Partnerships rarely exist in business. A major supermarket retailer in Australia has been accused by the regulator of ‘unconscionable conduct’ against suppliers, due to the power it can exercise. The retailer’s buying power meant that it could aim for a ‘no risk’ approach to selling. It set a profit target for each category; if the retailer did not achieve the … Read More
Climate change drives competition in your supply chains
Know the risk of climate change. A partner of PWC in the UK stated in a recent article that “…more businesses are seeing climate change for what it is – a risk issue, a resilience issue and a business opportunity” It is good to read a realistic and practical statement from a person with influence in business. This takes the … Read More
Generate Innovation in your supply chains
Innovation and continuous improvement. Does your organisation have a program for applying innovative approaches to your supply chains? If your business is a 3PL, then such a program is very rare (as identified by the Australian Bureau of Statistics) and if you are a brand or product business, then your efforts will not be known outside the company. Innovation is … Read More
Should your supply chains to be in the cloud?
Outsource your logistics data storage. It can be such a relief for our data to be stored in the cloud, accessible for those who need to know and without the IT overheads – or is it? The legal firm Gilbert+Tobin reported in The Australian newspaper that the terms and conditions (T&Cs) provided by cloud computing suppliers in their contracts will be … Read More
Data accuracy, not technology improves your supply chains
Too much emphasis on technology ‘solutions’. Do you remember the hype about RFID a few years ago. Well, it is starting again with the Internet of Things; also called Machine to Machine (M2M). RFID was going to revolutionise the world of business, but didn’t and the same will likely occur with M2M. The hype cycle identified by the Gartner Group … Read More