The past was a simpler time for distribution operations. Technology was relatively straightforward. The supply chain wasn't "always on." There was no such thing as omnichannel distribution. That's hardly the case now.
Organizations must make improvements to their risk management programs in order to keep pace with the latest cyber-attack risks and data security challenges, according to the second annual 2015 Vendor Risk Management Benchmark Study, released by the Shared Assessments Program and Protiviti, a global consulting firm.
The CVS Health Corporation, the parent of the CVS drugstore chain, said on Tuesday that it would resign from the U.S. Chamber of Commerce after revelations that the chamber and its foreign affiliates were undertaking a global lobbying campaign against antismoking laws.
Walmart is out to improve the quality of product information available to consumers on the internet - particularly from social media sources - with a supplier data collection program that will launch later this year.
For manufacturers, Mexico is heating up. According to a recent survey from AlixPartners, 41 percent of manufacturing and distribution executives globally believe that bringing production back from overseas – a strategy known as nearshoring – is an opportunity for their organizations, and 86 percent of that group report that they have nearshored or expect to within the next few years.
Soft-skill traits such as emotional intelligence and communication have long been recognised as fundamental to business success and are now gaining recognition in procurement and supply.
Alaska Airlines says it is on track to save 87 gallons of fuel, shorten flight times by about nine minutes and reduce carbon emissions by nearly 1 metric ton, every time one of its planes land at Seattle-Tacoma International Airport using new, operations-enhancing Federal Aviation Administration procedures designed by Boeing.