When the much-anticipated expansion of the Panama Canal is completed late next year, cargo ships the size of aircraft carriers will ferry goods from Latin America and Asia directly to East Coast ports and back. These ships - up to two-and-a-half times bigger than those currently allowed - will uproot trade patterns developed over the last century and will affect nearly every sector of the U.S. economy.
A lack of talent, technology issues and geopolitical risks are amongst procurement leaders’ main business concerns, according to Deloitte's fourth annual global chief procurement officer (CPO) survey.
Eight years into a career in supply chain, Susie Conley, program specialist with Caterpillar Inc., talks about her experience, the opportunities that exist for new entrants into the job marketplace, and the attributes that make a modern-day supply-chain professional successful.
In less than a decade, the mobile internet revolution has overtaken the digital revolution and is still accelerating. Mobile penetration is increasing, the costs of access and devices are coming down, and more and more people in both developed and developing economies are using the mobile internet as their first - and often their only - means of going online. Let's look at the phenomenon in Europe.
There's an app for that. That's long been the joke amongst smartphone toting consumers. More and more, the same can be said for supply chain management and logistics tasks.
A lot of security processes failed during the breach of Target's systems during last year's holiday season, but one surprising revelation was that the retailer actually did receive security alerts about the malware in its system. Yet because the security team was bombarded with alerts - estimated at hundreds per day - it couldn't adequately prioritize them.
Technology will give fraudsters an edge in 2015, but it will also provide new tools for organizations and investigators, according to three experts from the Association of Certified Fraud Examiners (ACFE) who were asked for their top fraud predictions for 2015.
In the evolving supply chain, technology has allowed for more rapid and productive dissemination of critical information between organizational partners upstream and downstream. While this increased flexibility, scalability and efficiency of operations provides economies of scale and scope on the revenue and expense side for businesses, the tradeoff becomes a burgeoning access terminal for cybercriminals to poach critical intelligence flows.