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Five Predictions (About Prediction) that Every Procurement Professional Should Consider

Supply Chain View from the Field

As part of the conference, I’m delivering a talk on five predictions that every procurement professional should consider. These aren’t so much “predictions”, as opportunities that procurement professionals should become aware of, and educate themselves on.

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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.

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Supplier Management and Sourcing in the Fashion Industry – Under the Spotlight

Jaggaer

More than virtually any other sector, sourcing and supplier management in the fashion industry have been exposed to intense scrutiny in recent years, while the functions have become of increasingly strategic importance to business success. The fashion industry is also, by nature, uniquely dynamic, mercurial even.

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Do You Know Your Suppliers? Counting the Cost of Ignorance

QAD

Supply chain due diligence is a critical topic for manufacturers and enterprises in all industries, especially given three major impacts of recent high-profile abuse cases, new due diligence laws and consumer buying trends. . found that consumers would stop purchasing brands with ethics issues. Let’s break it down.

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One Man’s Trash: How Blockchain Can Target Food Waste to Help End World Hunger

Material Handling & Logistics

As it turns out, the solution to this growing problem may lie in our own refrigerators. billion metric tons—gets lost or wasted. What’s more, net food losses in developed countries (222 million metric tons) equate to nearly all of the food produced in Sub-Saharan Africa yearly (223 million metric tons).

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Responsible Sourcing! Making Sustainability Happen for Real!

Supply Chain Game Changer

Sustainability is created in the textile factories of Bangladesh. As we’ve learned from Kotter’s 8 Step Change Model (hyperlink), utilized as a framework to implement and achieve organizational change, the first 2 steps to create change boil down to one thing: People. Sustainability is created in the mining pits in the Nordics.

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KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

Purchasing and supplier management. A KPI is a metric… but not just any metric. A KPI is a metric focused on a KEY element of business, departmental, or team performance. There is really nothing wrong with capturing a lot of metrics, especially with today’s powerful analytics software solutions to help.

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