Remove Business strategy Remove Quality Remove Supply Chain Visibility
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Procurement and Sustainability are Your Yin and Yang!

Supply Chain Game Changer

As seen below in the graphic taken from the Deloitte 2021 CPO Survey, one can easily determine that there is a large discrepancy in how KPIs central to sustainability & sustainable development (Diversity, risk/compliance, innovation, quality, etc.) Risk and Supplier Quality Reporting (Incidents, NCN, Quality Issues, etc.).

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Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Ultimately, effective SRM can increase supply chain visibility, improve quality and supply consistency, drive down costs, improve customer service, create a higher mix of strategic versus active suppliers, and make an organization more competitive. What can you do?

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How To Adopt a Customer-Driven Supply Chain Strategy

FourKites

In the consumer space, it’s often a perfectly viable business strategy to sell a product or service that your customers never even thought they might want until you presented it to them. This is one of the driving forces behind businesses like Uber, Amazon Prime, Grubhub and Hello Fresh. Supply Chain Visibility.

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How Do Companies Name That Price? A.I. Can Help

Supply Chain Brain

It’s that latter quality that applies to data-heavy disciplines such as pricing. Such a quality is of increasing importance to organizations today, given the rapid pace of global commerce. On one hand, A.I. can generate “expert systems” that seek to replicate the knowledge of seasoned veterans in a given field.

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Blockchain for the Supply Chain: Reality vs. Hype

Supply Chain Brain

Global supply chains, by definition, consist of multiple, independent partners, making them ideal candidates for blockchain. But that very same quality is what’s slowing adoption of the technology. Because supply chains are networks, a blockchain initiative can’t be implemented by a single company.

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Ensuring Workers’ Rights in Global Supply Chains

Supply Chain Brain

In a typical global supply chain, involving multiple tiers of production, the chances of failure are alarmingly high. Just about every major manufacturer has a supplier code of conduct to ensure that workers are treated humanely. Too often, however, those documents fail to prevent unacceptable working conditions.

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Getting Bangladesh’s Apparel Industry on the Map

Supply Chain Brain

A series of social compliance audits had failed to uncover structural problems in the five-story Rana Plaza building, which collapsed on April 24, 2013. Just hours after workers were threatened with termination if they failed to enter the facility.) It was reportedly the deadliest garment-factory accident in history.