article thumbnail

The Counter to Constant Supply Chain Volatility Is Pervasive Visibility and Industry Collaboration

Logistics Viewpoints

Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. He founded FourKites in 2014 after recognizing pain points in the logistics industry and designing elegant and effective systems to address them.

article thumbnail

Google Will Acquire a 3PL – And Other Supply Chain and Logistics Predictions for 2015

Talking Logistics

Brent crude oil prices Dec 2009 – Dec 2014 (Source MoneyAM.com). Simply put, I admit upfront that my supply chain and logistics predictions below are biased and flawed, but I make them anyway because it’s a fun exercise, and also because I hope it generates some thoughtful conversations and ideas.

Insiders

Sign Up for our Newsletter

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

article thumbnail

U.S. West Coast Labor Talks Begin This Week- Can a Timely Agreement Occur?

Supply Chain Matters

The previous five-year labor contract was ratified in 2014 , after a total of nine months of contract negotiations and considerable urging from government officials for both sides to reach resolution. Supply Chain Matters would not at all be surprised if U.S.

article thumbnail

A Great Meeting – Insights on the Future of Procurement from BP, Caterpillar, Duke Energy, and others

Supply Chain View from the Field

The net result of this exercise is we got down to less than 1% of the supply base to be part of a strategic relationship. Ron provided another compelling view on the Future of Procurement, and shared the organization model Duke Energy is using to build their merger activity and integrate a diverse supply base.

article thumbnail

8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Procurement costs. Supply Chain and Business Success By the Numbers.

article thumbnail

How Big Food and Beverage Could Revolutionize the Natural Movement

Elementum

Its growth is enough to make giants like McDonald’s, Cargill, and Wal-mart sit up and pay attention, agreeing to overhaul their current procurement methods in order to give the people what they want. Nature’s Path did that in 2014, buying 2,800 acres of cropland to grow cereal grains. Get Ready for a Supply Chain Shakeup.

Food 60
article thumbnail

Supply Chain Management:Importance of Proactive Master Data.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. For instance, if Product-Location has procurement type In-House Production ("E") and if it is missing a corresponding PPDS PPM, then we flagged it as an error code. Business Process Outsourcing. Customer Service.