Disruption is the new norm within the supply chain, but with C-suite backing, and the right decisions, supply chain managers can better prepare their organizations for the inevitable.
Tuesday, January 9, 2024 · J. Ricky Fergurson, Tom Morgan, and Richard Tarpey
The ability to communicate and diffuse knowledge is critical to supply chain success, yet the utilization of salespeople as a communication conduit within the supply chain is surprisingly undervalued, exposing a critical opportunity.
Adopting a hierarchical supply chain performance measurement framework allows a firm to organize its performance metrics and align them with its supply chain management structure.
Monday, January 8, 2024 · Jason Miller and Yemisi Bolumole
The bullwhip effect is used by many economists to explain current inventory market dynamics, but it is another term – inventory accelerator – that more accurately reflects what is happening.
The Services PMI, at 50.6 (a reading of 50 or higher signals growth), fell 2.1% compare to November’s 52.7 reading, growing, at a slower rate, for the 12th consecutive month. ISM observed that the services sector and the overall economy have each been growing, at a slower…
Disruption has significantly altered the landscape for procurement leaders, challenging their ability to maintain stable supply chains and make strategic decisions. There are some options, though, to help mitigate the challenges.
The report’s benchmark metric, the PMI, came in at 47.4 (a reading of 50 or higher indicates growth), up 0.7% over November’s 46.7, contracting, at a slower rate, for the 14th consecutive month. The past 14 months of contraction were preceded by a stretch of 28 consecutive…
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