For all the differences between procurement, with its pragmatic, quantitative and best-price-for-best-supply mindset, and human resources, with its qualitative approach to the organization’s people and relationships, a lot more thought should be given to where they come together.In fact, the f

Art has always been an indispensable part of human existence. Its historical and cultural significance can’t be overestimated. Even today, the impact of the global art market on other domains of life is so intense that its effect is palpable almost everywhere. Take art galleries: there are ove

Temperature-controlled supply chains — or "cold chains" — have for decades facilitated the fragile process of shipping perishable foods and medical supplies across long distances without temperature excursion. As defined by the World Health Organization, a temperature

The disruptive impacts of COVID-19 on supply-chain security have been analyzed extensively, and last month’s Suez Canal crisis has provided yet another opportunity for analyzing and mitigating risk. The real lessons of both these events are less about defying disruption and more about dri

Nearly a month after the closure of the Suez Canal, waves of ships caught in the crosshairs are inundating ports around the world. It’s hardly the first major issue that supply chains have faced in the past year, but the crisis seemed to mark a new truth: disruptions aren’t going away.&n

The first rule when it comes to any capital-intensive investment is to eliminate all possible alternatives that can be done with less friction. In the case of expanding your company’s warehouse, you should triage every available option before making a major commitment. We should know; in

COVID-19 has disrupted every industry at every scale — supply chain included. The pandemic all but eradicated traditional in-person relationships, and with many on-location team members now working remotely, keeping everyone synced is an even more daunting task. The entire face of team co

The debate over what constitutes a “gig worker” rages on, but that hasn’t stopped the gig economy from exploding.According to a new study of gig economy trends by daVinci Payments, Inc., some 93 million workers participated in that sector in 2020, an increase of a third over 2019.

Sustainability is a relatively novel concept in Russia, and although significant work is underway and environmental, social, and governance (ESG) initiatives have rapidly progressed. Reducing the amount of packaging sent to landfills and promoting recycling are established challenges faced by the re

In February, President Joe Biden signed Executive Order 14017, calling for a comprehensive review of critical U.S. supply chains. The action was in response to shortages of medical supplies such as personal protective equipment (PPE) for front-line healthcare workers during the height of the COVID-1

Sixty percent of global consumers cite sustainability and social responsibility as essential considerations when choosing which products to buy. They look to their preferred food brands to make the best decisions, but are those companies looking out for their consumers’ best interest? The answ

We’re finally starting to see the light at the end of the COVID-19 tunnel, as health officials, clinics and pharmacies work to get people vaccinated as quickly as possible. With individual and public health at new risk from potentially more contagious virus variants, the quality of every dose

Parts of the last 12 months have felt like a science fiction film. On one hand, a global pandemic is causing record-setting despair: travel is restricted, the economy is in shock, and people everywhere are either at home or managing a cautious return to activity.On the other hand, a kind of technolo

Modernization has become more than just a buzzword in manufacturing; it’s a survival tool for established original equipment manufacturers (OEMs) in the era of born-in-the-cloud competition. Innovative technology — including the industrial internet of things, artificial intelligence and

Supply-chain and logistics challenges fueled by the COVID-19 pandemic have demonstrated how transportation partners with integrated, flexible offerings can keep the supply chain flowing.COVID-19 not only disrupted supply chains but reshaped them. The pandemic forced shutdowns of some markets and acc

Earlier this year, President Joe Biden signed a new "Buy American" executive order to support manufacturers, businesses and workers by ensuring federal government taxpayer dollars are spent on American-made goods with American-made component parts. As a result, manufacturers and supply-cha

The global food supply chain is in trouble. The coronavirus pandemic is only the latest crisis to highlight the inefficiencies and spotty reliability of the traditional model for getting food from farm to consumer. Repeated instances of contamination reveal inadequacies in quality control and the tr

If you’re involved in supply-chain management, chances are you’re revisiting some of your own continuity plans to shore up possible vulnerabilities. As you do, one area to look at is your crisis communications process.A good operational plan doesn’t speak for itself. Organizations

Logistical chaos is not a new phenomenon in the supply-chain world, but the scale of upheaval caused by COVID-19 is something that stakeholders have never seen before: 94% of Fortune 1000 companies experienced disruptions from the pandemic, according to Accenture.Fortunately, businesses today have a

In the past year, pandemic has fueled supply-chain disruptions, workforce shortages and a decrease in consumers’ ability to purchase necessities. According to Deloitte’s 2021 Manufacturing Industry Outlook, the industry faced unprecedented declines. The situation has spawned another push