While many companies are being hit hard in the food & beverage industry, Inspire Brands, the multi-branded restaurant group, with brands such as Arby’s and Buffalo Wild Wings, started rolling out the CMX1 platform for their global supply chain management. Time will tell whether this implementation will help them with cost savings and efficiency in…
The pandemic has forced many retailers to offer curbside pickup for online orders as a new option for their customers. While it’s a phenomenon mostly seen in North America or places where having a car & driving are common, it looks like curbside pickup is beneficial for both the retailer and the customer. Curbside pickup…
Swedish autonomous drone truck startup, Einride, recently unveiled their autonomous vehicles called “Autonomous Electric Transport” or AET, with the hopes of being on the roads delivering freight starting as early as 2021. What’s so special about Einride’s vehicles? They don’t come with any steering wheels, accelerator pedals and even no windshields (basically removing the need for…
Uber supposedly “disrupted” (I hate that word) the taxi & transportation industry. So, it’s not surprising they also have a logistics/freight division. According to Morning Brew, Greenbriar Equity Group invested $500 Million into the freight division. Apparently the freight division is growing quite nicely (at 27% growth). What exactly do they do? The app matches…
Fast fashion retailer, Boohoo, via Retail Brew, is in hot water after an audit of their supply chain. The audit found Boohoo’s suppliers were guilty of paying lower than minimum wages and having their workers work in unsafe conditions. The lack of enforcement of standards & governance over their suppliers resulted in them being booted…
Via the Morning Report and WSJ, some auditors are refusing to inspect factories based in Xinjiang region, where reports of abuse of human rights against Muslim Uighurs have been circulating for many years. Also, that region has restrictions imposed making it harder for factory inspections to take place properly. Meaning, some companies have already started…
Electronic Data Interchange (EDI), is a method to automate your order to cash process – reducing (or even eliminating) manual data input (resulting in lower costs and lower chances of incorrect data entry). Leveraging automation to reduce your operational costs is a great way to create value in your supply chain. Read on for more…
Lizan Molmans, CPO of Eneco, share some insights into her career in Procurement. Like many professionals – she didn’t set out to work in Procurement. But over the years, she shares that there’s a place for being “authentic” to succeed in the role. How about you? What insights have you gained to be successful in…
Have you wondered how much the global public procurement market is worth? This complimentary report looks at how governments around the world are spending. Get the report here.
Brexit news has kind of fallen into the background amid the COVID-19 pandemic but it’s still a big issue for the UK and the rest of Europe. For procurement professionals, you might be wondering what (if anything) will change when it comes to public-sector procurement in a post Brexit world? You can find some guidance…