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Image via Flickr by Los Amigos Del Fuego It’s unclear whether global instances of procurement fraud are actually on the rise or if law enforcement has just become more vigilant in catching and prosecuting these criminals. Whatever the answer, there have already been many significant cases of procurement fraud identified worldwide in 2013. Here is…
Image via Flickr by victor1558 Supply chain experts and business analysts use many different models to forecast supply and demand. When it comes to forecast accuracy, no single technique gets it right every time, but the tips below can help you improve your projections.Oops! You don’t have permission to view this page! Make sure you’re…
Image via Flickr ProgressOhio Over the past few years, advocacy organizations and consumers alike have brought attention to slave labor and other forced labor situations present in supply chains. As a result, many companies have committed to researching their procurement line to ensure that they don’t rely on these practices. Now, President Obama has signed…
Image via Flickr by opencontent Until now, companies and their executives have operated under the assumption that those suppliers with which they spend the most money are those which would impact their business the most if the supplies were disrupted. However, a new study conducted by MIT found no correlation between how much a company…
Image via Flickr by marcopako Millions of Americans grab a cup of coffee from Starbucks on their way to work each morning. In this niche market, smart business decisions mean this coffee chain stays on top in terms of sales. Starbucks leads the market with an efficient supply chain and careful attention to product sourcing.Oops!…
Image via Flickr by Nick Saltmarsh Technology guru IBM and logistics expert JDA Software Group Inc. are teaming up to provide shippers with an omni-channel supply chain system. It will help shippers make decisions based on real-time data and provide customers with the best possible fulfillment options.Oops! You don’t have permission to view this page!…