Biggest Shakeup in Decades Coming to the Shipping Industry with IMO Regulations
According to Reuters, the biggest shakeup in decades is coming to the shipping industry as the IMO regulations go into force in January.
Manufacturing Expands at the Fastest Rate in 14 Years
According to ISM (Institute of Supply Management), manufacturing expanded more than it has in 14 years in February - it is on fire!
Is Apple Moving Design In-House?
Apple has developed its own processors for years but has recently increased its focus on the in-house design of components.
Knee Deep in Options: Insourcing vs Outsourcing
There is a strategic shift towards insourcing. This is how businesses evaluate the insourcing vs outsourcing dilemma for operational excellence.
Rethinking Sourcing
Successful manufacturers are re-evaluating their outsourcing/ insourcing/ near-sourcing options. To remain competitive and have any hope of staying ahead of the curve, they are knee-deep in considering the options.
The New Normal Business Environment
In today's new normal business environment which is characterized by volatility, lackluster sales, customers wanting “more for less – and NOW” and a talent shortage amidst high unemployment levels, companies are turning to the supply chain to deliver RESULTS.
Lessons learned from my Procurement Mentor: Negotiations Success
I've seen many examples of companies and executives insisting on "negotiating" for a reduction in costs at the expense of all else.
Cutting through Red Tape in Government Procurement
Lisa Anderson, founder and president of LMA Consulting Group, Inc. whose firm consults with businesses on strategic operations, supply chain, operations management and other disciplines, nevertheless cautions, "If your business isn't focused around a core competency that relates to government contracts, it can be an overwhelming burden." Published in [...]
Just-in-Time Remains Justifiable
It seems very common that people get on the bandwagon of some of these philosophies like JIT, and they give up as opposed to understanding that it's not something trendy to do.