Agility, flexibility, consistency and resiliency will be key themes in the coming years. Supply chains must overcome challenges posed by labor scarcity, time constraints and increased customer demand. Robotics and other types of automation offer an opportunity to achieve those goals. The robotics ma...
The 2023 Supply Chain Crystal Ball: Challenges and Solutions with Olivia Montgomery, Associate Principal Supply Chain Analyst Curious to know how your peers are navigating ongoing disruption? The supply chain management techniques that dominated the last 30 years are no longer supporting consumer...
Supply chain challenges are certainly showing signs of abating, but we are in the very early innings of that process. Once the supply chain gets backed up, there’s only one way out of it – one carload, or one truckload, at a time. It is not going to be an easy or quick process...
Supply chain management hasn't kept pace with commerce trends Just-in-time (JIT) manufacturing became standard fare since Toyota modeled it as a way to cut down on storage costs and waste in a post–World War II economy. Like the name suggests, the JIT approach aims to get products ...
and unstable supply costs are deeply impacting companies’ ability to deliver to their customers – resulting in business-wide impacts. In a 2022 survey,72% of global finance leadersreported they had “experienced disruptions or delays because of supply chain challenges, pandemic-rel...
a so-called “skeleton crew,” throughout the celebration. While not directly affecting freight in the Red Sea, it still harkens back to adding more delay atop an already stressed supply chain. Shippers must account for these predictable challenges and plan to mitigate their impact on their oper...
THE global supply chain faces further challenges in 2023, with weakening consumer demand, oversupply, an energy crisis and rising inflation all contributing, according to a study by ING. "Normality in global supply chains is still way off as we approach 2023," the bank said. However, supply ...
HSINCHU, Taiwan, R.O.C, Dec. 7, 2023 - TSMC (TWSE: 2330, NYSE: TSM) today held its 2023 Supply Chain Management Forum and presented awards to outstanding supplier partners in
their extended families of employees and report publicly on their successes—just as companies in several industries have traditionally done in the case of workplace safety and health issues. Being open about the challenges they face improves the credibility of the steps they take to tackle ESG ...
The paper identifies the range of key barriers and enablers to supply management and it concludes with an assessment of the main trends.Research limitations/implications: The research presents a number of challenges to existing thinking about supply strategy and supply chain management. It reveals the...