Sustainability Clauses: CSR in Contracts Yields Mixed But Promising Results

Adding corporate social responsibility (CSR) language into supplier contracts is becoming increasingly common for high-tech and electronics OEMs. It remains to be seen, though, if these sustainability clauses actually shift supplier behavior. A recent study from EcoVadis, which rates global supply chains for business sustainability, found that CSR clauses have the potential to improve supply…

GDPR Preparation & Compliance Limited

On May 25, the General Data Protection Regulation (GDPR) will go into effect in the European Union (EU), although the ripples will be felt worldwide. The regulations hope to enhance data protection of citizen’s personal data. Unfortunately, most organizations aren’t ready for the new rules, a new survey from analytics solution provider SAS found. “The…

Top Manufacturing Companies: Revenue per Employee

Revenue per employee, calculated by dividing a company’s revenue by their current number of employees, is one of the most effective ways of determining the success of a company. Ultimately, companies are looking to have the highest revenue per employee as possible, as this illustrates high efficiency levels and productivity rates.  So which company is…

IoT & the Future of the Supply Chain

The Internet of Things has become commonplace to even the least tech savvy neophyte wandering in the modern world. In fact, research firm Gartner put the figure of connected things in use at 8.4 billion in 2017, up 31% from the year before. That will reach 20.4 billion devices by 2020, Gartner predicted. Consumer applications…

Amazon & Uber Digitize Logistics

The logistics of tomorrow is most certainly digital and data-based but traditional processes are still most common today.  This makes the industry cumbersome and slow. Truck transportation, for example, is a highly fragmented and decentralized sector. There are over 1.2 million trucking companies in the U.S. and every third truck on the road is driving…

Mapping the Manufacturing Capitals of the World

When it comes to manufacturing industries around the world, not every country is on the rise. With countries proactively attempting to take the lead, others are naturally slipping off the radar.   Research into the Manufacturing Capitals of the World by RS Components has revealed that multiple countries, such as Switzerland, are predicted to drop in…