The term "value chain" encompasses the entire production process of an industry, from the introduction and refining of raw materials to the yield of the final product for the consumer. Each "link" in ...

The practice of supply chain management is relatively new. The term was coined in 1982. In the last fifteen years, academic programs evolved. Most supply chain programs report through a Business ...

A sea change in global commerce is underway. Power struggles, climate change and the imperative to protect supply chain continuity in an increasingly tumultuous world all require a refactoring of ...

Written by Nicholas Little, Director Railway Education, Center for Railway Research and Education, Michigan State University Eli Broad College of Business (ret.) Railways, passenger and freight, need ...