A state-of-IT-risk survey being conducted by APQC seeks to examine supply chain organizations' experience with IT risks and the steps organizations are taking to identify, quantify and manage these challenges.
Forty-six percent of leading companies report achieving more than four percent post-contract financial benefits from better supplier relationship management, according to research conducted by State of Flux. The research is in its sixth year and includes responses from more than 500 global companies across more than 20 industry sectors.
The Ebola crisis has given rise to the usual epidemic of misinformation, overreaction and lack of preparedness by individuals and business. Will we ever learn?
The road to creating user-friendly, science-backed, technology-enabled supply chains is paved with good sustainability intentions that get foiled by today's dynamic, global complexities. Achieving sustainability of scale requires involvement of the entire supply chain. To meet the needs of customers and markets, manufacturers need up-to-date and accurate information about their suppliers' materials and components.
Nearly a quarter of respondents to a survey claimed their organisation had suffered losses of at least €1m ($1.25m) during the previous 12 months (up from 15 percent last year) as a result of supply chain disruptions, according to a report from the Business Continuity Institute. Slightly more than 13 percent suffered a one-time disruption that cost in excess of €1m (up from 9 percent last year). The study also showed that 40 percent of respondents claimed their organisation was not insured against any of these losses while 20 percent were only insured against half of these losses.
By 2019, retail sales from all channels are expected to hit $19.6tr, according to market research company Euromonitor International, and beginning five years from now as much as a third of new retail sales will come from China.
In the world of supply chains, signing on a new partner or trading partner has typically marked the beginning of a marathon. Whether by electronic data interchange, EDIFACT, cXML, ebXML, value added networks, portals or the rest of the alphabet soup of connectivity approaches, a great deal of time and effort is required to get trading partners’ systems aligned - even if trading hubs are involved. Every company has a different system, and different processes for getting things done. For a company with thousands of trading partners, imagine how much in resources it gobbles up just to manage and keep every partnership aligned. Of course, cloud changes all that right?
Four years ago, when its little card reader attachments for phones and tablets began to show up in cabs and at farmers' markets, Square was one of the coolest, most innovative companies in Silicon Valley. That's over.