I recently wrote a piece called “The Reset Economy” where I argued that for various macroeconomic reasons, demand may not bounce all the way back after the recession ends. Consequently, many manufacturers may end up with more capacity than they need. I believe this is the biggest supply chain problem many companies will confront over the next few years.
If that is the case, then companies need… Continue reading
Yesterday, I talked about how I’m a fan of the “moment of truth” concept, and I highlighted how we have gone through three phases in trying to solve the “out of stock” problem, but that a new phase is emerging. This new phase, which has begun only recently at some leading manufacturers, includes making a better link between merchandising and supply chain operations.
Merchandising involves maximizing sales using product… Continue reading
I’ve always been a fan of Procter & Gamble CEO A.G. Lafley’s two moments of truth concept. The first moment of truth is what a consumer sees on the store shelf; the second is what the consumer experiences after they have bought the product. Today, I want to focus on the first moment of truth, on what consumers see on the store shelf, assuming there’s even a product there for… Continue reading
History has a bad habit of repeating itself, and over the past few days, an ever-present supply chain risk reemerged: the outbreak of a new infectious disease. In this case, swine influenza appears to have started in Mexico and is quickly spreading to other places around the world, including the United States, which formally declared a public health emergency yesterday (see Department of Homeland Security press briefing).
And… Continue reading
This morning I reviewed the search engine keywords that bring people to the Logistics Viewpoints website. Not surprising, “logistics viewpoints” is the number one search phrase directing traffic to our site. But number four on the list was a bit surprising: “shippers needing carriers.”
If the search phrase was “carriers needing shippers,” then it would make more sense, based on the financial results being reported by carriers and… Continue reading
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