The question of the month from an anonymous reader was posed like this: What is the best way to manage supply chain risk?
I think we are all ready for a nice, long Memorial Day weekend. Ben Benjabutr, a blogger from scm-operations.com sent us over this great infographic on the history of logistics and SCM. We loved it and wanted to share. Happy Friday! Source: SCM-Operations.com
Manufacturing in Asia (China, India, Indonesia, etc.) is no longer a slam dunk for U.S. companies. There are many factors to consider when deciding where to manufacture and the analysis required is not that easy. You need to look at everything from taxes, regulations and currencies to culture, fair labor practices and quality/safety standards to supplier networks, skilled labor, infrastructure and everything in between.
As you all know, I have been chatting a lot about social media, and now it seems that the conversation has taken an interesting turn, a turn that could equal $16 billion as Facebook goes public. There is a ton of press covering this IPO as everyone ponders…
At a recent planning call with some of the members of the Next Practices Xchange for their upcoming conference, I was asked to come up with the list of concerns that leaders in the community (Procurement, Strategic Sourcing, Supply Chain, etc. etc.) had. This was to identify the major risks that are facing the community so that a relevant agenda could be developed. I pushed back at the members and got them to acknowledge that we would be talking about only those issues that they knew about or had identified. What about all those that they had not?