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Image via Flickr by INeedCoffee.com In November, the London Metals Exchange cracked down on the metals warehouses it regulates, such as soda and beer can manufacturers, after years of complaints by metals consumers that the warehouses were limiting supplies and driving up costs. Now, the U.S. Justice Department is getting involved, but refuses to say exactly how…
Image via Flickr by Walmart Corporate Most customers don’t realize the time, energy, and resources that go into making a super supply chain like Wal-Mart’s. Wal-Mart has 11,000 stores around the world and serves more than 130 million customers per week. They are able to dominate in the market because of their focus on technology,…
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 Buster Benson In May 2015, the U.S. Department of Transportation announced the biggest car recall in U.S. history. Approximately 34 million vehicles from 11 manufacturers all have defective airbag inflators that can rupture, sending metal shards into a vehicle’s compartment during an accident. This highlights the high supply chain risk in…
Image via Flickr by GULF550 All successful businesses reach a point where they need more than a handful of employees. At that point, it’s time to consider outsourcing. However, it’s not a decision that should be based purely on labor costs. There are hidden costs not to overlook. Oops! You don’t have permission to view…
Image via Flickr socalscouse The truck driver population in the U.S. is aging. That’s bad news for the supply chain industry, because not enough new truck drivers are entering the labor force to replace the truck drivers who retire. Take a look at what supply chains are doing to address this problem.Oops! You don’t have…