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Image via Flickr by raymond_whittaker Businesses build a number of vendor relationships over time, and it’s easy to stick with the same one for year after year, even when they’re not meeting your needs. Ask yourself these questions to determine if it might be time for a change.Oops! You don’t have permission to view this…
Image via Flickr ted_major Listeria, salmonella, E. coli, and other foodborne illnesses have made numerous headlines in 2016, forcing companies to recall affected food products. This places tremendous strain on their supply chains. Take a look at what companies go through when they recall a product and how this affects their operations and the economy.Oops!…
Image via Flickr by mollymazilu For two decades, supply chain professionals have focused on reducing costs by trimming the unnecessary fat in their operations. Leaner production processes, lower on-hand inventory levels, and smaller, more frequent shipments created a just-in-time (JIT) supply chain that encouraged globalization. However, the risks and challenges associated with today’s supply chain…
Image via Flickr by GovernmentZA There are tons of terms related to procurement, many of which are so commonplace or self-explanatory most people don’t need a glossary to understand them. Here is a list of key procurement terms, especially acronyms, that can be confusing without a definition.Oops! You don’t have permission to view this page!…
Image via Flickr by cuttlefish The apparel industry is under fire for their hazardous use of chemicals during the manufacturing process. In July, 2011, Greenpeace International launched the Detox campaign “to expose the direct links between global clothing brands, their suppliers and toxic water pollution around the world.” Along with a global network of consumers,…
Image via Flickr by vwb5 Coca-Cola is the largest beverage company in the U.S. and the world. 60 percent of their revenue is generated from international markets, and they have a goal of doubling profits by 2020. Part of that plan involves further expansion into China. Coca Cola believes there is great opportunity there because…