article thumbnail

Using Digital Supply Chain Planning to Respond to Market-Changing Disruptions like COVID-19

ToolsGroup

Gartner research shows that companies that continued to increase earnings while others declined in 2009 and 2010 were those that were able to keep their foot on the gas through the downturn because they had planned responses in advance. One US-based ToolsGroup manufacturing customer sources parts from several Chinese and Italian suppliers.

article thumbnail

Inventory Management: We Can Do Better

Supply Chain Shaman

In Table 1, I share research collected for the Supply Chains to Admire analysis on the average days of inventory by industry across the period of 2004 to 2019 by increments to match economic shifts. The period of 2007-2008 was the downturn of the recession while the period of 2009-2013 marked the recovery. ”).

Insiders

Sign Up for our Newsletter

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

article thumbnail

Inflation is Back Up – Are you Ready?

Herlitz Inventory Management

source: tradingeconomics.com. Since 2009, when Herlitz Inventory Management was founded, annual inflation has been below 3 percent in the US. source: thebalance.com. Have we lost the knowledge of how to be profitable during periods of high inflation? It hasn’t been lost here at Herlitz Inventory Management! Bank crisis.

article thumbnail

Students and Bitcoin Trading!

Supply Chain Game Changer

Regardless, directly following shipping off the virtual association in 2009, Bitcoin was first excused by most countries. In such circumstances, bitcoin is the vitally substantial source open to them. Regardless, after 2019, many began to see Bitcoin as a need and the Ultimate Weapon for being rich. Last thought.

article thumbnail

Commodity Prices Soar as Risks of Major War Footing Increase

Supply Chain Matters

Wheat prices have soared to levels that occurred in the prior global recession of 2008-2009. . We concluded that chief procurement officers, materials sourcing, procurement and supply management teams have encountered similar frustrations and associated challenges. Supply Chain Matters Added Perspectives.

article thumbnail

Lights out: China’s energy woes hamper supply chains

Resilinc

Geopolitical conflict with Australia—source of 10% of China’s coal imports—have contributed to the coal shortage. The world’s largest exporter since 2009, Chinese producers shipped $2.5 trillion worth of goods in 2019, the latest year for which data is available from the World Bank. year-on-year in August.

article thumbnail

Rivian’s Missed 2022 Production Performance and Executive Turnover

Supply Chain Matters

Reportedly, both executives departed around the beginning of 2023, with Mr. Frank recruited in 2019 from Ford Motor, and Mr. Gawronski recruited in 2018 from autonomous vehicle start-up Zoox. Previously, the company’s initial Chief Operating Officer departed at the end of 2019. Added Background.