article thumbnail

Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Commercial and operating teams in manufacturing organizations greater than 5B$ in annual revenue were more aligned in 2007, at the beginning of the recession, than in 2020, the start of the pandemic. Alignment Barriers.

article thumbnail

Unethical Sourcing Practices in Procurement and How to Avoid Them

EC Sourcing Group

Unethical Sourcing Practices in Procurement and How to Avoid Them. In procurement, unethical practices can be hard to spot. It’s critical to understand what makes up ethical vs. unethical practices within your procurement function. Unethical Procurement Practices : Examples of Unethical Behavior. Favoritism.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Ethics in Procurement – Simple, but Not Always Easy

Logistics Bureau

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Procurement is what sets entire supply chains and their organisations in motion.

article thumbnail

How We Stubbed Our Toe in The Evolution of S&OP

Supply Chain Shaman

Industries carried on average 32 days more inventory in 2020 than in 2007. (I Why do we have 32 days more inventory by company in 2020 than in 2007? When companies reward OEE in manufacturing and POV in procurement, companies will systemically make the wrong stuff. I give you this evidence in this blog.). Mistake #5.

S&OP 195
article thumbnail

Horsemeat Supply Chains

SCM Research

However, the horsemeat scandal is just another example to reveal that food supply chains got out of control. Unraveling the food supply chain: Strategic insights from China and the 2007 recalls The Journal of Supply Chain Management, 44 (1), 22-39 DOI: 10.1111/j.1745-493X.2008.00043.x. Pullman, M., & Gray, J. 2008.00043.x.

article thumbnail

Can B2B e-commerce solve supply chain issues?

Cathy Roberson

According to IHS Markit, March US purchasing manager’s index (PMI) was the second strongest since data collection began in May 2007. In 2019, it re-acquired HD Supply, a company it sold in 2007. Within its Q1 earnings press release, for example, Amazon shared some interesting statistics on its B2B platform, Amazon Business.

article thumbnail

What will it take for your company to establish a Sustainable Procurement Policy?

EcoVadis

which effectively persuaded the largest toy company in the world to promise to establish a sustainable procurement policy. Mattel, who suffered from major supply chain issues in 2007 when lead was detected in their toys and who spent US $110 million on “reputation repair”, are in the spotlight once again.