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Image via Flickr by U.S. Army Environmental Compound According to researcher Anupam Agrawal, a professor of business administration for the University of Illinois, there are several benefits in establishing relationships with suppliers beyond the first tier. However, most companies are neglecting to reach out to such companies. Agrawal recommends companies establishing such relationships by initiating a “sourcing hub”…
Image via Flickr automobileitalia Driverless trucks are undergoing testing in several states, and Ohio is creating the ideal testing environment with its “smart” road plan. The state plans to build this road over a 35 mile stretch. Take a look at what the state hopes to accomplish with this smart road.Oops! You don’t have permission…
Image via Flickr emmajanehw C.H. Robinson is a third-party logistics provider and freight brokerage business. The company provides transportation services to customers both large and small. Recently C.H. Robinson announced an innovative transportation management system (TMS) to help its customers with booking, tracking, and reporting for their shipping needs. Oops! You don’t have permission to…
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 Victor1558 The Hackett Group, a global strategic business advisory and operations improvement firm, recently released a new study, entitled Borderless Business Environment – Driving New Pressure, Changing Priority for Procurement Leaders. In this study, the group reports that CEOs are challenged to do more with fewer resources continuing through 2013.Oops! You…
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,…