Although there has been some success at integrating resources in the transportation industry, roughly three-fourths of manufacturers and retailers still transport their own goods without integrating or combining logistics with other firms, a wasteful and inefficient process. According to U.S. Department […]
Internet-connected devices will increase 30-fold by 2020, allowing supply chains to assemble and communicate in new ways, significantly changing supply chain managers’ information access and networks’ cyber-risk exposure, research firm Gartner Inc. forecasts. Gartner projects the Internet of Things (IoT) […]
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 […]
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 […]
“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. […]
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 […]