Discount retailers looking to upset the monopoly held by the big four supermarket brands must have complete confidence in the supply chain. If this can’t be guaranteed then these organisations must be prepared to re-evaluate existing relationships and in some cases walk away if the supplier isn’t able to demonstrate visibility, compliance and traceability across all processes.
From 1 April 2016, under the terms of the Modern Slavery Act, UK businesses with a turnover of £36m and over will be required to make an annual statement which sets out the steps being taken to stamp out slave and child labour from supply chains. If you’ve never heard of it then you’re not alone, but it will probably have an impact on your business.
By Derek Irving
Today’s customers are less patient than they once were – however, with regular review processes, businesses can ensure that deliveries are arriving on time, every time. Here are some steps that any business can take to streamline their supply chain.
By Andrew Low
Partnerships come in all shapes and sizes from mega-alliances to normal distribution networks that most companies use to get products out to market. Whilst all businesses have them, I think that all too often management do not fully appreciate the dynamics involved and in the end how delicate the relationship may be.
A survey of 300 business and logistics experts by software provider AEB and the Duale Hochschule Baden-Württemberg (DHBW) University in Germany has found that although many firms collaborate closely with suppliers, the majority are failing to capitalise on the significant opportunities this creates.
By Jan Cavelle
Ruts are amazingly easy to fall into in business. When you are busy there isn’t time to look at them; when you are less busy, all your focus is on getting orders. And rightly so.
By Gary Smith
The Internet of Things – it’s a nice catchphrase but what does it really mean and how can businesses harness its capabilities Gary Smith of Prism Solutions finds out.
