Supply Management

Two-Thirds of Firms Have Supply Chain Visibility

January 4, 2017

Supply chain disruptions have cost one in three organizations more than €1m ($1.06m) in the last year, according to a report. "The Supply Chain Resilience Report," published by the Business Continuity Institute and supported by Zurich Insurance Group, said the overall number of organizations experiencing supply chain disruptions fell from 74 to 70 percent.

Brands and Shippers Sign Agreement to Join Forces Against Counterfeiters

January 3, 2017

Supply Management

Shippers and brand owners have joined forces to sign a declaration aimed at preventing the transport of counterfeit goods. The declaration acknowledges the "destructive impact" of counterfeits on international trade and calls on the maritime industry to address it through zero tolerance, strict supply chain controls and other due diligence checks

Deforestation Holds $906Bn Supply Chain Risk

December 29, 2016

Supply Management

The value of global products and services that depend on commodities linked to deforestation has been calculated at $906bn. In a report the Carbon Disclosure Project (CDP) said this revenue was at risk because the commodities in question - timber, palm oil, soy and cattle - are not sustainable when they lead to deforestation.

Mobile Phone Masts Support Vaccine Supply Chain

December 28, 2016

Supply Management

Innovative partnerships between private sector companies, voluntary organisations and governments can help solve global challenges and provide access to healthcare and food, according to a report by SCM World and the Bill and Melinda Gates Foundation.

Firms Use 'Rule of Thumb' to Plan Supply Chains, Report Says

December 27, 2016

Supply Management

European manufacturers are failing to make the most of data and analytics tools to plan and segment their supply chains, according to a new report.

Millennials Switch Brands Over Supply Chain Ethics, Not Marketing Image, Research Says

December 22, 2016

Supply Management

Millennials are more likely to switch brands over a company's product quality or supply chains than its marketing or image, according to research. A survey found quality, ethical or sustainability concerns were much more important in a decision to ditch a favoured brand than its social media presence or a "cool" website or mobile app.

Report Predicts 'Sharp Rise' in Wholesale Food Prices for 2017

December 21, 2016

Supply Management

Wholesale food prices are predicted to rise by 3.4 percent in 2017, according to a pricing index. Uncertainty around the UK's future relationship with Europe, currency fluctuations and the outcome of the Donald Trump's presidency could lead to sharp rise in inflation, it said.

Speed And Risk To Be Top Supply Chain Issues in 2017, Survey Says

December 19, 2016

Supply Management

Speed and risk minimisation will be the top issues concerning global supply chain executives over the next year, according to a survey by software company AEB and the University DHBW in Stuttgart, Germany.

U.K. Manufacturing Growth Slows

December 13, 2016

Supply Management

Growth in U.K. manufacturing slowed in November as the weak exchange rate continued to drive up input costs. In response firms raised factory gate prices, raising fears this might offset any positive effect of a weaker pound on exports.

New Trading Platform Sources Legal and Certified Timber

December 8, 2016

Supply Management

A new trading platform to assist buyers of timber in sourcing legal or certified products from all over the world has been launched. BVRio Environmental Exchange has announced its responsible timber exchange index to facilitate the screening of timber products and their supply chains.