Creating More Resilient Supply Chains

Harvard Business

Supply chain Operations Globalization AudioA conversation with Harvard Business School professor Willy Shih on the risks of global, just-in-time manufacturing and how to create stronger systems.

4 Gifts Blockchain will Bring the Supply Chain in the New Year

Let's Grow Leaders

And… Supply Chain Management blockchain supply chain managementAt this time of the year, trends, forecasts and innovations that are driving the technology industry forward are often summarized, and an outlook for the New Year is given.

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Lessons in Cambodian Silk Supply Chains

Lead Change Blog

She’s just your ‘average’ 20-something creating an international supply chain in the fashion industry, and succeeding. Posted in Community Involvement Light Your World [link] Marcelia Muehlke, one of the great young entrepreneurs I get to hang out with. In the spirit of ‘and/both’ instead of ‘either/or’, Marcie doesn’t accept the 20th century cut throat culture of the Garment District. This is a wonderful story, with lessons [.].

Four Ways Technology Can Enhance Your Supply Chain - SPONSOR CONTENT FROM PREMIER

Harvard Business

According to a March survey conducted by the Institute for Supply Chain Management, nearly 75% of U.S. companies reported supply chain disruptions due to coronavirus-related issues. Today, the definition of supply chain […].

What Supply Chain Transparency Really Means

Harvard Business

Supply chain Sustainability Digital ArticleAnd five steps to get started.

Why Every Business Owner Should Study Supply Chain Management

Strategy Driven

Supply chain management is sometimes considered as a posh name for logistics, but it does entail much more than making sure that products are delivered from Point A to B. If you are serious about improving your business and your productivity, you have to take supply chain management more seriously in the future. Having an effective supply chain management system in place will reduce idle times in your business.

Lessons in Cambodian Silk Supply Chains

Mills Scofield

She''s just your ''average'' 20- something creating an international supply chain in the fashion industry, and succeeding. Making eco-socially-responsible wedding dresses requires a very special international supply chain and lets me combine my background in international development and my MBA. That lack of options means little competition which is tempting but also gave me pause – was it possible to build the kind of supply chain I was imagining?

Building Resilient Supply Chains Won’t Be Easy

Harvard Business

Supply chain Crisis management Digital ArticleIt’s time to look past simplistic solutions.

Coronavirus Is a Wake-Up Call for Supply Chain Management

Harvard Business

Supply chain Crisis management Digital ArticleStart mapping your suppliers in depth — now.

We Need a Stress Test for Critical Supply Chains

Harvard Business

Government Supply chain Digital ArticleIt would ensure a more resilient response to the next global crisis.

Why Supply Chains Need the Right Kind of Planning to Deal With Tariffs and Trade Wars - SPONSOR CONTENT FROM KINAXIS

Harvard Business

Global strategy Supply chain Sponsor ContentSponsor content from Kinaxis.

CEO Spotlight: Janne Juhala, Co-founder and CEO of Logmore on the Future of Supply Chain Data Logging

CEO Insider

License and Republishing: The views expressed in this article CEO Spotlight: Janne Juhala, Co-founder and CEO of Logmore on the Future of Supply Chain Data Logging are those of the author Anna Papadopoulos alone and not the CEOWORLD magazine. Technology has enabled entrepreneurs of today to approach business with a global perspective. E-commerce allows just about anyone to conduct cross-border commerce.

When You’re Tied Up In Supply Chains, You Need A Strategy

Strategy Driven

According to estimates by supply chain management organizations, the global supply chain market is worth more than $10 trillion a year. As a company, managing your supply chain, organizing shipments and coordinating your efforts with other companies takes a lot of planning and effort. Here’s how to execute a great supply chain strategy without getting tied up in knots. Supply chains aren’t impervious to human error or malicious acts.

Complimentary Resource – How to Leverage SRM For Supply Chain Resiliency

Strategy Driven

How to Leverage SRM For Supply Chain Resiliency. by TAKE Supply Chain. Click here for more information on How to Leverage SRM For Supply Chain Resiliency. You just finished reading Complimentary Resource - How to Leverage SRM For Supply Chain Resiliency ! The post Complimentary Resource – How to Leverage SRM For Supply Chain Resiliency appeared first on StrategyDriven.

The Death of Supply Chain Management

Harvard Business

The supply chain is the heart of a company’s operations. To make the best decisions, managers need access to real-time data about their supply chain, but the limitations of legacy technologies can thwart the goal of end-to-end transparency. New digital technologies that have the potential to take over supply chain management entirely are disrupting traditional ways of working. Technology Competitive strategy Supply chain Digital Article

The Rise of FinTech in Supply Chains

Harvard Business

A new type of services company could transform global supply chains: Financial technology companies that act as intermediaries in facilitating transactions between a company and its suppliers. FinTechs are internet companies that streamline financial systems and make funding the supply chain more efficient. Some firms are already providing supply-chain services such as procurement and inventory management.

Conscientious consumers or creatures of habit? A focus on our supply chains

Strategy Driven

Do we, as general consumers, really focus on, or give any thought at all, to the whole supply chain that eventually led to that product making it to our shopping trollies? But it goes to show you how important our supply chain actually is. Every touch point in the manufacturing process is crucial and it is more important than ever to have full traceability and visibility of the supply chain. A focus on our supply chains !

How Coty Reinvigorated Its Supply Chain

Harvard Business

where one of us is Vice President Supply Chain, suggests this “magic” can be repeatable. In 2010, Coty was rapidly expanding through acquisitions and internal growth and needed to align, integrate, and further accelerate improvements in its supply chain. The company’s Supply Chain Leadership Team had seen the pace of change for its group began to plateau. Change management Supply chain Retail & Consumer Goods Digital Article

How Coronavirus Could Impact the Global Supply Chain by Mid-March

Harvard Business

Supplies from China will dry up, slowing manufacturing and port activity worldwide. Operations management Economy Supply chain Digital Article

Is Your Supply Chain Ready for a NAFTA Overhaul?

Harvard Business

These shifts will have important implications for the supply chain and profitability of U.S.-based This reduces the supply of dollars, makes them more difficult to get, and pushes up their relative value. They include improving cost management or operational effectiveness in procurement, supply chain, and inventory management. Companies can monitor a wide range of signposts and map them to possible strategic moves with their supply chains.

Prepare Your Supply Chain for Coronavirus

Harvard Business

It’s late in the game, but there are still steps you can take. Operations management Crisis management Digital Article

New Supply Chain Jobs Are Emerging as AI Takes Hold

Harvard Business

Companies are cutting supply chain complexity and accelerating responsiveness using the tools of artificial intelligence. Through AI, machine learning, robotics, and advanced analytics, firms are augmenting knowledge-intensive areas such as supply chain planning, customer order management, and inventory tracking. What does that mean for the supply chain workforce? Now is the time to identify exceptional talent by looking outside of the supply chain.

Using the Power of Supply Chains to End Sexual Harassment

Harvard Business

Among the recommendations we offer, one in particular is salient to businesses: supply-chain reform. Notably, the Fair Food Program food addresses many other issues beyond sexual harassment, including wage theft and human trafficking, but their efforts use supply-chain reform to eliminate sexual harassment provides a novel example of how to prevent and address workplace abuse—a strategy that other industries and organizers can use. Image Source/Getty Images.

Book Review: Guide to Supply Chain Management

Chartered Management Institute

Supply Chain Management spans all movement and storage of materials, work-in-process inventory, and finished goods from point of origin to point of consumption.' Supply chain management;EconomistReviewed by David Stephens FCMI. You are not watching this post, click to start watching.

Abandoning Globalization Will Only Hurt U.S. Businesses

Harvard Business

Globalization Supply chain Digital ArticleFour reasons why.

The Supply Chain Economy and the Future of Good Jobs in America

Harvard Business

supply chain is generally recognized as an integral part of the American economy. From Intel’s semiconductors to Microsoft’s enterprise software, the supply chain builds the goods and services that businesses need. supply chain economy, quantified the number and quality of jobs it contains, or assessed how much it matters for innovation. supply chain economy is large and distinct. The Importance of Supply Chain Services.

Coronavirus Is Proving That We Need More Resilient Supply Chains

Harvard Business

Companies are paying the price for not having followed best practices. Operations management Digital Article

A Financial Crisis Is Looming for Smaller Suppliers

Harvard Business

Their collapse could further destabilize the global supply chain. Supply chain Financial management Crisis management Digital Article

An Innovative Way to Prevent Adversarial Supplier Relationships

Harvard Business

Supply chain Business law Negotiations Digital ArticleFormal relational contracts can keep suppliers and buyers from turning on each other when times get tough.

Why You Need a Supplier-Diversity Program

Harvard Business

Demographics Supply chain Social responsibility Digital ArticleIt can lift up disadvantaged communities — and make your business more competitive.

As Covid-19 Disrupts Global Supply Chains, Will Companies Turn to India?

Harvard Business

It’s an increasingly viable option for companies anxious about sourcing from China. Economics & Society Economic development National competitiveness Digital Article

Why the U.S. Still Has a Severe Shortage of Medical Supplies

Harvard Business

Supply chain Government Digital ArticleThe Strategic National Stockpile was intended to be a national safety net. Six months into the pandemic, it remains a mess.

Global Supply Chains Are About to Get Better, Thanks to Blockchain

Harvard Business

When an E.coli outbreak at Chipotle Mexican Grill outlets left 55 customers ill , in 2015, the news stories, shutdowns, and investigations shattered the restaurant chain’s reputation. At the heart of the Denver-based company’s crisis was the ever-present problem faced by companies that depend on multiple suppliers to deliver parts and ingredients: a lack of transparency and accountability across complex supply chains.

Executive Briefing Cost Reduction Opportunity: Inventory Optimization

Strategy Driven

For Work Management and Supply Chain leaders, areas of potential savings lie with: optimizing inventory levels while reducing associated carrying costs, minimizing or eliminating expediting costs, and. Tactical Execution business management inventory management inventory optimization portfolio item strategydriven supply chain supply chain management whitepaper

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Using Supply Chains to Grow Your Business

Harvard Business Review

Challenged by other entrepreneurs in Scale Up Milwaukee’s Scalerator program to come up with a plan for rapidly ramping up his business, Cronce wondered: “What if I redefined Raphael as a strategic link in the global medical imaging supply chain, rather than as a paint shop?” ” This supply chain epiphany is taking Raphael toward $10 million of work a year by burrowing into GE’s global network as well as serving its competitors.

Leading Without Direct Reports

In the CEO Afterlife

In the years to follow, Walter enrolled in supply management courses at some of the best universities. Branding Human Resources Leadership Life Marketing Strategy Business CEO Crisis Management Culture In the CEO Afterlife John Richard Bell Mentoring Purchasing Purpose Supply Chain Management VisionLeadership does not begin the when you step upon the first rung of the management ladder. One direct report does not make you a leader; nor does ten.

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Why Big Pharma Is Betting on Blockchain

Harvard Business

The pandemic has exposed major cracks in medical supply chains. Supply chain Technology Technology Healthcare Digital Article

Find the Weak Link in Your Supply Chain

Harvard Business Review

A big challenge in today’s world of far-flung, complex supply chains is the limited understanding of the impact on your operations of unexpected disruption at one supplier’s site. By combining suppliers’ TTR information with the details of Ford’s supply chain, product bill-of-material, volume, and profit margins by product line and pipeline inventory, our method identifies the risk exposure associated with a disruption in each site of Ford’s network.

Are You Prepared for Bad Press About One of Your Suppliers?

Harvard Business

Supply chain Social responsibility Digital ArticleResearch shows that customers will hold you accountable.

The Japan Earthquake Rattles Supply Chains, Too

Harvard Business Review

Beyond the devastating and saddening human costs, the earthquake in Japan is another reminder of the complexity of the world's supply chains and the great interdependencies in global production systems. The world's supply chains are complex and highly optimized to deliver products efficiently at the lowest cost. Shocks like this ripple through the chain, and test the robustness of their design. Global business Supply chain

Is Your Supply Chain Ready for the Congestion Crisis?

Harvard Business Review

Either accept it (and its higher costs and lower profits) or take control of your fate with strategic, game-changing actions that cut time and costs from the supply chain. The impact on supply chains. Longer supply chains also increase inventory levels and carrying costs related to financing and warehousing. Companies can easily match supply and demand if demand is steady over time with no change in volume or mix.

It’s Not A One-Sided Approach: Working With Suppliers To Generate Better Business

Strategy Driven

Usually, this is in relation to excessive expenses, whether you are concerned about the costs in the supply chain or you are not improving your bottom line, sometimes we have to look further outwards to ascertain better cost-cutting methods. Managing Your Business business management strategydriven Supplier Management Software supply chainEvery company has its crosses to bear.

Case Study: When Tragedy Strikes Your Supply Chain

Harvard Business Review

The company would have to find a way to support the victims and their families and to tighten up oversight of its supply chain. When Laura had decided that T&T should launch its own clothing lines and engage more directly with the supply chain, she’d never imagined that anything like this could happen. Supply chain Crisis management Social responsibility Emerging markets Article