Tiffany Presley, attorney in the Supply Chain Practice of Barnes & Thornburg LLP, offers advice on how manufacturers can achieve better visibility of, and control over, suppliers at the tier-one level and beyond.
The pharmaceutical industry loses roughly $35 billion annually because of failures in temperature-controlled logistics. Those losses are almost entirely preventable.
Just-in-time and Lean inventory strategies might have served their purpose in the past, but supply chains today are shifting their collective mindset to brace themselves against unanticipated disruptions, says Christine Barnhart, vice president of strategy and GTM with Verusen.
After some promising signs of supply chain stabilization toward the beginning of the year, suppliers and distributors across the globe are suddenly finding increased exposure to the risk of insolvency.
President Joe Biden’s attempt to defuse a complicated trade dispute that’s paralyzed the U.S. solar industry is drawing swift criticism from some of the very companies the White House had been seeking to appease.
From nature to military operations, the ability to offset weaknesses against predators is a key survival strategy. Today’s supply chain leaders should take note.