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Image via Flickr by Sean MacEntee Award-winning U.S. procurement firm, GEP recently released their Strategic Sourcing and Procurement Outlook trend report for 2013. The report outlines eight key trends that will impact procurement strategies this year, along with a market outlook of eight major sectors.Oops! You don’t have permission to view this page! Make sure…
Image via Flickr by theewarat Business software solutions giant SAP thought they had a competitor. Baan, a Dutch company offering business software, entered the North American market in 1994 when it landed the coveted client Boeing. The next few years, Baan grew at an unprecedented rate of 100 percent, a growth rate almost anyone would…
Image via Flickr darinmarshall On August 31, 2016, Hanjin Shipping filed for bankruptcy protection. Ports refused to accept containers from the company or started charging exorbitant rates, out of fear they wouldn’t be compensated. The collapse of Hanjin Shipping is the largest container shipping bankruptcy in history, and its effect on international supply chains is…
Image via Flickr avlxyz Many businesses have come to realize the benefits of lowering their carbon emissions. Not only is this practice good for the environment, but many companies also see increased profits as a result of their efforts. Ocean Spray Cranberries, for instance, cut delivery-related emissions by 20 percent and costs by 40 percent….
Image via Flickr by Rennett Stowe West coast ports faced a nine-month long work slowdown because of labor disputes between the Pacific Maritime Association and the International Longshore and Warehouse Union. There was even a short period of time where the ports closed. Thousands of companies had to make adjustments to their supply chains to…
Image via Flickr by Roberto Verzo For years, companies in the U.S. and Europe have turned to cheap labor forces in Asia to manufacture products. At the time, this was beneficial to the companies, which saved money and could offer cheaper products, and to the workers, who had access to jobs and job training that…