There’s nothing in the lean and just-in-time supply chain methodologies that recommend keeping a bare minimum of parts on hand. In fact, they preach the opposite.
It's not enough just to know where your freight in transit is. You've got to be aware of multiple aspects of the shipment, says Sam Phillips, senior solutions manager with Here Technologies.
Surging prices of the raw materials needed for your refrigerators, automobiles, window frames and plumbing show no signs of abating as America’s supply chain crisis spills into another year.
Along with the passing of supply “chains” in favor of supply “networks,” statistical forecasting is passing in favor of more advanced cognitive technology.
While noteworthy innovations have been made in the $518 billion global payments market, it’s still overwhelmingly complicated and costly for buyers to pay suppliers.
A review of how good a job companies are doing in adhering to their promises in the areas of environmental, social and governance (ESG), with two attorneys from Crowell & Moring LLP.