Home Tag "supply chain management"

Creative Teaching Lesson: Counting Froot Loops™ in Your Online Class

Why would you want your online students to count the number of items of cereal in a small container, a cup, of Froot Loops™? I get asked that question when I suggest that you have your students go to the grocery store and purhase a 1.5 oz container or Froot Loops™. The cost is about $1.25, or if the student has childen you can usually get four for $5.00. This exercise is good for courses in logistics, supply chain management, retail management, hospitality, packaging, marketing, manufacturing and materials management.

Risk Management in Global Sourcing

By Dr. Stacey Little
Assistant Professor, Transportation & Logistics Management at American Public University

Reports indicate an increase in global sourcing each year as companies attempt to capitalize on the business benefits of cost reductions, enhanced quality, improved efficiencies, and a competitive edge. However, organizations that participate in global supply chains can be exposed to increased complexity and uncertainty compared to those that operate domestically. If not managed properly, these risks can undermine the benefits of global sourcing.