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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 [...]
In the last two months, we have participated in at least 4 or 5 different economic updates from the perspective of the local area, the region, the state, the nation and the global economy. We have also participated with a group of global consultants to discuss the economy and what impacts are likely around the world. So, what do the experts think? What will happen with the economy and what should we be thinking and doing now to be as successful as possible in 2021? First, at the high level, every economist agreed that the year looks positive, mainly because [...]
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 to stay on top of customer needs and extending those changes throughout the end-to-end supply chain while leveraging technology are far more successful. What Should We Consider and/or What Impacts Could Arise? Tune in to our expert panels to find out about what the most successful executives are doing across the [...]
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 and consumers are going to have to wait! Why did this happen? Of course, these days, COVID gets blamed for most problems. Well, it is certainly partly to blame. The longshore labor force has been severely affected by COVID. Skilled equipment operators are in especially short supply according to the Pacific [...]
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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 [...]
What could be more top of mind than the vaccine distribution to combat COVID? This was the topic of a recent Interlinks podcast on Supply Chain Innovations with a group of global supply chain experts. The panel of experts discussed vaccine distribution around the world and associated implications. Listen to our discussion and send feedback. Operation Warp Speed has accomplished what most thought impossible. A vaccine went from 0 to approved, manufactured and in distribution within 9 months instead of multiple years. There were several key factors in making this a success: 1) Clear goal. 2) Public-private partnership. 3) Utilizing [...]
As I wrote in this month's Brushware magazine (page 20), manufacturing is trending to digital. We were already on this path the last few years, and it accelerated 5 fold during COVID. According to the Hackett Group, 77% of companies have strengthened their commitments to digital transformation [...]
Although much is in doubt as we go into 2021, there is one area that is certain. Manufacturing, supply chain and technology will be prominent, essential and progressive. According to Bloomberg, an Institute for Supply Management gauge of factory activity unexpectedly increased to 60.7 from 57.5. To support vaccine distribution, reshoring requirements (as executives realize there is far too much risk, lead time and hidden cost in the extended supply chain), and customer demand, manufacturing is not only essential but will move to prominence in 2021. The supply chain has come under extreme pressure as risks, lack of visibility and [...]
