Articles

Risk Management

Make a New Plan, Stan

Make a New Plan, Stan

More than half of surveyed industry professionals say their supply chain planning process is only “somewhat effective,” regardless of the technology used, finds new research by AIMMS. A combined 28% state that their planning process is “very effective” or “extremely effective,” while 15% say their process is “not so effective,” and 2% say it is […]

Read More

Sorting Out Retail Priorities

Retailers and logistics service providers shift their risk management and digitization priorities in response to pandemic-related challenges, says a report from Blue Yonder and Reuters Events Supply Chain. Highlights from the report reveal: Reconsidering Risk Management Retailers/manufacturers are hesitant to pursue nearshoring and onshoring plans, with only 29% making an investment. 63% of retailers/manufacturers favor […]

Read More
Julio Casal

What’s Lurking in Your Supply Chain?

You may think your company is well protected when it comes to cybersecurity, but an often overlooked source of vulnerability is your supply chain. If you can’t honestly say you are fully apprised of the security postures of your vendors, partners, and contractors, then you are already at major risk of a cyberattack.

Read More
Digital Health Tools Can Keep Workers Safe and Preserve Privacy

Digital Health Tools Can Keep Workers Safe and Preserve Privacy

Digital tools that confirm a person’s health status can create safe work environments while also protecting personal privacy as businesses and supply chains recover from the COVID-19 disruption, according to MIT professor Alex “Sandy” Pentland, who is working on this issue with the United Nations and Club de Madrid, a consortium of former democratic presidents […]

Read More

The Value of Global Trade Insights in Navigating COVID-19 Supply Chain Disruptions

The coronavirus pandemic has exposed the fragility of the modern supply chain, as companies struggle to acquire the products and raw materials needed to keep revenue flowing. With many businesses relying heavily on a limited number of trading partners, many located in hard-hit areas like China, the scale of the supply chain disruption has been […]

Read More
China’s Road to Restoration

China’s Road to Restoration

After reporting no new cases of COVID-19 in March 2020, people are going back to work in China—but companies still face a slow return to production. Not only do China’s original equipment manufacturers (OEMs) face many challenges in resuming their production capacity, but global manufacturers also feel the impact of shortages in their supply chains. […]

Read More
Paul A. Myerson

The Road Map Out of This Mess

For years, I have been a proponent of operating a lean and agile supply chain, but some now say the COVID-19 pandemic has revealed the shortcomings of a supply chain that is perhaps too lean. To be “lean,” however, doesn’t mean maintaining extremely low inventory levels with no coordination or backup plan. It also appears […]

Read More
Mark McArthur

Bringing End-2-End Efficiency to Your Logistics Operations

With economic consequences from COVID-19 and other resulting challenges, companies are looking for ways to manage more efficiently with less—while reallocating resources to more productive activities and maximizing freight spend value. Logistics operations are a great place to start, as even the smallest percentage savings could mean triple-digit impact to bottom lines. These operations are […]

Read More

How Shippers Are Handling COVID-19

Shippers are quickly responding to the COVID-19 outbreak, according to a survey by Echo Logistics. Shipping volumes demonstrate the resilience of companies and their ability to produce essential products during disruption, and highlight the important role transportation plays, according to Echo. Shippers’ responses shifted during just a two-week period: 28% of shippers said the virus […]

Read More

COVID-19 Supply Chain Resources & Strategies

Redefining Global Supply Chain Management The traditional ways of managing the supply chain may have changed forever as COVID-19 brings heightened awareness of its fragility. Every shipper, carrier, and logistics manager appreciates there could be a significant paradigm shift for future sourcing and inventory management. While just-in-time shipment delivery with tight inventory-to-sales ratios were the […]

Read More

3 Ways to Mitigate Supply Chain Slowdowns

As the supply chain faces factory closures and limited access to employees and logistics to move goods amid the COVID-19 outbreak, leaders can help ease disruption by focusing on their workforce, products, and costs. Gartner recommends: 1. Support Your Workforce To limit the impact of COVID-19, governments and employers instructed many employees to stay at […]

Read More