In my last article I pointed out possible downsides to consolidating control of original equipment manufacturer (OEM) purchasing into a corporate group. The message there wasn’t meant to be that ...

For decades, businesses across industries have faced a particularly thorny problem: the disconnect between demand, procurement and supply chain management. Many companies have trouble delivering goods ...

The traditional analog function generator with its customary triple-threat ensemble of square, triangle, and sine waveform outputs is a familiar tool on electronics lab benches. It’s also a classical ...

Historically, in its most simple definition, the “supply chain” division of retail was the one in charge of getting stuff in, maybe storing it for a while — maybe not (cross-docking) — and then ...

ASCM’s Top 10 Supply Chain Trends reveal a year of intelligent transformation ASCM’s Top 10 Supply Chain Trends in 2026 report offers a detailed look at the technologies, capabilities, and global ...

Your purchasing and supply department keeps your other departments supplied with everything from paper clips to manufacturing materials. Purchasing staff build relationships and coordinate schedules ...

In essence, a TMS is leveraged to move products from point A to point B as efficiently and cost-effectively as possible. To succeed in this, an effective transportation management system will provide ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

This article extends the current literature on estimating the labor supply function in agriculture by providing a different method to derive the shadow wage and shadow income. The method is based on ...

Estimate demand function to understand initial product pricing vs. quantity. Use derivative for the revenue equation to find marginal revenue changes. Marginal revenue derivative is a tool to guide ...

What are the “basics” for supply chain managers today? Ten years ago, the supply chain leader in most companies held a title such as vice president of logistics. It was a largely functional role that ...