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According to research firm LNS Research, fewer than 1 in 5 companies have a robust supplier quality management process. Even more revealing, those that do enjoy a 16 percent lower cost of poor [...]

Imagine if your plant is starting work on a big order. You’ve just been advised that a supplier has placed a key material on backorder. To fulfill the contract with your customer, you’ll need to [...]

2020 represented the sharpest economic slowdown in modern history. Nonetheless, with manufacturing orders reaching a three-year high in February 2021, according to the Institute of Supply [...]