Supply Chain

Creating value in the global steel industry

UK Steel Mill Factory Foundry - image courtesy of Pixabay.
Recent forecasts (Hatch Consulting Group) estimate that global demand for steel could grow by a third – nearly 500m tons – by 2030, mainly driven by construction, infrastructure, automotive, energy and capital goods. So why do we hear so much negative news about this vital industry, and how can it return to profitability?

Bribery: no + $ = yes

Bribery Stock Image
Posted on 21 Mar 2017 by Nick Peters
It is a formula as old as business itself – the bribe, the backhander that greases the wheels of commerce. Rolls-Royce has recently learned to its great cost, however, that nowadays it is also a ticket to massive fines and reputational damage.

Collaboration: when David meets Goliath

UK Patents Creativity Design Thinking Innovation Industrial Strategy - image courtesy of Pixabay.
When big meets small, slow meets fast and old meets young there are bound to be culture clashes. Nevertheless, ‘David and Goliath’ collaborations can and do bring many benefits to both parties. Dr Frank Tietze from the University of Cambridge’s Institute for Manufacturing explores strategies that enable established companies and start-ups avoid the pitfalls and reap the rewards of cooperation.