article thumbnail

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

Supply Chain Shaman

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. The myopic focus on IT standardization resulted in the purchase of technology, but not value delivery. Belief in efficient procurement.

article thumbnail

A Story of Throwing the Baby Out With The Bathwater in Supply Chain Planning

Supply Chain Shaman

Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat. In 2004, I worked with the client to help define specifications and shortlist potential solutions. The volatile meat market changes daily.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Sustainable procurement: Everything You Need to Know

Precoro

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

article thumbnail

The New Age of Online Commerce

Enterra Insights

In the United Kingdom, reports Fiona Briggs, Editor of Retail Times , “Online sales in the retail sector saw five years of growth in just 12 months in 2020 as restriction and lockdowns shifted consumer spending to online, and away from physical stores. Online sales accounted for 19% of retail spending in 2019, compared to 28% in 2020.”[1]

article thumbnail

Two Automakers Make Senior Supply Chain and Procurement Executive Leadership Changes

Supply Chain Matters

Stellantis Senior Procurement Leadership Change. Marlo Vitous has been named Senior Vice President of Purchasing and Supply Chain for North America effective June 1. According to a Stellantis press release, Martin Hornneck, who headed procurement and supply chain for North America since 2020 “ has announced his decision to retire.”.

article thumbnail

Power Your Business Sustainably Through Solar Energy

The Logistics & Supply Chain Management Society

The country also plans to boost its solar capacity to at least 2GWp by 2030, which is enough energy to power some 350,000 households. Minister for Finance Lawrence Wong said in February that Singapore’s carbon tax rate will be revised from S$5 per tonne of carbon to $25 in 2024, $45 in 2026, before reaching $50 to $80 per tonne by 2030.

article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. In Fortune 500 earnings calls for Q3 of 2021, “supply chain” mentions were up 412% from Q3 in 2020. higher than 2020. Material Handling & Logistics ). Chain Store Age ).