Floods, tsunamis and droughts have been plaguing supply chains for the past decade. It seems that both too much water and too little water are becoming larger issues and disrupting global supply chains. Suppliers, customers, manufacturers, and consumers are affected and mitigating the risk has been a challenge.
In the example of Thailand in 2011, extreme […]
For those who don’t remember my post on the rapidly growing demand for truck drivers in the United States, have no fear, because a solution is in the works. The American Trucking Associate reported that by 2020 there will be a shortage of 240,000 truck drivers in the US, with movement of truckers to more […]
Traditionally companies have adopted shareholder strategy in their approach to maximizing their profit and satisfying stockholders. But with growing corporate scandals and unethical decisions being made daily by corporate leaders, a general sentiment of corporate social responsibility has been slowly shifting to the forefront and abandoning a “slave” model of please shareholders.
Paul Polman, Unilever’s CEO, […]
While relatively new to the business world, Amazon has evidently showed its competitors that it is here to stay for the long run. Now senior businesses like Walmart are taking on the challenge to expand their eCommerce competitive edge.
Check out the infographic below to see how the two fair up.
Created by WebpageFX
-Riti Patel, Assistant, Supply […]
From the perspective of a recent graduate, the job search can be excruciatingly painful. Between reading through numerous job descriptions, finding one that fits your needs, your wants, and most importantly, one that you can contribute to is almost like blind dating.
I can imagine that this is equally frustrating to employers looking to recruit […]
The above infographic exposes not only the obvious as to why developed countries live in more luxurious conditions, but why poorer countries continue to live more impoverished. Evidently supply chain and business abilities to export goods efficiently effect countries livelihood and standard of living. Click on the infographic for more!
-Riti Patel, Assistant, Supply and […]
Inventory isn’t the sexist topic in supply chain, yet more than often one of the most common issues for companies especially in managing it specifically in optimization. Inventory optimization according to Sean P. Willems, Associate Professor of Operations and Technology Management at Boston University is a journey in which most companies move through three efficient […]
Earth Day is celebrated every year on April 22nd worldwide (just yesterday). Campaigns are held in cities all over the world encouraging citizens to plant a tree, use public transit and help beautify the city through restoration of the cities
While this one day is dedicated to bringing awareness to the importance of conservation of our […]
“Carriers and shippers are driven to be profitable and efficient as they agree on volumes, pricing, and service levels. Yet, the lack of commitment in many contractual relationships—combined with market forces, lost customers, and other factors that may be out of the carrier’s control—can suddenly make these agreements unsustainable. Shippers who understand the dynamics behind […]
The key principle of lean transformation is to maximize customer value while minimizing and reducing waste. As stated in Supply Chain 247, both the automotive and manufacturing world have adopted lean transformation processes when manufacturing goods. The question is posed why such processes haven’t been adapted for by distribution centers in the fulfillment of orders.