As a leading contract manufacturer of electronics, Celestica works with a diverse supply base comprised of thousands of vendors. Six years ago, the company began a major initiative to gain better visibility and control of supplier performance, an effort that led to creation of a proprietary supplier collaboration tool known as Live Share.

People, processes and technology are the three key areas where companies are experiencing "pain points" in their forecasting efforts, says Eric Ball, solutions manager with Avercast LLC. The people side is especially vital, given the trend within many companies of "trying to do more with less." Too often businesses rely on a new piece of technology to improve their forecasting, ignoring the need for humans to run the system. "Coupled with budget cutbacks left and right, developing personnel is a tremendous issue," he says.

California cantaloupe handlers have voted overwhelmingly in support of the state's first mandatory food safety program to be implemented by a commodity board. The California Department of Food and Agriculture said that 100 percent of handlers voting in a statewide referendum are in favor of amending the existing California Cantaloupe Advisory Board to establish the new food safety program.

The electronic industry has always been characterized by high variability in supply and demand. With recent natural disasters such as the earthquake and tsunami in Japan, and flooding in the parts of the U.S., the problem has only become more acute. Tackling it requires state-of-the-art systems, strong management commitment, good customer service, well-run business processes, integration among functions and effective inventory-control procedures, says Dave Lentz, director of innovation and solutions marketing with Avnet Electronics Marketing Americas.

Unsustainable water use is threatening agriculture, other business and populations in China, India and the U.S., according to a study by risk analysis company Maplecroft.

As a tier one automotive supplier, Active Tools International knows the importance of avoiding and mitigating supply chain disruptions. Bill Keller, president of global operations, says the company has developed written risk mitigation plans that emphasize the use of dual sourcing of parts.

One of the often overlooked and undervalued components of supplier selection is trying to determine the supplier's long-term potential. Simply stated, it is not very difficult to identify the lowest price option during an RFP process. The key for long-term success is based on analyzing each supplier's potential for the long haul, encompassing areas such as strategic alignment, cultural fit, common delivery centers, industry outlook and social responsibility efforts. The best overall strategic value is not necessarily the lowest cost.

Interruptions and impediments to supply chain operations continue to rank among the greatest concerns for U.S. technology companies, according to an annual report issued by BDO USA, an accounting and consulting organization. Eighty-eight percent of tech companies cite concerns over reliable suppliers, vendors, distribution of products and services, as well as the global distribution chain.

There are three things certain in life. We all know the two cited by Benjamin Franklin, but there's a third certainty that we all face regularly and have to cope with constantly - that we'll make mistakes. Everyone makes them; if it hasn't happened to your business, you haven't been in business long.