Sandeep Duggal, chief executive officer of Extron, explains how traditional manufacturing postponement strategies have morphed into the concept of "last-mile manufacturing."
There have been plenty of predictions about the "bring your own device" trend, but that's not stopping Gartner from making a few more. Gartner's latest research shows 38 percent of companies expect to stop providing devices to workers by 2016 and half of companies will mandate BYOD by 2017.
A six-month consultation period is under way in which the International Maritime Organization (IMO) will seek widespread input on the administrative burdens that may result from compliance with IMO instruments.
Senior management executives are increasingly budgeting for information-technology purchases particular to their own functional areas or departments, beyond what's included in corporate and IT-department budgets.
Companies are increasingly connecting the dots between risk management and sustainability by making sustainability issues more prominent on corporate agendas, according to :2013 six growing trends in corporate sustainability", an Ernst & Young LLP / GreenBiz Group study.
Standard Register, a vendor of document-management systems and services for enhancing business reputation, has launched a new service to help manage the marketing supply chain.
Managing inventory requires skillfully balancing a variety of complicated and competing objectives. Supply management professionals responsible for inventory have to control inventory holding costs, such as warehousing and financial opportunity costs, while pursuing cost savings that may be obtained with larger purchases. They also simultaneously support ambitious customer service levels for a constantly expanding product portfolio. Of course, supply managers who focus on inventory know these pressures well.
The way suppliers are typically segmented may work well for prioritizing procurement resources on supplier selection, managing supplier performance, and supporting and developing strategic suppliers. But it doesn't always work well for prioritizing resources on risk management and compliance. Many B and C suppliers may be easily switched, but still represent large material risks to the company (such as litigation or regulatory fines).
Positive momentum continued in U.S. industrial markets through the first quarter of 2013 as e-commerce maintained its influence on reshaping industrial distribution strategies and facilities across the U.S., according to statistics released by commercial real estate services firm Cushman & Wakefield Inc.
Bangladesh is a dangerous place to work in a factory as the Rana Plaza building collapse shows. Local health and safety regulations are so weak that last spring, even before the Rana Plaza disaster, executives at Disney decided they would no longer source toys and apparel from Bangladesh. The company felt the risk to its reputation wasn't worth the low cost of production.