Supply chains are being impacted directly by the war and by the sanctions being put in place in response. The rapid increase in the price of oil to over $100 a barrel for WTI is sure to result in additional inflation in our current inflationary environment. Volkswagen is halting production at two electric vehicle plants in Germany as a result of interruptions of components sourced from Ukraine. Toyota Motor Corp announced that it […]
When companies consider implementing enterprise software, standard operating procedure would be to look at a public company’s financials before deciding to implement the solution. If the software company is private, the prospective customer often asks for the right to view their financials. A prospective customer wants to know that the software company they will work […]
Accurate 2022 supply chain predictions will be especially valuable due to the prominent impact of supply chain on today’s corporate and personal functioning. Supply shortages, delivery disruptions, inflation, and labor constraints are all top of mind as we begin the new year. The progression or reversal of these trends, and the actions taken to mitigate problems and enhance functioning will all be […]
Cargo theft continues to be a problem, especially around the holidays. And I don’t just mean the winter holidays; cargo theft typically spikes during any holiday season where businesses may be closed for an extra day or two. But what exactly is cargo theft? I found a very detailed definition on the Texas Department of […]
Port and maritime operations are critical to the stability of the global supply chain and the global economy. When terminals cannot move cargo, the costs can escalate quickly. When shipping giant Maersk fell victim to NotPetya malware in 2017, the costs were estimated at between $200 and $300 million. Should we call the Maersk attack an OT-level […]
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 […]