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Image via Flickr by Mike Poresky The best procurement experts are continuously seeking out the most cost-effective procurement sources. Even when the supply chain runs seamlessly and achieves best costs, there are always alternatives that could offer better benefits to your overall operations and profits. If It’s Not Broke… Why would you actively search for…
Image via Flickr by Leonardo Rizzi Cisco has a global supply chain that supports more than 300 product families. The company strives to meet the needs of a wide range of customers, something that’s not easy to do when each customer has unique fulfillment needs. Cisco recently made several changes to improve fulfillment processes and…
Image via Flickr fervent-adepte-de-la-mode More and more brands join the sustainable sourcing movement each year. Ralph Lauren Corporation is one of the latest companies to make a commitment to manage its supply chain in a way that benefits the environment. The company has new sustainable sourcing guidelines for its wood-based fabric products and will also…
Image via Flickr aushiker In 2015, ocean cargo rates for contracts on major East-West routes saw a sharp decline. As a result, carrier profits have been suffering. Contract rates have fallen because of lower fuel costs, more carrier competition, and surplus vessel capacity. Take a look at what this means for the transportation industry now…
Image via Flickr by magerleagues Amazon just rolled out a new program in Manhattan, New York, where customers can have items delivered to their home in one hour or less. If the program is successful, it could be added to several other large cities in the U.S. However, many people are skeptical that the one-hour…
Image via Flickr by Janet 59 “Vast amounts of money, combined with a secretive purchasing process, can be a formula for corruption.” Zachary Mehan, a communications assistant at the Transparency International Defence and Security Programme, made this statement in reference to government defence procurement, but it can easily refer to all sectors of the procurement…