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Supply Chain Management

Stop Messing Up Your Supply Chain! Avoid These Three Common Errors

Although there are many ways you can mess up your supply chain, here are three areas that, when sufficient attention is paid, will put you in a much better position. It is amazing that these items are not yet adopted universally. Not Using Available Data We’ve been inundated, virtually crushed, by the sheer amount of

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Supply Chain Management

5 Supply Chain Management Blunders

Fortunately, we have many tools today that help mitigate the inherent risk associated with supply chains. We can also learn from the past. Here are some classic examples of supply chain blunders that happened because of inept management decisions. 1. WebVan Whereas today, online grocer WebVan would likely have flourished, at the turn of the

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Supply Chain Management

5 Ways to Make Your Supply Chain More Resilient in 2021

The world we live in today is very different from what it was a year ago. We’ve been forced to find new ways to safely work and interact with other people and within our environments. Many companies have had to alter the way they do business to remain effective and still be safe. When it

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Industry Insights

Living in Interesting Times: Procurement 2020

We’re not even at the end of the first quarter of 2020 and already tariff wars seem to be the least of our problems. Even before the coronavirus started to disrupt supply chains, procurement analysts had identified several things to watch out for and necessary transformations that need to happen within the procurement world. Here

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Supply Chain Management

China, the Coronavirus and Supply Chains

We’ve seen it before: the face masks, expressions of fear and daily spikes in body counts in the headlines. Now we’re in the midst of yet one, more powerful, coronavirus—COVID-19. Coronaviruses represent a group of viruses that infect both birds and mammals. Dubbed coronavirus based on the crown-like spikes on their surface, they are responsible

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Sourcing Strategies

Why COVID-19’s Supply Chain Impact will be the Most Damaging to Date

It was a little different back in 1997 when SARS hit. The tech industry’s reliance on critical products and components from China was, in comparison to today, minimal. Now, the COVID-19 virus is shuttering factories and shops in the Wuhan area and transportation is halting. Even as some are reopening, there is a very slow

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Sourcing Strategies

5G and its Positive Impact on Supply Chains

Recently, we discussed the downsides to 5G in supply chains, but let’s now explore its potential positive impacts. Supply chains are experiencing a lot of technology-based changes over the past few years and the roll-out of 5G promises to deliver multiple benefits to an industry in waiting. Expectations are that robotics, drones and IoT usage

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Industry Insights

6 Types of Manufacturing Processes and Where We’re Headed with Them

As supply chains become increasingly complex, with components sourced globally regardless of where manufacturing takes place, the manufacturing processes used to create goods have developed a variety of permutations and combinations as well. Until recently, there were five primary manufacturing processes. But the growth of 3D printing increasingly impacts manufacturing and can be considered not

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Supply Chain Management

Deep Space Supply Chain Rewrites Definitions of Logistics and Risk

Moving beyond the space station concept, where astronauts have spent up to a year living in space, the next phase for NASA is a return to the moon and eventually to Mars. To be successful in both endeavors will require a rewrite of logistics, material handling and storage. According to NASA, the Gateway will be

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Supply Chain Management

Characteristics of a Transparent Supply Chain

By now, it’s no surprise that supply chain transparency is the ultimate goal. Transparency has become a must-have in today’s market. The problem is, it’s not always easy to achieve since the process requires companies to invest a lot of time, effort and funds. In some cases, it may even require organizations to change old

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