article thumbnail

How the Semiconductor Shortage Could Have Been Averted

QAD

The chip manufacturers began shifting their manufacturing capacity to these other industry sectors who were now begging for supply. Very similar to the crisis in 2008-2009 and much to the surprise of industry analysts, automotive demand came back much quicker than expected. Preventing Future Auto Supply Chain Disruptions.

article thumbnail

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

ToolsGroup

A few months ago, we highlighted a major theme from Gartner’s Supply Chain Planning Summit in our blog: winners change their mindsets–and accelerate through economic turns. Commonly companies will use a “firefighting” response in times of supply chain disruption in order to meet service levels.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Coronavirus Increases Supply Chain Risk Management Priority

Enterra Insights

According to Brent Moritz, an associate professor in supply chain management at Penn State University, pandemics represent a special kind of supply chain disruption and he discusses seven dimensions that demonstrate why.[3] Demand vs. supply. Many supply chain disruptions affect supply.

article thumbnail

Key Takeaways from the BGSA Conference with Ben Gordon

The Logistics of Logistics

Our philosophy is to invest in companies where our operating expertise and in-depth supply chain knowledge can help our portfolio companies achieve outstanding value. Cambridge Capital leverages BGSA’s unique approach to strategy-led investment banking for the supply chain.

article thumbnail

Achieving enterprise-wide adoption of supply chain risk management

Resilinc

The unprecedented supply chain disruptions caused by COVID-19 provide potent arguments for supply chain pros seeking greater support of SCRM from C-level leaders. Coronavirus = new perspective on risk management in supply chains.

article thumbnail

Strategic Procurement: 4 Tactics for Economic Recovery in 2021

ivalua

When Covid-19 hit, supply chains across the globe nearly came to a halt. According to Accenture, 94% of Fortune 1000 companies saw supply chain disruptions and 75% had negative or strongly negative impacts on their businesses due to the pandemic.

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. . Supply Chain Matters Added Perspectives. We concluded that chief procurement officers, materials sourcing, procurement and supply management teams have encountered similar frustrations and associated challenges.