Hospitals Focus on Creating Strategic Supply Chains

Executives are taking a keen interest in reducing hospital supply chain costs, according to a recent article in the Beckers Hospital Review.

Chris Luoma, a vice president of business development at a credential, vendor and contract management software company, says that this rise in executive-level attention has actually shifted the supply chain discussion from the lowest price possible to a more long-term discussion about finding the right supplier and vendor.

Read More

Lesson from Black Friday & Cyber Monday: Supply Chains Should Support Multi-Channel

Black Friday sales proved disappointing for many companies this year, with many major retailers reporting a drop in sales as compared to last year, according to the New York Times.

On the other hand, cyber sales were up 17 percent this year, according to the research firm ComScore, Inc. Overall, shoppers spent $16.4 million via e-commerce in the first 26 days of the holiday season — a 16 percent increase from the same period last week, reports Business Week.

Read More

Managing Volatility and Complexity in Asian B2B Supply Chains

Volatility: That’s the one word that keeps popping up when experts talk about managing supply chains in Asia. Whether it’s natural disasters, accidents, logistics in crossing regional or national borders, experts say you must expect a volatility.

“In Asia-Pacific, there are so many people, so much density of population there is more volatility of things that happen,” Joe Mr. Hinrichs, president of Ford’s Asia and Africa regions, is quoted as saying in a recent Wall Street Journal article. “Every week there is just something that you have to deal with.”

Read More

Mobile Is Shaping Next Generation Multi Channel Commerce

We’re polling readers about the technology trend is impact B2B relationships this month. So far, mobile is leading hands-down, with 57 percent of the vote, easily besting big data and cloud (14 percent each).

Studies show mobile devices — particularly smart phones — are impacting sales in unexpected ways. A recent Deloitte Consulting survey found that roughly half of all consumers now own a smartphone, and that’s leading to more sales not only through mobile devices, but across all channels.

Read More