Making the business case for an accounting or HR system is clear-cut: Avoid unnecessary costs, manage cash better, reduce risk and you're done. If you were to invest twice as much in one of those systems, you might increase business payoff by 20 percent, so you can find the optimization point for ROI in a single spreadsheet. But what about the customer relationship management system?
In the supply chain and sourcing domains, companies are changing the way they source, produce and distribute goods or services to their customers, in search of reduced costs and greater efficiency.
Anyone in the business of manufacturing automobiles, trucks and automotive components back in the tumultuous years of 2008 and 2009 might be tempted to put their metaphorical transmission into neutral, reveling just a little bit in the success that surrounds an industry that is experiencing something akin to a rebirth. But as sweet as that might seem in the short term, there are significant challenges facing automotive suppliers despite the improving production outlook.
What Rust Belt? Timothy Butler, associate professor at Wayne State University's School of Business Administration, details how Southeast Michigan's economy - of which the automotive industry is a major piece - is recovering.
FirstCarbon Solutions, a provider of software and consulting services to enhance the environmental sustainability of business, has expanded its partnership with the Carbon Disclosure Project (CDP). FirstCarbon will score companies' submissions on their greenhouse gas emissions and carbon-management strategies to CDP Supply Chain. The latter works with global companies to measure and understand the impact of climate change across supply chains. An independent, non-profit organization, CDP helps companies and cities to measure, disclose, manage and share information on environmental risk and opportunity.
Supply chains are just as susceptible to faddish behavior as anything else. We're social animals, so we tend to follow the crowd - especially if we believe that the crowd has a competitive edge. That's why so many companies flocked to China over the last couple of decades, in search of ever-cheaper sources of production. Or why outsourcing became such a hot trend over that same period of time.
Thirty-six percent of all targeted attacks (58 per day) during the last six months were directed at businesses with 250 or fewer employees, according to the June 2012 Intelligence Report from Symantec. The figure was 18 percent at the end of December 2011.
To put it mildly, today's ERP is not what it was a decade ago. In terms of mobility, speed and actionable intelligence, technology was in its infancy at the turn of the century.
China's retail sales growth slowed to 13.8 percent in May, down from the 16-0percent to 18-percent annual growth analysts have grown accustomed to. Many analysts are panicking, saying the data indicate the end of the Chinese consumption story. These fears are overblown.
The latest supply-chain news, analysis, trends and tools for executives in the automotive industry — which consists of companies that produce automobiles, utility vehicles, motorcycles, all-terrain vehicles and heavy trucks. Learn how automotive companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.