Mobile technology makes it easier to stay connected on both business and personal levels. Companies are already using mobile apps to check inventory, pricing, and distribution information, but some global leaders are taking mobile computing innovation to new levels in supply chain management.
Consumers who buy value-priced burgers in UK supermarkets may get more than beef between their bread according to tests by the Food Standards Agency (FSA) and the Food Safety Authority of Ireland. Because of the low price of the burgers, the mixture must contain at least 47% real meat, but there are other laws that…
Achieving a perfect balance between supply and demand is one of the biggest challenges of supply chain management and business operations. From pharmaceuticals to renewable energy, supply and demand affects everyone, regardless of industry.
Since the launch of the first iPhone in 2007, Apple has led the mobile technology market. Apple stocks, however, dropped to the lowest point in 11 months after the company cut supply orders for this quarter. Increased competition is one likely cause of the iPhone 5’s less-than-forecasted demand, but there are several other speculations. The…
Government corruption and procurement fraud are concerns for nations around the world, but for some countries, an effective and transparent public procurement system is even more of a challenge. Tanzania’s war against corruption is an ongoing battle that the Public Procurement Regulatory Authority (PPRA) and the World Bank have fought for more than 15 years.
Electronic invoicing is becoming the norm in modern procurement systems. Business-to-business companies, as well as those serving consumers, are already regularly using e-invoices and electronic receipts. Many government agencies, however, are still not making full use of this convenient strategy.
Globalization, collaborative planning, and new technologies are changing the way companies manage their supply chains this year. Most modern advancements make it easier to develop an effective supply chain strategy, but 3D printing has the potential to completely change the way consumers shop and, more importantly, it could change the way companies do business.
Coal, fertilizer, salt, grain, and other valuable commodities depend on the Mississippi River for transport, but the nation’s largest waterway may soon be inaccessible to the barges that move these products. Recent drought conditions have diminished the water level of the Mississippi to the lowest its seen in more than a decade, with some experts…
The ninth annual PwC Global Supply Chain Survey shows that strategy is everything when it comes to supply chain success. Businesses that realize the strategic importance of their supply chain achieve 70% higher performance and are more profitable. In 2013, PwC surveyed more than 500 supply chain experts around the world, representing a range of…
One of the biggest challenges in public procurement is getting the best value for the dollar. In many cases, large companies get most contracts, leaving small and medium-sized businesses without a fair chance to compete. In February 2011, the UK Prime Minister and Minster for the Cabinet launched a ‘mystery shopper’ initiative to give small…