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On June 17th, 2010 at midnight, someone got by PR Newswire’s vetting process and issued a fake press release about cereal maker General Mills. The press release falsely claimed that President Obama was launching an investigation into General Mill’s supply chain. The press released was confirmed to be a hoax and immediately retracted. The Wall Street Journal reported that investors [...] Supply chain failures seem inevitable these days, but are especially disconcerting when they indicate a larger systemic problem in critical equipment that is supposed to save lives. The U.S. Army just announced a recall of 44,000 Advanced Combat Helmets (ACH) manufactured by ArmourSource LLC (formerly Rabintex) due to concerns that they provide substandard ballistic protection. Another similar recall of 34,218 [...] On Wednesday, April 28 at 9 am, Jason Busch, Editor of Spend Matters and I are giving a presentation on the software solutions side of supply risk at the ISM Conference in San Diego. Our session is titled “Understanding and Choosing Supply Risk Solutions: Software, Content and Analytics.” Jason just posted a reminder about our [...] A few weeks ago I was attending a meeting of my local ISM chapter. I was speaking with the purchasing manager for a local college about supply risk and mentioned the risk track and the session at the ISM Conference in San Diego in April, “Understanding and Choosing Supply Risk Solutions: Software, Content and Analytics” that Jason Busch (Editor, Spend Matters) [...] As a supplier, has a buyer ever tried to sell you dreams of a long-term relationship, repleat with lots of business opportunities and a harmonious partnership? You hear all the right key words: long-term, partnership, mutually beneficial, increased business, trust, win-win. It goes something like this: we may be beating you down on your customary price [...] If you didn’t think space exploration was dangerous enough, here’s something else to worry about. NASA has been looking into outsourcing parts of the space exploration program to outside suppliers, reasoning that this is the best way to speed up rocket development and to save money. They reasoned that private contractors would be able to provide the rockets [...] Boeing recently announced that it was planning to replicate all 787 parts built in the Puget Sound area in a new facilities being built in North Charleston, South Carolina. According to a recent article in the Seattle Times, Boeing machinists are seeing this as the first step toward moving all parts out of Boeing’s Puget Sound plants. The [...] While American auto suppliers have not been directly bailed out, many have survived due to the bailout of their customers, GM and Chrysler. No so for small Italian suppliers. According to a WSJ article, the Italian auto industry has not received government bailout money. So the auto supply chain, comprised of much smaller suppliers than the American [...] Yesterday I wrote a guest post on Spend Matters about the recent raid on the Gibson Guitar plant in Nashville, TN for using illegal rosewood, despite the company’s use of certified tonewood providers. I discuss the fact that even when companies use good preventive measures to avoid supply risk, they still need to have good plans in [...] The Purchasing Management Association of Canada (PMAC) is offering a monthly webinar series on various topics of interest. As the second in the series, I am giving a webinar entitled: Evaluating Your Suppliers: Practical Approaches to Getting Results. It runs from 12:00 pm until 1:30 pm ET on Thursday, October 15th. This is a practical overview of [...] |
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