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Global Supply Chain Management: Page 550

B2B Procurement Begins to Feel Emergence of Millennials

Millennial influence within business-to-business buying decision groups is growing rapidly, according to a study by Google and the research house Millward Brown Digital.

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Carey Business School Offers Online Supply-Chain Refresher Course

The W.P. Carey School of Business at Arizona State University is offering a new online certificate program on the subject of supply-chain management.

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This Is the Year for Predictive Risk Quantification to Emerge in Supply Chain Management

In the late 1680s, a group of ship owners, merchants and ships' captains - in essence, the supply chain managers of the day - transformed global commerce by "inventing" business insurance. In 2015, the insurance industry will return the favor by supporting supply chain innovation through sharing the tools that insurers have depended on to predict and quantify risk. How and why (now) will that happen? And what do supply chain stakeholders need to do?

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Longshoreman Pay Dwarfs That of Most Employees in Transportation Industry

More than 4,400 ships bring nearly $400bn worth of goods through the ports of Los Angeles and Long Beach every year, a crucial link in the global supply chain of factories, warehouses, docks, highways and rail lines. Most blue-collar workers along the chain have seen their wages slashed with the quick rise of global trade. But the longshoremen who move the goods the shortest distance, between ship and shore, have shrewdly protected pay that trumps that of many white-collar managers.

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Safety Guidelines Issued for Reusing Plastic Packaging for Food, Perishable Products

The Reusable Packaging Association has issued comprehensive protocols to ensure the continued safe use of reusable plastic containers (RPCs) for fresh and perishable products in the supply chain. The guidelines encompass washing, handling, storing, packing, displaying and collecting RPCs. They also include rigorous and defined Hazard Analysis & Critical Control Points (HACCP), and hourly, daily, monthly, and quarterly microbiological testing.

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By Comparison to Other Types of Companies, Retailers Fall Short on Cybersecurity Investment

Seeing what is happening to their customers and feeling the heat from possible threats, technology companies are increasing spending on security for their own systems, according to a survey of chief financial officers. Meanwhile, incentives to spend big on security are still in short supply for retailers and other private companies.

Managing Business With the Supplier, Not Just the Supplier

Analyst Insight: No matter what "expert" you ask – all will point to the fact that SRM is on the rise. This growing realization that buyers and suppliers must work together to achieve success in today's complex and volatile economic climate is a welcome sea change in thinking that only will continue. A key to getting SRM right? Make sure you are putting in mechanisms to manage the business with the supplier – not just to manage the supplier. – Kate Vitasek, Faculty for the University of Tennessee's Center for Graduate Executive Education programs.

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Being Safe Is Not So Easy

Analyst Insight: There is now a false sense of security in supply chain risk management. Sixty-eight percent of companies believe they are better prepared than five years ago, yet supply chains experience an average of three material disruptions a year, according to Supply Chain Insights. Supply chain preparedness is for standard risk factors, such as financial viability, natural disasters, product quality, globalization and outsourcing. But, what about other risks and the security of supply chain? – Mickey North Rizza, VP Strategic Services, BravoSolution

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SRM - It's More Than An Acronym

Analyst Insight: Richard Branson said, "Succeeding in business is about making connections." Our businesses today have thousands of connections with customers, suppliers, and within our own enterprises. The sheer magnitude of supplier connections can be complex in a global business: thousands of suppliers x hundreds of interactions per supplier x at least one element to be discussed between two of the parties equals many connections we must sort through to get to the heart of our relationships and manage them effectively. – Mickey North Rizza, VP Strategic Services, BravoSolution

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Can We Really Scan Every Container for Terrorist Threats?

Is it feasible to scan every one of the 15 million containers that enter U.S. ports each year? With a new technology, the long-term answer might well be yes.

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The Four Pillars of Supply Chain Risk

Analyst Insight: In 2009, Dr. Robert Trent, Lehigh Supply Chain Management Department Chair, and I began to discuss supply chain risk in terms of how it was negatively impacting companies around the world. This dialogue led to capturing as much information available on the subject, codifying, classifying and developing a framework which became a graduate class in supply chain risk management and ultimately a new book, just launched, entitled Supply Chain Risk Management: An Emerging Discipline. – Gregory L. Schlegel, Founder, The Supply Chain Risk Management Consortium, and Adjunct Professor, Supply Chain Risk Management, Lehigh University

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The Supply Chain Has a Major Impact on Your Corporate Reputation

Analyst Insight: In optimizing their global supply chains, companies focus on quality, cost and service metrics and trying to maximize return on their investments in supply chain projects. What is often overlooked is the major impact that supply chains have on intangible capital of a company – its corporate reputation. – Viktoria Sadlovska, Research Director at Reputation Institute

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

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Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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