By Jim Wetekamp   There’s a vast difference between the world’s best-performing procurement teams and everybody else.The top procurement teams drive the growth and profitability of their organizations and create an unrivaled financial advantage over competitors. The rest? They still operate as a back-room function, adhering to conventional procurement practices that ...

The Greek financial crisis threatens both regional and international supply chains. Supply chains have been affected by the ongoing financial crisis in Greece. According to a Wall Street Journal Report, the Greek government’s decision to shut down the country’s banking system for seven days will have a negative knock-on impact ...

McDonalds employees promote their food on the Qianmen Street in Beijing, China, March 24, 2010. Photograph: Imaginechina/Corbis Professor Chris Elliott’s long-awaited review of the food industry, which was commissioned in the wake of the horsemeat scandal, is expected to be published at the start of September. Based on the review’s ...

Nespresso has announced it will invest nearly $550 million USD over the next six years to implement a new sustainability strategy aimed at achieving carbon neutrality, as well as 100 percent responsibly sourced coffee and managed aluminium. Dubbed “The Positive Cup”, Nespresso says the strategy is based on Nestlé’s approach ...

The Society for Mining, Metallurgy & Exploration has submitted comments to the White House Office of Science and Technology Policy regarding its request for information about critical and strategic materials supply chains and their importance to US prosperity and national security. SME’s comments focused on the role of maintaining an ...

Retail supply chains are longer and more tangled than ever before – the complexity of the data sets and the management of far-flung suppliers coupled with high customer expectations around service and reliability are taxing traditional approaches to supply chain management to their limits. Supply chain analytics and management plays ...

Innovation has, and will always be, key to a company’s ability to achieve long-term success. For us and for UPS—both pioneers in our fields—innovation is part of the corporate DNA. Whether it’s creating technology that changes the way people live or reshaping the processes that affect how businesses run, our ...

Consumer tech giant Apple is readying its supply chain to manufacture a 12.9-inch iPad tablet computer with production set to begin in the first quarter of 2015. Apple now makes iPad units that measure 9.7 inches, such as the iPad Air, and 7.9 inches, such as the iPad mini. The ...

Real estate is an important pillar of supply chain strategy, yet in the press of day-to-day supply chain operations, it is often viewed as a secondary or occasional consideration. Moreover, it is frequently treated on the tactical level, as an execution-related decision. This view is changing, however, driven by the ...

The increasing focus on the delivery of superior consumer satisfaction has a profound effect on the way consumer products manufacturers provide world class customer-centric experiences. WhileMan taking stock the cost of products and services will always remain a critical factor, forward thinking companies are implementing solutions that respond quickly and ...