Disruption has been the name of the game for more than a year as supply chain leaders have been dealing with changing buyer behaviors, inventory management challenges, labor shortages, weather and pandemic-related uncertainty, cyber security threats and capacity constraints that continue to create significant supply chain volatility. With peak shipping season approaching, companies continue to […]
There has been much commentary about global supply chains not being resilient enough. All the disruptions caused by the pandemic, of course, has contributed to this. One culprit, it is argued, is global supply chains being too lean. Does this mean, companies should abandon lean practices? No. It is possible to be lean, where it […]
Marisa Brown, Senior Principal Research Lead, Supply Chain Management at APQC (American Productivity & Quality Center) recently gave a presentation at ARC Advisory Group’s Supply Chain Forum. In her presentation, Ms. Brown examined supplier risk during a crisis, supply chain disruption, supply chain risk, and how organizations can shift from surviving to thriving. The following article highlights […]
Business professionals talk about “agility” and “resilience” as if they are the same thing. They are not. A company with an agile supply chain can react quickly to big increases or decreases in demand. An agile company is like a half back in football that can dart quickly to the left or the right depending […]
The Oracle Live: Cloud Applications event highlighted the supply chain function due in part to the extensive supply chain disruptions caused by the global coronavirus pandemic. A key premise, global supply chains have depended on a certain level of predictability that is no longer available. This requires a multidimensional value framework that places increased emphasis on supply alternatives, risk exposure, tariffs, and channel complexity.
Supply chain modeling is essential to substantiated resiliency analysis and to the planning of risk responses. A supply chain model is the digital representation of the structure, product flows and policies of a physical supply chain. It is created by transforming data into predetermined structures, so that such data templates can be used in conjunction with mathematical algorithms, to determine improved future state structures, product flows and policies. Here’s a look at four areas of risk that can businesses can address through modeling and analytics.
Workers across many industries don’t feel safe during this pandemic. Autonomous mobile robots emitting UV light can help kill COVID-19 microbes and keep workers safe.