The chief supply chain officer has emerged as a vital partner in the most strategic aspects of managing complex, global companies. In years past, the procurement function (the sourcing of essential products and services on the best possible terms) occupied center stage. But more recently, the relentless focus on driving out costs has taken a backseat to such issues as supply market risk, revenue enhancement and managing complex supplier relationships.
Finance, IT, procurement and other business services areas are in the midst of a growing talent crisis, and the failure of HR and business services leaders to effectively collaborate is in large part to blame, according to new research from The Hackett Group.
Emerging market multinationals are struggling to build effective international management teams as they grapple with cultural differences, conflicting internal perceptions of talent management, difficulties in balancing global and local talent, and a lack of a reliable leadership pipeline.
Acquisitions are a vital component of growth for many businesses. Yet a high proportion of deals fail to deliver value. Why? A common reason is that, because of time pressures and complexity, many companies struggle to integrate fully after the deal. Synergy targets that were so enticing in the run-up to the deal melt away under the realities of meshing two often very different organizations in a short time.
Epicor Software Corp. has developed a new version of Epicor HCM, its application for human capital management. Version 5.7, due to be released this summer, is built on a global framework and Web services, the company said.
The American Association of Port Authorities says delays in setting technical specifications for Transportation Worker Identification Credential card scanners could force ports to shoulder extra costs.
Today's highly efficient closed loop systems are only the beginning of the coming rfid-driven transformation of transportation and logistics visibility and management.