A key component of supplier risk management for many companies is monitoring the supplier's financial health and viability to try and obtain early warning of potential supplier issues that could impact the continuity of supply. However, by itself, supplier monitoring misses opportunities to actually bolster and improve the supplier's financial health, which is particularly important for those suppliers that are highly leveraged and/or have cash flow challenges.
Manufacturing and distribution executives love the idea of slashing inventories. But it's distribution-center managers who must deal with the consequences.
A shortage of transportation equipment and possible labor disruptions at the Los Angeles/Long Beach port complex, the nation's busiest, is delaying shipping containers for up to three weeks, threatening timely delivery to retailers for the holiday season.
APEX Analytix, a provider of software and services to safeguard disbursements and protect against identity fraud, has released a new version of its FirstStrike Supplier Portal.
It’s not a surprise that cyber crime is costly for organizations. The cost of any lost productivity, combined with the fallout of any compromised data, the impact to the organization's reputation, and the cost to clean up and recover from an attack all add up. Not to mention the cost of the time lost.
In Stanley Kubrick's Cold War black comedy "Dr. Strangelove," the Soviets have developed a devastating "Doomsday Device," to be triggered by a nuclear attack on the U.S.S.R. It's supposed to act as a deterrent, but has been kept a secret. Asks an exasperated American president of the Russian ambassador: "Why didn't you tell the world?" To which the ambassador replies: "The Premier loves surprises."
The Ebola crisis in West Africa has helped push cocoa prices up by 10 percent since August to more than £1,000 ($1,617) per tonne, and this despite rising production.
Infinity QS International Inc. has published a new electronic book, "Transforming the Vaccine Manufacturing Chain: How Pharmaceutical Companies Can Ensure Quality and Accelerate Time to Market."