One third of the energy consumed in the United States is by the manufacturing sector. Ninety percent of the manufacturing sector are small- and medium-sized businesses, or SMM, that use about half of the energy consumed in manufacturing. Electrical demand, also known as...
Supply management executives are beating the drum for their organizations to improve their supplier risk management efforts that go beyond lagging financial health scores. These requests are also coming from several areas in the organization such as finance, operations,...
Aside from using outsourced services and software, the easiest way to simplify the procurement process is by sourcing from companies closer to domestic operations. The more remote suppliers are, the more complex logistics becomes.
Many backers of projects on crowdfunding platforms have experienced the anxiety of waiting for the package to arrive as promised. Meanwhile, the creators of those projects spend their own sleepless nights trying to get the projects delivered within the promised shipping...
You closed that big deal you've been working on for the last six months! The bad news? Your company is now locked in to that platform/provider, subject to transaction fees that escalate based on how much your company does business with the new customer.
Companies are on the path to manufacturing production and...
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