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Image via Flickr by Digital Sextant A recent study conducted by Resilinc Corp., a provider of supply chain resiliency solutions has determined that the world’s supply chains are facing a threat. Specifically, most suppliers are all depending on a relatively small set of sub tier suppliers, which means that if any of these face difficulties in…
Image via Flickr kinnia Staple grains like wheat and rice were produced in record numbers in 2016. This high level of production has helped stabilize the global food market and keep the world food import bill low. This is good news for consumers who have faced increasingly higher prices for staple grains over the last…
Image via Flickr by Marius B The giant logistics company DHL, recently released a report entitled “Big Data in Logistics.” The report concludes that someday logistics companies could become the go-to search engines for information on almost all other industries. Logistics companies gather a tremendous amount of information (big data) during the course of their…
Image via Flickr by GovernmentZA There are tons of terms related to procurement, many of which are so commonplace or self-explanatory most people don’t need a glossary to understand them. Here is a list of key procurement terms, especially acronyms, that can be confusing without a definition.Oops! You don’t have permission to view this page!…
Image via Flickr Michel Curi The trucking industry is crucial to the success of the American economy. Shipping by truck is typically less expensive than air freight. In addition, trucks can reach more locations than container ships, rail cars, and other types of transportation. That’s why it’s not surprising that the freight truck industry is…
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