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The freight management contract signed late last year between the U.S. Department of Defense and Menlo Worldwide Government Services is a big deal in more ways than one.
A decade ago, third-party service providers were happy to do business with anyone who walked through the door. But these days, they're downright choosy about who they'll work with.
Sure, business professor John Langley could teach the principles of supply chain management using hypothetical textbook cases. But he thinks his students are better served by tackling real-life problems.
Unfazed by its worst recession in 40 years and emerging threats from Malaysia and China, Singapore has launched a full-bore drive to become the distribution hub for all of Asia.