Global supply chain risk grew for the fourth consecutive quarter as the CIPS Risk Index, powered by Dun & Bradstreet, rose to 81.6 in Q3 2016 from 80.8 in Q2. The figure is the highest since 2013 and has been driven by increases in supply chain risk in Western and Central Europe. The Index, produced...Continue Reading
Almost eight in 10 of firms say managing supply chain risk is a growing requirement for them. A survey conducted by Greenstone found 72% of companies were collecting non-financial information from suppliers, though 43% only collected data as part of a tender process. In a report Greenstone said: “Therefore these organisations are not conducting ongoing...Continue Reading
Almost one third of supply chain processes are inadequate, new research has revealed. A global cross-sector analysis of 1,000 assessments carried out by consultancy Crimson & Co showed 29 per cent of firms had poor supply chain processes. Crimson & Co defined poor processes as instances where few people in an organisation understood business processes,...Continue Reading
Almost two thirds of buyers think their organisations are not managing their supply chain risk effectively. Responding to a mini-poll held during a webinar organised by Supply Management in association with business information publisher Bureau van Dijk, 63 per cent of listeners said they didn’t believe their organisations managed threats in the best way. Ted...Continue Reading
Fifty per cent of the organisations quizzed in a global supply chain study have experienced a non-compliance issue from a supplier. A survey of more than 100 supplier compliance and governance professionals found organisations were increasingly being held responsible for the actions of their providers. And companies are stepping up efforts to manage compliance globally,...Continue Reading
Suppliers and manufacturers should be partners to reduce the risks of an increasingly diverse and globalised supply chain, according to an expert. Global consulting firm Strategy& said the recent recall of millions of automobiles due to defects with airbags from supplier Takata highlighted the issues that come with the reliance on an increasingly lean supply chain. Reid Wilk,...Continue Reading
A report from World Economic Forum (WEF) says that firms that create responsible supply chains see a “triple supply chain advantage”, with increased revenue, reduced supply chain costs and a boost to their brand. Beyond Supply Chains identifies a set of 31 practices to promote socio-environmental and commercial advantages, which it calls a “blueprint for...Continue Reading
More than half of companies have sustainable purchasing policies, but just 15 per cent have staff dedicated to manage supply chain sustainability. A study of 430 companies found two thirds of firms define the factors of sustainability across the supply chain. According to the Sustainable Supply Chain Review 2014, which analysed sustainability reports from businesses...Continue Reading
Growing public concern for the environment and the potential to increase profits are driving companies to pay more attention to their ‘green’ footprint – not just in the products they manufacture, but also in the supply chain that carries them, says a report commissioned by DHL. Closing the loop – building the environmental supply chain...Continue Reading
Three key global players working on multi-million pound investments in UK rail infrastructure and rolling stock projects meet Welsh businesses in Cardiff next week to highlight potential supply chain opportunities. Bombardier Transportation UK Ltd, Hitachi Rail Europe and Alstrom Transport are hosting the rail industry supply chain event in conjunction with the Welsh Government. Procurement...Continue Reading
