About Author

Rich Weissman

Rich Weissman, an experienced supply chain management practitioner and educator, collaborates with trade associations and professional development organizations to create articles, insights, business briefs, presentations, blogs, and custom content, with a focus on managing the global supply chain. Rich teaches a full range of business courses, at the graduate and undergraduate levels, for several Boston area universities. He also develops and delivers innovative workforce development programs for small and midsize businesses, concentrating on strategy, leadership, management, operations management, process improvement, and customer service. He earned an MS in Management from Lesley University and a BA in Economics from Rutgers University.

Recent Articles

Overview of the National Advanced Packaging Manufacturing Program The CHIPS and Science Act allocates $50 billion to the Department of Commerce, prioritizing the National Advanced Packaging Manufacturing Program (NAPMP) within CHIPS R&D. This initiative aims to bolster U.S. dominance in advanced packaging, fostering domestic manufacturing and skilled labor essential for semiconductor packaging. NAPMP is integral to CHIPS for America's mission, accelerating the deployment of crucial semiconductor technologies by Read Article

Why We Really Need Inventory Management: Strategies and Tips Effective inventory management is crucial for businesses dealing with physical products. Strategies include analyzing demand, setting reorder points, utilizing just-in-time inventory, implementing automation, forecasting, establishing strong supplier relationships, and monitoring inventory levels. Additional steps such as creating early warning bills, identifying long lead times, and communicating with procurement and planning can also help manage inventory effectively. This can lead to improved operational, financial, and customer service goals. Read Article