Effective Risk Management Requires Better Supply Chain Management

Many of the risks associated with operating a business are directly tied to the supply chain. Slowed deliveries due to a natural disaster may result in lost sales and missed opportunities. A communications provider outage could have the same results. These supply chain disruptions often result in huge losses. According to a recent Zurich report,…

Strike May Have Detrimental Effects on Florida Supply Chain
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Strike May Have Detrimental Effects on Florida Supply Chain

The clock is ticking on negotiations that could shut down 15 US ports, an outcome that will have a serious impact on Florida’s economy as well as the nation’s. The contract between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) will expire on December 29. If a suitable agreement isn’t met…

Developing Strategic Partnerships: From Customers to Distributors

Developing Strategic Partnerships: From Customers to Distributors

Effective supply chain management is the backbone of a business but for many companies, it is also a challenge. A typical supply chain involves several entities – buyers, suppliers, distributors, and in the end, customers. Developing long-term relationships at each of these levels is the key to success.