The current disruption The COVID-19 virus event has been a supply chain risk waiting to happen. A virus is not a ‘black swan’ event, but a ‘known-unknown’. The potential risks and likely consequences of a new virus were evident at the time of the SARS virus of 2002-3 and the H1N1 virus of 2009. The difference between then and now … Read More
Recognise the risks of disruptions in your supply chains
The present challenge Supply Chains carry risks, both minor and major. A major risk to supply chains could be the current Coronavirus outbreak. This is due to uncertainty about its duration and the long term impact on economies and supply chains. As China is an integral part of global supply chains, a decline in its output has the potential to … Read More
‘New’ technologies use in supply chains for 2020
Selling technologies Commercial IT systems have been sold for about 70 years and through that period new technologies have been introduced. Another decade has commenced, but does it change the approach to identifying and adopting ‘new’ technologies? To prosper, businesses that develop new IT hardware and software must bring the technology to the attention of potential buyers and then sell … Read More
Change in your supply chains is for your business
Products and sales outlets differ; so do warehouses and storage areas in their design, organisation, processes and use of technologies. How Logisticians respond to changes in markets, business practices and the environment will also differ. Sales channels and outbound supply chains Sales channels are the outlets through which goods and any associated services are sold. Logistics designs the outbound supply … Read More
Corporate debt could be a challenge for supply chains
Corporate debt in developed countries If there was a global recession only half as serious to that of 2008, forty percent of the corporate debt owed by businesses in some countries is at risk. ‘Corporate debt at risk’ is when businesses are unable to cover the interest expenses on borrowings from corporate earnings. This figure is provided in the half-yearly … Read More