Thought restaurants, furniture, chipmakers and groceries were experiencing all the “fun” with the current supply chain woes? The aviation industry gets to enjoy the “fun” too. The aviation industry was already hit hard due to COVID and travel restrictions. Now that travel restrictions are slowly being relaxed and travel starting to surge, the industry is…
With the pandemic, we saw how over-reliance on Chinese suppliers exposed holes in supply chains. Add in trade & tarrif wars, it’s a smart move to look at contingency plans for your supply chain (if you haven’t already). But trying to find suppliers outside of China isn’t necessarily an easy task. Are you looking to…
There’s been a shift in procurement to provide more value other than simply focusing on price. While the shift in vision is commendable, are you seeing this shift in your own day-to-day job? What other ways are you trying to deliver value throug better procurement practices?
With many people around the world working from home, you’d think the demand for electricity would be up. In terms of electricity procurement tenders, looks like tenders are down by 28% for Q2 of 2020.
The 2008 financial crisis put the global container industry in turmoil. Since then, the road to recovery has been long and difficult. Even A.P. Moeller-Maersk, the biggest shipping company in the world, has cut costs and adjusted its operations accordingly. Around the world, several ocean carrier mergers have occurred in order to keep companies in…
Electric vehicles aren’t new to the market, but electric trucks are. Most electric vehicles are small and don’t have much horsepower. Trucks need to be able to pull thousands of pounds in freight, so they need significant horsepower. That’s one reason the debut of electric trucks is so exciting. Take a look at how electric…
Farmers have been implementing new technology for decades. Today, some dairy farms can practically run themselves thanks to technological advances. Thanks to robotic milking machines, cows can roam freely and then go to a milking station when they need to be milked. This automated process saves farmers a lot of time and allows them to…
For over two years, Amazon has operated its Prime Pantry service, through which it delivers non-perishable grocery items to customers’ homes. Now the company aims to implement a new program that delivers all grocery items, even those that need refrigeration. Take a look at this new program, called AmazonFresh, and learn how Amazon continues to…
Most companies around the world do not have supply chain practices in place to promote sustainable sourcing. As customers push for sustainability, however, this issue is becoming a big deal. Take a look why consumers are demanding more sustainability and the steps companies are taking to improve.
Forced labor is a serious problem around the world, but many companies have begun to stand up for human rights by boycotting all forced labor goods. KitKat recently announced its participation in ethical procurement. Take a look at how this chocolate brand is getting involved.