North America

The New Age of IoT and the Supply Chain

Posted: 02/21/2020 - 04:27
Internet of Things

Ushering in the era of The Internet of Things (IoT) brings with it conceptual and cultural change in supply chain management. Previous processes that were once not possible to automate, now not only function independently, but are capable of sharing data and interacting in such a way as to maximize efficient output.

While the precise impact of IoT is dependent on technology costs outweighing efficiency savings, there are several inherent benefits the supply chain can expect from its introduction.

Scrap Early New Product Excel BOMs to Accelerate Sourcing

Posted: 01/15/2020 - 00:00
Scrap Early New Product Excel BOMs to Accelerate Sourcing

Let’s face it — many of our company’s functions still operate largely in silos as we batch our work together to then throw it over the wall to the next team in the value chain. Much lip service has been dedicated to catchy buzzwords like “agile” and “collaborative new product development.” Unfortunately, these newer ways of working together remain largely untapped.

Continuity is Key to Successful Business Transformation

Posted: 01/09/2020 - 00:00
Continuity is Key to Successful Business Transformation

It’s well known that 70% of change initiatives fail, mostly due to human factors such as employee resistance to change or lack of management support. On the other hand, when people are fully engaged and invested in change, they are 30% more likely to be successful. While the emphasis is mostly on how the envisioned change will result in a better future, recent research highlights an equally important aspect of change—continuity.

“Buying” Open Source: Software, Support and Getting the Best Deal

Posted: 01/06/2020 - 02:48
When it comes to open source software, procurement teams must understand the specific nuances of these types of projects.

“Open source” describes a specific approach to creating, distributing and using software. Anyone can see how the source code for this software is put together, they can often use this software for free and they can potentially alter it to meet their own needs. But, if something is free, why do procurement teams need to get involved, and when can it lead to potential headaches?

Hiring in a new state? Here’s what you need to know.

Posted: 12/21/2018 - 03:07
It’s an exciting time for your business – you’re looking to expand and hire workers in a new state. This might be your first time and you’re beginning to realize that it comes with heaps of administrative items, set-up and legal considerations. There are some important processes to establish to ensure that you can support your workers while also staying compliant with each state’s employment laws.  
 

Changes to Salaried Employees in New York and California

Posted: 12/19/2018 - 02:08
In 2017, the Department of Labor (DOL) scrapped U.S.-wide plans to increase the salary threshold for exempt employees following challenges from multiple states. The DOL has continued to postpone these plans, however, the states of California and New York have elected to raise their own exempt salary threshold for 2019, which means that some of your workers may be eligible for overtime pay. 
 
The changes, which go into effect on December 31, 2018, in New York and on January 1, 2019, in California, are as follows: 
 

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