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Image via Flickr by Aero Lcarus Most of the clothing, electronics, and agricultural goods you buy are not made in the U.S. They are imported from developing countries, such as China. The Obama administration is pushing for the Trans-Pacific Partnership (TPP) to create fair competition in the Asia-Pacific region. Their goal is to create an…
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 Gwan Kho Motorola Solutions has released a new report entitled, “Warehousing 2018: From Cost Center to Growth Center” wherein they define and predict the changes expected in the industry. Among their predictions, distribution centers are expected to get bigger, while the use of cross docking and task interleaving is expected to be…
One of the biggest reasons more farmers do not grow food organically is that they don’t have the resources to implement organic practices. Costco knows that its Image via Flickr jeepersmedia customers want organic food, so the company has developed a program to help its suppliers buy equipment and land to organically grow food. Costco…
Image via Flickr by dullhunk May, June, and July 2015 were rough months for businesses in Greece due to political unrest. The banking system has been facing collapse, causing myriad problems in manufacturing and distribution. Greek banks were closed between June 29 and July 20 to prevent money from flooding out of the country, but…
Image via Flickr by U.S. Army Environmental Compound According to researcher Anupam Agrawal, a professor of business administration for the University of Illinois, there are several benefits in establishing relationships with suppliers beyond the first tier. However, most companies are neglecting to reach out to such companies. Agrawal recommends companies establishing such relationships by initiating a “sourcing hub”…