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Image via Flickr by mollymazilu For two decades, supply chain professionals have focused on reducing costs by trimming the unnecessary fat in their operations. Leaner production processes, lower on-hand inventory levels, and smaller, more frequent shipments created a just-in-time (JIT) supply chain that encouraged globalization. However, the risks and challenges associated with today’s supply chain…
Image via Flickr by theimpulsivebuy Many people have grown up eating cereal across the U.S., and Kellogg’s has become a household brand. The company manufactures a long list of cereals including Froot Loops, Special K, Raisin Bran, Frosted Mini-Wheats, and Frosted Flakes. Kellogg’s makes much more than cereal, though. Some of the company’s other food…
Image via Flickr by justj0000lie Sears has had a difficult time adjusting to the ways that consumers shop in the new economy. It’s had a six year slump in sales. The company has actually lost money for the last two years. But Eddie Lambert, CEO, believes he knows how he can turn Sears around through…
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 Curimedia | P H O T O G R A P H Y On March 17, Jet Airways announced that they will start operating dedicated freight planes instead of passenger-only planes. As long as the company gets regulatory approval, the first freight planes will begin operations in April 2015. Jet Airways…
Image via Flickr by Hakan Dahlstrom The biggest challenges that government procurement agencies face at any level are corruption and discrimination. On a global level, transparency and fairness standards are even harder to agree upon. The World Trade Organization created the first Agreement on Government Procurement in 1981 to make a set of globally accepted…