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7 Ways Businesses Can Manage Supply Chain Shortages in 2021

ToolsGroup

As we head into the holiday season, supply delays, logistics constraints and inflation are looming over shoppers and retailers—and the manufacturers and distributors who keep them in supply. The 2021 supply chain shortage is the story of our lives today, as the enormous bullwhip effect of COVID continues.

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning.

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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

The Covid-19 pandemic tested the global supply chain. Like riding a bumpy road, the supply chain leader is riding the ups and downs of changing market conditions facing greater variability day-to-day. Here, based on interviews with supply chain leaders, I share lessons learned. The Failure of Existing Demand Planning Solutions.

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The State of the Trucking Market in 2021

GlobalTranz

The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.? Let’s consider these top factors affecting the trucking market, their implications on supply chains and how they are driving change within the industry. . That’s an astonishing $933.30

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Know Your Supply Chain KPIs – Procurement

Logistics Bureau

Whether you’re planning to benchmark your supply chain or simply trying to improve how you measure its performance, it makes sense to know a little about the most commonly used KPIs for each supply chain component. 7 Procurement KPIs You Should be Using. Emergency Purchase Rate. Purchase Order Cycle Time.

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

The US GDP in 2021 grew at an unexpected rate of 5.7% Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Focus on Cost.

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Understand the Pitfalls of IBP Before Embarking on a Supply Chain Transformation

Logistics Viewpoints

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. When companies want to digitally transform their supply chain capabilities, moving to an integrated business planning process (IBP) is often at the heart of the transformation.