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Image via Flickr by Scientology Media Profit margins are shrinking, and companies are running out of ways to cut costs to make up the difference. There’s little to be done about the costs of raw materials and goods, and production costs have been slashed as much as possible through automation systems. Inventories can’t be cut…
Image via Flickr david.nikonvscanon Environmentalists have been pushing for widespread solar power use for years because it’s renewable and clean. Much of the resistance they encounter results from an unwillingingness to pay the high initial cost of setting up the solar power infrastructure. Luckily, the cost of solar power won’t be a problem forever. Analysts…
Image via Flickr by Invernesstrucker Perishables cause a headache for supply chains because of the need for refrigeration. However, consumers want fresh foods and companies must learn how to deliver with a cold chain to stay competitive. Let’s take a look at the delicate balance companies must achieve between costs, regulations, and speed.Oops! You don’t…
Image via Flickr by quinn.anya In many cases, international corporations have an edge up on local and national-only businesses for their ability to mass produce and ship items. Off-price retail is an especially competitive industry. It’s one in which the best brand for the best deal wins; however, it seems where and how these companies…
Image via Flickr by Victor1558 The Institute for Supply Management (ISM) just released their annual study regarding pay for professionals within the supply chain. Overall, salaries (including regular pay and bonuses, but excluding the value of benefits packages) were up slightly for the year 2012. The average salary for professionals in the supply chain was…
Image via Flickr by YLev Climate change has prompted countless logistical challenges for global shipping companies and supply chain managers, but some potentially lucrative opportunities have also emerged. Find out how newly available Arctic shipping routes could provide much-needed solutions for Chinese supply chains and understand the impact that these routes could have. Why Arctic…