Factoring uncertainties into supplier strategy decisions builds agile procurement into the whole supplier life cycle. Procurement leaders of the future will measure uncertainty through quantitative analyses, modeling scenarios to take key uncertainties, such as supplier bankruptcy or material scarcity, into account.
Even as Cosco becomes confident it will achieve a full-year profit and avoid delisting, it was denying reports that former chairman Wei Jiafu was placed under travel restrictions, after one of its top executives resigned under a cloud of investigation.
Mark Preston, global lean leader with Lean Applications LLC, outlines the key factors to be considered in fostering a "culture of excellence" within companies.
Andrew Roszko, senior vice president of sales at Descartes, explains how three interrelated trends - big data, direct-to-store shipping and omnichannels - are transforming retail.
Orbcomm Inc., a provider of machine-to-machine technology, has launched its solar-powered GT 1100 trailer-tracking system for the transportation and distribution industry.
TNT Express, one of the world's largest express delivery companies, has opened a new warehouse in Doha to support and sustain its business growth in the country.