Supply Chain

“Digital Transformation” Can Enhance Working Capital Performance, New Hackett Group Survey Reveals

Thursday, November 21, 2019 · Patrick Burnson
The largest companies in the U.S. collected cash from customers faster in 2018 and held less inventory, resulting in the best overall working capital performance since 2012, according to the annual Hackett 1000 cost and cash optimization survey from The Hackett Group, Inc.

The Need for Speed: Why the Sharing Economy Needs a New Approach to Product Development

Tuesday, November 19, 2019 · Steve Myers
When developing a product for the sharing economy, businesses need to know that it is feasible and that it has a market.

Downward Pressure on Global Economy Has Softened

Monday, November 18, 2019 · Patrick Burnson
The ongoing downbeat news on the global economy has left many supply chain managers uneasy of late, particularly those seeking to mitigate modal costs.

“Mounting Political Friction” in U.S.-China Political Relationship May Impact Supply Chains

Monday, November 18, 2019 · Patrick Burnson
A “systemic cultural difference” in trade negotiations may be keeping global supply chain managers on edge next year, maintains one prominent political expert.

Cost Savings Through Effective Inventory Management

Monday, November 18, 2019 · Kevin K. Y. Chu and Juan Martínez
Working with a retail pharmacy chain in an emerging market, we have developed an inventory management model to minimize total inventory-related costs for various forecast horizons.

More on Global Economic Outlook: “Bright Spots” Will Still Exist in 2020

Wednesday, November 13, 2019 · Patrick Burnson
DuckerFrontier analysts believe that the global economy will stabilize in 2020 from the volatility of the previous two years. Their “base-case” forecast calls for an acceleration in global growth to 2.8%, up from 2.7% in 2019, driven by a strong rebound in many emerging…

Outlook: Global Supply Chains Prepare for Uncertain Economy

Monday, November 11, 2019 · Patrick Burnson
Even though industrial production and investment slowed more than expected in 2019, consumer spending has held up global growth. Supply chain analysts expect that to continue in 2020, especially as central banks and governments step in with monetary and fiscal easing to…

Supply Chain Visibility Has a Problem

Monday, November 11, 2019 · Michael Gravier
Supply chain information isn't updated periodically in weekly, monthly, or quarterly forecasts and plans—plans are continuously responding to information and operations adapt when required.

Byte Your Inventory and Beat the System

Wednesday, November 6, 2019 · Lee-Bath Nelson
Thanks to its ability to significantly save on physical inventory and logistics, the use of additive manufacturing within supply chains continues to increase as companies recognize its extensive benefits.

New Generation of Digitized Supply Chains to be Major Highlight of Upcoming BSR Conference

Tuesday, November 5, 2019 · Patrick Burnson
When the 27th annual BSR Conference convenes in San Jose, CA next week, the next generation of supply chain technologies will be a major area of focus.

Championing Supply Chain “Mentoring” is Mission of WIL

Monday, November 4, 2019 · Patrick Burnson
“Leadership,” and what it means to incorporate management skill in everyday life, was the issue addressed by Women in Logistics at a forum in San Francisco last month.

Adding Data Science to Supply Chain’s List of Job Specs

Monday, November 4, 2019 · Ken Cottrill
Digital transformation is changing supply chains on many fronts, including the functional makeup of teams. Unfamiliar job titles such as Data Scientist are now part of the supply chain ecosystem, as the discipline comes to rely more and more on its ability to collect, analyze,…

Global Supply Chain Managers Continue to Leverage Trade Compliance Complexity

Wednesday, October 16, 2019 · Patrick Burnson
Most countries impose legal control on the export of goods from their jurisdictions, while international trade agreements often include additional regulations. Failing to observe new laws and sanctions can have severe consequences for importers, too.

New CTPAT Minimum Security Criteria Increases Resilience, Minimizes Compliance Burdens

Wednesday, October 16, 2019 · Anthony Pelli
Judging by sheer numbers of participants, the program has been a success, with more than 11,000 certified partners “spanning the gamut of the trade community,” according to CBP. But it's begun to show its age nearly two decades after inception.

Flexport Explains Regulatory Compliance in “Digital Forwarding” Arena: Part II

Tuesday, October 15, 2019 · Patrick Burnson
In this exclusive two-part interview, he explains how supply chain managers may better address the complexity of global regulatory compliance
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