Now that corporations are "persons," I suppose it's no stretch to describe supply chains as "mature" or "immature." In fact, the words are especially useful when it comes to determining a company's level of supply-chain responsibility.
Don't give up on China, despite its short-term political and economic difficulties. So says Ted Fishman, author of "China, Inc., How the Rise of the Next Superpower Challenges America and the World" and former Chicago Mercantile Exchange trader.
Ireland was one of the fastest-growing European economies (though briefly it was also one of the most expensive), but suffered a major collapse starting in 2008. However, today its costs are rapidly coming back into line and Irish manufacturing companies are again becoming competitive.
To get products to customers in emerging markets, global manufacturers need strategies for navigating both the traditional and the modern retail landscapes.
The topic of supply-chain risk management is fraught with agonizing questions. Should global businesses emphasize risk prevention, or steel themselves to respond to whatever disaster might occur? Should they seek to transfer risk, or concentrate on achieving better risk-management up front? Should they attempt to do all of the above? The wrong answer can mean the death of an organization.
David Ecklund, director of the Global Supply Chain Executive MBA program at the University of Tennessee, shines some light on the difficult issue of managing the "talent supply chain." He specifies the core competencies that are required of today's supply-chain professionals.
China grew at its slowest pace in 31/2 years, the latest sign that the nation long famed for its economic miracle is still struggling to pull out of a steeper-than-expected slide.
The Stifel Nicolaus Logistics Confidence Index declined for the sixth consecutive month, according to the latest survey undertaken by Transport Intelligence. The index for both the current and expected situation combined registered 47.3 for the month, down from 47.6 in September.
Why is there a critical shortage of people who are qualified to manage global procurement? And how can the problem be remedied? We get some answers from Mickey North Rizza, formerly research director with Gartner Supply Chain and now vice president of advisory services at BravoSolution.
American manufacturing to the rescue? Who could have imagined that? It wasn't so long ago that this sector was said to be on its deathbed. Now we're hearing that manufacturing is the "key driver" of what's passing for an economic recovery in this country.