The supply chain trends shaking up 2023

The supply chain trends shaking up 2023

When disruption is constant, an organization’s preparation for key supply chain trends can be a significant competitive advantage. Disruptions to supply chain operations are set to stay in 2023, whether they be existing or new geopolitical conflicts, inflationary pressures and the recessionary environment, climate change weather events, or other issues yet to emerge. They can…

Global Supply Chains Face ‘Hangover’ as Excess Demand Softens

Global Supply Chains Face ‘Hangover’ as Excess Demand Softens

It’s not even the morning of New Year’s Day and already there’s talk in supply-chain circles of the 2023 hangover. “There’s a reliability hangover,” Bill Seward, the new president of supply-chain solutions at United Parcel Service, said in an interview. He was referring to lingering headaches from more than two years of shipping congestion, delivery disruptions and…

Supply Chains Inching Back to Normal Brace for Headwinds of Softer Demand

Supply Chains Inching Back to Normal Brace for Headwinds of Softer Demand

Shipping strains are on the mend, but a painful spell of weaker demand might be next. Rock guitarist Jack White, who extended his “Supply Chain Issues Tour” into October, might want to name his band’s next road trip after a different villain. That’s because supply strains, while still afflicting many consumers and businesses, are becoming more mundane…

Time to rethink Just-In-Time

Time to rethink Just-In-Time

Just-In-Time (JIT) inventory and manufacturing systems are management strategies where replenishment orders of raw materials, assemblies, and finished goods are based on production schedules; which themselves are based on real customer orders that are due at specific dates (even times).  The objective is to increase efficiency and effectiveness by decreasing the waste associated with carrying…

News analysis: Chaos is the new normal for supply chain

News analysis: Chaos is the new normal for supply chain

Supply chains are global, and the world is shrinking, meaning a shock to one part is a shock to the whole. And the shocks to supply just keep coming … Just as scientists and public health officials are daring to suggest the Covid pandemic might be entering its end-game, so China announces strict new lockdown measures,…

Manufacturing’s Big Rethink: A Shift in Approaches, Attitudes, Investments

Manufacturing’s Big Rethink: A Shift in Approaches, Attitudes, Investments

Amid supply chain woes and inflation, five priorities for companies. Manufacturing companies are going through a fundamental rethink of their supply chain structures and long-term talent development plans as they look toward a post-COVID future. There is also a structural shift in priorities, attitudes and investments related to environmental consciousness. While ongoing inflation pains will…