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Image via Flickr by westonhighschoollibrary Several companies are investigating 3D printing because it could revolutionize the supply chain industry. Instead of having items made in a third-world country and then shipped around the world, 3D printing opens up the possibility of making products anywhere and minimizing shipping needs. This means 3D printing could save companies…
Image via Flickr by Joe Goldberg Businesses often don’t take the time to research the small details of their logistics and manufacturing. They make decisions based on costs projected by their vendors and subcontractors. This means vendors have been able to get away with practices that are not acceptable, such as slavery.Oops! You don’t have…
Image via Flickr christiaan_008 Ransomware is a dangerous computer virus that can wreak havoc on businesses and their operations. To deploy ransomware, hackers use encryption code to lock up targeted computer data and hold it for ransom. If victims want to regain access to the data, they typically have to pay a large sum of…
Image via Flickr by Gene Hunt In supply chain management, shortages and disruptions are typically the biggest concerns. A surplus in the supply chain is just as risky in most industries, however, and can create instability throughout the market. Sustainable supply chain management strategies can combat surplus risks while also improving the standard of living.Oops!…
Image via Flickr by storyvillegirl The three largest shipping lines, Maersk, MSC and CMA CGM, are proposing an alliance known as the P3 Network Vessel Sharing Agreement. This agreement would allow the three companies to share vessels, port space, and resources in the world’s three largest shipping routes: Asia to Europe, trans-Atlantic, and trans-Pacific. Though the companies are moving…
Image via Flickr by US Department of Labor Unionized labor and manufacturing seem to go production line and hand, and like all historic pairs, the two haven’t always worked well together. As a result of the U.S. Recession unions have taken a huge hit. To understand the pros and cons of unionized labor for both…