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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

75% of companies felt negative or strongly negative impacts on their business due to supply chain disruption ( Accenture ). It is estimated supply chain disruptions and inventory shortages affect 4% of inventory for some large companies, and 40% of inventory for smaller companies. Source: Consultancy.UK. higher than 2020.

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Is Your Supply Chain Ready for the Recession?

Enterra Insights

”[2] Hunter Williams, a Partner at Oliver Wyman, writes, “Recessions can be make-or-break moments for most retailers, consumer products companies and service companies like those in travel and hospitality. Companies are already well into this challenge. Nevertheless, there are still things we can learn from the past.

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My Vision for Supply Chain 2020? Deep Integration!

Arkieva

The question was how I imagine the Supply Chain in 2020. What strikes me the most when I’m consulting or teaching companies is the lack of integration in today’s supply chains. Sourcing in low cost countries could lower cost but increases inventories and inventory risk (write-offs). The post My Vision for Supply Chain 2020?

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Why Do Businesses Still Have Data Silos?

Enterra Insights

Adams argues, “Companies that really want to make the most of data both now and in the future will need to create a nuanced approach to data collection, analysis and exploitation. At the same time, it has never been easier or cheaper to store all the sources of data and harmonize them into data sets that anyone can understand.

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Inflation is Back Up – Are you Ready?

Herlitz Inventory Management

Around 1980, Anders left IBM and started his own company where he introduced the Forward Buying Module, which gave much-needed financial support to his wholesaler customer base. source: tradingeconomics.com. Since 2009, when Herlitz Inventory Management was founded, annual inflation has been below 3 percent in the US.

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Strategic Procurement: 4 Tactics for Economic Recovery in 2021

ivalua

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. When Covid-19 hit, supply chains across the globe nearly came to a halt.

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Lights out: China’s energy woes hamper supply chains

Resilinc

But mining companies are facing serious headwinds: a series of mining accidents and Premier Xi Jinping’s 2020 pledge to cut coal usage as part of the country’s response to climate change. Geopolitical conflict with Australia—source of 10% of China’s coal imports—have contributed to the coal shortage. year-on-year in August.