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The 5 Most Difficult Obstacles for Procurement Professionals
The procurement industry is full of its share of headaches. Individuals working in supply chain management are faced with challenges everyday. You’ll find the biggest obstacles discussed below, along with tips to overcome them.
Understanding the 3 Levels of Supply Chain Management
Supply chain management is often taken for granted in the business world. Regardless of industry, the supply chain is the backbone of any company. It begins with procuring the materials or services needed to create the end product and continues until the finished goods are in the customer’s hands. This process typically involves a range…
Cradle to Grave Approach to Supply Chain Management Can Reduce Costs, Eliminate Problems
The very monotonous nature of the supply chain presents a unique opportunity for supply chain managers that few are aware of and even fewer use to their full advantage. Day after day, week after week, and year after year, companies go through the same processes of acquiring raw materials, shipping them to manufacturing facilities, turning…
What Happened to Derail BMW’s Supply Chain?
Bayerische Motoren Werke AG, or BMW, is the world’s largest and most recognizable manufacturer of luxury vehicles, catering to high-end customers in over 50 countries around the globe. BMW is most known for providing high quality vehicles, and catering to customers with excellent, timely parts and service. This has helped the company garner stellar customer…
U.S Company Abbott to Expand Pharma Operations to Russia in its Latest Acquisition
According to a report by Forbes, “Global healthcare major Abbott Laboratories has agreed to acquire Russian pharmaceutical company Veropharm for between 13.6 billion and 17 billion rubles ($395 million – $495 million) in an all-cash deal. Veropharm is one of the leading generic drug manufacturers in Russia and the deal is likely to give Abbott…
Ebay’s Supply Chain Just Got Better
Ebay hopes to make selling to overseas buyers from China more affordable and streamlined. That’s why they just partnered up with Winit Corporation, a logistics service provider in Shanghai. The two companies signed an agreement for Winit Corporation to provide eBay with supply chain services. This will facilitate faster delivery of goods from warehouses to…
Ferrari’s Supply Chain Is Facing More Demand
Ferrari is one of the best known high-performance vehicle brands around the world. Customers expect nothing but the best, and Ferrari delivers. That’s why the company has been so successful to date. However, demand for the Ferrari brand in new markets is presenting challenges to its supply chain. Ferrari must produce more vehicles without compromising…
Wal-Mart Brings on Their First Ever Third-Party Logistics Carrier
One reason why Wal-Mart has been able to expand so rapidly and beat out their competition is the fact that they control almost all of their own warehousing and shipping in house. Wal-Mart has several warehouses across the U.S. with their own fleet of trucks. However, that’s all about to change as Wal-Mart welcomes their…
Understanding the “China, Plus One” Strategy
China has become the leading manufacturer of goods in the world, but economic changes in the country are causing a shift in thought. For instance, wages for Chinese workers have tripled over the course of the past decade. This is causing manufacturers to move some outsourcing to countries where worker wages are still low. As…
Recent Articles
Why Are Coffee Futures Surging?
Why Are Coffee Futures Surging? As coffee bean prices have surged over the last couple of years, mainly due to climate and weather events, ​here’s a deeper dive​ into what’s driving coffee bean prices (a must read if your business buys coffee beans).
Automakers Will Be Hard Hit by Tariffs
Tariffs Are Starting to Hit Consumer Confidence The threat of a trade war through tariffs on Canada, Mexico, China and now the EU is coming to a head. Tariffs on Canadian, Mexican and Chinese imports are set to go into effect March 4th with an additional 10% on Chinese imports. All this tariff talk has…
How e-Commerce Supply Chains are Preparing for Potential Loss of De Minimis
How e-Commerce Supply Chains are Preparing for Potential Loss of De Minimis As the potential threat of losing the “de minimis” exception and potential tariffs on all sorts of imported goods into the US, ​here’s how​ some e-Commerce supply chains are dealing with these uncertainties. A Deep Dive into Humanoid Robots Your next warehouse co-worker…
Become a Certified Procurement & Purchasing Specialist (CPPS)™
The CPPS is offered through Ethan Hathaway:
- This certification is based upon and taught by industry practitioners, not just academics
- Earn the CPPS digital badge to display online, business cards & more