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Do You Know Your Suppliers? Counting the Cost of Ignorance

QAD

A recent Quality Digest article suggested that “ethical supply chain management is being fueled by consumer demand, profitability, and visibility. The concept of ethical sourcing has risen in popularity during the past four years.” . Consumer Buying Trends. Companies are acting, and responding. The post Do You Know Your Suppliers?

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Trends 2021: Megatrends, Part Two

Enterra Insights

In 2020, for the first time in twenty years, there were fewer renewable energy resources added to the energy supply than during the previous year.[2] Most analysts believe the future looks bright for renewable energy sources. Large urban areas are known for their lack of air quality and electric vehicles can help address the problem.

Trends 100
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What You Need To Know About The State Of The Retail Worker Shortage

ToolsGroup

Source: Bloomberg.com. below its February 2020 rate, despite enticements like improved workplace flexibility, benefits, and wages. Forecasts by Korn Ferry cited that by 2030, more than 85 million jobs might go unfilled as there won’t be enough skilled people to fill them. million existing employees, for the industry to thrive.

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The reality of green energy: “green metal” supply chains won’t be able to keep up

NC State SCRC

The international Energy Agency predicts that wind and solar could account for 70% of power generation by 2050, up from 9% in 2020, if the world seeks to become carbon neutral by 2050. The IEA predicts about a seven fold increase of such “green metals” by 2030. The same question comes up for clean energy.

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Food Industry Trends for 2021

Unleashed

While tracing the origin of a food source and viewing transparent information about its manufacturing process has certainly grown over recent years – there’s no doubt the pandemic has sped up consumer demand for this. For example, food quality and safety, particularly when it comes to perishables. Growing digital presence.

Food 93
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Three Ways Procurement Can Drive Sustainability Through the Supply Chain

SupplyShift

By 2030, projections suggest that the market for sustainable products will be worth a staggering $12 trillion a year. According to Deloitte’s 2020 Chief Procurement Officer Survey , only 50% of organizations had high visibility into their tier one suppliers, and a staggering 90% reported low or very low visibility beyond tier one.

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Three Ways Procurement Can Drive Sustainability Through the Supply Chain

SupplyShift

By 2030, projections suggest that the market for sustainable products will be worth a staggering $12 trillion a year. According to Deloitte’s 2020 Chief Procurement Officer Survey , only 50% of organizations had high visibility into their tier one suppliers, and a staggering 90% reported low or very low visibility beyond tier one.