Manufacturing in China often conjures the images of factories, assembly lines, and workrooms running on cheap, inexpensive, and in some cases, slave labor.
SKU optimization is another way of saying “SKU rationalization,” or the retirement of products from portfolios, a phrase that often doesn’t sit well with commercial teams.
As enterprises move from operating profit-centric to purpose-driven, chief supply chain officers (CSCOs) must focus on five actions to create a purpose-driven supply chain, according to Gartner, Inc.
What is needed is a systemic approach that reviews policy and governance, business management and global trade with fresh eyes to evaluate what should be kept and what can be built upon further or even changed completely.
Commerce reported that July retail sales—at $617.7 billion—were off 1.1% compared to June’s revised $624.7 billion and topped July 2020 by 15.8%. And it added that total retail sales from May through July saw a 20.6% annual increase.
Monday, August 16, 2021 · Geoffrey Garrett and Nick Vyas
We need robust physical infrastructure as well as advanced technological infrastructure to ‘build back better’ and create a culture of supply chain resilience. The Bipartisan Infrastructure Bill with 69-30 senate vote is a great step that comes at the right time.
The Consumer Brands Association recently released an operational standard for contactless freight pickup and delivery designed to empower companies to shift from an archaic paper-based delivery process to a digitized supply chain.
Recent vessel-tracking data from project44 reveals substantial year-over-year increases in vessel and shipment delay times across most major trade lanes connecting China to the rest of the global economy.
The bipartisan infrastructure package on the Senate floor represents a long-term commitment to infrastructure funding that will spur private investment and innovation, create jobs, and allow U.S. companies to remain competitive on a global stage, says RILA.
Human nature leads supply chain practitioners and pundits to focus on the most recent disaster experience, a tendency called recency bias. Today, a major area of focus is how to prepare for the next pandemic in light of the Covid-related product shortages that are disrupting…
Matson’s move is seen as reaffirmation of increasing demand for a Northern California trade gateway. It’s expected to grow containerized cargo business in Oakland which is already on a record pace in 2021.
The reading for the report’s key indicator—the Services PMI (formerly the Non-Manufacturing PMI)—set a new record, for the second time in the last three months in July, coming in at 64.1, a 4.0% gain over June’s 60.1, and growing, at a faster rate, for the 14th…
On this episode, Steven A. Melnyk discusses why delivering a customer experience is key to supply chain success going forward. SCMR’s Editorial Director Bob Trebilcock hosts.
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