Truckers have a saying, “If you’ve got it, a trucker brought it.” To a large extent, this is true. Many finished products take several truck rides, beginning when the raw materials are brought to the supplier, then when the supplier sends parts to the manufacturer, again when the manufacturer ships the product to a distribution…
As tensions build on the Korean peninsula, the electronics industry is making preparations for possible shutdowns of large-scale electronics suppliers in South Korea. In our current supply chain, halting production of parts and components in any one region of the world seriously hinders the whole industry’s ability to meet consumer demands for products. While war…
Businesses build a number of vendor relationships over time, and it’s easy to stick with the same one for year after year, even when they’re not meeting your needs. Ask yourself these questions to determine if it might be time for a change.
Emissions from commercial diesel truck fleets has now been reduced to the point that grilling a few burgers on a charcoal grill actually produces fewer emissions than driving one of these vehicles from Chicago to Baltimore. In fact, in the U.S., diesel truck emissions have been lowered by 95 percent between 1996 and today. According…
In the late 1980s, things looked good for the newly formed corporation Unisys. The company was boosting its workforce, increasing its product offerings, and acquiring other companies, such as Timeplex. It seemed Unisys would soon be challenging the computer giant IBM for top spot among U.S. computer manufacturers.
According to newly released data from the U.S. Energy Information Administration in its 2010 Manufacturing Energy Consumption Survey, U.S. manufacturing facilities are producing about the same amount of goods while lowering their energy costs and consumption tremendously. According to the report, the U.S. manufacturing sector decreased its energy consumption by 17 percent from 2002 to…
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.
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.
PetroSA, South Africa’s national oil company, has fallen under investigation by its parent company, Central Security Fund and South Africa’s department of energy for a series of ongoing inappropriate procurement procedures. Though a full investigation is underway and few details have been released to date about the indiscretions, here’s what’s clear from the information known.
According to the Global Rigid Plastic Packing Market 2013-2023 analysis and report conducted by the company Visingain, the market is expected to grow by $161.11 during the year 2013. Most of the growth will occur in developing markets, where labor costs are low and the countries are experiencing rapid growth. The analysis predicts an increase…