Bloomberg calls supply chain management, “The Next Big Thing” and the Wall Street Journal touts it as, “The Hot New MBA”. What’s driving this trend? Here’s the need-to-know of supply chain management in business schools.
Package engineering has long been the least glamorous element of manufacturing. It isn’t as snazzy as marketing, is less glorious than production, and not seemingly as challenging as transportation. But package engineering is emerging as a sought after degree in business schools, and the impacts of smart package design go beyond purely functional, playing into…
According to the American Trucking Association, truck freight rose slightly (1.4 percent) during the month of August. This comes on the heels of a slight downturn in July (0.6 percent), but is the third month within the past four months that freight rose, which is a positive indicator.
The global package delivery giant UPS has concluded a survey of European online shoppers, and the results may be interesting to online retailers all over the world. As more consumers are willing to shop online, and fewer depend solely on brick and mortar stores for their businesses, it is important to know what online shoppers…
The trend toward bringing manufacturing jobs, which have moved toward cheaper labor pools in developing nations for decades, back to the U.S. to produce more American jobs and higher quality products is well underway. In the midst of this influx of new jobs lies the garment industry, where small to medium-sized clothing designers and manufacturers…
Ballard Farms is the oldest continually operating dairy distributer in the greater Philadelphia area, founded in 1891. It serves parts of Pennsylvania, New Jersey, Delaware, Maryland, Virginia, and Washington D.C. with orders of milk, cream, ice cream, drinks, cheeses, and other gourmet foods. Their customers include restaurants, convenience stores, coffee retailers, frozen dessert retailers, and…
Carriers have taken measures to try to improve security, including beefing up their technologies, internal processes, and employee training. Yet theft of cargo still continues to rise. During the three-month period between June and August of this year, cargo theft rose by five percent, while the value of the cargo stolen rose by nine percent….
Ship owners are having to be more careful about what companies they trade with, under threat from their banks to cancel loans when the owner enters contracts with companies the bank believes to be at risk of defaulting on contracts. This means shippers are having to settle for shorter term contracts with an increasingly smaller…
The news is bright for both shipping and air cargo, but shipping is seeing the lion’s share of profit growth, according to the latest reports. The International Air Transport Association revised their outlook for the global air cargo industry for 2013 down from $12.7 billion to $11.7 billion.
The very monotonous nature of the supply chain presents a unique opportunity for supply chain managers that few are aware of and even fewer use to their full advantage. Day after day, week after week, and year after year, companies go through the same processes of acquiring raw materials, shipping them to manufacturing facilities, turning…