The Chartered Institute of Procurement & Supply (CIPS) is partnering with Procurious, an online business network for procurement and supply-chain professionals, to form a social media knowledge initiative.
Challenge: A Fortune 100 consumer product company struggled to hit target metrics for fill rates, on-time delivery, damage rates and other key distribution metrics. The company needed immediate improvements to satisfy the demands of its retail customers.
Chris and Tope Folayan, two brothers who grew up in Nigeria and attended college in the United States, founded MallforAfrica in 2013. Tope earned an M.B.A. from the Kellogg School of Management at Northwestern. After graduating, he returned to Lagos, while Chris remained in the United States. Their company makes it easier for Nigerians to place online orders for American and British products that are difficult to find in Nigerian stores and that online retailers don't offer directly to most African consumers because of troublesome customs duties and paperwork, shipping costs and the fear of fraud.
President Obama announced nearly $500m in public-private investment to strengthen American manufacturing by investing in cutting-edge technologies through a new, textiles-focused manufacturing institute competition led by the Department of Defense, and by sharpening the capabilities of small manufacturers through Manufacturing Extension Partnership competitions in 12 states. The White House, as detailed in a new report, is also launching a Supply Chain Innovation Initiative focused on building public-private partnerships to strengthen the small U.S. manufacturers that anchor the nation's supply chains.
The results of the 2014 GS1 US Standards Usage Survey show that apparel and general merchandise manufacturers and retailers are using item level electronic product code-enabled radio frequency identification to enhance inventory visibility and respond to consumer demands for omni-channel options.
A third (35 percent) of businesses in the manufacturing industry are extremely concerned about potential supply chain disruption, according to research released by BSI, the business standards company and the Business Continuity Institute (BCI).
Analyst Insight: Delivering a seamless customer experience will demand a more comprehensive approach to inventory visibility across the entire supply chain. Gone are the days of "offline and online" inventories. Retailers must determine how they will create and leverage one view of all of their inventories, where any location now may become a source to fulfill a customer's order. – Melanie Nuce, Vice President of Apparel and General Merchandise, GS1 US
Assuming that the rank and file of the International Longshore and Warehouse Union (ILWU) ratifies the new five-year contract negotiated with terminal operators, West Coast ports can finally focus on getting container-handling operations back to normal. So is everyone happy?
The latest supply-chain news, analysis, trends and tools for executives in the apparel industry — which consists of companies that manufacture clothing, accessories and footwear. Learn how apparel companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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