Search Results for: sourcing

The (Extreme) Complexity of the Food Supply Chain (Waste Matters! Part 5)

Kaitlyn McAvoy - December 17, 2014 10:04 AM

The food supply chain isn’t like other supply chains – it is far more complex. This point became increasingly clear during my recent conversation with Kevin Brooks, senior vice president of Marketing at iTradeNetwork – a provider of supply chain management solutions for the food industry. Kevin told me that in other industries, product orders remain fairly stable – not so in the food supply chain. The clock is ticking, and suppliers need to deliver perishable foods fast, but changes to POs and other issues make that task difficult.

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Waste Matters! (Food Waste, That Is)

Kaitlyn McAvoy - November 21, 2014 6:22 AM

How much food do we waste in America? A lot: 30% to 40% of the food supply ends up in the landfill. In 2010, 133 billion pounds of food was thrown out at retail stores, restaurants and US homes. Today Spend Matters begins a new series on the food supply chain, the amount of food waste we produce and what is being done about it. We think it’s timely, too, as the holidays approach. We will take a look at this important issue gaining national attention and what it means for procurement and the supply chain.

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Lack of Visibility and Other Challenges of the Food Supply Chain – (Waste Matters! Part 4)

Kaitlyn McAvoy - December 10, 2014 10:16 AM

I recently had the chance to talk to Kevin Brooks, who serves as senior vice president of marketing at iTradeNetwork – a provider of supply chain management solutions for the food industry. Kevin has years of experience working with companies in the food and beverage supply chain, and he told me about the many challenges facing the industry that leads to wasted food. Today, I will begin to share my takeaways from this conversation, focusing first on visibility in the food supply chain.

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DHL’s Global Connectedness Index: Miles and More

Jason Busch - December 9, 2014 6:28 AM

As we conclude our look at some of the (very) high level highlights from DHL’s Global Connectedness Index report, we’ll end with two items that caught our attention. The first is a fascinating statistic looking at the global average distance traversed by international interactions.

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Exploring the Government Threat to Globalization: Our Continued Analysis of DHL’s Global Connectedness Index

Jason Busch - December 8, 2014 6:40 AM

We often take the positive side of globalization for granted. Yet the rise in anti-dumping cases (some with merits no doubt, some without) filed by US companies suggests that global trade is not necessarily free trade in an equal sense. Yet staying vigilant by not overreacting from a policy standpoint is of critical importance. In this regard, DHL’s Global Connectedness Index has some recommended guidance that we should all pay closer attention to.

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What Does Dim Weight Have To Do With Me?

Guest Contributor - November 12, 2014 2:35 PM

Off in the nether regions of dirty fingernails supply chain execution, practitioners are leaving work early to stock up on sackcloth and ashes. Oh, the wailing, the gnashing of teeth! It is as if a plague of Biblical proportion had been loosed upon the people. The proximate cause of the hoopla and furor has been the announcement by UPS and FedEx of dimensional weight (dim weight) pricing for its commercial customers. Stripped of all the anti- rhetoric and pro-smooth talking, what dim weight comes down to this is: A parcel of twice the cubic size of another will cost twice as much to ship.

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Jeremiah Was NOT A Bullfrog!

Guest Contributor - November 6, 2014 1:31 PM

Spend Matters welcomes a guest post from Art van Bodegraven. Fans of the innocent earlier days of popular music might remember the monster hit “Joy to the World,”by Three Dog Night. But an earlier Jeremiah was a prophet in the Kingdom of Judah, the "weeping prophet" who urged reform and repentance. He is recognized in Judaism, Islam, Christianity and Baha'i. Some think that I might be modeling Jeremiah, but my own views are not quite as pessimistic.

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Are Emerging Economies Better Connected Than Established Ones?: Our Continued Analysis of DHL’s Global Connectedness Index

Jason Busch - December 5, 2014 6:34 AM

Are emerging economies better than established ones when it comes to connectivity with other nations and trading partners? Perhaps, which is at once both ironic and not on a range of levels. Regardless, this is specifically what DHL’s Global Connectedness Index suggests. The report notes, “Emerging economies are reshaping global connectedness and are now involved in the majority of international interactions. The 10 countries where global connectedness increased the most from 2011 to 2013 are all emerging economies.”

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Anticipatory Sourcing: Anticipating What, And When

Guest Contributor - October 30, 2014 2:15 PM

Spend Matters welcomes a guest post from Art van Bodegraven. When I use the term Anticipatory Sourcing without setting the stage fully and correctly with an audience, even an audience of one, the reaction is eerily reminiscent of the late and much lamented Richard Pryor exclaiming, "Say what?!?!?" (Shades of the cult classic film, “Stir Crazy.”) But, at the risk of offending and alienating, I will stake out the position that, unless you are doing anticipatory sourcing, you are taking up valuable space that ought to be occupied by someone more motivated, more aware, more understanding and, possibly, even a bit more intelligent.

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Improving Contractual Flexibility – The Difference Between Success and Failure (Article 2)

Guest Contributor - October 25, 2014 8:20 AM

Spend Matters welcomes this guest post from POD Procurement, a business consultancy that created the POD model. To achieve the maximum savings, buyers need to commit to procuring the goods/services from the suppliers. Once the contract has been awarded, both parties focus on delivery. If the business requirements reduce post-contract award it can lead to a difficult business decision.

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What Procurement Doesn’t Know Matters – Our Continued Analysis of DHL’s Global Connectedness Index

Jason Busch - December 3, 2014 6:14 AM

One of the top trends in DHL’s Global Connectedness Index is a movement toward greater connectivity between countries, reversing trends from prior years. The authors note, for example, that “global connectedness started to deepen again in 2013 after its recovery stalled in 2012.” Yet the rise of interconnectivity, as measured by trade, is still tepid.

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The Difference between Success and Failure (Article 1)

Guest Contributor - October 18, 2014 8:22 AM

Spend Matters welcomes this guest post from POD Procurement, a business consultancy that created the POD model. In our 3-part series we will explore these 3 core areas of achieving procurement success: Centralized Procurement (Article 1), Improve Contractual Flexibility (Article 2) and Encourage and Reward Post-contract Supplier Innovation/Efficiency Gains (Article 3).

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The Forgotten Food: What Gets Left on Supermarket Shelves – The Stats (Waste Matters! Part 3)

Kaitlyn McAvoy - December 1, 2014 10:14 AM

Grocery stores and restaurants are major sources of wasted food. These businesses either buy too much food they don’t end up selling, or it goes bad before a customer purchases it. In the last week, Spend Matters has published Part 1 and Part 2 of our food waste series. In our previous posts, we introduced the issue of food waste and talked about how much food consumers throw out. We also talked about those folks who “dive” in dumpsters for discarded but still “eatable” food items. Today, we look at how much businesses spend and waste on food.

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DHL’s Global Connectedness Index – A Must Read For Supply Chain and Procurement Professionals

Jason Busch - December 2, 2014 6:19 AM

While some of the more advanced procurement organizations that we know and work with have reached the “devolution” phase of maturity – i.e., centralized support and enablement but with localized, decentralized execution and capability – the general linkages of global supply chains is a trend that is likely not to reverse itself. Even as companies localize supply chains rather than center global sourcing efforts from an export perspective, interconnectivity between countries and organizations is rising, not falling. For companies that are increasingly “sourcing locally,” the underlying sources of supply for lower-tier materials, semi-finished goods and ingredients are becoming more reliant on global sources. With this in mind, DHL’s academic, yet outstanding Global Connectedness Index should be required reading for those with any sort of global orientation or interest within supply chain and procurement.

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Suppliers Strain to Meet Demand For Protective Medical Suits as Ebola Epidemic Continues

Kaitlyn McAvoy - December 1, 2014 6:34 AM

Demand for full medical protective suits is high as the Ebola epidemic spreads in Africa and threatens to reach other parts of the globe. As a consequence, supplies of the suits are struggling to keep up. To make the situation even more difficult, there are only a small number of companies that actually manufacture the types of protective suits involved. These suppliers are increasing production (some by as much as three times normal levels), but meeting the actual demand is still proving to be difficult.

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Centralized vs. Decentralized Procurement: Technology as (one of) the Great Governance Disrupters

Jason Busch - September 26, 2014 2:43 AM

In procurement, we often look at technology as an enabler. For example, sourcing optimization technology can change how we source by allowing us to gather an increased set of data points from suppliers (and then apply our own constraints to understand how various biases or requirements create additional supply chain cost, such as requiring higher inventory levels, not awarding to the lowest bidder, etc.). Yet technology can enable more than just tactical activities like sourcing – it can also help redesign how we structure procurement teams and leadership to begin with.

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Sourcing and Procurement Consulting: Unique Challenges and Opportunities in Mexico and Latin America

Jason Busch - November 28, 2014 10:23 AM

My colleague Xavier Olivera recently shared a number of thoughts on the state of sourcing and procurement consulting in Mexico and Latin America on Spend Matters México y América Latina. In his commentary, Xavier observes that a number of firms are already established in the market or entering it aggressively including Accenture, PWC, Capgemini, KPMG, AT Kearney and others. A number of these firms have long been in the region but are only recently ramping up their practices within procurement and supply chain.

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Local Sourcing and Localized Supply Chains for Magma and the Automotive Industry

Jason Busch - September 5, 2014 6:30 AM

Auto News recently reported that Magna International, one of the top three auto suppliers based in Canada, has been rethinking its supply chain of late, noting that “local strategy and efficiency improvements as key cost-saving measures within its supply chain.” In particular, supply chain localization was one of three trends within Magna’s supply chain identified by Carrie Van Ess, vice president of procurement for the Americas, at a recent industry briefing. Van Ess said a new supply chain model is emerging in which “goods are produced, sold and consumed in the same geographic region,” according to the article.

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Accenture Spend Trends Report: Logistics Market Intelligence – “Get Local” and More

Jason Busch - August 26, 2014 10:30 AM

Accenture's Spend Trends Report from Q2 (published in October) covers a number of macroeconomic areas impacting procurement and supply chain costs while also diving into a number of category-specific trends. One area the research brief explores is the logistics market, offering a global perspective on it and opportunities for savings and procurement improvement.

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An Interview with Corporate Ink’s Amy Bermar, Part 1: What to Know Before Hiring a PR Firm

Thomas Kase - August 12, 2014 2:30 AM

Many public relations firms get fired after two or three years – hardly an ideal track record. With procurement more involved than ever, it’s time to look beneath the covers and boost the odds – not just the budget – in your favor. Thomas Kase interviews Corporate Ink's Amy Bermar, who has been on all sides of the agency pitch – selecting, winning, and losing. In Part 1 of this two-part interview, Amy talks about what companies should know before hiring a PR agency.

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