Category Archives: Supply Chain

Donations Decreasing the Amount of Wasted Food in Chicago (Waste Matters! Part 9)

- January 29, 2015 6:28 AM | Categories: Supply Chain, Supply Chain Management

13777990626s8em The Greater Chicago Food Depository helps to feed more than 812,000 men, women and children in Cook County, Illinois, each year. One in every 6 people within the county turns to a local food pantry or soup kitchen for assistance. The Food Depository gathers food from local grocery stores throughout Cook County - food that may otherwise be excess supply and therefore wasted - and distributes it to these programs that distribute food and prepare warm, fresh meals for those in need. It's one way some grocery stores in Chicago are reducing the amount they may throw out - by donating it to a worthy cause.

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Syriza Wins in Greece – Is it the Beginning of the End for the Euro?

- January 29, 2015 2:36 AM | Categories: Analysis, Commentary, Supply Chain, Supply Risk Management

500-bank-notes-bills-2112-723x550 The victory of left-wing party Syriza in this week's Greek elections could have far-reaching implications well beyond Greece itself, and at the extreme, could be the beginning of the end for the Euro. It is important, therefore, that anyone involved in procurement and supply chain activities where currencies have some relevance does, at the very least, keep an eye on events and thinks about the implications of the various possible outcomes following the Greek election. However, we should also note that many observers have been predicting the breakup of the Eurozone for at least 3 years now. So nothing is certain.

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Creating a More Sustainable Food Supply Chain, But at What Cost? (Waste Matters! Part 8)

- January 27, 2015 6:22 AM | Categories: Supply Chain, Supply Chain Management

Clouds and corn How do we make the supply chain more sustainable? What changes can we implement to reduce the amount of wasted food? While businesses are clearly losing money either overbuying or underselling their food products, efforts to make changes to the supply chain cost money, too. Would that cost travel down to the consumers? That’s something else businesses need to think about. And would consumers be willing to pay extra for food products from a store that practices sustainable practices?

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Why Are Financial Supply Chains Not Keeping Up With Physical Supply Chains?

- January 13, 2015 6:18 AM | Categories: Finance, Supply Chain, Trade Financing

file00088836384 Financial supply chains and global capital flows are highly complicated. So, too, are physical supply chains. Yet the way cash flows around the globe is actually quite antiquated compared to the flow of goods and materials (and the information trail that can enable better procurement and supply chain management compared with trade financing). In the white paper, “On-Demand, Event Triggered Finance With Network Models – A Game Changer?,” my colleague David Gustin captures this idea when he notes that, “In many industries, the financial supply chain has lagged behind the advances made by the physical supply chain by a decade.”

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Supply Risk Management 2015 (Part 3): Seizing Leadership and Learning From Example

- January 12, 2015 2:23 AM | Categories: Supply Chain, Supply Risk, Supply Risk Management

As we conclude our examination of collected leadership, tactic and management lessons from top supply risk management programs, we explore the role of technology (and why there is no such thing as a “supply risk management software market”), extending enterprise risk management into the supply chain, why no silver risk bullets exist and how to frame the problem for maximum effect. This 3-part Spend Matters PRO brief, co-authored by Spend Matters Chief Research Officer Pierre Mitchell and Spend Matters Vice President of Research Thomas Kase provides an outlook on how best to manage supply risk programs. Thomas and Pierre, combined with Jason Busch, Spend Matters founder and managing director, have tackled supply chain risk for over a decade in their research. The 3 collectively bring 50 years of experience to exploring the intersections of procurement, risk management, supplier management and the supply chain.

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China’s Freight System Future: Is a High-Speed Rail Possible?

- January 8, 2015 10:05 AM | Categories: China, Industry News, Supply Chain, Technology, UK/Europe

path-railroad-rails-1425-525x350 Next month, the Chinese will be celebrating its new year with Spanish wine, olive oil and ham, sent to China from Madrid on the world’s now longest rail route. The Eurasia rail link stretches more than 8,100 miles from the eastern Chinese city of Yiwu to Madrid, Spain. The route, which is longer than the Trans-Siberian railway and the Orient Express, also has stops in various European and Asian countries including Poland, Germany and Russia along the way. The rail line has been dubbed China’s “New Silk Road,” and one source called it “the project of the new century” and “the greatest trade story” the world will see for the next 10 years. But, China may be setting it sights even higher, aiming for a high-speed freight train in the future.

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Supply Risk Management 2015 (Part 2): Best Practices

- January 8, 2015 2:59 AM | Categories: Supply Chain, Supply Risk, Supply Risk Management

As our examination of supply risk management best practices for 2015 continues, we turn our attention to measuring supply risk scoring in business terms, incorporating variation and volatility into risk models (beyond just structural complexity), showing risk graphically and fully considering supply risk management as an embedded process. This 3-part Spend Matters PRO brief, authored by Chief Research Officer Pierre Mitchell, provides an outlook on how best to manage supply risk programs in 2015. The lessons he presents are based on his experience working with and learning from best practice procurement and supply chain organizations – and academics in the field.

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UPS and FedEx Surcharges for 2015

- January 7, 2015 2:18 PM | Categories: Guest Post, Price Forecast, Supply Chain

Spend Matters welcomes this guest post by Jim Haller, program director of transportation services, at NPI, a spend management consultancy, focused on eliminating overspending on IT, telecom and shipping. When it comes to UPS and FedEx, their annual rate increases tend to generate a lot of discussion. Last quarter, the carriers both announced a fairly modest increase that was on par with previous years (a 4.9% hike for ground and air services for both carriers). However, this increase doesn’t provide a complete picture to shippers.

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3 Ways 3D Printing Will Revolutionize The Modern Supply Chain (And 1 Important Way it won’t)

Spend Matters welcomes this post by Steven P. Roth from GEP. The long heralded commercial arrival of 3D printing (3DP) is upon us, and a number of industry surveys indicate the impact of this emerging technology is anticipated to grow significantly over the next 10 years. In media related to 3DP, considerable coverage has been given to the technical capabilities and long-term potential of the technology, but little consideration has been given to how it will change the day-to-day work of supply chain, operations and procurement professionals in the immediate future.

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Oil Prices Continue to Slide in 2015 – Procurement Should be Ready

- January 6, 2015 10:06 AM | Categories: Commodities, Industry News, Supply Chain

Oil Pumps Oil prices had a tough 2014, and the start of the New Year is turning out to be even worse. Oil prices have sunk lower than any other commodity. The US oil index fell below $50 a barrel this week, representing a more than 50% drop since June and a level not seen since April 2009. What does this mean for procurement?

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Recalls, Big and Small, Impact Food Waste (Waste Matters! Part 7)

OLYMPUS DIGITAL CAMERA No matter how large a food recall is – whether it is localized and involving a limited amount of product or a nationwide recall affecting millions of units – it has an impact on how much food goes to waste in the US. And, I’m not talking about just the food involved in the recall. Recalls lead to food waste due to a matter of consumer perception as well.

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“Eating the Cost” of Wasted Food – And Sometimes, That’s OK (Waste Matters Part 6)

file000759801093-1 Food is wasted at grocery stores. This is a fact of the food supply chain. We have talked about this in previous posts in this series, sharing expert insight from Kevin Brooks, senior vice president of marketing at iTradeNetwork – a provider of supply chain management solutions for the food industry, who explained many reasons how and why food gets thrown out. Today, we continue this conversation, with Kevin pointing to the importance of quality produce for grocers. In the end, quality is often more important to retailers than (an overabundance of) quantity.

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