article thumbnail

Recession-proof Supply Chains with FTZs

QAD

When the recession of 2008 hit, many would not have guessed the industry would survive. It wasn’t just the upholstered furniture industry that turned to the FTZ program during the 2008 recession. Another prime example is JVC. In 2008, zone managers often tracked all this by hand. That made it all worth it.”

article thumbnail

Supply chain risk management in 2017

Kinaxis

Interestingly enough, the first episode of Breaking Bad that aired in 2008 reflected what it was like being in supply chain risk management at the time: “Hey, a science teacher is cooking meth, how much worse could it get?”. For example, travel was halted all together as a result of the 2010 Eyjafjallajökull volcano.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

It’s Time to Confront the Prospect of a Global Recession

MIT Supply Chain

Even though companies have their hands full dealing with today’s uncertainties, they are well-advised to start thinking about how to prepare for a downturn that could compare to the 2008 financial crisis. a scarcity of baby formula is a current example?—?as These disruptive forces are still at work today. precipitously. Cold comfort?—?but

Global 97
article thumbnail

Horsemeat Supply Chains

SCM Research

However, the horsemeat scandal is just another example to reveal that food supply chains got out of control. Based on a series of incidents in food supply chains, Roth and her co-authors (2008) have developed a conceptual framework for quality management in food supply chains. Pullman, M., & Gray, J. 2008.00043.x.

article thumbnail

Supplier Performance Management – The Ultimate Guide

SCMDOJO

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). The valuation of machines, for example, depends on what needs to be produced.

article thumbnail

Creating a Green Marine Supply Chain

Logistics Viewpoints

To see these regulations through, the IMO is aiming to reduce total annual greenhouse emissions by 2050 by at least 50% compared to 2008 [4]. A storm, for example, could slow the vessel down and increase transit time from one port to another. Operational Considerations. Operational efficiency and energy savings are closely linked.

article thumbnail

Blockchain for Supply Chain: A Comprehensive Guide for Businesses

SCMDOJO

Initially introduced by Nakamoto in 2008 in his publication on Bitcoin, blockchain technology refers to a decentralized peer-to-peer network that runs behind Bitcoin transactions. Blockchain technology is a decentralized, digital ledger that records transactions in a secure and transparent way. Blockchain as the future of Supply Chain?