Supply chain executives at companies with global supply chains are paying close attention to what happens surrounding import tariffs and trade rules now that Donald Trump is the President elect. On the campaign trail Trump promised to renegotiate the North American Free Trade Agreement and impose punitive damages on goods made in China.
If a marketplace can not provide an almost instant quote, how much value is that site really providing to shippers? But providing instant quotes and commitments is much more difficult for freight moves than what Uber does with their ride hailing service. There are more parties to the transaction and much more complexity. But one tech startup has taken an interesting Big Data approach to tackling this problem.
There are as many ways to approach corporate social responsibility as there are companies. But a key driver is almost always focusing on the issues that could be most injurious to that company’s brand equity. For large apparel and retail companies, the treatment of labor in sweat shops in third world countries presents a critical set of issues. This article discusses new crowd sourcing apps that could allow brand owners a tool to better protect their reputation.
McDonald’s announced a 10-year plan to produce cage free eggs. The Fortune article is mainly a turnaround story. But this turnaround depends upon a supply chain transformation.
Brexit will have a minimal impact on global supply chains. The U.S. presidential election could have a much bigger impact. And changes in EU tax enforcement, the most of all.
Building unbreachable supply chain applications is virtually impossible. So it was with great interest that I listened to how blockchain technology could be used to create robust tendering and visibility that can be wholly trusted.
Data models provide insights, but humans make decisions, and those decisions are not always rational. Behavioral economics research explores the nature of human decision-making, biases –like the “anchoring effect”, a common tendency to rely too heavily on the first piece of information when making decisions — and how seemingly unrelated things influence our decisions. We’re […]