This Supply Chain Matters update provides our second updated overview relative to Oracle’s Procurement Cloud application, an end-to-end public Cloud-based application support offering in indirect and direct procurement process support.
Posts made in February, 2018
Online retailer Amazon announced its intent to acquire video-based doorbell product provider Ring for a reported sum of $1 billion. The obvious question is why Amazon would be willing to invest such a considerable sum in a doorbell provider. The likely answer has a lot to do with the next iterations of online last-mile customer fulfillment along with the leveraging of Internet of Things enabled home and apartment devices.
There have been some new announcements regarding new investment monies flowing into technology firms addressing various supply chain management business process and decision-making needs. These announcements continue to reinforce the current attractiveness of logistics, procurement and supply chain management decision-making technology among the broad investment and private equity community.
Fast-food chain Kentucky Fried Chicken was forced to temporarily close most of its UK outlets after widespread shortages of chicken product occurred. Upwards of 550 outlets were impacted, forcing British media to coin the headline, “KFC Crisis” and some consumers to call their local emergency services office to complain of a chicken food shortage.
Airbus reported 2017 full-year financial results indicating the pan-European global aerospace company overachieved on all key performance indicators. Operational performance was especially noted in the final Q4 quarter and the outlook for 2018 implies a very critical dependency on two aircraft engine providers.