With more companies using artificial intelligence to scan resumes, the process of finding procurement professionals with required interpersonal skills requires more due diligence.
Wednesday, May 14, 2025 · Massachusetts Institute of Technology
Despite growing investments in carbon reduction, spend-based accounting methods may inadvertently inflate corporate emissions unless companies push for more precise, supplier-level data transparency.
Supply chains operate in an environment where disruptions are almost guaranteed. To address this, procurement organizations must leverage all the tools at their disposal to not only anticipate disruptions but also change how they respond with targeted improvements in processes…
Friday, May 2, 2025 · Massachusetts Institute of Technology
The advent of AI as a widely available business tool has given rise to numerous applications that are proliferating at a dizzying pace. As we strive to stay current with the latest applications, it’s essential not to overlook the ongoing efforts to enhance existing ones.
Wednesday, April 23, 2025 · Massachusetts Institute of Technology
Supply chain co-location offers a powerful solution for companies seeking to remain cost-effective, quick to market, and environmentally sustainable. Research finds one model can result in a 77% reduction in freight costs and 72% reduction in inventory holding costs.
The Reshoring Institute asked 18 executives how they are responding to tariffs, with most saying they are in a holding pattern until more clarity emerges.
Despite the hardships that many small communities have endured over the past several decades as their communities have struggled due to outsourcing, the future of these municipalities is bright thanks to multi-billion-dollar investments in cutting-edge technologies and…
As organizations grapple with ongoing economic uncertainty, many supply chain planning leaders will face organizational resource constraints and competing business priorities. Here are three trends that are impacting their work.
Wednesday, March 26, 2025 · Massachusetts Institute of Technology
Research suggests that collecting e-commerce boxes can result in higher emissions savings, but factors such as weight and driving distance alter the calculation.
For companies looking to locate manufacturing, local prevailing wages, unemployment rate, and available workforce serve as a starting point. The Reshoring Institute’s Minimum Wage Study offers a starting guide.
Companies often buy technology solutions without understanding whether it will fix their business problem. Until that changes, excessively high rates of project failures will persist.
The pharmaceutical industry faces significantly longer lead times than other industries, and time delays can seriously impact the health outcomes of countless individuals. Recognizing the potential risks this poses, one industry giant sought to improve on-time delivery through…
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