Category Archives: Supply Chain

Concerned About Vendor Credential Compliance Risk? Now There May Be a Way to Rest Easier: GIS

Supply Chain Fraud

The management of compliance risk in the supply chain must be attacked in a number of ways — almost always based on the organization of the right data and information. We recently had the opportunity to speak with David Bartley and Patrick Espie of General Information Services Inc. (GIS) to learn about the company’s latest offering, vendor credentialing management (VCM), which effectively enables companies to manage a certain dimension of compliance (credentialing) risk in their supplier network.

GIS is one of the top employment-related background checking service providers. The 50-year-old company was listed on the 2016 Workforce Magazine “Hot List,” where it was reported that the company served more than 2,350 companies by processing employment-related screenings on more than 9.2 million people annually. Among GIS’ client companies are some very large ones, including one-sixth of the Fortune 500. GIS prides itself not only on its information and technology but also on its high level of service (provided by a client services workforce located entirely in the U.S.).

Understanding the KellyOCG Talent Supply Chain Maturity Model

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Earlier this year, we had the opportunity to attend the annual KellyOCG Analyst Day and write about it. One of the main points driven home at Analyst Day and elsewhere was the emphasis on “talent supply chains” in the KellyOCG client engagement strategy. At Analyst Day, something called the KellyOCG Talent Supply Chain Maturity Model or TSCMM was mentioned, but not discussed in detail. Spend Matters therefore followed up to receive a specific briefing on TSCMM.

Gartner Names Penn State as Top Supply Chain Undergraduate Program

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Gartner recently announced its list for top supply chain undergraduate programs in North America. At the top sits Pennsylvania State University, followed by Michigan State University — supply chain programs that have received top nods in various rankings in recent years. The two schools also tied for first place the last time Gartner released its Top 25 list back in 2014.

Restaurants & Retailers Clean Up Supply Chains, Remove Antibiotics and Harmful Chemicals

cage-free eggs

McDonald’s has officially removed chickens raised with antibiotics from its U.S. supply chain, joining a list of restaurants, food companies and retailers that have banned specific drugs or other potentially harmful ingredients in their products. Companies have taken steps this year to rid supply chains of potentially harmful additives or ingredients, as consumer demand for cleaner and more natural products grows.

Mobile Offerings Fail to Meet Supply Chain Needs: Survey

Simfoni

The majority of supply chain organizations have a mobile website or a mobile app, yet far fewer supply chain professionals actually use those mobile technologies. A recent survey of supply chain decision-makers on mobile solutions found many respondents do not feel current mobile technologies meet the needs of users and fail to solve critical pain points of the organization.

Majority of Supply Chain Organizations Plan to Increase Use of IoT

Internet security

Supply chain organizations are increasingly leveraging the internet of things (IoT) to improve operations and improve customer service. A recent survey of 600 supply chain decision-makers shows a majority of organizations either have or plan to have an IoT strategy in place. The survey was conducted by eft, a business intelligence company service the logistics and supply chain industry. Of the supply chain managers surveyed, 60% worked for logistics providers and the remainder worked for manufacturers or retailers.

Book Review: Legal Blacksmith — How to Avoid and Defend Supply Chain Disputes

book

We are in the middle of a great period for procurement and supply chain books, with several very impressive examples being published over the last two years or so. (We’ve linked to our overview of some of those at the end of this article). Now, there is another impressive publication to add to the list. "Legal Blacksmith – How to Avoid and Defend Supply Chain Disputes" has a different perspective to any book we have seen previously in our sector.

Brexit: A ‘Huge Supply Chain Problem’

Brexit

Much of the rhetoric around Brexit has been very political, but the global business community needs to become a bigger part of the conversation, according to Bindiya Vakil, founder and CEO of supply risk management and market intelligence solution provider Resilinc. Brexit is not a local or regional problem — it will impact companies around the world, she said, adding this is a “huge supply chain problem.”

What’s Keeping Food Companies From Improving Traceability in the Supply Chain?

food

Food product traceability continues to be challenge for companies, especially in the event of a food recall. An in-depth, multi-year research project led by Notre Dame Assistant Professor Kaitlin Wowak, who has a Ph.D. in supply chain management, aimed to gain insight on what exactly is hindering food product traceability. One would assume food companies know where their products are coming from and where they are being distributed, Wowak said. However, the complexities of companies’ supply chains make that process harder than it sounds.

Manufacturing Buyers Look to Expand Supply Base in 2016

manufacturing

A majority of manufacturing sourcing professionals expect to increase or maintain their supply base this year, with buyers looking to source goods from new areas around the world. Nearly 40% of manufacturing buyers surveyed for the latest MFGWatch 2016 report expect to grow their supply base in 2016. Thirty-seven percent said they will maintain their current supply base. The MFGWatch report, which identifies trends and issues in the U.S. manufacturing industry, showed manufacturers are generally optimistic about the year ahead and expect their firms to grow in 2016.

Companies Increasingly Dedicating Sustainability Resources to Supply Chain Functions

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Companies are increasingly embedding sustainability resources into their supply chain organizations. The latest State of the Profession report from GreenBiz, which examines how the role of sustainability executives has evolved over the years, shows a growth in supply chain sustainability efforts. In 2014, the number of companies dedicating sustainability resources to supply chain efforts grew 10%, according to GreenBiz research. In 2015, that number jumped to 26%, showing significant growth in the last two years.