Tag Archive: supply chain disruptions

CBS Tampa Interview

August 11th, 2020

Since talking with CBS Tampa for a story on rising grocery prices, I thought it would be good to share with clients and colleagues as well. The bottom line is that grocery prices are definitely spiking due to supply chain disruptions due to coronavirus, not due to shortages of food. There are significant supply chain disruptions and volatility in demand and supply. For example, grocery is spiking in many categories such as eggs, pantry staples, and meat while restaurants, hospitality and schools have dropped like a rock which resulted in farmers dumping millions of gallons of milk, eggs etc. Getting the right products to the right place at the right time through available channels has been challenging due to labor shortages mainly at the farm level. The supply chain is starting to stabilize but disruption will exist while coronavirus surges and until additional channels are set up and packaging accepted in grocery so that stock can be redeployed.

Will your supply chain be impacted? Or will rising prices impact your business? Stay up-to-speed on the latest trends to stay on top of your supply chain and how to proactively navigate COVID.

 



The Beatles Cirque du Soleil and Supply Chain

October 5th, 2015

supply chainI am in Las Vegas for APICS 2015, and I went to see LOVE (the Beatles Cirque du Soleil) this evening. The show had amazing sets, color, songs, acrobats and much more. Much of the show had as much color as this Beatles-inspired picture below.

My favorite scene included lobsters and jellyfish under the sea. Quite amazing! To put on a show of this caliber and complexity, the supply chain has to be robust. What would go into the end-to-end supply chain to design, produce and maintain the costumes, sets, video, etc.? If you think of even the easiest of supply chains, there is more complexity than we realize.

Beatles-inspired art

One tip to implement this week:

Think about one of your products or materials. What does your supply chain look like? Start with one aspect such as the person before you in the supply chain. For example, if you make desks, what materials go into the desks? How many variations are there? Where is that material sourced from? What is required to get the material from wherever it is produced to your facility? Who does that supplier get material from? And so on.

Your end-to-end supply chain can contain countless links. How well do you understand your supply chain? Are you prepared for volatility and disruption? Those who fully understand and collaborate with their supply chain will be more resilient – and successful in the long term. Start by just digging into one piece of your supply chain and expand from there.

Looking for more ideas to keep your supply chain connected? Access more tips and resources on my blog. And keep connected by subscribing to my newsletter and email feed of “I’ve Been Thinking…”

 



The Strongest Link in Your Supply Chain

July 9th, 2013
Five Transportation Trends. LMA Consulting Group.

Stay on top of the latest transportation trends to avoid weak links in your supply chain.

Five Transportation Trends
I’ve recently spoken at and participated in a few transportation industry events, and was reminded of the importance of transportation trends to the supply chain, so I thought a recap of trends was in order:

1. The importance of systems: As supply chains become more complex, leveraging systems becomes more important to optimizing supply chain networks and minimizing transportation costs.

2. Consider supply chain disruptions: As supply chain disruptions become commonplace – natural disasters, weather, strikes, etc. – it has become essential to build flexibility and agility into supply chains.

3. Alternative fuels: Certainly fuel cost is significant in transportation; thus, selecting the optimal technology is key to success. UPS is expanding its liquefied natural gas vehicle strategy.

4. Logistics trending UP: The US Logistics market grew 6% in 2012, led by growth in domestic transportation management, according to a study by Armstrong & Associates Inc.

5. Panama Canal questions: The Panama Canal expansion (adding a 3rd lane) is scheduled to be completed in 2015 – will it affect the amount of freight going directly to the East Coast? There is much disagreement on this topic.

Did you like this article? Continue reading on this topic:
Ideas to Minimize Freight Costs in Today’s Economy