Supply Chain

How to Reduce Inventory Costs while Maintaining Service Levels

Tuesday, June 23, 2020 · Ni Pan and Jamie Sweeney To retain high-value customers in the competitive consumer goods industry, businesses are incentivized to incur whatever costs necessary to meet demand. This behavior often results in inefficient production schedule changes, costly transportation, and inflated inventory levels…

Even Today, Having a Knowledge Management Strategy is More Important than You Think

Monday, June 22, 2020 · Mostafa Sayyadi It is important for executives to understand how knowledge can be categorized. There are two important taxonomies of knowledge that need to be discussed.

What Will Happen to Hong Kong?

Monday, June 22, 2020 · Rosemary Coates Hong Kongers are fierce protectors of their democracy, their rule of law, and their lifestyle, so China’s intrusion into the city’s operations has met with heavy resistance. With the passage of this new law, Hong Kong will be subject to the same standards and definitions…

ASCM 2020 Salary & Career Survey Show Supply Chain Field as Rewarding

Monday, June 15, 2020 · Patrick Burnson The Association for Supply Chain Management (ASCM) recently released the results of its 2020 Supply Chain Salary and Career Survey Report. The data collected from over 2,400 U.S. supply chain professionals shows that, in addition to offering high salaries and good benefits, a…

Learnings from Leading Supply Chain Organizations

Monday, June 15, 2020 · Mike Griswold As a result of the coronavirus pandemic, supply chain leaders are facing an unprecedented level of business change. For many organizations, this has manifested itself in unpredictable increases and decreases in demand, inaccessibility to raw materials and difficulty…

New Briefing Paper Gives Supply Chain Managers Overview of U.S. Seaport Options

Thursday, June 11, 2020 · Patrick Burnson When Gene Seroka, executive director of the Port of Los Angeles (POLA) hosted a video conference yesterday for the trade press, he admitted that current trade policies would keep volumes down by double digits for the foreseeable future.

Reshoring: COVID-19’s Impact on the Supply Chain

Wednesday, June 10, 2020 · Steve Maul For businesses that decide to migrate their operations, effective inventory management and supply chain tools will be key for success. Innovation across the industry over the last decade has brought new solutions to the forefront that can support businesses in their reshoring…

Coalition of Humanitarian Supply Chain Leaders Provide Aid to The Navajo Nation

Monday, June 8, 2020 · Patrick Burnson The American Medical Women’s Association (AMWA) has joined efforts with The Robonauts, to help the Navajo Nation with the University of Arizona College of Medicine project to send PPE to their healthcare providers who have been hard hit by COVID-19.

IHS Markit Economic Forecast Contains Cautionary News for Supply Chain Managers

Thursday, June 4, 2020 · Patrick Burnson Global supply chain managers should plan for “a grudging” demand recovery, caution IHS Markit economists. In an updated U.S. economic forecast 2020 GDP growth has been revised down to –8.8%.

New Study Finds That Lack of Digitization Hinders Supply Chain Collaboration

Wednesday, June 3, 2020 · Patrick Burnson A new study reveals that a lack of digitization and a focus on costs is hindering supplier collaboration, with 77% of respondents admitting that cost dominates supplier selection for most sourcing projects, and a further 80% acknowledging they need to accelerate their…

Supply Chain Creativity During COVID-19

Wednesday, June 3, 2020 · Dennis Maher & Bob Scheuer When a previously nonexistent health threat spreads across the globe in a matter of weeks, demand for essential medical equipment suddenly outstrips supply.

Google Cloud Designed to Keep Supply Chain Managers in the Loop

Wednesday, June 3, 2020 · Patrick Burnson Google Meet, a premium, secure video meetings solution, can help manufacturers hold daily meetings, training, and onboarding without the need to be on site, while G Suite tools like Google Docs, Sheets, and Slides let teams collaborate on document authoring remotely.

The Sidelines Are the Frontlines

Tuesday, June 2, 2020 · Michael Gravier If the lack of ethical, human-centered engagement with people is a problem with such widespread societal building blocks as police departments, the military, and corporate America, it is a societal problem.

Supply Chain Managers Brace for Uneven Return to Business in Wake of COVID-19 Sanctions

Monday, June 1, 2020 · Patrick Burnson Two new reports issued today suggest that supply chain managers will see an uneven return to economic recovery as pandemic sanctions are lifted.

Mixed Messages From U.S. Firms in China

Wednesday, May 27, 2020 · Patrick Burnson Two recent industry surveys indicate that China's many diverse markets remain resilient as the recent pandemic recedes. Some prominent industry experts, however, remain skeptical.