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Image via Flickr by Atomic Taco UPS, and to a smaller degree FedEx, have fallen under fire by both consumers and retailers for failing to meet Christmas delivery deadlines. However, they were in fact victims of a perfect storm of problems that made on time deliveries impossible. According to industry sources, retailers and the weather conditions…
Image via Flickr by Invernesstrucker Perishables cause a headache for supply chains because of the need for refrigeration. However, consumers want fresh foods and companies must learn how to deliver with a cold chain to stay competitive. Let’s take a look at the delicate balance companies must achieve between costs, regulations, and speed.Oops! You don’t…
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…
Image via Flickr by Julien Harneis The 2006 film Blood Diamond shed light on conflict gems mined in warzones. Often these diamonds bring death to the diggers – some of whom are children. Many of these rocks are later used in jewelry sold throughout the world. With consumers being more informed about products than ever…
Image via Flickr by Hakan Dahlstrom The biggest challenges that government procurement agencies face at any level are corruption and discrimination. On a global level, transparency and fairness standards are even harder to agree upon. The World Trade Organization created the first Agreement on Government Procurement in 1981 to make a set of globally accepted…
Image via Flickr by Shaun Merritt As scientists and politicians study and debate the issue of climate change and what to do about it, the shipping industry, mining industry, and oil and gas industries are celebrating a possible new trade route opening between the Far East and the West. The icy waters of the Arctic are…