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Image via Flickr by mollymazilu For two decades, supply chain professionals have focused on reducing costs by trimming the unnecessary fat in their operations. Leaner production processes, lower on-hand inventory levels, and smaller, more frequent shipments created a just-in-time (JIT) supply chain that encouraged globalization. However, the risks and challenges associated with today’s supply chain…
Image via Flickr by keepintime_ca A lot of logistics goes on behind the scenes in hospitals. Doctors and nurses would not be able to do their jobs efficiently or effectively without the right supplies. All hospitals and healthcare facilities need distribution specialists as well as warehouse workers, couriers, purchasers, and supply chain management. It’s a…
Image via Flickr by thisisbossi Amazon is just days away from the alleged launch of its highly anticipated smartphone. The 3D device, that will likely debut on June 18, could change the game when it comes to the future of smartphone concepts. It could also transform the way consumers think of tech companies.Oops! You don’t…
Image via Flickr by Michael Elleray Nobody likes to make predictions about the price of oil because it is such a volatile market. Oil prices are affected by the climate, politics, and other industries. As a matter of fact, the price of a barrel of oil can easily double in only a few months depending…
Image via Flickr by Victor1558 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…
Image via Flickr by fiftynightshades The deadly rail accident in Quebec last month, blamed on the lack of proper application of hand brakes on a train carrying crude oil from North Dakota to Canada, has caused more news this week. According to the Wall Street Journal, the U.S. Federal Railroad Administration has issued a letter…