As tainted-food scandals go, it wasn't so bad. The discovery early this year of unlabeled horse meat in European food products wasn't for the most part a safety issue. It was a violation of cultural norms, to be sure, as well as a truth-in-packaging problem. Most of all, it was a supply-chain failure.
The term demand driven has become vogue again, but what does it really mean? And, should it be taken one step further to orchestrate bidirectionally market-to-market in market-driven value networks? Or will companies stumble on the path by mistakenly implementing supply-centric processes and calling them demand-driven initiatives?
The Open Group Trusted Technology Forum, a global consortium formed to create information-technology standards and certifications, has published the Open Trusted Technology Standard (O-TTPS).
Organic products were a luxury with little market to speak of when Ibrahim Abouleish founded Sekem, Egypt's first organic farm, in Cairo in 1977. The years Sekem spent honing sustainable cultivation practices paid off, though, in 1990, when it moved into growing organic cotton. Organic produce was entering mainstream Western stores then, and worldwide demand for all things organic began to surge.
The U.S. Coast Guard announced the acceptance of nine ballast water treatment systems as Alternate Management Systems (AMS) in compliance with the service's March 2012 final rule for Standards for Living Organisms in Ships' Ballast Water Discharged in U.S. waters.
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.
When asked to describe the impact on the economy of modernizing factories with advanced technology and automation, nearly two-thirds of Americans told pollsters that it either made no difference or actually hurt the economy, according to The Wall Street Journal.
Solving the sustainability challenges of the palm oil market will require use of alternative oils and the cooperation of all stakeholders, says a study from A.T. Kearney.
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 But it is obsolete.