Supply Chain

4 Ways Brexit Will Impact Your Procurement and Sourcing Practices

Posted: 04/03/2019 - 04:59
Brexit. That’s a fun topic, isn’t it?! Regardless of what you may think about it, you cannot but notice the impacts it is already having on businesses across Europe. The indecision of the United Kingdom (UK) to approve a plan is holding back investment and decision making. The markets and currencies are fluctuating and will continue to do so until a decision is finally made.  
 

Leading with Impact with Tifenn Dano Kwan

Posted: 03/05/2019 - 02:19
In this episode of the Sourcing Industry Landscape, Dawn Tiura interview Tifenn Dano Kwan. Tifenn Dano Kwan is the Chief Marketing Officer for SAP Ariba. Recently back from the Davos Conference, Tifenn discusses the key takeaways, including the role of technology and humans, diversity and inclusion in the workplace, and the role of corporations in making a positive impact.

How Supply Chains Should Adapt to the Trade War “Truce”

Posted: 01/16/2019 - 04:04
On December 1, leaders from China and the U.S. broke bread with their enemies and reached consensus to halt the mutual increase of further tariffs until March 1, 2019. As of now, the total U.S. tariffs applied exclusively to China is at $250 billion, and China answered back with $110 billion worth of tariffs on U.S. goods. The “truce” has prevented the January 1 deadline for most tariffs to increase from the current 10 percent to the established 25 percent. 
 

Artificial Intelligence: What’s Now and Next in IoT-Driven Supply Chain Innovation

Posted: 03/24/2018 - 02:32

Like most people, coffee is one of the most important rituals in my morning routine. There’s something about the aroma and taste that kick-starts my ability to have a great day. So, imagine my surprise when I found out that a favorite coffee shop was closed before I had to jump on an early-morning flight home. The employees were in the shop, but the gate locked out coffee aficionados, like me, who really needed that jolt of caffeine.

Institutions and Success: a Tribute to Douglass North

Posted: 01/12/2018 - 01:09

This month’s Academic of Outsourcing tribute goes to Douglass C. North for his work on “new institutional economics.” North – a professor, economist, philosopher and economic historian – was the co-recipient (with Robert Fogel) of the 1993 Nobel Prize in Economic Sciences “for having renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change.” 

Is your supply chain free from human rights abuses?

Posted: 05/02/2017 - 22:39

A 2012 report by the International Labour Organization (ILO) estimated that nearly 21 million people worldwide are victims of forced labour, with the highest concentrations found in countries in central and southeastern Europe and in Africa. With complex global supply chains the main vehicle of global trade and commerce, regulators face a stiff challenge policing against workplace abuse, especially given the pattern of outsourcing production to jurisdictions where labour standards and their enforcement are weaker than at home.

How retailers can drive sustainable savings through strategic sourcing

Posted: 04/11/2017 - 23:42

Growing economic uncertainty has seen many businesses look to procurement for a means to increase savings and ultimately drive growth. This is especially true in the retail industry where common issues include mounting costs, struggling suppliers, increased competition and expanding supply chains. On top of this, savings must be achieved without affecting the quality of the end product or customer experience.

The future of retail outsourcing: Amazon versus Walmart

Posted: 03/28/2017 - 07:17

Wow! Isn’t it amazing how quickly things change? In the early 2000s, the very pinnacle of outsourcing was Walmart. Walmart didn’t outsource its own operations. Instead, it made history by working with offshore suppliers, introducing American consumers to low-cost Chinese goods. Consumers fell in love with the low prices, and Walmart grew to 14,000 stores, becoming the biggest corporation in America.

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