Supply chain risks abound! Just look at the recent bankruptcy of Hanjin. It created havoc in the global supply chain. Ships were virtually stranded on the water. No one knew how they'd get paid. Customers still needed the product. And so the results were scary. Have you thought about [...]
Whether outsourcing, insourcing or near-sourcing or a combination of all three, manufacturers need to reassess their strategies to measure risk and ROI.
Your supply chain is only as strong as your weakest link so you must develop your employees and find ways for them to work together more effectively.
What happens when you have a break in your supply chain? Do you have contingency plans in place to mitigate business interruption?
It is wise to stay on the leading edge of what is of such critical importance to manufacturers, distributors, logistics providers and the economy.
At first glance, it seems a bit challenging to figure out what can be done in a week. However, since the global supply chain is all around us, it isn't that hard after all.
California wildfires have the potential to disrupt the flow of US commerce. A report from the Wall Street Journal quoting Lisa Anderson. California wildfires have the potential to disrupt the flow of US commerce. A report from the Wall Street Journal quoting Lisa Anderson.</div>Supply chain risk has increased exponentially [...]
Commercial operators were scrambling to keep goods moving as a massive wildfire east of Los Angeles shut down one of the nation’s major freight corridors.
No matter what you think in terms of politics and the like, it is imperative that you understand global impacts.
The first step to navigating the global marketplace is to be aware.
