Also, depending on a centralized manufacturing base makes it hard for companies to get the components they require. This is more difficult when there are global supply chain disruptions. Lack of diversity There are several primary and secondary electronics distributors across the world. Some of these...
McDonald's was recently forced to appoint a new CEO, and although there were many factors at play behind the decision to transition leadership, poor supply management certainly played a role.
There arefive areas where supply chain vulnerabilities most often show up: planning and supplier networks transportation and logistics systems financial resiliency product complexity organizational maturity McKinsey research suggests thatsupply chain disruptions lasting one month or longernow occur every 3.7 yea...
business strategy to maximize business growth by optimizing the supply chain operations. There are several types of Supply Chain Strategies that a company can adopt, depending on the business objectives, and market sentiments. Here we will be discussing some of the most common Supply Chain ...
Increasing supply chain visibility through data encompasses a variety of data collection activities. The following are some of the common data collected in SCV: Order status.Real-time visibility of cargo movement through the supply chain ensuresoperational efficiency,as the company knows when to expect...
While Americans understand that supply chains are complex, that doesn’t make us more patient or sympathetic – and there’s widespread fear that the nightmare will continue. Eighty-two percent of people are scared that supply chain disruptions will ruin their life plans, 92 percent ...
Supply chain disruptions happen when logistics management and task execution are not synchronised and, in some cases, when unexpected events occur. Supply chain disruptions can have far-reaching and disastrous consequences. Besides delays in deliveries, it can affect product quality, create shortages or...
Supply Chain Cyber Attacks are an approaching digital danger with the possibility to enormously amplify the harm of a solitary security break.
Supply chain models There are several common supply chain business models that supply chains fit into. The models have two main focuses: responsiveness and efficiency. Each model strives for some combination of both but approaches those goals differently. In addition, models tend to favor one over...
It can then provide real-time analysis based on interpretation of the data. Companies will have far broader supply chain intelligence. They can become more efficient and avoid disruptions—while supporting new business models. Key features of effective supply chain analytics ...