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Global Supply Chain Management: Page 709
The Manufacturing Renaissance in the U.S. and What's Driving It
A manufacturing renaissance is taking place in the United States. According to a recent MIT study, 14 percent of manufacturers have made definite plans to move some of their currently offshore production back stateside. An additional 30 percent are considering it. The common term being used for this is reshoring. The reshoring trend is growing and can garner goodwill with domestic customers, consumers and even legislators. But any careful decision to reshore or expand domestic manufacturing capacity will be predicated on goodwill benefits and growing profitability.
Enterprise Zones May Make It Worthwhile to Consider Locating Business in California
If you're looking to set up shop in a west coast market, don't automatically strike California off your list of potential sites. Believe it or not, there are places all over the state that are friendly to manufacturing.
Tossing Out a Low-Cost Sourcing Strategy in Favor of 'Best-Sourcing' Practice
Years ago, supply management professionals turned to low-cost countries to manufacture products, establish services operations and source materials in an effort to improve the bottom line for their companies. They found that inexpensive labor in India, China and emerging Asian countries made this new low-cost-country strategy successful "” despite requiring the management of lengthy, complex supply chains. Then the world began to change.
H&M the Latest of Very Few Retailers to Go Public With Its List of Suppliers
Hennes & Mauritz, selling under the brand H&M, is the world's second-largest apparel company and the biggest buyer of clothes made in Bangladesh. That has put the Swedish retailer in an uncomfortable position after the death of a prominent labor activist a year ago and a garment factory fire that killed more than 100 workers in November.
Damco CEO Discusses North American Logistics Market
CSX Exec Bullish on Intermodal Growth
Is Your S&OP Process In Tune With Your Organization?
Growth of Air Cargo Relies on Cooperation of All Players in the Industry, IATA Head Says
The International Air Transport Association (IATA) called on airlines and their partners in the air cargo supply chain to work together to make the mode more competitive and address the challenges of safety, security and sustainability.
Report Forecasts a Resurgence in Manufacturing in the U.S.
A new econometric forecast model shows there is ample potential for U.S. manufacturing to resurge and, by 2025 add a significant number of good-paying manufacturing jobs, add to GDP growth, and help create the first surplus in the nation's goods and services balance of trade since 1975.
Things Can Go Wrong When Automakers Share Parts
When Hyundai Motor Co. and its affiliate, Kia Motors Corp., announced Wednesday that they were conducting a massive recall of 1.7 million vehicles, it was a sign of what can go wrong when parts are shared by many vehicle models.
What It Takes to Be a Great Demand Planner
Companies say they are in dire need of competent supply and demand planners, but the requirements of that position today are so varied that you wonder whether a single person exists who can do the job. It calls for strong math and statistical skills, obviously, but a good planner must also be able to communicate well across the multiple "silos" of an organization. The right candidate will have a deep understanding of the requirements of manufacturing, logistics, marketing, sales and finance. Then there's the necessity of reaching outside company walls to suppliers and customers, to ensure that all parties are in agreement about what the demand forecast should be. Who are these freakishly talented individuals? And where can they be found?
Supply-Chain Risk Management Comes to the C-Suite
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