Walmart has announced a 95 percent reduction by weight of "high priority chemicals" from certain products sold in U.S. locations, according to its latest global responsibility report.
A large number of U.S. companies that are experiencing growth are also making moves to cut costs that are more typical of businesses in distress, according to a new Deloitte survey.
Procurement organizations struggle with resiliency due to a lack of bandwidth and sufficient budgets, according to "Is Your Luck Running Out? Managing Supply Risk in Uncertain Times," a report from A.T. Kearney and Rapid Ratings International.
Mobile app use for grocery shopping is growing quickly, particularly among millennials. Roughly 43 percent of shoppers in this group say they use some kind of mobile app to grocery shop, according to a recent Shopper STAT study by Progressive Grocer.
Few supply management leaders think that their businesses' management teams appreciate the potential of modern supply management. Business leaders disagree. They are adamant that they understand the strategic potential of modern supply management, but that doesn't mean that their businesses are reaping the benefits.
Most business leaders stress the importance of understanding customers to stay relevant in today's fast-changing competitive environment. Why, then, do many companies focus inward and, as a result, overlook or underestimate change signals?
Sparks are flying between the chemical industry and organized construction labor - two groups which, by working together, could have a major impact on economic growth and job creation in our country.
Too many ships, too much rate discounting, and too many service providers for the market to support: the outlook for ocean carriers is "pretty bleak indeed."
Across many industries, both business planning and key decision-making are increasingly informed by big data. As pressure mounts to match business operations to the record pace of current, aggressive market innovation, more organizations are looking to base decisions on hard numbers in order to mitigate risk and raise return. But faulty interpretation of data invites error in deriving and applying insights.