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Think Tank
Think Tank: Page 249
Just How Much Inventory Is Out There, Anyway?
Hamish Brewer, chief executive officer of JDA Software, was giving a speech at the Economic Club of Phoenix last year, when the topic of global inventory levels came up. The question he posed: How much stuff is currently in transit or socked away in warehouses the world over? The answer: Nobody really knows.
Is the President's National Export Initiative a Dud?
It's been more than three years since the Obama Administration launched its National Export Initiative (NEI), with much ballyhoo. The stated goal of the massive effort was to double U.S. exports within five years - from $1.57tr in 2009 to a projected $3.14tn in 2015.
How Supply Chain Became the 'Truth-Teller' at Johnson & Johnson
Eight p.m. in the "war room" of Johnson & Johnson Health Care Systems: 150 people from all over the world are on a conference call. The topic is a supply outage of trocars, a medical device used in microscopic surgery. Someone on the line, clearly untroubled by the crisis, speaks up. "It's just a trocar," he says.
The Re-shoring Debate: Sentiment or Hard Numbers?
As manufacturers consider shifting production from China back to the West, the U.S. could become an economically viable alternative faster than you think.
Who Cares About Conditions in Overseas Factories?
On March 25, 1911, fire swept through the Triangle Shirtwaist factory in New York City. One hundred and forty-six garment workers perished in the blaze, many of them trapped in the building because management had locked the exit doors. The youngest of the victims were 14. It was a horrifying tragedy, not atypical of working conditions during the so-called Progressive Era. Can we not, however, take comfort in knowing that those times are far behind us?
SEC's New Rule on Conflict Minerals: Clarity and Confusion
The fog is beginning to clear. High-tech and other types of manufacturers are getting a better idea of what they must do in order to conform to new requirements for disclosing the presence in their products of conflict minerals from the Democratic Republic of the Congo (DRC) and neighboring states. Still, a number of questions remain unanswered.
Can Index-Linked Contracts Bring Sanity to the Liner Trades?
On October 13, 2011, the Federal Maritime Commission launched a rulemaking that proposed to allow rate levels within oceangoing service contracts to be linked to industry freight indices. Some carriers and shippers had pushed for the change in hopes of achieving greater rate stability in the notoriously uncertain liner trades.
Why Cybersecurity Is a Supply-Chain Problem
Collaboration is the solution for just about every aspect of supply-chain management except one: cybersecurity. Then it becomes the problem.
How You Can - and Must - Enhance Your Cybersecurity Program
Somebody wants your company's secrets. And there's an excellent chance that they'll succeed in getting them.
For the Food Industry, a Shopping List of Critical Issues
Ask any food industry executive to cite his or her greatest concern, and the answer will almost always be the same: product safety. But the list doesn't stop there. Like any other business sector, food manufacturers are grappling with a number of challenges, many of them related to the age of the internet and social media.
Food Safety: It's All About the Supply Chain
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.
How Much Inventory Do You Really Need?
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.
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