Management

Management (241)

Alibaba, the Supply Chain, and Changes in China

global supply chain franck v 512310 unsplashIt is well known that China has been the biggest producer of goods for many years. From children’s school supplies to the contents of every handyman’s toolbox, “Made in China” is found in small print. However, China’s labor costs, much due to its economic growth from manufacturing, have risen to the point that the competition from nearby Asian countries is taking some of that manufacturing business. These shifts, along many others over the last two decades, have been heavily influenced by the conglomerate Alibaba, affecting the supply chain of companies worldwide.

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5 Effective Strategies To Make Your Supply Chain More Efficient

In recent times, with modern advancements, there have been new strategies to run supply chains. So, now is a time when you have to bring together the old and the new; and bring harmony along your supply chain. After all, it is a harmonious chain of supply that will give your business the success it deserves.

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Supply Chain Management Jobs are Now Premium Positions

supply chain managementIt’s no secret that the supply chain has become key to enabling commerce and production around the world. But the employees who manage it have been unrecognized and considered as technicians at best. The Institute for Supply Management found that overdue recognition is finally coming to managers who can take control of costs and processes.
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What GDPR Means For Your Supply Chain

pubnub gdpr complianceData is a topic that’s warmer than lava. The implementation date for the General Data Protection Regulation (GDPR) is 05/28/2018 and if your business isn’t ready for this change in legislation you’ll be in seriously hot water.

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Be a Supply Chain Hero by Jumping Ahead of the Pack

heroSupply chain managers are not generally considered to be heroic in their daily efforts. Sure, there are plenty of difficult issues they tackle all the time, but the individual things they take care of generally amount to keeping the business running on schedule - in other words, doing what they were hired to do. Supply chain managers can make themselves more important to their organizations by thinking ahead of their daily operations and keeping an eye on these 4 areas of concern that are already emerging in 2018.

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Who Cares About Cyber Attacks on Supply Chains?

broken chainThe answer is that you should be caring about the security of your supply chain more now than you ever have. In fact supply chains have had a relative free period for many years because… well, because it’s a supply chain and not something hackers can easily monetize. But the games and the stakes have changed.

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What does crypto currency have to do with the supply chain?

vechainThere’s plenty of volitility in the standard international monetary market where exchange rates can vary based on any number of factors. And the recent enormous swings in the value of the most visible crypto currency, BitCoin, are enough to drive money managers running from the concept. But let’s not get confused between crypto currencies, blockchain, and speculation. Read more...

Sustainability in the Chain

sustainability 0When we hear about ‘sustainability’ the idea immediately conjurs up images of green trees and recycled paper. And that’s pretty much been the focus of sustainability initiatives around the world for years. But recently the term has become much broader both in ways people think about sustainability and supply chain sustainability, software is helping address the issues.

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Supply Chain and the TCJA Effect on Jobs

tax cuts and jobs actThe TCJA or Tax Cut Jobs Act of 2017 is in full swing as companies try to first understand its short term and long term implications on their operations and then apply the advantages to their businesses. The Institute for Supply Chain Management (ISCM) conducted a survey of manufacturing and non-manufacturing companies to assess how much executives understood about the TCJA and how they envision its affects on their companies.

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3 Ways a CPO Can Transform a Business

ProcurementTo be successful in today’s global economy, companies must ensure that financial resources are directed to projects that will have the most impact. And, when it comes to doing that, the enterprise should look to one department — procurement. Corporations are facing increased investor pressure and it is up to the office of finance and procurement to collaborate closely to understand where the organization can reduce costs, consolidate vendors, and find other strategic sourcing methods to improve competitive outcomes.

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