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In response to the business environment related to the global pandemic, spend cost reduction and supply risk management are back at the top of the procurement agenda, according to new Key Issues Research from The Hackett Group, Inc. (NASDAQ: HCKT). In 2021, the most popular initiatives for procurement teams are to improve data and analytics, accelerate digital transformation through the implementation of cloud-based suites and best-of-breed solutions, and pilot emerging technologies.
The full research, 2021 CPO Agenda: 10 Key Issues Procurement Needs to Act on Now, is available on a complimentary basis, with registration, at this link: http://go.poweredbyhackett.com/2021prockeyissuessm. Key findings from the research include:
The Hackett Group s 2021 Key Issues Research Details Finance s Response to the Pandemic
Becoming a Strategic Advisor, Improving Cost-Efficiency And Enhancing Analytics Now Top Priorities
In response to the global pandemic, corporate finance priorities have shifted significantly for 2021, according to new Key Issues research from The Hackett Group, Inc. (NASDAQ: HCKT). Becoming a strategic advisor is now the top priority, followed by the need to reduce cost and improve efficiency, the research found. Analytics and modeling capabilities have also become dramatically more important, and finance is also focused on digital transformation, with plans to increase the use of cloud-based tools, robotic process automation, cognitive, and other emerging technologies.
2020 saw an explosion in online orders as demand for e-commerce grew exponentially. With it, came a rise in packaging use for outgoing orders and also returns. The need for efficient and sustainable packaging has never been greater. So can retailers keep up with the demand, while streamlining their packaging use?
Michelle Mooney investigates the latest packaging technology trends.
Thousands of online retailers have had to completely transform their operations since the huge demand in orders exploded. Transformations happened throughout the entire supply chain, including warehousing operations, logistics, and of course, packaging and packaging technology. David Ashwell, managing Director of AO Logistics agrees, and says that the demand has led to an array of transformations. He says: As well as growing our network to 24 depots across the country, we’ve increased our warehousing space to over 1.3 million sq ft. With so many customers turning to online to shop for their appliances
Kisumu plans sanitary pads manufacturing
Thursday December 10 2020
Participants at the second edition of Kusi Ideas Festival at Ciala Hotel in Kisumu County on December 8, 2020. PHOTO | TONNY OMONDI | NMG
By PAUL WAFULA
Kisumu County plans to set up a sanitary pads manufacturing plant to boost the region’s cotton industry.
Speaking on the final day of the Kusi Ideas Festival, 2020, which tackled the need to boost local manufacturing and finding local solutions to local problems, Kisumu Governor Prof. Anyang Nyong o said his county wants to take the cotton value addition challenge very seriously. We have realised that sanitary pads used in Kenya are imported from manufacturers who send the best quality to New York and bring us what has been made from waste, Prof Nyong o said as he wrapped up the two-day festival.