Monday, March 3, 2025 · Jeff Berman
The report’s benchmark reading, the PMI, came in at 50.3 (a reading of 50 or higher indicates growth), down 0.6% compared to January’s 50.9 reading. The February PMI grew, at a slower rate, for the second consecutive month in February.
Thursday, February 27, 2025 · Al Mendoza and Lynlee Brown
The Trump administration’s frequent tariff announcements have left executives oscillating between complacency and panic, forcing companies to rethink supply chain strategies amid unpredictable trade disruptions and potential retaliatory actions.
Wednesday, February 26, 2025 · Massachusetts Institute of Technology
In the fast-paced world of energy-exploration technology, companies are constantly on the lookout for innovative strategies to help them stay ahead of market dynamics. For one global energy company, the key to unlocking efficiency was transforming how it predicts the demand…
Friday, February 21, 2025 · Brian Straight
What is the future of procurement? That is the question that McKinsey & Company sought to answer in a new benchmarking report focused on procurement.
Thursday, February 20, 2025 · Norman Katz
The objective of any supply chain is to achieve the Perfect Order. Doing that, though, has remained elusive. Most companies are proficient at various points in the process, but few have achieved success at each level. The Perfect Order series lays out the path to that success.
Thursday, February 20, 2025 · Norman Katz
Electronic data interchange, or EDI, is a core technology used to enable supply chain success. The technology has been so effective that it remains in place today, even though it dates back to the 1960s.
Thursday, February 20, 2025 · Norman Katz
Barcode labeling projects require that the label size, label material, adhesive, label surface, and print methodology be thoughtfully considered before any money is spent.
Thursday, February 20, 2025 · Norman Katz
The Perfect Order requires the perfect customer, but who is that? Businesses must identify who the end customer is and what they want to meet expectations.
Thursday, February 20, 2025 · Norman Katz
It’s not enough to get the product itself right, we have to get the quantity right too. Like getting the product right, getting the quantity right starts before we even have a product.
Thursday, February 20, 2025 · Norman Katz
Companies that make and sell a product are responsible for creating an internal identifier for each unique item. Many struggle to do that in a way that helps achieve the goal of Perfect Order.
Thursday, February 20, 2025 · Norman Katz
Ensuring that the quantity is right means that there is quantity available in stock to always pick from. Overstocking means over-producing and expending too much cash. Under-producing can leave consumers wanting more.
Thursday, February 20, 2025 · Norman Katz
Outsourcing a process does not mean you have outsourced responsibility. Businesses own their supply chains, so selecting the right source for materials is critical to customer success.
Thursday, February 20, 2025 · Norman Katz
Whether you are receiving goods or shipping goods, getting the destination correct is a basic tenet for any business and its ultimate success.
Thursday, February 20, 2025 · Norman Katz
Getting the destination right is absolutely a matter of getting the ship-to address correct. Whether conveying goods for use or for sale, ensuring that the destination address is accurate, and clearly marked on the shipping container is something that the shipper needs to make…
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