article thumbnail

Do You Know Your Suppliers? Counting the Cost of Ignorance

QAD

In Bangladesh in July 2021, a fire at a food factory claimed the lives of at least 52 people, some of whom were children. Consumers are increasingly expressing interest in ethical sourcing and environmental impacts related to the products they purchase. found that consumers would stop purchasing brands with ethics issues.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

Material Handling & Logistics

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). From the wholesale manufacturers in Iowa to the farmers in Bangladesh, change is coming.

article thumbnail

Handfield’s Top Supply Chain Predictions for 2016

NC State SCRC

This creates a “double whammy” effect, in that digitization is driving up the need for analytics but to truly find collaborative solutions that rely on new technology solutions, companies will need to find ways to partner. Prediction 1 – Supply Chain Analytics Will Become More Predictive (Not Backward Looking).

article thumbnail

Ensuring Workers’ Rights in Global Supply Chains

Supply Chain Brain

A former journalist, she first became aware of the need for an intensive training regimen in Bangladesh, site of multiple labor violations and worker deaths. One of the company’s initiatives in Bangladesh is exploring application of the training to Tier 2 suppliers, although it has yet to proceed to that level. “We in new financing.

article thumbnail

AI and Climate Change, Can Technology Save The Planet, and What’s Next for Green City Vancouver

Freightera

JV: I am not in the medical field, but they must be using AI and predictive analytics to determine the spread and the medical response. I go to work, and Google knows I went to work, or that I purchased diapers or something else. Reflecting on sustainability, there are companies that operate in Bangladesh, for instance.

article thumbnail

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.

KPI 93