Why Local Supply Chains Are the Future of Business
Having more diverse, shorter, less complex supply chains creates more resiliency.
Having more diverse, shorter, less complex supply chains creates more resiliency.
Although we talk about the value of the backup to the backup all the time in supply chain circles, when the rubber meets the road with the costs of the backup, it can be seen as excessive.
The threat of tariffs is already causing supply chain implications. There is a surge of chip demand post election. According to Trendforce, the chip supply chain is seeing a rush of orders.
Opportunities to increase market share will increase when companies are pre-positioned for growth in a resilient and scalable way.
There has been a plethora of strikes, potential strikes and disruptions in the last few years. In fact, the threat of strikes has made its way through the supply chain.
Lisa Anderson was quoted in Food Logistics' Top 10 Trends to Shape Cold Food Chain in 2024 recently. With the help of some supply chain visibility, sustainable measures, more focus on people and the ability to pivot at a moment’s notice, 2024 is anyone’s and everyone’s game to succeed. [...]
Despite all of our hopes for a post-COVID future, in 2022, the world did not return to normal. New disruptions slowed the recovery significantly and inflation created new complications. According to a 2022 report from Interos, supply chain interruptions have cost companies an average of $182 million in lost revenue this year.
Clients are growing quickly. No matter the industry and company size, clients and colleagues are seeing growth. The only question is how quickly and whether they can keep up. Capacity constraints are popping up everywhere. On the logistics front, Southern California has no available space; the ports are backlogged, prices are rising [...]
Procter & Gamble, the maker of Charmin toilet paper, was prepared for thousands of scenarios – including earthquakes, fires, and cybersecurity attacks – but not for a disruption greater in magnitude than all three combined: a global pandemic. As COVID-19 spread throughout the United States in March, panicked shoppers snapped up [...]
Once a full list of suppliers has been created, the next step for managing in the pandemic is to prioritize the most important of those on the list. This exercise should be based not so much on the volume driven by a supplier, but rather how critical they are [...]