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Image via Flickr by USDAgov According to a new report issued by Ovum, an independent market analysis firm specializing in keeping track of information technologies, telecommunications, and other industries, global spending on information technologies contracts was lower in 2012 than it has been in a decade. This trend was evident in every major market around…
Image via Wikipedia.org Bloomberg reported that the price of nickel saw a sharp jump in price on Wednesday after five months of lengthy declines. China’s inventory is already tight, and they plan to reduce their output further in favor of cheaper alternatives. Speculation about what China will do and the low stockpiles currently available are…
Image via Flickr by BiblioArchives / LibraryArchives As supply chains around the globe become increasingly more interdependent on one another, just as new technologies make manufacturing more efficient, supply chain executives need new skills that yesterday’s C-level executive never dreamed of. In fact, need for these skilled managers is expected to far surpass how many…
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…
Image via Flickr by gagilas Information management is at the top of the supply chain. Big data, and the innovative algorithms that drive it represent the future of supply chain management and the way companies will interpret bottom-line figures. As new technologies abound, companies are becoming even more creative with the way they analyze and…
Image via Flickr darinmarshall On August 31, 2016, Hanjin Shipping filed for bankruptcy protection. Ports refused to accept containers from the company or started charging exorbitant rates, out of fear they wouldn’t be compensated. The collapse of Hanjin Shipping is the largest container shipping bankruptcy in history, and its effect on international supply chains is…