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Sourcing/Procurement/SRM: Page 66

BASF Buys into Offshore German Wind Farms to Reduce Carbon Footprint

BASF said that it will receive about half of the electricity produced at the sites, which will total the amount consumed by 1.6 million German homes.

Ludwigshafen, Germany. Photo: iStock.com/U. J. Alexander

Eight Keys to Vetting Suppliers for Success

Many smaller manufacturers aren’t equipped with the resources necessary to hire supply chain specialists that solely focus on vetting suppliers.

Photo: iStock/Wasan Tita

Walmart Increasing Imports to the U.S. from India

Walmart shipped 25% of its U.S. imports from India between January 2023 and August 2023, up from just 2% in 2018.

Walmart Storefront I Stock 1205217071

Rolls-Royce to Sell Electric Flight Division

The British luxury car manufacturer wants to record operating profits between $3.17 billion and $3.55 billion a year, in line with its plan announced November 28.

Indianapolis, Indiana. Photo: iStock.com/jetcityimage

marcusevans CPO Summit Returns to Dallas in May 2024

An invitation-only, premium Summit bringing leading senior procurement executives and innovative suppliers and solution providers together.

Cpo Banner May 2024 Supply Chain Brain

China’s Slowing Economy Is Putting a Damper on Its Plans for Global Dominance

China’s plan for global economic dominance has run into a snag.

Shanghai, China. Photo: iStock.com/zhaojiankang

Hospitals Face Mounting Shortages of Essential Medical Supplies

Hospitals across the U.S. are facing an escalating crisis: acute shortages of vital medical supplies.

Photo: iStock.com/PhonlamaiPhoto

Novo Sees European Ozempic Shortages Continuing into 2024

For both medicines, shortages will get worse as the end of this year approaches, according to a letter to healthcare professionals published November 21 by the European Medicines Agency

Hillerod, Denmark. Photo: Bloomberg

The ROI of Resilience: How to Be Lean, Global and Resilient at the Same Time

Re-shoring or near-shoring factories, “just-in-case” inventories, and qualifying alternative suppliers are among the most common ways that companies are building resilience. However, these strategies come with tremendous complexity and a heavy price tag.

Photo: iStock.com/Dzmitry Dzemidovich

Efficiency, Ethics, and Data Privacy in the AI Revolution

We've only just begun to scratch the surface of AI's transformative potential, and navigating this landscape requires collective wisdom and ethical vigilance.

Photo: iStock.com/KmqAaXS93aYb7xm

What’s Hindering Efforts to Fight Global Food Fraud?

Considering the huge cost of food fraud in global supply chains, it might come as a shock to consumers to learn how weak are the current efforts to put a stop to it.

Photo: iStock.com/bit245

Supply Chain Resilience Could Soon Prove Too Expensive, Says S&P

Corporate investment in inventory management tools and other supply chain solutions could be limited in 2024 by high financing costs and lower profits.

Photo: iStock.com/ipuwadol

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

Mobile geolocation service for track delivery, cargo shipment and freight transportation. Logistic Import Export business (Elements of this image furnished by NASA)

Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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Moving Robots Site-to-Site