Sun.Feb 25, 2024

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Supply Chain Resilience More Important Than Cost Savings: Bain & Co. Survey

Supply Chain Brain

Companies that get supply chain trade-offs right will outperform strategically and set new standards of operational excellence.

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When it comes to product recalls, how important is the supply chain?

Procurement Insights

Supply chain disruption, such as a product recall, is the fastest-growing threat perceived by businesses, according to the annual Horizon Scan report. 49% of those polled identified increasing supply chain complexity as a trend, leaving their organization vulnerable to disruption from conflict or disaster. – Disruption from Your Supply Chain: Product Recalls (PLS Logistics Services) Before reading the February 19th, 2024 article , “U.S.

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How to Cut Spending Waste From Healthcare Supply Chains

Supply Chain Brain

The amount of money that hospitals waste on avoidable supply chain spending is staggering.

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2024: Procurement Challenge, Opportunity and Transformation

Barkers Procurement

2023 was tough. And if your profession happens to be Procurement transformation, it’s likely – in the workplace, at least – it’s been even more so. A business fighting for survival will always look at its overhead, often meaning the threat of redundancy. In parallel, it will also look at its expenditure meaning it is frequently the case that the Procurement function will be asked to commit incremental cost reduction to that which has already been budgeted, without the luxury of knowing its metho

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.

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Challenging Traditional Thinking with Nemawashi

Art of Procurement

“Nemawashi is generally something we do on a yearly basis. Is it tedious? Yes. Is it easy? No. Does it. The post Challenging Traditional Thinking with Nemawashi appeared first on Art of Procurement.

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Why Are Sourcing Consultants An Integral Part Of The Business Fraternity?

Procurement Freelancers

With the concept of globalization, businesses are not limited to local geographical boundaries.

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Relief Coming to Shipping Disruptions

Procurement Bulletin

Relief Coming to Shipping Disruptions As the Houthi attacks in the Middle-East has caused massive disruptions for shipping from Asia and the surrounding region as well as skyrocketing shipping costs, relief is in sight. New shipping containers that were ordered 2-3 years ago are ready to come online and help relieve the disruptions caused by the attacks by the Houthi rebels.

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Embryo Shipping Company Suspends Business in Alabama

Supply Chain Brain

Other companies also ship embryos, but it’s unclear whether they have changed their services in Alabama.

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