When you see the statement “trading over… the Black Friday period was below expectations” you start to pay attention as a journalist in the world of logistics and supply chains. The words Black Friday are normally followed by “particularly busy” (John Lewis); “biggest ever” (Boots) or “record volumes” (DPD).
One billion metrics tons of emissions savings could be made if suppliers to 125 of the world’s largest companies increased their use of electricity generated by renewables by 20 percentage points.
Two-thirds of British businesses (67%) have said that a focus on reducing supplier costs is blocking innovation.
For more than three years, sourcing and procurement teams have had to grapple with the potential implications of the UK withdrawing from the European Union. Procurement responses have varied widely, Sam Tulip investigates.
Lidl has said it will spend £15 billion over the next five years sourcing and procuring from British suppliers.