The Institute for Supply Management (ISM) just released their annual study regarding pay for professionals within the supply chain. Overall, salaries (including regular pay and bonuses, but excluding the value of benefits packages) were up slightly for the year 2012. The average salary for professionals in the supply chain was $103,700. There was a 6.7…
In most cases, green initiatives cost more to implement than traditional methods of manufacturing. It’s one thing to make green decisions when you’re building from scratch, but most established businesses are holding off on new construction and expansion until it’s clear how the economic recovery is going to hold up. Converting power sources to alternatives…
For some time now, it’s been apparent how important it is for companies to assess their risks within the supply chain and create contingency plans to continue operations in the event of an unforseen break down. However, in a new survey by the American Productivity and Quality Center (APQC), fully three-quarters of large companies aren’t taking…
Business software solutions giant SAP thought they had a competitor. Baan, a Dutch company offering business software, entered the North American market in 1994 when it landed the coveted client Boeing. The next few years, Baan grew at an unprecedented rate of 100 percent, a growth rate almost anyone would realize is unsustainable. It didn’t…
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 qualified executives are available to fill the…
In April, Bangladesh garment factories captured worldwide headlines when a factory collapsed, killing 1,200 workers. Just one day before the collapse, an engineer was arrested for his allegations of unsafe working conditions there. The vice president of the Bangladesh Garment Manufacturers and Exporters Association, Shahidulla Azim, told the Associated Press, “Earlier it was not in…
Every day the Baltic Exchange in London releases the Baltic Dry Index, which tracks the prices of shipping bulk freight. This week, prices are up 14 percent over last week, and have reached the highest level of the current year. Though most company representatives only agreed to speak with reporters anonymously, most are in agreement…
In 1993, Martha Cooper and Lisa Ellram co-wrote and published the Characteristics of Supply Chain Management and the Implications for Purchasing and Logistics Strategy. After more than twenty years of debate, trials, and errors, many supply chain professionals believed the practices described in the paper simply weren’t able to be put into effective practice.
Supply chains dependent on shipping between Europe and Asia could see even higher costs in the coming months. The government in Cairo is seeking ways to increase revenues. Revenues have fallen recently due to a slump in Egypt’s tourist industry and other factors. As President Mohamed Mursi and officials seek a loan from the International…
Not long ago, people became supply chain employees through another outlet such as an MBA. Now, more schools are responding to job opportunities in the industry and are offering degree programs to fill the needs within the industry. Businessweek suggests that careers within the supply chain are “the next big thing.” Here’s everything you need…