Fourth generation companies

Anthony Forestry Products is a fourth generation, family-owned lumber and wood products company. Its laminated wood products plant in El Dorado, Arkansas, employs a staff of 80. The company initiated efforts to improve its safety practices and, in 2001, began working with OSHA s On-Site Consultation Program on a voluntary basis to put in place a working safety and health management system. By 2002, the site was accepted into the SHARP. As a result of this work, the company s workers compensation loss rate (in losses per 1,000 of payroll) decreased from 18.20 in 1998 to 0.30 in 2007. 

Today s new graduates are entering the world of supply chain without a manufacturing background and companies have outsourced manufacturing processes as a result, manufacturing is the least understood of the supply processes by the third- and fourth-generation pioneers. 

Supply chain talent, as shown in Figure 6.9, ranks fourth as a gap in priority for supply chain executives today, ft follows dirty data, product proliferation, and commodity price escalation. As the first generation of supply chain pioneers continue to retire through 2012, it will become a more pressing issue. To solve it, a new industry will evolve to support the development of company-specific training. To help companies understand the complexity of supply chain systems, new forms of experiential training programs will evolve. 

Industry and Business Sectors. According to the Business Communications Company, U.S. industries focusing on food preservation generated more than 250 billion in 2008. Worldwide, food preservation contributed to almost three-fourths of the food... 

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