article thumbnail

Measuring Transportation Vehicle Utilization: The KPIs

SCMDOJO

To stay competitive and sustainable, businesses must maximize their transportation vehicle utilization. Research indicates that a significant portion of a truck’s time is spent idle or empty (McKinnon and Ge, 2004; IGD, 2003). Indicators for Sustainable Transport. Food Transport KPI Survey 2004. Kearney, A.

article thumbnail

The history of ESG: A journey towards sustainable investing

IBM Supply Chain Blog

But while the term ESG was first coined in 2004 by the United Nations Global Compact, the concept has been around for much longer. Social Investment Forum (SIF) Foundation took inventory of all the sustainable investments in North America. In 1995, the U.S Today, companies and investors still rely on these principles and frameworks.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What are the parallels between Oracle’s acquisition of PeopleSoft and JD Edwards and ProcureTech solution provider’s ORO acquisition of ProcureTech 100?

Procurement Insights

Outcome : The acquisition boosted Oracles market share, applications revenue (57% growth in Q3 2004), and customer base, solidifying its position behind SAP. Reaction : Analysts like Forrester later praised the sustained innovation from this base, despite initial fears of stagnation.

article thumbnail

Supplier Diversity Part II: Supplier Diversity on the World Stage

ivalua

Since 2004, Canada has benefited from the establishment of the Canadian Aboriginal and Minority Supplier Council (CAMSC) that has worked tirelessly to ” facilitate business relationships with Canadian corporations and supplier organizations owned by Aboriginals and minorities.” Agile Procurement in Canada.

Suppliers 130
article thumbnail

Walmart Supply Chain: Building a Successful Integrated Supply Chain for Sustainable Competitive Advantage

SCMDOJO

Utilizing Information Systems for Better Inventory Management Effective inventory management is critical for Walmart to sustain its competitive advantage through the EDLP strategy. Lee (2004) proposed the concept of a new Triple-A supply chain for Walmart and other companies in the 21st century.

article thumbnail

Potential Efficiency Improvements: Vehicle Efficiency in Businesses

SCMDOJO

LPG produces fewer harmful pollutants compared to diesel and offers similar performance (International Energy Agency, 2004). This translates to reduced operating costs, a smaller environmental impact, and a more sustainable transportation operation. 2007), The Transport Manager’s and Operator’s Handbook 2007, Kogan Page: London.

article thumbnail

HICX raises $30M to give companies visibility into their supply chain

HICX

Founded in 2004, London-based HICX serves a SaaS-based low-code platform that gives companies a single channel for onboarding new suppliers, replete with tools for capturing all the information that the various departments and systems within a company need. private equity firm Wavecrest Growth Partners and Canada’s Espresso Capital.