Thursday, May 19, 2011
While The Institute for Supply Management’s Semi-annual Economic Forecast suggests economic growth through 2011, one prominent economist said there’s still reason to worry.
With both the Institute for Supply Management’s (ISM) Manufacturing Report on Business and Non-Manufacturing Report on Business showing strong growth for 23 and 17 months, respectively, it was not surprising that the ISM’s Semiannual Economic Forecast point to continued economic growth throughout the rest of the year. The report, which was released this week, is based on feedback from U.S.-based purchasing and supply executives.
Wednesday, May 18, 2011
With gas prices making everyone uncomfortable, again, those same old fears about energy prices are back in the forefront. But it does not have to be these way. In fact, it should not be this way—period. That is how T. Boone Pickens, founder and chairman of BP Capital Management, sees it.
Coming off of a 4 percent gain in United States-bound waterborne shipments from January to February, shipments from March to April saw a 7 percent bump with 959,364 shipments, said Panjiva. And the number of global manufacturers shipping to the U.S.—at 139,337 was up 6 percent.
Monday, May 16, 2011
Cost management has taken on increasing importance in all aspects of the business. And in no part of the business is it any more critical than in procurement and sourcing activities. In this fifth installment of our “Beyond the Basics” series, professor Wendy Tate of the University of Tennessee explains the principles and techniques that enable effective cost management as part of an overall strategic sourcing approach.
Saturday, May 14, 2011
As our guest blogger, Robert Rudzki, has already noted here recently, this year’s ISM international conference may be the best in several years.
Friday, May 13, 2011
Supply chain executives are among those now charged with managing product warranties. This is not necessarily a good thing, say industry analysts.
Posted on 05/13 at 09:25 AM
Thursday, May 12, 2011
Aberdeen's Research Benchmarks provide an in-depth and comprehensive look into process, procedure, methodologies and technologies with best practice identification and actionable recommendations for the supply chain.
Wednesday, May 11, 2011
While the global consensus seems to support “green” supply chains, the cost/reward ratio remains a question.
Tuesday, May 10, 2011
CEVA Logistics, has announced the creation of a new organization, Supply Chain Solutions, and launched its latest SMART Solution, SMART End to End