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…
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…
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.
Only a few months have passed since the Brexit vote happened, but many people don’t understand that Britain hasn’t actually left the EU yet. What the Brexit vote did is require Britain to give the EU a two-year formal notice that the country will be leaving. Britain hasn’t actually given its notice to the EU…