Author Archive for Steve Banker

Multinationals Need COVID-19 War Rooms

Multinationals need war rooms to deal with the trauma being inflected on their supply chains. A key application needed in these war rooms is supply chain design.

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Are You Considering Purchasing Electric Trucks? There is a Lot to Think About

Companies with sustainability initiatives related to reducing greenhouse trucks often consider purchasing electric trucks. But companies need to pay attention to more than the purchase price. In particular, considerations surrounding the charging infrastructure can be complex.

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Compliance is Necessary, Sourcing is Strategic

Global Trade Compliance (GTC) solutions help companies follow complex trade rules. That is necessary buy not strategic. Sourcing is strategic. GTC content is necessary for strategic sourcing. But what is really needed are engines that quickly allow companies to understand what they need to do in component sourcing for their products to qualify for duty free treatement.

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Start Planning for the Coronavirus Now! 20 Things to Keep in Mind

Start making your contingency plans for coronavirus immediately. Here are 20 things to keep in mind.

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BJ’s Wholesale Clubs Competes Based on Sheer Supply Chain Efficiency

Amazon gets plaudits for their supply chain innovation. But when it comes to sheer cost savings driven by supply chain efficiencies, it is hard to beat BJ’s Wholesale Clubs. Traditional brick-and-mortar retailers are said to be struggling because of Amazon. There is research that shows wholesale clubs and supercenters have been the bigger threat.

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Closing the Gap Between Planning and Execution

Closing the gap between planning and execution is a long-term concern of supply chain executives. It is not easy to do. New thinking is emerging to help in this area. Sales & Operations Execution (S&OE) is emerging as a new discipline in this area.

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Coronavirus Impacts Global High-tech Supply Chains

Global hi-tech companies are struggling with the impact of the coronavirus. While the mortality rate at 2 percent does not sound like it should shut down global supply chains, 25 percent of those infected end up in intensive care. The high-tech industry is impacted particularly hard because so much of their contract manufacturing resides in China and they run JIT supply chains.

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TireHub Demonstrates the Success of the Amazon Business Model in B2B

TireHub is working to transform the tire distribution industry. They are using digital, supply chain technologies, to create on service excellence. Interestingly, the company was formed by two competitors – Goodyear and Bridgestone.

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The Retail Supply Chain Revolution

There is a revolution in retail supply chains. The rapid growth in ecommerce is driving technological innovation and experimentation at an uprecedented rate.

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The ROI of Trade Compliance

What is the return on investment (ROI) associated with trade compliance? If compliance is understood as the chance that company might have to pay a hefty fine for noncompliance, then statistically, there is no ROI associated with compliance. You might think that would make it tough to sell this type of software. You’d be wrong. Almost no one must pay penalties for noncompliance in trade. Let’s take the example of global trade compliance (GTC) solutions […]

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