Supply Chain: Keeping an Eye on Global Markets
If there ever was a strategic topic of critical importance no matter your position in the supply chain, it is keeping an eye on global markets. Are you making this a priority?
If there ever was a strategic topic of critical importance no matter your position in the supply chain, it is keeping an eye on global markets. Are you making this a priority?
According to the Industry Week and the National Association of Manufacturers, manufacturing is on fire! Manufacturers optimism registered 95.1% - the highest level EVER recorded!
How significant is freight to your bottom line? For example, when I was a VP of Operations for an absorbent healthcare products manufacturer (adult diapers, hospital underpads), freight was a BIG concern.
At the Southern California E-Commerce and Logistics Summit, there was much discussion on e-commerce.
Keep innovation and future disruptors top of mind.
Are you paying attention to the Amazon effect? You should be!
In-depth look at the Inland Empire's booming economy and its influence on regional development.
Are your suppliers ready to grow with you? Will they run into quality issues? Cash issues? Supply issues? Or will they enable you to be ahead of the curve?
Do you have backup transportation built into your model? Are you considering additional transportation partners such as third-party logistics providers (3PL) and brokers? Perhaps they shouldn't be considered a last resort.