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Home    Membership    Members    Education    Products    Publications    Professional Credentials Aug. 30, 2011


Adopt best practice to avoid outsourcing problems
Supply Management    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Understanding what your organization does best, and what suppliers can do better, is the key to avoiding the "pitfalls" of outsourcing parts of the supply chain, says Michael Dominy, research director at Gartner. Dominy's analysis into activities outsourcing has identified a number of best practices for buyers. He believes purchasers can prevent future problems by basing outsourcing decisions on "strategic and tangible factors," such as the overall business objectives, and not just cost. More

Next Generation Reporting with IQNdex
For executives, politicians and economists, the granularity of IQNdex based on the level of homework IQNavigator has done to rationalize rates with specific skill-sets and geographies will prove a useful leading indicator of economic growth and declines across the US. The biggest benefit will be for services procurement and HR practitioners, looking to make more informed contingent hiring decisions based on actual bill rates for specific job skills. more

Report urges manufacturers to rethink supply chain strategies
IndustryWeek    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A new PwC report warns manufacturers to rethink their supply chain strategies in the current climate of instability. "Supply chains and the manufacturing industry have been on a roller-coaster ride," says Barry Misthal, global leader of PwC's Industrial Manufacturing. Misthal says many manufacturers haven't determined "who their high-risk suppliers are or where the cracks and loose chinks are in their supply chains." More

CPO: An agent for change
CPO Agenda    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Why and how is the CPO role changing? What benefits has this brought, and what do practitioners predict the position will look like in the next five years? More

How to prevent self-inflicted disasters
strategy+business    Share    Share on FacebookTwitterShare on LinkedinE-mail article
All too often, companies unintentionally create their own worst crises. With a little awareness of organizational DNA, you can avoid that fate — and the headlines that go with it. More

A Better Forecast Ahead

A top industry analyst firm recently reported that organizations good at demand forecasting average 15% less inventory, 17% higher perfect order fulfillment and 35% shorter cash-to-cash cycle times than their peers, while experiencing one tenth as many stock-outs. Learn how today, download,
Seven Methods That Improve Forecast Accuracy.”

Consumer confidence sinks to 33-month low
The Journal of Commerce    Share    Share on FacebookTwitterShare on LinkedinE-mail article
U.S. consumer sentiment hit its lowest level since November 2008, a decline aggravated by political battles in Washington, according to a survey. "Consumers have shifted from being optimistic about the potential impact of monetary and fiscal policies to a sense of despair and pessimism about the role of the government," said survey director Richard Curtin. Consumer spending accounts for 70 percent of U.S. economic activity and a large portion of U.S. containerized imports volume. More

New technology boosts automated product tracking
EBN    Share    Share on FacebookTwitterShare on LinkedinE-mail article
One of the issues that creates problems for suppliers is making certain all parties along the supply chain have the same information about the same products. The issue may seem trivial, but considering that a manufacturer may have multiple systems tracking its products through its manufacturing process, synchronizing information about what the supplier is selling and what the buyer is buying can easily become confusing. Global data synchronization networks are quickly becoming the preferred way to keep all trading partners on the same page when it's time to place orders. More

100 percent screening becomes permanent US regulation
IFW    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A mandate requiring 100 percent screening of outbound air cargo freight from the U.S. has been finalized by the Transportation Security Administration. The final rule makes the air cargo screening mandate a permanent regulation. TSA is still considering whether 100 percent screening of inbound international cargo on passenger flights is feasible. More

How Lenovo balanced product line diversity with multiple supply chains
McKinsey Quarterly via SupplyChainBrain    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Lenovo's acquisition of IBM's personal computer operation set up a far-reaching business challenge — how to create a new global operating model that would meet two critical goals. The first was effectively managing the company's business diversity. The second was how to meet senior management's desire for greater standardization and efficiency by consolidating supply chains and financial management, and coordinating product sales more tightly. More

Supply chain mix-up ruled out in Nurofen drug switch
Procurement Leaders    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Drugmaker Reckitt Benckiser has sought to quell suggestions that a mix-up may have occurred in its manufacturing or supply chain after British authorities issued a safety alert following the discovery of packets of over-the-counter painkiller Nurofen Plus containing an anti-psychotic drug. Half a million tablets of Nurofen Plus were found to contain Seroquel XL, a prescription-only drug to treat serious psychiatric disorders, in London pharmacies. More

Thailand economy shrinks on supply chain woes
Press TV    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Thailand's economy slowed unexpectedly in the second quarter as supply disruptions in the auto industry caused by the natural disasters in Japan took a toll on Southeast Asia's second largest economy. Economists say that slowing recoveries in the U.S. and Europe could worsen the outlook as Thailand relies heavily on exports. More
ISM Supply Chain Weekly
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