Even those companies in China whose factories are operating under so-called closed-loop systems may be forced to stop work due to parts shortages or logistical challenges that make moving people and goods around the country near impossible.
Angela Robine, director of strategy-supply chain with VF Corp., talks about the challenge of taking the long view at a time when so many companies are struggling merely to survive.
At a time when supply chain experts are preaching the benefits of diversified sourcing, an alarmingly small number of manufacturers seem to be practicing it.
The amount of real-time data from multiple sources needed to optimize operations and move product quickly requires advanced, artificial intelligence–enabled technology. Enter predictive analytics.
Grocery stores in some parts of the U.S. are expected to run out of certain perishable goods Easter weekend because of a Mexican truckers’ blockade that has stranded millions of dollars worth of fresh produce.
Europe’s push to wean itself off Russian natural gas is sparking billions of dollars in new commitments toward building a market for low-carbon hydrogen.