Category Archives: Supply Chain

Dumpsters: Where Food Goes to Die, or Waits for Those Who Dive

- November 25, 2014 10:07 AM | Categories: Supply Chain, Supply Chain Management, Sustainability

OLYMPUS DIGITAL CAMERA Last week, Spend Matters introduced a new series on the food supply chain – specifically, how much of it goes to waste (up to 40%). Today, we continue this discussion. Specifically, we talk about the food that ends up in dumpsters and the people who dig for it. We also share some more statistics about food waste in the US.

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Waste Matters! (Food Waste, That Is)

- November 21, 2014 6:22 AM | Categories: Supply Chain, Supply Chain Management

file9631308287997 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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Anti-Dumping Effort Gains Attention (and Spend Matters Network Weighs In)

Rep. Billy Long is pushing federal authorities to take a closer look at the goods global suppliers are shipping to the US. And, the world’s largest bedspring supplier, Leggett & Platt, is throwing its weight behind the effort – going as far as to hire a lobbying firm to convince lawmakers this is an important issue that needs to be addressed.

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Jeremiah Was NOT A Bullfrog!

- November 6, 2014 1:31 PM | Categories: Guest Post, Supply Chain

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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Will There Be Consequences for Apple Once GT Court Docs are Unsealed?

- November 6, 2014 10:15 AM | Categories: Supplier Management, Suppliers, Supply Chain

Looks like we will soon learn more details of what happened between the tech giant Apple and one of its suppliers, GT Advanced Technologies. GT, which makes synthetic sapphire used in smartphone screens, filed for bankruptcy last month, citing “burdensome contracts” with Apple. Reportedly, GT may have been faced with fines up to $50 million for each violation of confidentiality agreements with Apple.

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Protest This! The Country Supply Risk Shake Up – Hong Kong Climbs the Risk Index

- November 6, 2014 2:46 AM | Categories: Supply Chain, Supply Risk

file000494488819 The stability of countries in which our suppliers are based or have facilities has a direct impact on overall risk levels in our supply chain. Yet we often don’t pay enough attention to this macro supply risk factor. Moreover, compounding the challenge is that country supply risk can change quickly. Consider the case of Hong Kong, which according to analytics and information provider Maplecroft, has experienced “the largest increase in risk over the last quarter, due to the mass democracy protests of recent days. The Chinese administered territory fell 62 places in the ranking from 132nd and ‘medium risk’ to 70th and ‘high risk.’”

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Exploring the Very Real Reality of Financial Challenges for Smaller Suppliers

- November 4, 2014 6:11 AM | Categories: Analysis, Learning / Research, Supply Chain

When it comes to accessing working capital at market rates, there has become a greater division between larger and smaller firms – not to mention those in the middle. In today’s environment, investment grade companies have no challenge borrowing at extremely low interest rates. Whether printing commercial paper or accessing the long-term debt markets, it’s a good time to be big – and highly rated.

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Reducing a Supplier’s Cost of Capital in the Supply Chain

- November 3, 2014 6:38 AM | Categories: Analysis, Learning / Research, Supply Chain

We recently began to cover some of the highlights from the Spend Matters/ISM study, Reducing Costs By Optimizing the Financial Supply Chain, based on a survey of more than 300 CPOs, VPs and other procurement executives and managers. The report, authored by Pierre Mitchell, chief research officer for Spend Matters, and Paul Lee, director of research at ISM, considers the very real challenge, often not confronted directly by procurement, of balancing working capital cost and availability throughout the supply chain.

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“30 Under 30” Shines Light on Supply Chain Superstars

- October 30, 2014 10:15 AM | Categories: Breaking News, Featured, Supply Chain, Supply Networks

The manufacturing and supply chain worlds are dominated by baby boomers. While these sage procurement professionals have decades of experience in the industry, they will soon retire, and a younger generation will need to take over. ThomasNet.com and Institute for Supply Management recently teamed up to call attention to the most outstanding millenials in the industry in its first ever “30 Under 30” Rising Supply Chain Stars Recognition Program.

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Sourcing Event Complexity – Thinking Through Event Size Limits (Part 2)

- October 23, 2014 6:31 AM | Categories: Sourcing, Supply Chain

SONY DSC Earlier this month, I commented on Michael Lamoreux’s recent post in which he suggested that we should all “go big” when it comes to including as much coverage and complexity as possible in single sourcing events by leveraging sourcing optimization technology. His post is fabulous – but as I said earlier, Michael is channeling positive thoughts about most companies ability to even take advantage of the basics around sourcing event complexity (most aren’t even 10% of the way there to being able to push the limits of technology).

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Thinking Through Event Size Limits – Courtesy of a Sourcing Optimization Guru (Part 1)

- October 22, 2014 6:48 AM | Categories: Sourcing, Supply Chain, Technology

1368590906514fn When I worked at FreeMarkets in the early days before the advent of self-service sourcing tools, we used to think events with over 500 line items (grouped into half a dozen or so lots) were large. The items and the groups we lotted them into were generally part of the same category or families. At the time (15 years ago), we were using sourcing technology that was incredibly rudimentary compared with the power of tools that are available today that leverage the ability to conflict different bids from suppliers based on flexible submission capability. Moreover, bids can now cascade across different supply chain elements including raw material costs/requirements, transportation costs, value added steps, etc., and we can bring them together in a common event. It raises the question: How big is too big for an event?

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Supply Ecosystems: Creating Value For Shareholders and Members

- October 21, 2014 10:19 AM | Categories: Supply Chain, Supply Chain Management

14012721461s5gf The notion of collaborative “supply ecosystems” is one that puts the notion of traditional competitive supply chains on its head. For those who are curious, this paradigm is being posited by Penn State’s Christopher Craighead, Auburn University’s David Ketchum and the University of Tennessee’s Russell Crook in a forthcoming journal article in which they suggest that one of the elements that members of supply ecosystems will have to follow are balancing the “dual goals of creating value for themselves as well as other ecosystem members.”

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