The London office of the Economist Intelligence Unit has issued a “CEO Briefing” that indicates a widely hopeful attitude toward the possibilities for growth in 2005, with 88% of the companies surveyed predicting growth of some sort over the next three years. Improved customer service, cost efficiency, and innovation are credited for the positive outlook. In fact, 34% of respondents expect robust growth.
Management consulting firm A.T. Kearney has released its study “2004 Assessment of Excellence in Procurement,” which tabulates results from procurement and supply chain executives in 275 companies across 25 industries. Overall results show that the trend toward a rising level of sourcing from “low-cost” countries has continued for the last ten years, and respondents to the study indicate that this trend will probably continue for several more years into the future.
Sweatshops. Child labor. The 19th-century world of substandard working conditions still is with us, as the global economy frequently depends on products and material produced in less-than-optimal conditions, even in unethically managed conditions. In the last few decades, as more and more manufacturing jobs have
The Council of Supply Chain Management Professionals (formerly the Council of Logistics Management) has sponsored a set of six handbooks for supply chain management standards. The set, whose overall title is Supply Chain Management Process Standards, comprises six handbooks: Plan, Source, Make, Deliver, Return, and Enable.