Friday, September 03, 2010
Latest Procurement News
RELATED NEWS
- Spotlight: Apple fraud case highlights growing problem for procurement
02 Sep 10 - Microsoft adopts cloud-based SRM
02 Sep 10 - Nestlé optimises coffee supply chain
31 Aug 10 - China's silicon supply chain set for 'strain'
27 Aug 10 - MIQ Logistics names new chairman and CEO
27 Aug 10 - Gold imports to India surge
26 Aug 10
RELATED ARTICLES
- Profile: PepsiCo CPO, Mitch Adamek
- Research: The key drivers for modern procurement
- Profile: Siemens CPO, Barbara Kux
- In Focus: Top companies turn spotlight on effective supply chain operations
- In Focus: Bank of England sparks debate on supply chain finance
- Masterclass: Intelligence gathering
KNOWLEDGE MANAGEMENT TAGS
"Risk Management", "Supply Chain Management"
Supplies run dry at drinks retailer
British off-licence chain Threshers is suffering disruptions in its supply chain because of a reduction in credit insurance being offered to its suppliers.
The lack of insurance has led to disruptions in deliveries as well as some "temporary out of stocks in the supply chain", according to the Daily Telegraph in an example of how the current climate is impacting on supply chain strategies. The disruption also illustrates the importance of a robust risk management strategy.
"During the current recession, credit insurance has become a major issue impacting many retailers across the country," the company said in a statement. "FQR [its private-equity owned parent company, First Quench Retailing] has the full support of all the largest suppliers across each of our product categories who continue to extend favourable terms.''
Procurement Tags - Risk Management, Supply Chain Management
= Associate Members Only 
