Good forecasting is a blend of both art and science, according to Thomas Schleicher, senior director of measurement science, at the National Consumer Panel. He discusses the scientific measurement aspects of forecasting as well as the art of collaborating across functions to make informed assumptions.
The competitive pressure on members of the global electronics sector has never been greater. While electronics OEMs recognize that their supply chains represent a significant opportunity to gain efficiencies, reduce cost and boost market share, many struggle to take their supply chain process improvement efforts beyond the proverbial low-hanging fruit.
The Open Group has launched the Open Trusted Technology Provider Standard (O-TTPS) Accreditation Program, one of the first accreditation programs aimed at assuring the integrity of commercial off-the-shelf (COTS) information and communication technology (ICT) products worldwide and safeguarding the global supply chain against the increasing sophistication of cybersecurity attacks.
TZA, a consultancy specializing in labor-performance applications, has added a manufacturing module to its cloud-based ProTrack Labor Management Software.
A new push by companies to become "world-class" has executives thinking about how labor-management programs can play a key role in the effort. Evan Danner, president of TZA, provides the details.
Research reveals it is critical for retailers to heighten engagement with workers and trading partners in the supply chain to safeguard against reputational risk.
According to the December 2013 national report of the Institute of Supply Management (ISM), the manufacturing industry is continuing to experience healthy growth.