article thumbnail

BREAKING NEWS: Grocery conduct code coming in 2023?

SIG Speaks

Citing it as "an extreme example of how inflation is impacting the food industry," manufacturers' efforts to "recoup higher costs" is driving a wedge between some retailers and suppliers. “The Grocery Code of Conduct is a significant step toward improving the resiliency and efficiency of the grocery supply chain.

Retail 40
article thumbnail

Using A GPO Model To Fight Inflation? Insights From Our Second Interview With A Senior Procurement Executive

SIG Speaks

Stage Two – No More Retail. Providing franchisees and dealers with this new, direct pathway to procuring the goods and services they need on a cost-effective basis means that they no longer have to "buy" retail through places like Amazon and Lowes.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Gender Fair Procurement: Moving the Needle From Timeless to Timeliness

SIG Speaks

According to 2017 statistics , the $20 billion represents only “2% of the retailer’s global purchases.” Despite this shortfall, Walmart’s 2% is still “twice the global average retailers spend with women-owned businesses.”. of the total U.S. corporate spend today.”.

article thumbnail

Creating The Right Digital Experience Is Key To Your Procurement Team’s Success (A SIG Summit Keynote Review)

SIG Speaks

In the retail world, a great digital experience “ensures that your customers feel valued and understood, irrespective of the platform or channel they reach out on, along their customer journey.” What Is The “Digital Experience?”.

article thumbnail

Change Management/Sourcing Change Management

SIG Speaks

The Certified Sourcing Professional (CSP) Program is a 10-week course that focuses on the hard and soft skills of sourcing, including strategic sourcing and outsourcing methodologies, as well as best practices in negotiations. In 2007 he was a co-op with the Honda East Liberty facility in the indirect procurement department.

article thumbnail

Famous business pivot examples that you should know of

TMS

Most consumers don’t realize Groupon actually got started in 2008 as a consumer activism site known as The Point in 2007. It still roasts and sells coffee beans from around the world at its locations and retail partners. Honda found a way to pivot to a unique market by selling its bikes through Sporting Goods retailers.

article thumbnail

Sourcefit Joins IBPAP

SourceFit

IBPAP is the country’s umbrella association for the local IT-BPO industry, with the goal of making the Philippines the world’s top destination for voice and non-voice outsourced services. managed Sourcefit is a business process outsourcing company based in Manila, Philippines.