A news item about AI The recent news item that few people will have missed was the launch of DeepSeek, an artificial intelligence (AI) tool set for use in commercial environments. Its total cost of ownership is reported to be substantially lower than the cost of currently available AI products developed in America. This announcement provides a long-term benefit for … Read More
Political promises and decisions about Supply Chains
Forecasts are always wrong For any forecast, always attach probabilities of them occurring. A current forecast is the threat to increase tariffs on all goods entering the US and for very high tariffs on goods from China. This was mentioned many times in the recent US election campaign speeches and has received much coverage in the media. As a repeated … Read More
Decisions for Supply Chains require Analytical Approach
Are decisions better? Has decision making become more complex? Although the impact of decisions about supply chains can extend across enterprises, are suppliers and customers involved? And is there clarity about which are strategic, tactical and operational decisions for supply chains and who is responsible? Most important, are decisions considered to be ‘better’ than those made in previous times? Survey … Read More
Supply Chains Information without using new Technology
Recurrent challenges in supply chains In media articles written for industry and professionals, there is a stream of ‘good news’ stories about technologies and the positive outcomes from implementation. However, media articles written for financial and investment people have different stories. Three recent articles have highlighted some basic and recurring challenges that affect supply chains: These situations are not specific … Read More
A model for Supply Chains in the climate change future
Measuring non-financial improvements The disruptions through your supply chains since early 2020 have been a learning experience for what is due to occur by 2030 and beyond. In 2018, the ‘Intergovernmental Panel on Climate Change’ (IPCC) published its report on the impacts of climate change. It stated that to limit average temperature rises to 1.5C above preindustrial times, by 2030, … Read More