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Late Payments Cause Ripples Through Supply Chain
Late payments from customers are having a “devastating impact” on the supply chain, prompting many businesses to delay paying their own suppliers in turn, a UK survey found. Almost half of UK businesses surveyed are holding off paying their suppliers […]
Security & Supply Chain: 2014 Crimean Crisis
by Sterling J. Scott, Marketing Communications Coordinator, MHI | @mhi_sterling As the eyes of the world turn to Russia and the Ukraine through a level of tension reminiscent of the Cold War era, the business world should pay extra close attention […]
Inc. Magazine Names Automatic Guided Vehicles As A Best Industry for 2014
A recent Inc. article names the Automatic Guided Vehicle Industry as a best industry of 2014 citing the Industry’s recent growth. This growth is a result of the manufacturing recovery in the U.S., more specifically the automotive industry recovery. The article […]
Move It! Series Highlights Supply Chain Industry Innovation
“Have you ever wondered how the stuff you use every day gets to you?” the video program “Move It!” asks. Through thirty-minute episodes, the series explains the supply chain by describing the transportation and distribution systems that make commerce possible. […]
Receivables Financing May Be Fast-Capital Option For Supply Chain Companies
Supply chain businesses that need quick access to growth capital may be able to tap funds within a day by selling their customer invoices. This option offers an alternative – albeit a generally more expensive one — to traditional bank […]
Companies’ IT Spend Focus Not Aligned With Supply Chain Visibility Goals
Companies continue to focus their information-technology spending on automation within their own businesses rather than their extended supply networks, a misalignment between IT and business leaders that runs counter to industry goals of advancing supply chain visibility and agility, a […]