The financial stability of your partners, including primary and secondary suppliers, is one of the most common sources of risk in the supply chain.Read More »
A new economy is here — the sharing economy — and it will change the supply chain forever.
The entire supply chain has had to undergo a massive shift to keep up with the shared economy, and unless the transportation industry adapts to the new way of exchanging goods and services, it will find itself stagnating.
What Is the Sharing Economy?
You...Read More »
If you are a manufacturer or industrial supplier that serves the Wisconsin area, wouldn't it be great to know what buyers in your region are looking for? Thomas recently examined buyer behavior data generated on Thomasnet.com to uncover supply chain trends in the state.Read More »
While little can be done to combat some of these operating cost increases, other factors represent a stronger market influence at play.Read More »
What are the most in-demand industrial products and services in Florida? What are buyers based in the state looking for when searching for new suppliers? And how do local supply chain trends stack up against buying behavior nationwide?Read More »
Overall, revenue is forecast to increase by 6.6 percent among manufacturers during 2018.Read More »
When companies begin to assess their MRO spend, they often refer to it as a “greenfield” with significant potential for identifying savings opportunities. While this is generally the case, there’s usually a reason they’ve waited so long to take a look.
Companies have a lot of preconceived notions about MRO. They often see it as too complicated, too labor intensive, too...Read More »
With minority- and women-owned businesses becoming a more visible segment of the American economy, supplier diversity programs should eclipse the ideation of preferential treatment of women and minorities, challenge the assumption of simply meeting a quota system, and reframe these preconceived thoughts as an opportunity to use fresh and underutilized suppliers.Read More »
Now in its fourth year, the 30 Under 30" program, a partnership between Thomas and ISM, recognizes 30 outstanding young professionals in supply chain management.Read More »