While this past winter was fairly mild compared to the winter of 2015 - which began with New York officials shutting down a 132-mile stretch of the New York Thruway due to freezing and snow falling as fast as six inches an hour - supply chain managers still need to be prepared to handle extreme weather.
The Department of Defense has retained Liquidity Services, Inc. a provider of reverse supply chain services, to manage and sell scrap assets generated by DoD installations throughout the continental United States, Alaska, Hawaii, Puerto Rico and Guam. The Company expects to commence operations under the contract on Sept. 1, 2016.
For the fourth year in a row, business interruption risks - including supply chain disruption - rank as a top three global risk, according to the Allianz Risk Barometer.
Manufacturers and distributors, like companies in other industries, face mounting cybersecurity risks. Still, some don't do enough to address the issue and protect intellectual property and sensitive data and information, according to a new industry report from professional services firm Sikich LLP.
More organizations are investing in business-to-business electronic integration (B2Bi) to cut costs and increase business flow efficiency, according to a survey of more than 200 organizations by the University of Tennessee's Global Supply Chain Institute and integration provider DiCentral.
Accountability - the ability of people to understand what is expected of them, exercise authority, and take responsibility for delivering results - is an important dimension of organizational health. Of course, some companies are better at fostering it than others.
A decade ago, consumers accepted waiting a week for their product but now with the infusion of companies such as Amazon and Alibaba, consumers are making their purchase decisions based on how quickly they will receive the product. In order to stay competitive in the marketplace, companies are turning to 3D printing to create their products quicker.
Last June, Kansas City struck up a nearly $16bn partnership with Cisco Systems and Sprint to help make that city a lot smarter. How so? By tapping into digital technologies to improve such vital city services as energy, water and transportation.
The next thing you try on at the mall might be a virtual reality headset. No longer relegated to video gamers, VR is coming to amusement parks, movie theaters and classrooms. But the technology presents a major opportunity for retailers as they try to lure fickle shoppers into their stores, particularly as consumers shift more of their buying habits online.
The world's farmers have increased their use of genetically modified crops steadily and sharply since the technology became broadly commercialized in 1996. Not anymore.