The ramifications of a pandemic event are hard to predict. However, by taking necessary steps to assess risk and prepare for the potential fallout from an event, supply chain leaders can mitigate its impact.
The first generation of warehouse execution systems (WES) brought a new level of orchestration to automated warehouses. The next generation promises to bring a new level of optimization and productivity to the conventional warehouse. Get ready for WES 2.0.
Global ports will see reduced trade volumes as a result of the coronavirus, COVID-19, which would become more severe should Chinese production take time to recover to pre-epidemic levels, says Fitch Ratings.
The pace of technology has outpaced the labor market's ability to train, re-train and re-educate workers. Traditional educational paths are slow to educate, unresponsive to society's needs, and leave too many students with intimidating amounts of debt.
Some companies are trying to source parts to stock up on inventory, to try to outlast this critical virus period. This in turn, will eventually cause shortages of all kinds as companies pay premium prices and hoard parts.
Newly released findings from McKinsey & Company and the World Economic Forum show that American manufacturing companies are lagging behind Fourth Industrial Revolution innovations and could lose out on up to $3.7 trillion in value by 2025.
How can new chief supply chain officers navigate their new role and deliver? Successful CSCOs follow four steps to build standing in their organizations.
To help ensure organizations maintain continuity and resilience amid the coronavirus tumult, BSI supply chain experts are advising businesses take an immediate response to protect their workers and commercial interests.
Resilience360 recently released a special report outlining the impacts of the coronavirus on the global supply chain, and provided SCMR with an exclusive interview on further implications.
BDO recently released their 2020 Manufacturing CFO Outlook Survey, which includes some supply chain-specific findings that may be of interest to SCMR readers, especially around the impact of trade and tariffs. 21% of middle market manufacturing CFOs report experiencing an…
While the Wuhan virus and US-China trade tensions are the elephant in the room, there are also a number of other global changes such as Brexit and potentially the Regional Comprehensive Economic Partnership (RCEP), which would transform sourcing and trade relations.
We know breakdowns and pitfalls are more likely to be caused by inadequate planning, poorly defined goals, and a lack of transparent communication than by functional or mechanical issues.
While we are still in the early stages of 5G network rollouts, adoption is increasing every day. In fact, new data forecasts that the number of global 5G subscriptions will hit 1.5 billion in the next five years.
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