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.
Empower your operation by arming yourself with knowledge of supply chain trends. See the top four I learned from the APICS International Conference..
What happens when you have a break in your supply chain? Do you have contingency plans in place to mitigate business interruption?
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.
Think about treating your customers (both internal and external) like you are thrilled to be doing business with them and /or working with them.
Flood damage on Interstate 10 in California, leading to a state of emergency and significant disruptions to traffic and supply chains.
What have you been thinking about trying but were concerned about unintended consequences? What risk have you been thinking about? Does it have a shot of success without causing significant damage?
Keeping up with the latest supply chain trends can be invaluable for your career and your company success.
