An author and Harvard Business School professor explains why companies should have a larger role in society than providing shareholder value in this podcast episode with transcript.
Supply chain disruptions and economic uncertainty slowed European manufacturing last month. The invasion of Ukraine and lockdowns in China are some of the reasons that bottlenecks were exacerbated.
Organisations are turning to new incentive programmes to help retain employees.
Reshoring may cause more harm than good, according to recent research.
A new approach to costing relies on an integrated approach to looking at costs, resources, activities, and cost objects — leading to insight for strategy and operations.
Longer freight delivery times and rise in transport costs are likely as Chinese factories look to use other ports as alternatives to Shanghai.
Costing systems have evolved very little over recent decades, with activity-based costing in the late-1980s probably being the last major development.
Prices have soared for metals such as nickel and palladium that are key elements in vehicle manufacturing.
Companies renegotiate terms, diversify sourcing, and focus on adding value and expanding markets to stave off rising input prices.
Subsiding Omicron wave helped factory activity rebound last month in most major economies, but the Ukraine conflict is pushing oil, commodity, food, and shipping prices even higher.