Procurement Insights

MAY 26, 2024

Under Kenny, Red Lobster also cut two of its longtime shrimp suppliers— and competitors to Thai Union — to purchase more shrimp from Thai Union at higher costs, according to Red Lobster’s bankruptcy filing. Kenny’s decision came “in apparent coordination with Thai Union and under the guise of a ‘quality review,’” Red Lobster said. These changes culminated in a $20 endless shrimp promotion in 2023 that would come back to haunt Red Lobster.

Supply Chain Efficiency 89

Supply Chain Efficiency Supply Chain Optimization Supply chain Networking 89

Supply Chain Trend

MAY 26, 2024

Many Integrated Business Planning (IBP) cycles around the world are based on a 30-year-old process definition supported by 30-year-old planning concepts. This traditional IBP is often not sufficient anymore for a fast-changing world, where speed of decision making and taking the right action means competitive advantage. Well run, traditional IBP can have many positive outcomes, but there are also many limitations like sequential process steps, arbitrary periodic planning & decision cycles, e

Quality 78

Quality Data Strategy Demand 78

Art of Procurement

MAY 26, 2024

“At the end of the day, we exist to try and help the procurement profession be more impactful. That’s the. The post From Practitioner to Entrepreneur: Mark Holyoake Interviews AOP Founder Philip Ideson appeared first on Art of Procurement.

Procurement 52

Procurement Leadership 52

Procurement Bulletin

MAY 26, 2024

How Can Technology Help Manage Supply Chain Shocks The last few years has thrown a lot of obstacles at supply chains. From a global pandemic, Houthi rebels, bridge collapses and climate events. Here’s a look at how technology such as AI and the access to data (analytics) can help manage and mitigate supply chain crises. Biden Continues His Chip Manufacturing Sales Tour We’ve written a lot about chips, semiconductors and how governments such as the US and Canada are clamoring to get a

Supply chain 52

Supply chain Management Supply Data 52

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