Microsoft costing tool deployed locally in the 200 countries in it operates. Graeme Aitkin, vice president of business controlling, said the tool used employee interviews to localize cost allocations, asking couriers how they spent their time every day. In the old days, he said, when the data wasn't available, it wasn't possible for a company to have a unified costing and pricing system across a global company.
In War, Logistics Is Better Ally Than Strategy, Two Books Suggests
It's a military truism that amateurs talk strategy while professionals study logistics. Two engaging new World War II histories remind us why logistics matter more. In fact, in wartime, logistics eats strategy for lunch.
Agentrics Changes Name to NeoGrid
Agentrics, a vendor of cloud-based applications to support supply-chain collaboration, has changed its name to that of its parent company, Brazil-based NeoGrid.
Today's Chief Procurement Officer Is a New Breed of Executive
The notion of a "chief procurement officer" isn't new. The U.S. Department of Housing and Urban Development has had one since 1998, and the title can be found in any number of other government agencies and branches of the military. Private companies have embraced it as well, although the position hasn't enjoyed a solid footing in most C-suites for more than a decade or so. Maybe it was the success of companies like Apple, with its mastery of supply management, that convinced top executives of the need to elevate procurement to the highest levels of the organization.
GlaxoSmithKline Goes to Once-a-Month Vendor Payment System
The Forum for Private Business, a British small business lobbying group, recently sought to publicly shame GlaxoSmithKline (GSK) after the drugmaker told suppliers it would pay invoices only once a month, rather than on a rolling basis as they come due.
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