While many supply chain stakeholders are currently concerned with containing the spread of an epidemic emanating from China, other major industry players are keeping their eyes fixed on addressing another scourge yet to be wiped out: Slavery
Friday, March 6, 2020 · Gary Forger, special projects editor, SCMR
Hear GE Appliances explain how they brought in leading NextGen Technologies to hit the reset button on their appliance distribution business at the NextGen Conference.
A lot has been written about the novel corona-virus impacts on supply chains. Yet of course much of what companies will do will play out over the next decade because supply chains are rooted in physical facilities and capital investments.
During this next decade, we can expect to see an acceleration in three design trends that are already rapidly underway. In addition to driving innovation and how we approach design – they will also impact how we operate our businesses.
While many Chinese provinces have ended their official shutdowns, and others are expected to do so by the end of the month, Freightos reports that resumption of work has remained slow.
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.
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.
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