An appetite for reshoring and onshoring may be growing due to the coronavirus pandemic, with more than two-thirds of North American manufacturers looking to bring production back home.
Supply-chain management consultant River Rock Advisors breaks down four key components of a successful operational strategy: preparation, implementation, execution and measurement.
The cost of storage is exploding, in sharp contrast to the price of the commodities themselves, which are collapsing amid the chaos of the coronavirus.
Logistics planners need to know what’s going on in their network, from the current degree of service to costs and performance demands. A simple Microsoft Excel-based tool can help keep everything in view.