Lessons Learned

Apr 26, 2005

Cultural Affects on the Global Supply Chain

As manufacturing operations are relocated around the world, the efficient movement of goods is becoming more and more important. Logistics providers are responsible for the movement of goods and face…

Mar 23, 2005

Sarbanes-Oxley: How It Is Actually Affecting Businesses

With some time to evaluate the real cost of the Sarbanes-Oxley Act, businesses are realizing the direct and indirect cost of this legislation to their businesses. They must comply with…

Jan 19, 2005

Supply Chain Disruptions: Minimize the Effects

The Christmas Tsunami, in the Indian Ocean, gave the world another glimpse of supply chain disruption. Natural disasters, wars, and political upheavals occur regularly around the globe, playing havoc with…

Nov 11, 2004

Benefits and Risks of Single Sourcing

For many companies, sourcing decisions can be some of the most strategic in the organization. Single sourcing has become increasingly practiced today. The decision to sole source an item, particularly…

Sep 28, 2004

Supply Chain Disruptions

Weather causes many disruptions and disasters around the world. Hurricanes, floods, heat waves, and earthquakes cause large scale disasters where people need assistance. An efficient, planned supply chain is critical…

Jul 29, 2004

Success in Diversity Supplier Programs

Many organizations are striving either to establish or to improve diversity supplier initiatives. These plans aim to increase corporate purchasing from companies that are at least 51% owned, operated, and…

Jun 2, 2004

The Benefits of Going Vertical

Managers in many industries are discovering the advantages of going vertical in warehouse and production floor storage. Vertical Lift Modules (VLMs) can be used on production floors to store, locate…

Apr 22, 2004

The Role of Purchasing in the New Product Development Process – Part II

As was discussed in Part I, it is important for organizations to integrate suppliers into the new product development (NPD) process (1). Because purchasing specialists are a key liaison between…

Apr 14, 2004

The Role of Purchasing in the New Product Development Process – Part I

Market globalization and the rapid advancement of technologies require that companies differentiate themselves with innovative products and services to create competitive advantage. Increasingly, manufacturers face shortened product life cycles and…

Mar 9, 2004

South Korea – Growing and Learning

With no lack of issues to deal with regarding the South Korean external business environment, planners at Daewoo and Hyundai have plenty to think about. For these companies, though, operating…