Forty-six percent of leading companies report achieving more than four percent post-contract financial benefits from better supplier relationship management, according to research conducted by State of Flux. The research is in its sixth year and includes responses from more than 500 global companies across more than 20 industry sectors.
The road to creating user-friendly, science-backed, technology-enabled supply chains is paved with good sustainability intentions that get foiled by today's dynamic, global complexities. Achieving sustainability of scale requires involvement of the entire supply chain. To meet the needs of customers and markets, manufacturers need up-to-date and accurate information about their suppliers' materials and components.
OEMs' insistence on more and more cost reductions has caused painful friction in the relationship, according to the annual Global OEM-Supplier Relations Study conducted by IHS Automotive. The survey allows automotive suppliers to rate car makers on a variety of matters, including technology sourcing, profit-impacting factors, quality management and intellectual property protection matters.
APEX Analytix, a provider of software and services to safeguard disbursements and protect against identity fraud, has released a new version of its FirstStrike Supplier Portal.
More than two-thirds (68 percent) of B2B buyers now purchase goods online, up from 57 percent last year, according to a recent report from the Acquity Group.
Amid all the fine financial news Boeing can tout - a record order backlog, robust profit margins, a higher profit outlook - one of the airplane maker’s dreariest performers continues to be its highest-tech, most fuel-efficient product: the 787 Dreamliner.