Things to Learn from the Hanjin Shipping Bankruptcy

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Key trends in Procurement & Supply Chain Management. Get on the notification list.
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Image via Flickr by GULF550 All successful businesses reach a point where they need more than a handful of employees. At that point, it’s time to consider outsourcing. However, it’s not a decision that should be based purely on labor costs. There are hidden costs not to overlook. Oops! You don’t have permission to view…
Image via Flickr by Kevin Dooley In recent years, boutique consulting firms have experienced increased success in the supply chain management field. While boutique firms aren’t necessarily small, they typically have a well-defined focus for more industry-specific knowledge and are often more cost-efficient than larger firms. Supply Chain Visions, Inc., one of the ’10 coolest…
Image via Flickr by Hakan Dahlstrom The biggest challenges that government procurement agencies face at any level are corruption and discrimination. On a global level, transparency and fairness standards are even harder to agree upon. The World Trade Organization created the first Agreement on Government Procurement in 1981 to make a set of globally accepted…
Image via Flickr by Timtrius In 2011, the Federal Motor Carrier Safety Administration made big changes to its previous regulations regarding how truckers handle their mandatory rest periods. Previously, drivers had a lot more flexibility in handling their hours of service regulations, which require drivers to get a certain number of resting hours per work…
Image via Flickr by theewarat 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…
Image via Flickr by Alice Henneman Listeria is a foodborne illness that causes fever, chills, vomiting, and headache. The illness can range from mild to severe, and in some cases be life threatening. That’s why the food industry needs to be extra careful to ensure that their products are listeria free and safe for consumers…