Remove 2002 Remove Metrics Remove Sourcing
article thumbnail

Procurement Compliance Explained: Examples, Challenges, and Best Practices

Precoro

Recent policies cover sustainable and ethical efforts, such as sustainable sourcing , diversity initiatives, and environmental impact. Unsustainable sourcing. If your company bids on public contracts, sources materials from overseas, or sells products across the country, your procurement process has to meet applicable requirements.

article thumbnail

New U.S. Coast Guard Cybersecurity Rule Enters into Force

Supply Chain Brain

flagged vessels, outer continental shelf (OCS) facilities, and facilities subject to the Maritime Transportation Security Act of 2002 (MTSA), and was executed in continuation of updates to the Captain of the Port authority that definitively designated cybersecurity vulnerabilities as a potential threat to the security and safety of U.S.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Trump Hits Mexico With 17% Tariff on Tomatoes

Supply Chain Brain

The deal was reworked to raise the price floor in both 2002 and 2008, before a new agreement that separated pricing categories for different types of tomatoes was signed in 2013. agreed to pause its investigation that same year after Mexico agreed to sell tomatoes at a set minimum price. border entries for bulk tomatoes.

Mexico 40
article thumbnail

Uh-Oh! Insights On How P&G Failed And What This Means For You

Supply Chain Shaman

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) I never calculated and accounted for the inter-dependencies between metrics.

article thumbnail

Stories of Supply Chain Leadership: An Interview with Joan Motsinger of Seagate

Supply Chain Shaman

We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC). First Phase: 2002-2006. We are targeting much improved end-to-end planning in response to multiple demand sources. Those had a finite length of improvement.

article thumbnail

The End of a Fairy Tale

Supply Chain Shaman

As shown in Figure 1, the cost of Texas crude has increased nearly four times in the last decade; yet, too few companies are actively modeling the trade-offs of make, source and deliver TOGETHER. In the modeling, my recommendation is to look at the cost metrics in aggregate. My preference is monthly as part of the S&OP process.).

article thumbnail

Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

Digital transformation is not seen as a singular activity but a set of interrelated activities that span across people, process, technology, policy, and metrics,” said George Fowler, group vice president in Spinnaker’s Supply Chain business unit. Visit www.ToolsGroup.com and follow us on Twitter @ToolsGroup. About Spinnaker.