The Supply Chain Category

Fragile Antibiotic Supply Chains Are Leading to Frequent Shortages, Worsening Antimicrobial Resistance

locum tenens

Antibiotic supply chains are fragile and at risk of collapsing, warns a new white paper from the Amsterdam-based Access to Medicine Foundation. Shortages of specific antibiotics are causing price hikes, delayed treatment and the prescription of lower doses or alternative antibiotics — which worsens the growing threat of antimicrobial resistance. Similar to the situation that the U.S. Department of Defense is in with its munitions procurement, the primary culprit in the instability of antibiotic supply chains lies in a shortage of producers.

3 Essential Factors to Facilitating Supply Chain Finance Adoption With Suppliers

finance

As general awareness about dynamic discounting and supply chain finance grows among practitioners, procurement groups are increasingly pushing their technology providers to offer early payment capabilities. These organizations are primarily seeking to strengthen their supply base, relieving the DPO stretch that has plagued small suppliers as of late while also improving their own working capital.

But while enthusiasm for such programs has grown with buying organizations and their technology providers, suppliers have been the reluctant missing piece to the early payment puzzle. To encourage the full spectrum of suppliers to fully adopt early payment, the parties offering these programs must team up explain the benefits in the supplier’s language, providing a seamless, flexible and fast experience that creates win-win scenarios for everyone involved.

Why E-Commerce Trends Necessitate the Adoption of Automation and Analytics Tools in the Retail Industry

In November 2017, the popular online retailer ASOS introduced a new “try before you buy” service. The scheme, as the name suggests, allows customers to order multiple items — say, the same shirt in different sizes, or different items altogether — and try them on. Then customers can return the items they do not want, and ASOS charges only for the items they keep. This flexibility may be helping e-commerce businesses win market share, but for many retailers, the inevitable flood of returns make for a growing risk, a report from Brightpearl finds.

Sole Sourcing and Lack of Weapon Design Experience to Blame for Pentagon’s Munitions Procurement Woes

The U.S. government is facing considerable challenges with its munitions procurement, as reported by Defense News in an article memorably headlined “The U.S. is Running Out of Bombs — And It May Struggle to Make More.” According to the latest annual Industrial Capabilities report from the Pentagon's Office of Manufacturing and Industrial Base Policy, sole sourcing and a lack of weapon design experience are crippling the U.S. industrial base.

Commodities Roundup: Aluminum Prices, Copper Output and a Resurgent Chinese Jewelry Market

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scour the landscape for what mattered this week.

Supply Management Compensation Rose Last Year, But Not For Top Earners

salary

Salaries and overall compensation for supply management professionals not only increased in 2017 but also rose at a higher rate compared with salary growth for professionals overall. According to the Institute for Supply Management (ISM)’s recently released salary survey, now in its 13th year, the average overall compensation for supply management professionals in 2017 was a respectable $117,425. This marks a 1.7% increase from the average overall compensation in 2016, which was $115,440.

Study Finds Nascent Adoption of AI and Robotics in Retail and Manufacturing Supply Chains

Take a guess: How widespread is adoption of artificial intelligence (AI) in retail and manufacturing supply chains? The answer is somewhat complicated. According to a recent survey from Eft, 46.1% of retailers and manufacturers report no usage of AI in their supply chain operations, but a significant percentage (33.4%) are using the technology in an experimental manner. Only 4% reported extensive usage on specific business processes or throughout the entire supply chain.

Commodities Roundup: Section 232 Tariffs Fall on E.U., Canada, Mexico; Alumina Prices Rise

aluminum

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scoured the landscape for what mattered this week.

Executives Continue to View Supply Chain as a Support Function Rather Than a Competitive Differentiator

Despite the push to transform procurement and supply chain from a back-office function to a strategic one, supply chain executives are still more inclined to see supply chain as a support function rather than as a competitive differentiator or a growth enabler, according to a recent report from Accenture. In “Drive Your Own Disruption: Is Your Supply Chain in Sleep Mode?” the authors of the report argue that new digital technologies are key to shifting supply chain beyond its support role.

Commodities Roundup: Critical Minerals, Copper Prices and Lead Leading the Way

conflict mineral

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scour the landscape for what mattered this week.

What Does the Data Say About Millennials in Supply Chain Management?

millennial

Judging from the many interviews and casual conversations that we’ve had with millennial professionals in supply chain management over the past few years, we can say with some certainty that this generation (roughly defined as those born between 1981 and 1996) is characterized by a desire for purpose, a willingness to collaborate, and an eagerness to look for technological solutions to problems. A new report from APICS, APQC and Supply Chain Management Review on millennials in supply chain largely supports these assertions.

Commodities Roundup: Steel Momentum, Copper and Rising Oil Prices

oil oversupply OPEC

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scour the landscape for what mattered this week.