A supply chain is a network of facilities that procure raw materials, transform them into intermediate goods and then final products to customers through a distribution system. It refers to the network of organizations, people, activities, information, and resources involved in delivering a product or service to a consumer.
As 2025 unfolds, shifting trade dynamics and geopolitical tensions are reshaping the global order – and with it, supply chains. Amid uncertainty, business leaders and investors remain in a wait-and-see mode. This delays strategic commitments and capital investments, potentially impacting innovation. Prolonged uncertainty, however, should not cause decision paralysis. While clarity on geopolitical and economic…
ByHBR.org
It can cut decision-making time from days to minutes and dramatically improve results. Summary: Over the past few decades, advances in information technologies have allowed firms working to optimize their supply chains to move from decision-making on the basis of intuition and experience to more automated and data-driven methods, which has increased efficiency and reduced…
Surveyed executives increasingly point to changes to trade policy and relationships as a disruptive force they expect to affect the world economy, their countries, and their companies. The survey data were collected one week before the Iran–Israel conflict began. This article and the data and analysis it sets out should be treated as a perspective…
ByBSR
This primer provides a new way of thinking about the future of supply chains—bringing together the top procurement priorities of leading global businesses and the key forces of change reshaping the very business models that have given rise to global supply chains—to enable supply chain leaders to envision and manage future-fit supply chains. Deepening our…
The supply chain management field is undergoing a transformation as businesses respond to shifting market demands and technological advancements. With a greater emphasis on agility, sustainability, and resilience, companies are reimagining their strategies to stay competitive and meet the expectations of increasingly discerning customers. From digitalization to innovative approaches to global logistics, these changes are…
ByHBR.org
Summary. The huge uncertainties unleashed by President Trump’s tariff war has made business planning almost impossible. To cope, managers need to take stock of the challenges. They should also take steps to better ride out the gyrations and prepare for what may lie beyond them. These steps include: make sure your organizations are prepared with country-of-origin…
