In today's digital world, companies are under pressure to be more transparent with their customers. This is especially true for supply chains, where customers want to know where their products are coming from and how they’re being made.
“Disruption” is the word of the year. Alan Amling, distinguished fellow at the University of Tennessee's Global Supply Chain Institute, explains what it means to supply chain professionals — and why they keep "getting in their own way."
Removing sea mines near Ukraine’s key ports could take months, and hundreds of seafarers are still stranded in the region following Russia’s invasion of the country, according to the United Nations agency responsible for shipping safety.
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.