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Why You Should Conduct Internal Quality Audits

Arena Solutions

billion by 2030. However, one crucial caveat to all this growth and opportunity is that—you need to follow industry compliance guidelines and deliver on quality. Quality management also plays a crucial role in product development. Why do an internal quality audit? billion to $855.62 billion in 2023. billion to $799.67

Quality 110
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Overcoming The Barriers to Use Channel Data

Supply Chain Shaman

Here I want to address the question, “Why is the focus on the basics of supply chain a barrier to adopting new forms of analytics and supply chain processes? ” (The use of the term “basics” is usually code for the implementation of Enterprise Resource Planning (ERP) to improve order-to-cash and procure-to-pay.).

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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.

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Driving Sustainable Growth Through Supply Chain Resilience

The Logistics & Supply Chain Management Society

A research from Google, Temasek Holdings and Bain & Co showed the region’s online spending could reach $1 trillion by 2030. Since the New Year however, rising inflation and household living costs combined with increasing uncertainty due to COVID-19 variants have been impacting consumers’ appetite to spend.

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Value-Based Purchasing in Healthcare Explained

Precoro

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). VBP also improves patient satisfaction by fostering greater collaboration among healthcare providers and making the patient experience one of the key evaluation metrics for hospitals.

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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. In April 2021, food giant Hershey Food announced its “ No Deforestation Policy ” to end deforestation across its supply chain by 2030. A similar study in the U.S.

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No Easter Bunny?

Supply Chain Shaman

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. There is also no Santa Claus.