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Image via Flickr JeepersMedia Recalls can have damaging effects on a brand. Investors predicted that Samsung would learn this firsthand after recalling its Note 7 smartphone in October 2016. Many consumers lost trust in the brand, and Samsung has spent millions of dollars trying to alleviate the damage. Check out how Samsung handled the recall…
Image via Flickr by Marcin Wichary While a company is small, procurement is simple. As the organization grows, however, the process gets muddled and becomes less efficient. For example, the federal government has grown to the point of inefficiency at which it spends $800 per American per year on goods and services! If your procurement…
Image via Flickr by MDGovpics The very monotonous nature of the supply chain presents a unique opportunity for supply chain managers that few are aware of and even fewer use to their full advantage. Day after day, week after week, and year after year, companies go through the same processes of acquiring raw materials, shipping…
Image via Flickr by Yutaka Tsutano According to Reuters, “Suppliers to Apple Inc (AAPL.O) are scrambling to get enough screens ready for the new iPhone 6 smartphone as the need to redesign a key component disrupted panel production ahead of next month’s expected launch, supply chain sources said.”Oops! You don’t have permission to view this…
Image via Flickr by westonhighschoollibrary Several companies are investigating 3D printing because it could revolutionize the supply chain industry. Instead of having items made in a third-world country and then shipped around the world, 3D printing opens up the possibility of making products anywhere and minimizing shipping needs. This means 3D printing could save companies…
Image via Flickr by Kevin Dooley In recent years, boutique consulting firms have experienced increased success in the supply chain management field. While boutique firms aren’t necessarily small, they typically have a well-defined focus for more industry-specific knowledge and are often more cost-efficient than larger firms. Supply Chain Visions, Inc., one of the ’10 coolest…