Measuring non-financial improvements The disruptions through your supply chains since early 2020 have been a learning experience for what is due to occur by 2030 and beyond. In 2018, the ‘Intergovernmental Panel on Climate Change’ (IPCC) published its report on the impacts of climate change. It stated that to limit average temperature rises to 1.5C above preindustrial times, by 2030, … Read More
Procurement Risks now include more external risks
Additional Procurement Risks The experiences of the past 18 months with product shortages, supplier disruptions and shipping delays has highlighted the potential risks associated with your organisation’s supply chains. Risks are often evaluated from the perspective of dealing with a supplier; but this has been shown to be too narrow a view. The blogpost of June 1, 2020 identified the … Read More
Systems Thinking approach can help your Supply Network
Disruptions through supply chains Physical and on-line retailers in many countries are being impacted by shortages through their supply chains. These are caused by global disruptions that have been well documented in the media. Added to this are domestic disruptions, such as a shortage of timber materials for the construction industry in the US and Australia. The complexity of global … Read More
Procurement should calculate Total Cost of Ownership
Disruptions are a part of Procurement As the concepts of globalisation flourished, owners and managers of businesses in developed countries took advantage of an profitable proposition to buy products and intermediate goods from low cost countries (LCC). However, the lure of a low unit buy price meant that additional costs incurred were often not considered. Extended lead times than planned … Read More
Climate Change has external costs for Supply Chains
Change will happen in supply chains by 2030 An earlier blogpost concerning Climate Change and Supply Chains, provided an outline for action by businesses. A new urgency has been provided by the International Energy Agency (IEA) report Net Zero by 2050 released in May 2021. This report states that investment in fossil fuels should stop from 2021 and that substantial … Read More