When operational dysfunctions occur, the source of the problem is usually linked to the supply chain. Effective supply chain systems integrate seamlessly into a company’s operations and need a great deal of teamwork for success. A dysfunctional supply chain can drag a business under very quickly. Here are some of the most common signs to…
The apparel industry is under fire for their hazardous use of chemicals during the manufacturing process. In July, 2011, Greenpeace International launched the Detox campaign “to expose the direct links between global clothing brands, their suppliers and toxic water pollution around the world.” Along with a global network of consumers, Greenpeace is urging clothing brands…
Supply chain experts and business analysts use many different models to forecast supply and demand. When it comes to forecast accuracy, no single technique gets it right every time, but the tips below can help you improve your projections.
In the quest for a more sustainable supply chain, many companies are looking at their suppliers’ practices and making necessary changes. Animal welfare is one of the biggest concerns for the food industry.
Effective supply chain management is the best way to cut costs and increase profits, but there are some issues that do more harm than good if they’re not handled correctly.
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.
Many of the risks associated with operating a business are directly tied to the supply chain. Slowed deliveries due to a natural disaster may result in lost sales and missed opportunities. A communications provider outage could have the same results. These supply chain disruptions often result in huge losses. According to a recent Zurich report,…
The clock is ticking on negotiations that could shut down 15 US ports, an outcome that will have a serious impact on Florida’s economy as well as the nation’s. The contract between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) will expire on December 29. If a suitable agreement isn’t met…
As 2012 comes to a close, business owners and supply chain managers are preparing for the year ahead by examining their current strategies and forecasting their success in 2013. The supply chain and its importance continue to gain deserved attention. These are the most promising SCM trends for 2013.
We’ve all heard news reports about companies shutting down their US factories and moving those jobs overseas, causing hundreds and thousands of Americans to become unemployed. How could outsourcing possibly be good for the local economy when it immediately results in lost jobs?