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Outsource magazine: thought-leadership and outsourcing strategy | August 22, 2017

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Supply Chain

Challenges in Global Chocolate Industry – Tackling Child Labor

August 4, 2017 |

As of 2016, the global chocolate industry is roughly a $100 billion industry1. The main resource required to support that industry is, of course, cocoa. Cocoa requires a very specific growing condition and as a result can only be grown … Read More

The Drive for Business Improvement in Fleet Management

July 28, 2017 |

Richard Hipkiss, Managing Director of Fleet Operations, examines why the fleet department is ripe for outsourcing and explains the potential for cost savings and business improvements.

The vehicle fleet’s impact on the bottom line is too often underestimated. Part of … Read More

The 2017 Sustainable Procurement Barometer

July 6, 2017 |

 

Key changes are happening in supplier Corporate Social Responsibility (CSR) risk programs  — both in scaling up of supplier assessment/monitoring programs, and which CSR issues are getting focus.  Since the first study carried out over 10 years ago, … Read More

Reverse Auction: Friend or Foe?

June 29, 2017 |

Procurement organizations have been using reverse auctions in sourcing events for decades as a means to reduce spend, introduce new vendors into the supply base and remain competitive in the market. While reverse auctions have flourished since the mid 1990’s, … Read More

How Big Data Can Improve Supply Chain Efficiency

June 2, 2017 | 1

Recently, supply chain professionals have recognized that better data collection and increased computing power can track sourcing, scheduling and routing better and faster than any human. Applying big data to thorny supply chain problems is still an emerging art as … Read More

Why multiplying compliance risks demand a calculated strategy

May 10, 2017 |

In the past, compliance risk was a top-of-mind issue among select industries: regulators appeared to have banking and financial services, along with energy and extractives, under a constant microscope. But as supply chains expanded across oceans and continents, and countries … Read More

Is your supply chain free from human rights abuses?

May 2, 2017 | 1

A 2012 report by the International Labour Organization (ILO) estimated that nearly 21 million people worldwide are victims of forced labour, with the highest concentrations found in countries in central and southeastern Europe and in Africa. With complex global supply … Read More

How retailers can drive sustainable savings through strategic sourcing

April 11, 2017 |

Growing economic uncertainty has seen many businesses look to procurement for a means to increase savings and ultimately drive growth. This is especially true in the retail industry where common issues include mounting costs, struggling suppliers, increased competition and expanding … Read More

The future of retail outsourcing: Amazon versus Walmart

March 27, 2017 |

Wow! Isn’t it amazing how quickly things change? In the early 2000s, the very pinnacle of outsourcing was Walmart. Walmart didn’t outsource its own operations. Instead, it made history by working with offshore suppliers, introducing American consumers to low-cost Chinese … Read More

Sustainable procurement: a necessity for businesses of the future

February 17, 2017 |

As regulations and consumer pressures shift and organisations are increasingly exposed to risk – reputational and beyond – the procurement industry faces a critical juncture. This dynamic has created a business environment where sustainable procurement programs are no longer just … Read More

Extending the corporate risk profile to road safety

January 9, 2017 |

Leading companies are working to extend management of the corporate risk profile to road safety. This is achieved by acknowledging key challenges, understanding the big picture and launching well-targeted strategic programs that consider local challenges and solutions. Such programs include … Read More

Fashion and apparel: labour practices in the supply chain

January 6, 2017 |

In 2015, the Joint Economic Committee of the United States Congress reported that the fashion industry globally is valued at $1.2 trillion. (Ref. 1) Of that $1.2 trillion, more than $250 billion is spent annually in the United States alone … Read More

Reliance upon ERP systems alone could be damaging your growth ambitions

November 4, 2016 |

The world is growing increasingly complex. As such, agile capabilities and the ability to quickly adapt to changes in global environments are becoming more and more important. Events like the rise of extremist terror organisations and the dissemination of technology … Read More

Big Problems, Big Ideas and New Ways of Looking at Things

October 31, 2016 |

This month’s SIG Global Summit in Carlsbad, CA featured a wide range of expert speakers and engaging topics, including 1) the increasing importance of third-party risk management, and 2) the competitive imperative to leverage business intelligence from big data. … Read More

Are underdeveloped business practices holding back your growth?

October 3, 2016 | 1

For outsourcers, a commitment to best practice processes is absolutely vital for success. They not only ensure that your business is offering best-of-breed services, but they also go a long way in reducing overall business costs and working capital by … Read More

Air freights, drones, and the Internet of Things: what is the future of the supply chain?

September 26, 2016 | 1

Since the dawn of the Industrial Revolution, the global supply chain hasn’t really changed all that much. Products are made from raw materials in factories, shipped off somewhere else (either by land or sea), stored in a warehouse, and then … Read More