article thumbnail

The World’s Shippers Are Earning the Most Money Since 2008

Supply Chain Brain

The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global supply chain that’s collapsing under the weight of COVID-19 drives freight prices ever higher.

Price 118
article thumbnail

Does a 2008 answer to a question on “optimization modeling” still stand in 2024?

Procurement Insights

EDITOR’S NOTE: More than two decades ago, the foundational elements for successfully utilizing advanced, self-learning algorithms to optimize the procurement process using an agent-based model were well established.

professionals

Sign Up for our Newsletter

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

article thumbnail

What Government Contractors Should Know About the 2022 Recession

Procurement Tactics

Experts also predict that the country’s next recession will be unlike the previous economic downturn in 2008 that resulted from the crash of the subprime mortgage market. . One question at the forefront of many Americans’ minds is, “Will this be another 2008 recession?”. Comparing the 2022 Recession with Previous Economic Downturns.

article thumbnail

Do ERP-centric environments help or hurt ProcureTech solution implementation Success?

Procurement Insights

Integration Nightmares Change Management Overload Resource Competition Overreliance on ERP Capabilities A Historical Context Of The ERP-ProcureTech Link The following is an excerpt from a September 18th, 2008 Procurement Insights post titled Moving Procurement Practice Beyond Adjunct Complexity (An early COUPAProfile): “What was most interesting (..)

article thumbnail

Nestlé, Kraft defeat egg producers in price-fixing case

Supply Chain Dive

An Illinois federal jury found Cal-Maine and other egg giants liable for limiting the supply of the protein in 2004-2008 in an effort to drive up costs. Damages are set to be awarded to companies such as Nestlé, Kraft and Kellogg.

Price 126
article thumbnail

What does a 2015 article have to do with Hershey’s 2025 acquisition of LesserEvil for $750

Procurement Insights

It also reminded me of a 2008 article I had written on the Procurement Insights blog titled Procurement considerations when dealing with a merger? Multiple Snack Acquisitions (20152023): Pre-2008, Hersheys focus on expanding SKUs confused consumers and retailers, a challenge that resurfaced with these acquisitions.

article thumbnail

The Oldest Procurement Blogs in the Procurement Industry

Procurement Insights

Strategic Sourceror Launch Date: 2008 Overview: Operated by Source One, a Corcentric Company, Strategic Sourceror is a key resource for market intelligence, procurement best practices, and industry-specific trends. Strategic Sourceror (2008): Market intelligence and best practices for sourcing.