Inventory is evil. Inventory is essential. The two statements aren't necessarily contradictory. Not if companies can figure out a way to determine the absolute minimum amount of stock needed to keep customers happy, while maintaining a tight lid on costs.

By now, the functional model has become the conceptual core of nearly all organizational structures, public and private. It is so ingrained in the daily activities of most companies that it is rarely questioned. But it is obsolete.

GE Capital Fleet Services has introduced Driver Accountability, a service that is intended to manage truck driver violations and related expenses.

This month, the Supply Chain Insights team will announce the Supply Chain Index, a formulaic representation of supply chain excellence based on market valuations. It will be launched during a webinar on April 25, 2013, and through a series of reports that will run in our May newsletter and throughout the summer. Here, I would like to share some background information on the Index and how I intend to use it in developing a higher level of research.

Energy consumption in the U.S. manufacturing sector decreased by 17 percent from 2002 to 2010, according to the U.S. Energy Information Administration. It notes that manufacturing gross output decreased by only three percent over the same period.