Supply chain management experience is vital to corporate risk management planning, write Carlos Alvarenga of Accenture.
As e-invoicing and procure-to-pay networks have evolved into broad-based business networks, advancements now enable professionals to finally connect all the dots in the supply chain, writes Shan Haq of Transcepta.
While it promises supply chain sustainability gains, using compressed natural gas as a transportation fuel requires multi-step capital and operating considerations, writes Casey Whelan of U.S. Energy Services.
Parties storing goods in warehouses need to be alert to liens on their goods, writes Ron Leibman of Riker, Danzig, Scherer, Hyland, & Perretti LLP. To avoid unpleasant surprises, both parties to a warehousing agreement must understand their rights and the documents that cover their transactions.
Using an advanced logistics simulation tool to analyze system performance and lifecycle cost can help logisticians negotiate better performance-based logistics contracts, writes Justin Woulfe of WPI Services.
U.S. manufacturers currently face a complex set of issues in finding qualified production and operations workers, leading to tens of thousands of unfilled positions throughout the industry. This is expected to intensify in the years ahead, according to a new survey.
Capacity is an important factor that directly impacts companies’ top line in a highly commoditized industry, like shipping. When capacity grows faster than what is demanded, competition will rise among individual shipping firms as they try to utilize idle ships and cover fixed costs. This will lower day rates, which will negatively affect bottom line earnings, free cash flows and share prices for companies.
A combination of rebounding sales and an unprecedented number of new models in the works has stretched the auto parts supply chain so taut that the entire industry is holding its collective breath that it does not snap and jeopardize the recovery.
The New York State Legislature has moved to dissolve the bi-national Peace Bridge Authority, a move that the Ontario Trucking Association is saying will stall progress on key infrastructure improvements at the border crossing.