Manager of external risks Disruption in the worlds supply chains are unlikely to reduce in number or severity, especially as the influence of climate change increases. There is an increasing need within companies to identify and understand the risks attached to the supply of materials and components, especially those from a single source supplier or country or geographical cluster. Every … Read More
Procurement sourcing change a challenge in this decade
Procurement strategy varies The disruption experienced in the recent past highlighted that complex supply chains can delay the planned introduction of new products, shipping schedules can (and do) change at short notice so that lead time are doubtful and the total cost of ownership (TCO) becomes difficult to calculate. However, within the new terminology of flexibility, resilience and sustainability there … Read More
Implement Sustainability in your Supply Chains group
Why make the effort Supply Chain professionals will face a challenge in the near future: reduce emissions through the company’s supply chains while managing costs. Reuters reports that about 70 percent of businesses worldwide are exposed to unexpected extreme weather events that will likely impact profitability of the business. Investing in projects that limit the effects of climate change is … Read More
Develop the Design Map for Extended Supply Chains
Disruptions in supply chains Is there a need to know about your organisation’s Extended Supply Chains – upstream and downstream from the Tier 1 suppliers and customers? The answer is Yes. Disruptions in supply chains can often be caused by situations at Tiers 3 and 4 suppliers and logistics services. Current environment based examples are: a lack of water in … Read More
Mapping the Flows through Core Supply Chains
Commencing the Sustainability journey The reporting standards for Sustainability discussed in the previous blogpost provide a template for understanding and reducing the environmental, social and governance (ESG) effects that each business can cause. Although your business may not be initially required to report through one of the standards, your company’s customers may need to report and therefore will require your … Read More