Almost 72 percent of senior supply chain and operations executives are not completely confident in their organizations' product recall and traceability abilities.
Nearly nine in 10 (88 percent) executives surveyed for the quarterly Robert Half Professional Employment Report said they anticipate no changes to the size of their teams in the next three months. Five percent of respondents plan to add full-time, professional-level staff in the third quarter, while another 5 percent indicated they will make personnel reductions. Recruiting challenges continue to surface for executives - 69 percent of those interviewed said they are having difficulty finding people with the skills they need, up eight points from the second-quarter survey.
Earlier in the month, Congress and President Obama reauthorized legislation surrounding the Export-Import Bank, ultimately extending its lending authority for another two years and increasing its credit limits.
Have you ever bought something where price wasn't the deciding factor? A cup of coffee because it tastes better, perhaps? Or maybe a pricier mechanic's services because you trust him? Purchasing decisions in our lives aren't black and white, and they shouldn't be in corporate purchasing departments either.
Spend analytic projects are often driven to meet key goals of the chief procurement officer and procurement organization, chiefly cost savings. However, there are also many different possible uses or goals for spend analytic tools and projects, which might be driven by other executives or offices as well.
Each disruption in global supply chains seems to bring a new surprise. On March 31 of this year, it was an explosion and fire at a chemical plant in Marl, Germany. The incident at the factory of Evonik Industries resulted in the deaths of two workers and caused damage that will take all summer to repair.
A year after adulterated heparin caused deaths in the United States and Europe, inspectors in California were still finding contaminated product in hospitals throughout the state, even though the manufacturer had sent out multiple recall notices, and the issue with the product was well known. As the pharmaceutical industry responds to regulatory mandates to address such weakness in the supply chain, it's important to ask, "Could this same thing happen in a 'serialized' world?"
Rizwan Asim, head of procurement and supply chain with SSC Al-Suwaidi Holding Co., discusses how integrated demand planning is helping Middle Eastern retailers to cope with a market boom.