Popularized by retail pioneers Harry Gordon Selfridge, John Wanamaker and Marshall Field, the slogan “the customer is always right” replaced caveat emptor…
Operations
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NewsSupply Chain
Supply Chain, Drug Pricing System Reform Could Lower Health Care Costs: PRI
by Ruth Seeleyby Ruth SeeleyIn 2016, the Centers for Medicare and Medicaid Services predicted that spending for retail prescription drugs ($329 billion that year) would consistently…
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Market OutlookNewsSupply Chain
SpendEdge Identifies U.S. Electronics Supply Chain’s Biggest Challenges
by Ruth Seeleyby Ruth SeeleyAs a new decade begins amid trade and political uncertainty, London, U.K.-based SpendEdge has identified what it views as the biggest challenges…
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Market OutlookNewsSupply Chain
Low-carbon Revolution Requires Sustainable Supply of Rare Minerals, Metals
by Ruth Seeleyby Ruth SeeleyIf we have learned anything from past mistakes, it is that the heedless extraction of minerals and metals amounts to short-term gain…
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Market OutlookNewsSupply Chain
Stable December CAB Predicts Slow Gains to Q3 2020
by Ruth Seeleyby Ruth SeeleyAs a leading economic indicator created by the American Chemistry Council (ACC) for the manufacturing sector, the Chemical Activity Barometer (CAB) comprises…
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EducationSupply Chain
6 Types of Manufacturing Processes and Where We’re Headed with Them
by Ruth Seeleyby Ruth SeeleyAs supply chains become increasingly complex, with components sourced globally regardless of where manufacturing takes place, the manufacturing processes used to create…
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LogisticsOperationsTechnology
Cargo Drones Could Revolutionize Heavy Goods Transportation
by Ruth Seeleyby Ruth SeeleyTo the disappointment of many, flying cars are still not a reality. The economics of aviation fuel efficiency, where optimal efficiency is…
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BusinessMarket OutlookSupply Chain
Supply Chain Finance Trends Indicate Rapid Growth
by Ruth Seeleyby Ruth SeeleyClearer regulatory guidance, customer demand for sustainability and global economic uncertainty are the trends that will lead to both strengthening the supply…
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Moving beyond the space station concept, where astronauts have spent up to a year living in space, the next phase for NASA…
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Market OutlookNewsSupply Chain
Supply Chains Becoming Connected Communities
by Ruth Seeleyby Ruth SeeleyAs e-commerce continues to grow, trade patterns shift, and infrastructure imposes constraints on shipping, a recent study from Deloitte projects there will…
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BusinessNewsProcurement
Blockchain and Two-factor Authentication to Help Honeywell Aerospace Ensure Parts Authenticity
by Ruth Seeleyby Ruth SeeleyWhile counterfeit aerospace parts are a small portion of the counterfeit goods manufactured and sold globally, potential safety risks make it imperative…