Uber Freight Officially Launches (What it Means for Truckers). Uber Freight will most likely be a game changer for the trucking industry. Â Could Uber freight be to the trucking industry […]
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Outsourcing Advantages and Disadvantages. Outsourcing is the practice of hiring a third party to perform a business function or service instead of performing it in-house. Outsourcing can be an effective
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Bullwhip Effect and Beer Game. The bullwhip effect is a phenomenon that occurs in supply chains when small changes in demand at the retail level lead to larger and more
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LOCATION ANALYSIS – Distribution Center or Manufacturing Site. There are several factors to consider when selecting the best location for a distribution center. Some key considerations include: Proximity to customers:
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QUALITY. Quality is important to the supply chain because it directly affects the quality of the products or services that are delivered to customers. Poor quality can lead to customer
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COST MANAGEMENT. Cost Management – analyzing the costs of purchased goods in order to develop strategies to lower costs while improving supplier relationships. The following table is from a paper
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Strategic Cost Management. Strategic cost management is the process of aligning an organization’s cost management activities with its overall business strategy. It involves identifying the costs that are necessary to
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Amazon vs. Walmart. Amazon vs. Walmart is a battle between 800lbs gorillas. This is an older video but still gives a good perspective of these two titans. Amazon and Walmart
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Amazon Prime Air – Amazon made its first drone delivery. There are so many opportunities arising to further improve residential delivery. Â Amazon Prime Air is one of many companies that
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Mark Zuckerberg – The Lifestyles Of Young Billionaire Entrepreneurs. Interesting video showing the lifestyles of young billionaire entrepreneurs. Mark Zuckerberg has done an amazing job with Facebook. There are many
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