Open innovation empowers organizations to collaborate with new suppliers and their novel technologies. This value-add philosophy stops companies from trying to reinvent the wheel on their own, and it starts in procurement.
Sustainability, ever-rising fuel costs, and rapid transition to online communications and electronic invoicing/payments are just some movements reducing paper consumption. However, beyond communication paper, there are still some growth areas in packaging.
Within the recycled materials market, paper packaging is the largest segment, accounting for around 65 percent of all recycled packaging. Further improvements in paper recycling will help to grow the market.
Many companies have caught the green fever and are aiming to set sustainability goals in a wide range of areas within their supply chains. Whether it is reevaluating transportation to use more fuel-efficient vehicles or choosing environmentally … [Read More...]
Innovation. Encouraging the procurement team and the supply chain to be more innovative is a hot topic. We hear about it at conferences, meetings, and other events, often during discussions on SRM (supplier relationship management) and ways … [Read More...]
To understand how well paper is doing as a commodity, consider one of the oldest, most venerable of all American institutions: the U.S. Postal Service (USPS).
At the height of its distribution heyday – 2001, precisely – USPS handled and … [Read More...]
Within the recycled materials market, paper packaging is the largest segment, accounting for around 65 percent of all recycled packaging. Paper and paperboard also have the highest recycling rates worldwide (with the exception of glass in some … [Read More...]
Having crossed the financial-year midpoint, many companies are taking a close look at the progress they have made on their 2014 performance objectives. If you work in sourcing, procurement, or supply chain, then it is pretty safe to assume that … [Read More...]