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There are obvious supply-chain impacts from war. Shortages, escalating prices, and the flow of goods are common short and long-term examples. The ongoing conflict between Russia and Ukraine and the more recent bloodshed between Hamas and Israel are certainly exhibiting the supply-chain impact mentioned. Still, there are more subtle effects as well. The Russia/Ukraine War
Many supply chain elements take a toll on procurement professionals, and the increase in freight charges accounts for a myriad of woes. Here’s a look at a few of those woes, including the impact of higher costs, timing as it applies to what’s happened to Just-in-Time delivery and the ongoing delivery delays, how freight challenges
A major supply chain challenge is economic instability. We know that supply chain challenges can cause economic instability, but what about the other way around? What impact does economic volatility have on supply chains—especially over an extended period? Supply chain challenges have been back-to-back and overlapping. Even before COVID-19’s demand surge and constrained supply wreaked
There’s an unprecedented supply chain transformation happening in the automotive industry. On the electric vehicle side (EVs), experts estimate that manufacturers will spend more than $1.2 trillion through 2030, creating millions of electric vehicles. However, the existing supply chain for internal combustion engines (ICE) still won’t disappear. There are two separate supply chains, and while
So, yes, there is evidence that supply chains are healing. However, although the worst may be over, most goods transported under contracts cost more. Inflation has wreaked havoc on many segments of the chain. Shipping container cost, for example, from Asia to the US West coast, is up more than 15x, while short-term prices for
There’s an inherent disconnect when discussing “health” when systemic crisis is the new norm. In 2022 supply chain woes were rampant–from port blockage, rising inflation, slowing demand, the war in Ukraine, COVID lockdowns, elevated inventory, hurricanes, and even MIA employees. Although there were improvements in some of these issues, disruptions to supply chain operations will
Terrestrial supply chains are pretty well evolved. They’ve been the focus for decades now to improve efficiency, lower cost and minimize disruptions. As advanced as these systems now are, transitioning them to deep space requirements represents a critical gap that must rapidly be filled. It was one level of complexity when supplying MIR, Skylab (albeit
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
Supply chains should be resilient. The reality, however, is that many can be sent into a dangerous tailspin at the slightest provocation. A tailspin that can be difficult to recover. We’ve seen examples of both resilience and tailspins throughout history, caused by natural disasters, wars, trade policies and politics, pandemics, and even former late-night TV
While 5G will deliver high efficiency, there will also be challenges for those implementing it, from the sheer volume of data to a disconnect in the available infrastructure to support it. 3G and 4G implementation was far from painless. Expect similar woes with 5G supply chain implementation. Of major concern is that you can’t just
