Once upon a time, there were three big truck engine makers in the U.S.: Caterpillar, Cummins, and Detroit. A couple of truck makers, like Mack and Volvo, offered their own engines. You ordered a truck ...

Discover when outsourcing beats vertical integration in reducing costs and boosting efficiency. Learn which strategy aligns ...

For decades, vertical integration meant ownership. According to Michael E. Porter's seminal work Competitive Advantage: Creating and Sustaining Superior Performance, companies sought to reduce costs, ...

COVID-19 brought challenges to supply chains that many thought could never happen. Just in time (JIT) supply chain models were crushed when boats stopped sailing, truckers stopped driving, and ...