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Image via Flickr JeepersMedia It’s typical for shipping rates to increase every year to accommodate employees’ annual salary increases and new technology upgrades. At the end of 2016, however, UPS, FedEx, and the United States Postal Service (USPS) increased their rates higher than what’s normally expected. It’s important to understand shipping rates when choosing a…
Image via Flickr by azza-bazoo According to Reuters, “Japanese trading house Mitsubishi Corp said it is entering Australia’s diesel market by building a $103 million gas oil import terminal to tap growing demand and as a closure of several refineries has squeezed domestic supply of the fuel.”Oops! You don’t have permission to view this page!…
Image via Flickr by Victor1558 The Institute for Supply Management (ISM) just released their annual study regarding pay for professionals within the supply chain. Overall, salaries (including regular pay and bonuses, but excluding the value of benefits packages) were up slightly for the year 2012. The average salary for professionals in the supply chain was…
Image via Flickr by Ding Yuin Shan When operational dysfunctions occur, the source of the problem is usually linked to the supply chain. Effective supply chain systems integrate seamlessly into a company’s operations and need a great deal of teamwork for success. A dysfunctional supply chain can drag a business under very quickly. Here are…
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Image via Flickr JeepersMedia In 2011, automakers in Japan faced months of production setbacks due to a massive earthquake. When it happened again in April 2016, Toyota was better prepared and is already bouncing back. The company is still losing money because of the quake, but losses aren’t as bad as they were in 2011….