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Think Tank
SC Security & Risk Mgmt: Page 445
Most Companies Could Use Procurement Transformation
An effective procurement process begins with having all spend under control, including money spent on logistics and transportation, says Nick Seiersen, president and CEO of Seiersen Enterprise. Overall, such a process should ensure that the right suppliers provide the right products or services on the right terms, he says.
Accenture Acquires Octagon Research Solutions, Life Sciences Specialist
The business consultancy Accenture has agreed to acquire Octagon Research Solutions Inc., a provider of clinical and regulatory information-management services and software to the pharmaceutical industry.
The Pros and Cons of Hedging Ocean Freight Rates
Over the last five years, the word "hedge" has become something of a dirty word. Think hedge funds - those massive, unregulated accumulations of capital that played a key role in bringing about the Great Recession. The idea of protecting oneself against adverse economic conditions seemed sound, but it quickly mutated into a bewildering flurry of transactions that ended up creating more risk than they were designed to mitigate. What's more, the original concept behind hedge funds became watered down to the point that many today aren't really "hedging" against anything. They're simply a means for investors to park their money with a trusted fund manager who might or might not repay that trust in the form of steady returns - all with minimal regulatory oversight.
Logistics Companies Exposed to Prosecution Under New Bribery Act in U.K.
Logistics companies and their clients run the risk of prosecution under the UK Bribery Act which was passed 12 months ago, according to research carried out by GoodCorporation.
Strategies for Reducing Supply-Chain Risk
Paul Vanderspek, clinical professor at Colorado State University, offers some valuable strategies for alleviating risk association with potential supply disruptions.
The Pros and Cons of Hedging Ocean Freight Rates
Companies Flexible About IT See Greater Employee Productivity, Study Finds
Dell and Intel released findings from the final phase of a multi-year research effort that shows IT consumerization is dependent on an open-minded approach by organizations, and most likely to succeed with specific, pre-defined parameters.
U.S. to Impose Tariffs on Some Appliances from South Korea and Mexico
The U.S. Department of Commerce says it will impose tariffs on some imported appliances from South Korea and Mexico after it determined that some products are being dumped on the U.S. market.
Criteria for Make-vs.-Buy Decisions
MeadWestvaco, a global packaging solutions provider, has identified a number of new markets in which it sees the potential for profitable growth, says Brian McClure, director of global procurement and supply chain. As the company moves into these new markets, it is faced with a lot of decisions about whether to make or buy goods and services.
Spectrum Chemicals Takes the Lid Off Growth
The company's sales of high-value chemicals, laboratory supplies and equipment were constrained by an inefficient order-entry and processing system. It needed a new sourcing solution for its upstream supply chain.
Ensuring Customer Satisfaction With the Right Insurance
For an online retailer of collectibles from Disney World and other Florida theme parks, damage in shipment is just a fact of business life. That's why the insurance carrier it has is so vital to the e-tailer's continued success.
Practicing Conflict Resolution in Supply-Chain Management
A conversation with Stewart L. Levine, founder of ResolutionWorks.
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