Supply Chain: Keeping an Eye on Global Markets
If there ever was a strategic topic of critical importance no matter your position in the supply chain, it is keeping an eye on global markets. Are you making this a priority?
If there ever was a strategic topic of critical importance no matter your position in the supply chain, it is keeping an eye on global markets. Are you making this a priority?
Apple has developed its own processors for years but has recently increased its focus on the in-house design of components.
Whether we have anything to do with electric cars, we should pay attention. Noticing where investments are flowing can be quite critical as it will impact your business in one way or another.
Supply chain disruptions are commonplace - and often unavoidable. Are you planning for the most likely supply chain impacts in your business?
Are you developing strategies to address cyber security concerns? If you aren’t thinking about the relevance and risk, you should pay attention.
Take a look at your supply chain. How are you likely to be affected by changes to NAFTA? What risks should you account for?
What are executives looking for in supply chain professionals? That was the topic of the panel I participated on at the Drucker Supply Chain Forum with executives from the Walt Disney Company, Source Intelligence, Intelligent Audit and CSCMP. So, what is the consensus?
According to the Chartered Institute of Procurement and Supply (CIPS) risk index, risk is the highest since 2013. It is easy to become complacent. Are you adding risk into your supply chain conversations and plans?
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.