When disruptions hit, transportation often takes the blame. But now, it's also where opportunity hides. As transportation and trucking are expected to emerge from the freight recession, there is a short window of opportunity for companies to evaluate supply chain reconfigurations and develop transportation strategies.
It is past time to ensure your supply chain is ready for growth. As companies scale up, shortages and lead times are extending. Develop plans to take advantage of the opportunities by preparing your supply chain to scale.
Since tariffs went into effect, supply chain vulnerabilities have been exposed. We are in a global supply chain with wildly varying levels of risk and exposure depending on the country of origin, product composition and each specific company's strategy.
As geopolitical unrest, natural disasters, and shifting trade policies upend global logistics, resilient companies are transforming their supply chains to gain competitive advantage and ensure growth.
Artificial intelligence is not only integral to manufacturing, distribution, mining, and forging, but it will also power productivity and enhanced customer value across every company in the future. Thus, it is an imperative to pay attention to current uses of AI and to think strategically about AI applications to drive productivity, profitability and performance.
Sales forecasting, also known as demand planning, is integral to achieving profitable growth. To ensure superior service and operational performance, visibility into customer and operational requirements is a must.
The Strait of Hormuz is a geopolitical chokepoint — and a critical reminder of why advanced supply chain planning is non-negotiable. In this Supply Chain Byte, Lisa Anderson highlights the ripple effects that disruptions in this narrow strait can cause and how strategic planning, risk assessment and scenario modeling help companies stay ahead.
Lisa Anderson of LMA Consulting Group has been recognized as a leading woman driving innovation in logistics and supply chain by Global Trade. As the supply chain has become more complex and interconnected, predictive agility, forward-thinking innovation, and bold leadership have become integral to success.
Israel and Iran had an escalating 12-day war with the U.S. getting involved by bombing Iran's main nuclear facility. Although a cease fire has been negotiated, tensions remain high in the Middle East.
Stay focused on continual improvement of your processes to keep your business at the forefront of your industry. Focus on the best practices in common across improvement programs and utilize the five keys to success.
