According to a survey by FTI Consulting, 78% of survey respondents said they'd be willing to pay more for the products if the company that made them moved production out of China. Certainly, it depends on how much more, but we've seen a transition in the commentary of the value of reshoring. [...]
I am thrilled to be quoted in the Washington Post in an article "Why a ship stuck in Egypt threatens the economy in the United States". The hot news of the week is that a container ship got stuck in the Suez Canal and has created a pileup of ships waiting to pass through the canal [...]
If you aren't seeing the end-to-end supply chain as strategic, you will miss your opportunity to get ahead of the competition and grow as rapidly as you otherwise could! How quickly can you scale with increasing sales volume? [...]
Everyone is talking about the backlog of ships at the ports and when it will be resolved, but is that the right question? NO! Of course we will eventually resolve the current backlog; however, there are continual disruptions in the extended supply chain, and so who knows what disruption will be next. [...]
Since 2020 was certainly a year of exceptions, when I started thinking about publishing a predictions report for 2021, I thought it was better to evolve it to what would be most meaningful to clients and colleagues for the year ahead. Thus, we repositioned to focus on key lessons [...]
The more technology we use, the more we need a high level of engagement with people. As John Naisbitt, the preeminent social forecaster of our time and the author of the #1 New York Times bestseller Megatrends, said, "High tech. High touch." He was absolutely correct. The more [...]
As we see which companies emerge stronger from COVID, it is becoming apparent that those with a resilient supply chain and strong supply chain partnerships thrive while the rest are coming out in a weakened state. Of course, the situation has not stayed the same - those constantly changing [...]
There is massive congestion at the L.A. and Long Beach ports. The latest figures from the Journal of Commerce shows 63 container ships in the harbor (34 awaiting berths and 29 at the berths). Terminals are full and dwell times have doubled. The situation isn't good, and manufacturers, distributors [...]
In thinking about the surge to local for an interview for an SAP Insights article "For Resilient Supply Chains, Think Local", there is no doubt the pandemic has pushed manufacturers to re-think their extended supply chains. When they suddenly couldn't support key customer needs, manufacturers [...]
Changes in supply chain are happening faster than imaginable! Are you keeping up with these changes? In addition to keeping up with what's noteworthy in supply chain, the most successful executives are taking a step back to make sure their employees have a solid foundation in supply chain [...]
