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Think Tank
Global Supply Chain Management: Page 353
Breaking Free of the Supply Chain Death Spiral
Slowing growth, intensifying competition and rapidly changing consumer preference are creating rising cost pressures, driving major focus to reduce supply chain costs across industries. However, companies are stuck in an endless death spiral of cost cutting with little impact to the bottom line. Leading companies are breaking this cycle with ZBSC (zero-based supply chain)— a way to drive profitability by looking forward, continually improving bottom line results in a rapidly changing world. –Gary Hanifan, Managing Director, Accenture Strategy, Supply Chain & Operations Strategy
Providing Cash Flow Predictability for Buyers and Suppliers
While it's known that supply chain finance (SCF) provides cash flow predictability and control to buyers, it is less known that suppliers benefit from early payment of receivables with cash flow improvement and economic security. From investment grade suppliers to those on the tail end, suppliers of all sizes have seen the benefit of SCF realized through visibility via technology, payment flexibility and growing their own working capital to invest in growing their business. -Nathan Feather, CFO, PrimeRevenue
GE Unit Expands Program to Speed U.S. Imports Through Supply Chains
Companies that ship and handle goods moving through supply chains have a problem: they don’t often know where their shipments are in far-flung freight networks or when they will arrive.
Opinion: When to Report a Cyberattack? For Companies, That’s Still a Dilemma
It has been seven years since the Securities and Exchange Commission first advised public companies to tell investors if they had suffered a cyberattack deemed to be material. But even with the rising number of severe hacks, only a few companies report incidents each year to the S.E.C.
Trump Imposes Tariffs on Steel and Aluminum, but Offers Relief to Allies
President Trump on Thursday imposed tariffs on imported steel and aluminum but offered relief to some U.S. allies, a move that marks his administration’s most protectionist step yet but stops short of the global tariffs his GOP allies begged him to avoid.
Bosses at World's Most Ambitious Clean Coal Plant Kept Problems Secret for Years
Executives at the world’s most ambitious “clean coal” plant knew for years about serious design flaws and budget problems but sought to withhold key information from regulators before their plans collapsed, according to documents obtained by the Guardian.
Ending Slavery in Supply Chains, Part 1: The Work of Humanity United
Human trafficking and slavery in global supply chains would appear to be an intractable problem. But progress toward their elimination is being made.
Supply Chain Analytics, the Key to Success in the 'New Normal'
Getting from point A to point B in today's supply chain is no longer as simple as a straight line. Instead, in today's global environment businesses are adapting their supply chains in order to compete profitably. Rates, capacity, competition, warehousing and other supply chain components are evolving while the pace of business moves faster than ever before. As a result, ongoing supply chain analysis is critical in order for a business to adapt and compete. -Brian Broadhurst, Vice President of Transportation Solutions, Spend Management Experts
A Look at the World's Most Powerful Wind Turbine
GE Renewable Resources said it’ll spend as much as $400m over the next few years to build an offshore wind turbine almost 100 meters taller than the Washington Monument.
Will Amazon’s Worker Tracking Wristbands Cross the Privacy Line?
Using technology to improve productivity is a time-tested path in all aspects of manufacturing, including warehouses.
Kobe Steel, Toyota Hit With U.S. Lawsuit Over Vehicle Metal Quality
U.S. consumers have filed a lawsuit against Kobe Steel Ltd and Toyota Motor Corp accusing the companies of violating consumer protection laws and engaging in fraud by concealing the use of substandard metal components in vehicles.
China Is Turning Ethiopia Into a Giant Fast-Fashion Factory
Standing in a sunny office in Indochine International’s brand-new factory, Raghav Pattar, vice president of this Chinese apparel manufacturer, is ebullient. It’s November, barely six months since the Hawassa Industrial Park opened, and already he has 1,400 locals at work.
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