I recently had a conversation with the Director of Logistics at a US-headquartered industrial manufacturing company that has several plants in Mexico, the US, and Canada. He had several interesting things to say about his company’s regional supply chain.
First, let’s talk about the basics of this integrated, regional supply chain that includes Mexico. Near-shoring in Mexico offers real labor arbitrage opportunities. In the case of this manufacturer… Continue reading
Cross functional collaboration has always been a central idea in supply chain management. Today, I will highlight a form of supply chain collaboration that is new to me: supply chain facility design and construction.
When it comes to product development, globalization has led companies to engage in co-development projects with key suppliers. Perhaps the most famous example is Boeing’s 787 Dreamliner passenger jet. Here is a passage from the… Continue reading
What knowledge should supply chain executives seek to remain effective leaders? And more to the point, what knowledge will help them advance further and quicker in their careers?
How (and where) can they obtain this knowledge?
Those were the two main questions that I explored in a workshop I conducted earlier this month at The Logistics & Supply Chain Forum organized by Richmond Events, and they are… Continue reading
Ronald Coase is a Nobel Prize winning economist who wrote about “transaction costs” and how they impact firms and economies. Because of Internet technologies, transaction costs have fallen in many areas, and this is changing the way firms organize their work (including supply chain tasks), the fate of particular industries, and even the economic fortunes of nations.
Transaction costs fall into three main categories:
“The recovery from the Great Recession has proven to be more elusive and prolonged than any in our history.”
This single sentence by Rosalyn Wilson, author of the 22nd Annual State of Logistics Report, which was published this morning by CSCMP and is presented by Penske, basically says it all. We’re still “navigating through the recovery” and it’s anything but smooth sailing up ahead.
CSCMP members can… Continue reading
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