You could call inventory and warehouse space the twin evils of the supply chain. Both are big drags on the balance sheet. So it should come as no surprise that the two categories are lagging the recovery - or what's passing for one.
Today's ERP systems often have much of the needed supply chain management software, they are interoperable, and with them collaboration and visibility problems are minimized, says Mike Tatara, product marketing manager, Epicor Software Corp. In addition, they are highly efficient information repositories.
There are good reasons why a formal process for conflict resolution is necessary in the context of supply chains, says Stewart L. Levine, founder of ResolutionWorks. The very nature of supply chains, with their panoply of internal and external partners, gives rise to conflict. What's needed, he says, "is a conversational process whereby you can teach people how to move through conflict."
More than a third of U.S.-based manufacturing executives at companies with sales greater than $1bn are planning to bring back production to the United States from China or are considering it, according to a new survey by The Boston Consulting Group (BCG).
Hong Kong Air Cargo Terminals Ltd. (Hactl) has become the site for the first authorized training center (ATC) to be established by the International Air Transport Association in Hong Kong.
Like death and taxes, volatility has now become a fact of life. The aftermath of the 2009 recession reinforced the importance of defensive strategies against volatility in order to survive, but winning in an increasingly uncertain world requires that we learn to thrive in volatility, harness it and use this strength as a competitive advantage.
The world of consumer electronics is a rapidly evolving marketplace, one where manufacturers have to deal with product price erosion and the challenges that come with selling into many layered vertical markets.
The life of a product and part does not have to end when failure occurs, according to a new Aberdeen report entitled Best Practices in Return, Refurbishment and Repair 2012.