by roselovesya | Oct 25, 2023 | Blog
The Federal Reserve Bank of New York’s Global Supply Chain Pressure Index (GSCPI) decreased in February below the historical average for the index. The GSCPI was developed by the Federal Reserve to measure global supply chain pressures and indicate supply chain...
by roselovesya | Oct 24, 2023 | Blog
Category management is a critical aspect of procurement that can help companies reduce costs, increase efficiency, and drive growth. At New Dominion Consulting, we believe that incorporating category management into your procurement strategy is essential for long term...
by roselovesya | Oct 24, 2023 | Blog
Many wholesalers are still dealing with high inventory levels built up in response to ocean freight delays and logistics uncertainty in 2022. This excess inventory can represent a great opportunity for buying organizations to generate procurement savings and claw back...
by roselovesya | Oct 24, 2023 | Blog
Sustainability is no longer just a buzzword – it’s a critical aspect of supply chain management that can have a significant impact on a company’s success. At New Dominion Consulting, we believe that incorporating sustainability into your supply chain...
by roselovesya | Oct 24, 2023 | Blog
Excessive rain and snowfall in California have impacted supply chain operations, causing transportation delays, damage to infrastructure, and increased costs. It’s important for businesses to mitigate the impact of these weather events on their supply chains. At...