At long last, the longstanding goal of America (according to both major political parties) seems within reach. The U.S. is set to overtake Saudi Arabia as the world’s largest oil producer by the year 2017. By the year 2025, the U.S. will be exporting more than its importing, and should be fully energy independent by…
In 1993, Martha Cooper and Lisa Ellram co-wrote and published the Characteristics of Supply Chain Management and the Implications for Purchasing and Logistics Strategy. After more than twenty years of debate, trials, and errors, many supply chain professionals believed the practices described in the paper simply weren’t able to be put into effective practice.
Even as unemployment hovers above 7 percent, and 25,000 trucking jobs wait open for drivers, companies are still unable to fill those seats. As experts predict the industry to grow by 21 percent in the next seven years, companies try new ways to lure drivers and boost the retention rates of their new hires. Some…
Supply chains dependent on shipping between Europe and Asia could see even higher costs in the coming months. The government in Cairo is seeking ways to increase revenues. Revenues have fallen recently due to a slump in Egypt’s tourist industry and other factors. As President Mohamed Mursi and officials seek a loan from the International…
On Monday, July 1, the hotly contested new hours of service regulations imposed on the trucking industry by the Federal Motor Carrier Safety Administration (FMCSA) went into effect. Carriers and drivers hoped the Federal Appeals Court would rule in their favor before the new rules took effect, and even requested that the FMCSA hold off…
Durable goods manufacturing, seen as a key indicator of market strength and business confidence in the economy, rose in May for the third consecutive month. This is the third time this sector has seen a three month straight increase in orders since the fall quarter of 2011. According to the report by the U.S. Commerce…
Not long ago, people became supply chain employees through another outlet such as an MBA. Now, more schools are responding to job opportunities in the industry and are offering degree programs to fill the needs within the industry. Businessweek suggests that careers within the supply chain are “the next big thing.” Here’s everything you need…
Reuters news agency reports that the Army Corps of Engineers is being forced to close numerous locks along the Mississippi River due to rising flood waters. According to spokespeople for the Corps, it is unclear when barge traffic will be allowed to resume due to chances of even more rains in these regions in the…
As production costs and energy prices rise overseas, the U.S. is looking more attractive to companies looking for low-cost areas to manufacture goods. Top manufacturers such as Caterpillar, GE and Ford, which led the way towards moving manufacturing overseas, are once again considering the U.S. for new manufacturing facilities. This growth in U.S. manufacturing jobs…
Since 2000, supply chain disruptions have been on the rise. Dr. Alan Punter, a risk management consultant with 25 years’ experience, carefully studied the rise to try to identify reasons. The study examined business-to-business processes and how automating these processes can benefit companies in the long run.