The Edge Blog: Insights on business transformation, practical applications and everything in between

Supply chain challenges in a world of uncertain commodity prices

Supply chain challenges in a world of uncertain commodity prices

A recent article in the McKinsey Quarterly shows how the past eight years have cancelled the steady decline in commodity prices over the previous century. The decline in prices over the past century was achieved despite demand jumping by 600 to 2,000 percent, through dramatic improvements in exploration, extraction and cultivation techniques. As a result, over the 20th century, we coped with a 20-fold increase in the world economy while prices fell.

The situation going forward will not be the same. The three factors that are causing the change are:

Cultural celebration supports the children of Easter Seals

Cultural celebration supports the children of Easter Seals

This year will be the sixth annual Passage to India, an annual fundraiser for Easter Seals, a non-profit organization helping people with disabilities gain greater independence. CGN has been involved since the beginning of this event, which is always a celebration of those who make dreams come true for the children of Easter Seals!

Passage to India 2012 will be held on February 3rd at the Peoria Civic Center. The evening includes cuisine prepared by the local Indian community, a silent auction and Bollywood disco and dancing. The highlight of the event is a fashion show including Easter Seals children. Passage to India is attended by major donors, sponsors and guests in a relaxed, sophisticated atmosphere.

Want to Succeed in Asian Markets? Supplier Collaboration is Key.

Want to Succeed in Asian Markets? Supplier Collaboration is Key.

A 2009 global study by Vantage Partners of customer supplier negotiations and contracts “found that suppliers in Asia report that they are only able to deliver, on average, 59 percent of the total potential value of their contracts with customers.  (Supplier Collaboration in Asian Markets, My Purchasing Center)

“Suppliers laid much of the responsibility at the feet of their customers, citing unclear requirements, frequent changes to specifications, inaccurate and late forecasts, and failure to provide adequate staff access and support as primary explanations for under-delivery.

ISC Hosts Advanced Manufacturing and Logistics Event

ISC Hosts Advanced Manufacturing and Logistics Event

The Institute for Supplier Collaboration (ISC) conducted its first event in conjunction with the Advanced Manufacturing and Logistics Network of the Greater Louisville Chamber of Commerce on Nov. 30, 2011. Approximately 25 individuals attended the event. Two Fortune 500 companies [Manpower and CBRE] and one automotive supplier [Katayama America] joined a diverse group of companies in attendance.

Beware of Supply Chain Risks Where you May Not Be Looking

Beware of Supply Chain Risks Where you May Not Be Looking

I recently came across an insightful article (Beware of Risk at Low-Tier Suppliers, Nov. 2011) that points to a growing need for procurement departments to increase their focus on sub contractors from main suppliers.

Referencing a global survey by the Business Continuity Institute, the article notes that about 85 percent of companies suffered at least one disruption in their supply chain, and 40 percent of those disruptions result from issues below immediate vendors. 

Some of my other key takeaways from the article:

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