Could Strategic Inventory & Proactive Planning Save Your Supply Chain?
Disruptions abound no matter the supply chain. Aerospace has been particularly hard hit. Boeing's issues have plagued them the entire year.
Disruptions abound no matter the supply chain. Aerospace has been particularly hard hit. Boeing's issues have plagued them the entire year.
A single weak link can expose the entire supply chain to significant risks, which is why it’s crucial for companies to proactively assess and secure their end-to-end operations.
Supply chain is rife with disruptions, and it’s not going to change any time soon.
Given the uncertainty of the economy creating extreme push outs and pull ins with customer orders, only those companies that can successfully deal with uncertain and changing conditions can thrive. Companies that automate, create value and digitize will drive bottom-line results.
Supply chain risk has become a permanent business challenge. In this NTV News interview, Lisa Anderson discusses how companies can strengthen resilience through supplier diversification, contingency planning, reshoring strategies, and SIOP to better anticipate and respond to disruption.
Volatility, uncertainty, complexity, and ambiguity (VUCA) have plagued medtech’s supply chain since the pandemic. Drug shortages last year hit their highest levels in a decade, with 99% of hospital and health system pharmacists experiencing medicinal dearths, according to an American Society of Health System Pharmacists (ASHP) survey.
Disruptions ramp up! Unfortunately, there was a massive hurricane that wreaked havoc in several states including North Carolina, Georgia, Virginia etc. 130 people have died and many are unreachable. Towns are destroyed including one that has a special place in my history [...]
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.
Since the pandemic, the end-to-end supply chain has been in a constant state of disruption. Although it has calmed down since the height of the pandemic, disruption is simply the new norm. Since logistics is dependent on a system of systems, it is a sum of its parts, and [...]
The economy is facing headwinds with high inflation, interest rates, and concerning employment numbers. The world is on high-risk alert with the Russia Ukraine war, and the Israel Hamas war, which has expanded to Hezbollah.