Amazon’s growth can be partially explained by its ability to turn their own internal tools & need into profit centres (e.g. Amazon Cloud Services, Fulfillment by Amazon, etc). Anyone in the e-commerce space knows shipping is one of the largest (and expensive costs) expense in such a business. So, it makes sense Amazon looked to…
According to the Supply Chain Council of the EU (SCCEU), in Bangladesh, there has been incidents of abuse in public procurement funds allocated for emergency medical response and relief by government officials, political leaders and business executives due to the current COVID-19 pandemic.
While many companies are being hit hard in the food & beverage industry, Inspire Brands, the multi-branded restaurant group, with brands such as Arby’s and Buffalo Wild Wings, started rolling out the CMX1 platform for their global supply chain management. Time will tell whether this implementation will help them with cost savings and efficiency in…
Swedish autonomous drone truck startup, Einride, recently unveiled their autonomous vehicles called “Autonomous Electric Transport” or AET, with the hopes of being on the roads delivering freight starting as early as 2021. What’s so special about Einride’s vehicles? They don’t come with any steering wheels, accelerator pedals and even no windshields (basically removing the need for…
Uber supposedly “disrupted” (I hate that word) the taxi & transportation industry. So, it’s not surprising they also have a logistics/freight division. According to Morning Brew, Greenbriar Equity Group invested $500 Million into the freight division. Apparently the freight division is growing quite nicely (at 27% growth). What exactly do they do? The app matches…
Fast fashion retailer, Boohoo, via Retail Brew, is in hot water after an audit of their supply chain. The audit found Boohoo’s suppliers were guilty of paying lower than minimum wages and having their workers work in unsafe conditions. The lack of enforcement of standards & governance over their suppliers resulted in them being booted…
Via the Morning Report and WSJ, some auditors are refusing to inspect factories based in Xinjiang region, where reports of abuse of human rights against Muslim Uighurs have been circulating for many years. Also, that region has restrictions imposed making it harder for factory inspections to take place properly. Meaning, some companies have already started…
Have you wondered how much the global public procurement market is worth? This complimentary report looks at how governments around the world are spending. Get the report here.
With the pandemic, we saw how over-reliance on Chinese suppliers exposed holes in supply chains. Add in trade & tarrif wars, it’s a smart move to look at contingency plans for your supply chain (if you haven’t already). But trying to find suppliers outside of China isn’t necessarily an easy task. Are you looking to…
There’s been a shift in procurement to provide more value other than simply focusing on price. While the shift in vision is commendable, are you seeing this shift in your own day-to-day job? What other ways are you trying to deliver value throug better procurement practices?