When electric-car manufacturer Tesla announced it was releasing a lower-cost Model 3 in March, excited consumers lined up in droves for the chance to make reservations for these iconic autos. The Model 3 will retail around US$35,000 before tax credits, and is not expected to be released until 2017 at the earliest. Tesla has received about 325,000 orders for the Model 3, but now comes the tough … [Read more...]
In recent years, China has ranked as the world’s most competitive manufacturing nation. But by 2020, it will likely fall to No. 2, relinquishing the No. 1 spot to the United States, according to the 2016 Global Manufacturing Competitiveness Index report by Deloitte Touche Tohmatsu Limited (Deloitte Global) and the Council on Competitiveness. Michelle Drew Rodriguez, manufacturing leader, Center … [Read more...]
By Timothy P. O’Toole and John C. Eustice Supply management companies around the globe are looking to cloud computing as a way to store data. But because servers are located worldwide and because of the sensitive or confidential nature of some of the information stored in those servers, governments, including the United States, are becoming increasingly concerned about export controls … [Read more...]
For businesses and supply management professionals, doing more with less has been a running theme for years — and one that’s probably here to stay. As a result, it’s no surprise that reducing costs while increasing productivity are high priorities among procurement leaders, according to a recent research report by The Hackett Group. However, with staffing and budgets typically remaining flat, … [Read more...]
"Travel is often undervalued and misunderstood in companies despite the significant impact on people and their productivity,” says Frederic Khalil, former chief procurement officer for Guardian Life, in his opening remarks Thursday at ISM’s inaugural T&E Conference in Miami. “However, the role of travel is becoming more important as we’re tasked with balancing people’s satisfaction and … [Read more...]
Achieving a high level of compliance is where a comprehensive, straightforward travel policy can make a difference, panelists said during the discussion T&E Policy: Implementation and Compliance on Thursday at ISM’s inaugural T&E Conference in Miami. Carol McDowell, manager of corporate travel services for the Financial Industry Regulatory Authority, says a travel policy should be written … [Read more...]
