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Image via Flickr ted_major Listeria, salmonella, E. coli, and other foodborne illnesses have made numerous headlines in 2016, forcing companies to recall affected food products. This places tremendous strain on their supply chains. Take a look at what companies go through when they recall a product and how this affects their operations and the economy.Oops!…
Image via Flickr by anaulin Gothenburg, Sweden announced its latest plans to abolish the six-hour workday. According to a report by the Atlantic, “The governing coalition has proposed a year-long trial that would divide some municipal workers into a test and control group at the same pay rate, with the test group working six-hour days…
Image via Flickr perspec_photo88 Retailers, banks, insurance companies, and government agencies have all seen an increase in cyberattacks. The consequences can range from supply chain delays to customer data loss to reputation damage. With such serious consequences, increased security is an issue that has been on the agenda in Washington for a long time. Luckily,…
Image via Flickr by vwb5 Coca-Cola is the largest beverage company in the U.S. and the world. 60 percent of their revenue is generated from international markets, and they have a goal of doubling profits by 2020. Part of that plan involves further expansion into China. Coca Cola believes there is great opportunity there because…
Image via Flickr by GovernmentZA There are tons of terms related to procurement, many of which are so commonplace or self-explanatory most people don’t need a glossary to understand them. Here is a list of key procurement terms, especially acronyms, that can be confusing without a definition.Oops! You don’t have permission to view this page!…
Image via Flickr by victor1558 Supply chain experts and business analysts use many different models to forecast supply and demand. When it comes to forecast accuracy, no single technique gets it right every time, but the tips below can help you improve your projections.Oops! You don’t have permission to view this page! Make sure you’re…