Gathering data and information in supply chains The current pandemic has exposed a situation that, even with more data produced than ever before, companies in general do not have a good understanding of their supply chains. This includes risk exposure and alternative responses to supply challenges that may arise. A company’s supply chains can consist of multiple businesses and assets, … Read More
‘New customer’ demands and effects on supply chains
Choice and value chains The experiences of people going through the pandemic and expectations in developed countries of 10 percent+ unemployment, could change perceptions enough that the future will not be the same as the past. A report titled The New Customer, downloaded from the Digital Supply Chain Institute, provides their expectations of likely consumer needs in the future and … Read More
Review your supply chains for possible restructure
An acronym lives again To explain how enterprise will structure and perform as the COVID-19 crisis recedes, a speaker at a recent on-line conference used the term VUCA, which required a dig into the archives. The acronym was developed in the late 1980s by the US Army War College, in relation to strategic thinking in a post-Cold War scenario. While … Read More
Supply Networks are being recognised for their value
Supply Network in the media What a surprise to read an article in a mainstream business magazine that uses the term Supply Network and the words Complex and Uncertainty all in the same paragraph! The virus crisis and its economic shocks are showing that supply chains have a use beyond just cutting costs. Similar to Logistics written on the side … Read More
Design and planning process for future supply chains
Recovery will take time Black Rock, the world’s largest fund manager has stated that the crisis will fundamentally reshape business practices, society and consumer habits – rethinking the way people work, shop, travel and gather. There will be a ‘new normal’ way of functioning and businesses will need to adapt. And the timeline for recovery could be long. The investment … Read More