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An annual study of global supply chain trends conducted by PRTM Management Consultants concluded that supply chain executives are still struggling to make global initiatives pay off for their companies.
With companies now employing people of every race, nationality, religious background, and age group, author Juana Bordas says, it is good business practice to incorporate the practices and values of diverse cultures in a respectful and productive manner.
If you want to get the attention of your company's top executives, you need to speak their language, and that means finding a way to show the impact of supply chain management on the profit and loss statement.
With manufacturing and consumer demand moving steadily westward in China, that nation's rivers are fast becoming the mode of choice for transporting raw materials and finished goods.
As the United States teeters on the brink of recession, a panel of financial and procurement experts has recommended five ways that procurement professionals can prepare their companies for an economic downturn.
Proponents of the European "bestLog" project say that logistics best practices should take into account the social and environmental impact of those standards.
Concerned about rising transportation costs and longer lead times, nearly half of the supply chain professionals who took part in a new survey on procurement are considering sourcing materials and parts closer to home.