Boeing is stepping up customer outreach two days after revealing it had known long before the first 737 Max crash in October that a cockpit alert wasn’t working the way buyers of the jet had been told.
Sun Pharmaceutical is scouting for a partner in China to help it win a larger piece of the world’s second-largest drug market, where the government is on a mission to drive down the cost of healthcare.
The solution analyzes product spend, vendor contracts and commodity market intelligence to identify sourcing opportunities, streamline process and expand supplier collaboration.
The U.S. push to challenge China’s dominance in the production and sale of electric vehicles has at least one weak link: Most of the raw materials needed to make the batteries are dug elsewhere.
A 2014 Deloitte survey found that 69 percent of chief procurement officers saw cost reduction as their main priority over the following 12 months. In 2018, the same survey showed that the number had jumped to 78 percent.
The measure comes as the London Metal Exchange carries out a supply-chain review to address concerns that cobalt stored in its warehouses may be linked to child labor.
As supply-chain design and management struggles to live up to modern-day business imperatives, enterprise decision makers have turned their gaze toward the inefficiencies plaguing it.