From adopting new tools and mindsets for analyzing, mapping, managing, and monitoring risk, supply chains will have the chance to continue moving forward while being better prepared for the next major disruption.
When a recession hits, customers can reduce your revenues and stop your outbound flow of products faster than you can trim expenses and stop your inbound flow of raw materials. Working capital will be stressed as your materials pipeline backs up and profits will take a hit as…
The USC Marshall Center for Global Supply Chain Management stages “Covid-19: What's Next?” live webinar on Wednesday, April 8, with the intention of bringing a new perspective to the crisis.
As people hunker down in their homes to isolate themselves from the COVID-19 pandemic, an army of dedicated professionals keeps the country's food supply chains humming under trying conditions.
The March NMI came in at 52.5 in March, down 4.8% from February's 57.3 reading (a reading of 50 or higher indicates growth is occurring), which marks the highest reading over the last year. The NMI headed up for the 122nd consecutive month, and the March NMI is 2.5% below…
It might be strange to discuss this topic in the Era of Industry 4.0, which predicts that the more automated work better is the impact on supply chains' performance. However, the question which raise is, could we extract the maximum benefits from both machines and humans…
Supplier Management has never been a more relevant topic for business - while it's impossible to predict the future, we can get better and faster at adapting to it
In the April issue of the National Retail Federation's Monthly Economic Review, NRF Chief Economist Jack Kleinhenz says the coronavirus pandemic “has triggered shocks” – but that the underlying economy is sound.
The report's key metric—the PMI—at 49.1 (a reading of 50 or higher indicates growth)—fell 1% from February's 50.1, halting a two-month run of PMI growth. The March reading was off 0.9% from the 12-month average of 50.0, while the over all economy grew in March…
IHS Markit launched its COVID–19 Country Vulnerability Index this week, ranking countries' capacity to deal with the virus outbreak today as well as those expected to be exposed in the coming weeks and months.
Monday, March 30, 2020 · Charbel Jose Chiappetta Jabbour and Ana Beatriz Lopes de Sousa Jabbour
Sustainable supply chains are supply chains of excellence, capable of delivering business goals, while also balancing the wellbeing of society and the quality of the environment.
Incomplete information is a common part of running a business. CEOs make decisions with the information available. Planners work with data they receive from their forecast. Customer fulfillment leaders must evaluate how to deliver consistent service excellence as they adapt to…
Friday, March 20, 2020 · Shilpa Shenoy and Ai Zhao
Large multinational CPG companies have thousands of products, each with their own production plan. The demand for these products is highly volatile and subject to unpredictable spikes due to promotions set by the retailers.
With the new coronavirus impacting global supply chains, supply chain leaders should focus on three impact areas for their initial crisis management, according to Gartner, Inc.
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