Systemic risks in global supply chain: Suez Canal

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In the globalised economy we have come to take the long supply chain from the Far East to Europe for granted. Considerations such as lead times and quality assurance dominate decisions over Far East sourcing. However, such a long supply chain is inherently vulnerable. When making such a major decision, it is critical that buyers understand systemic risks which could cause catastrophic …

Can procurement really add value to logistics?

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As businesses increasingly turn to procurement to drive company growth through savings, concerns continue to emerge about the functions’ lack of sector specific knowledge. Logistics professionals are often reluctant to work with procurement, as they feel the function is purely geared towards making savings and does not have the expertise to judge quality of service. Procurement professionals argue that they …