As part of a program to cut costs and guarantee the lowest prices on the market, the big retailer seeks to boost its reliance on direct sourcing. But the change will require a major overhaul of its IT supply-chain infrastructure for dealing with key suppliers.
Intertek, a provider of quality-control and safety products for multiple industries, has launched its Find My Factory app for both iPhone and Android mobile devices.
Tom Heebink, western regional manager of the Biotechnology Industry Organization, explains the group's origin, and how it's helping fledgling biotech companies to attracting funding.
Mike Cleland, vice president of NorthHighland, discusses what biotech and pharma companies need to do to comply with new regulations for tracking products throughout the supply chain.
Tim Jordan, associate director for supply chain management with MAP Pharmaceuticals, talks about the key elements involved in setting up a strategic sourcing program for global companies.
This spring, President Obama said he had "good news" to report: Lost American jobs are returning to the U.S. "For a lot of businesses, it's now starting to make sense to bring jobs back home." In trumpeting this "reshoring" of jobs from abroad, the administration points to employers, including General Electric and Caterpillar, that have shifted some manufacturing to the U.S. The president also cited an April online survey by Boston Consulting Group showing that 37 percent of manufacturers with sales of more than $1bn and almost half of those with more than $10bn "plan to or are actively considering bringing back production from China to the U.S." Yet there's little data to back up claims of a reshoring rush.
The Consumer Goods Forum, an industry association of retailers, manufacturers and service providers, welcomes the announcement by the U.S. government at the Rio Plus 20 Conference to "forge a private-public partnership to support a concerted international effort to reduce deforestation by promoting sustainable supply chains."
Transportation spending is outpacing the economic recovery, but procurement teams lack the tools needed to boost efficiency and uncover long-hidden savings within logistics networks.
Everyone wants their business to grow, to broaden its operations within a territory or country and, eventually, across borders to other countries and continents. However, business expansion abroad entails a great deal of forethought, especially with regard to enterprise software applications.