This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Tips from the Gartner SupplyChain Executive Conference on implementing disruptivesupplychain technology and managing organizational change. Is Your SupplyChainDisruptive? Here’s What You Are Missing was first posted on June 2, 2017 at 10:07 am.
In their June 2005 paper titled, “ The Effect of SupplyChainDisruptions on Long-term Shareholder Value, Profitability, and Share Price Volatility ,” Kevin Hendricks and Vinod Singhal report the following findings from their research: Disruptions have a negative across the board effect on stock price, profitability, and share price volatility.
Supplychaindisruptions continue to grow at an alarming rate, according to a new study, 2018 EventWatch SupplyChainDisruption Report, by Resilinc. In addition to natural disasters, factory fires continued to be a significant threat to supplychains. .
I’ve never given a supplychain presentation in Spanish. I’ll be doing both for the first time in a couple of weeks at Seminarium’s Logistics & Operations Conference 2017 (October 18th in Santiago, Chile). The integration of supplychain visibility solutions with real-time risk event data is a growing trend in the industry.
The 2017SupplyChain & Logistics EMEA summit & expo was one such opportunity. About three hundred supplychain professionals from various pockets of the world representing manufacturers, retailers, logistics providers, and technology vendors took part in the summit. It made me pause and reflect.
However, before we go congratulating ourselves too much, supplychain shortages are still hitting the consumer where it hurts – in their wallet (and their taste buds). In October of 2019, I wrote about the food supplychain being at risk. Avian flu continues to be a thorn in the side of the poultry industry.
Nike Earnings Reflect SupplyChainDisruption Complexities. In 2017, Flytrex successfully launched the world’s first fully autonomous urban drone delivery system in Reykjavik, Iceland, and we covered that initiative in these pages on June 15, 2018. Walmart Opens First of Four Next Generation Fulfillment Centers.
1] Leigh Alexander, “ Why it’s time to retire ‘disruption’, Silicon Valley’s emptiest buzzword ,” The Guardian , 11 January 2016. [2] 2] Ryan Bradley, “ Time to retire the word ‘disrupt’ ,” Fortune , 12 July 2013. [3] Footnotes. [1]
by Prasad Satyavolu Last week, Trevor Miles wrote “ SMAC in the Middle of SupplyChain Change ” and it made me recall the dozen or so articles I’ve read recently on the Internet of Things (IoT). More and more sensors are getting embedded in the “things” and leading to an explosion of information availability.
Target acquired Shipt in 2017 to provide the foundation of its same-day delivery. Business intelligence helps merchants adapt to consumer behavior shifts, like it has helped countless others navigate supplychaindisruptions and other challenges.
Founded in 2017, and located in Scottsdale, Arizona, Emerge is one of the fastest-growing technology startups in the U.S. Shipper problems: Shippers are experiencing unprecedented challenges including supplychaindisruptions, driver shortages, truck capacity problems, high gas prices, price volatility, and port delays.
The increase in extreme weather events is becoming commonplace for the supplychain community and the challenge of managing around these supplychaindisruptions is the new norm. Natural disasters and supplychaindisruption. Let’s just look at some events: 2017 – Hurricane Irma (plus others).
Their global team is talking a minimum of once a week in terms of the global supply and demand situation. When a supplychaindisruption occurs, it is not uncommon for complex equipment and automotive manufacturers to have different plants in their company fight each other for the same components.
While not completely protecting them from the supply shocks that occurred during the pandemic, it allowed them to respond to their customers with greater speed and agility, manage costs, and provide options when a supplychaindisruption occurred. Hanjin was a major carrier for Molex.
The companies that had a program to deal with supplychaindisruption were in much better shape than those that didn’t. The news is reporting that supplychains are going to be disrupted this holiday season, so more and more consumers are starting early. The Holiday Season. About Logistyx Technologies.
by Bill DuBois Much has changed in the world of supplychain since we published our last batch of supplychain jokes. Supplychaindisruptions continue to be the norm. Shifting demographics and supplychain talent questions leave many of us in the field scratching our heads.
Average Performance Metrics for Consumer Nondurable Industry for the Period of 2010-2017. ” It can include uncertainty, disruption or volatility. The increase in risk due to cyber hacking is a change to prior studies with cyber threat increasing in the supplychain. Top Events Leading to a SupplyChainDisruption.
Technology and innovation drove many conversations in the global logistics and supplychain industry in 2017. Those topics reigned among the top posts here on Connect , too—as did posts about managing supplychaindisruption and global shipping projections.
ORCA Cold Chain Solutions (ORCA) was founded in 2017 as a subsidiary of ISOC Holdings. LogiSYM SupplyChain Magazine – October/November 2020. Information Sharing Communities for Digitally Enabled SupplyChain Visibility – LogiSYM October/November 2020.
Food inflation is a risk from a supplychaindisruption. In the Interos article they stated that the 2017 NotPetya attack on Ukrainian tax reporting software spread across the world in a matter of hours. The attack disrupted ports, shut down manufacturing plants, and hindered the work of government agencies.
Technology and innovation drove many conversations in the global logistics and supplychain industry in 2017. Those topics reigned among the top posts here on Connect , too—as did posts about managing supplychaindisruption and global shipping projections. Start off 2018 with us.
Technology and innovation drove many conversations in the global logistics and supplychain industry in 2017. Those topics reigned among the top posts here on Connect , too—as did posts about managing supplychaindisruption and global shipping projections. Start off 2018 with us.
Between 2015 and 2016, earthquakes in Japan and explosions at a container storage station in China affected parts of the company’s supplychain. Then in 2017, the Tubbs wildfire burned down two structures at the company’s headquarters and damaged others. For Keysight Technologies, this isn’t a hypothetical scenario.
The scale of supplychaindisruptions has reached new heights in recent months.”[1] 1] James Johnston, “ Minimising supplychaindisruption with advanced analytics ,” IT in the SupplyChain, October 2021. [2] ”[1] Risk managers have a term for these conditions: VUCA.
Luxottica recently strengthened its position in the industry by vertically integrating with the world’s largest lenses manufacturer, Essilor, in January 2017 [2]. With expected sales of $250 million in 2017, Warby Parker sales are projected to be split 50/50 between online and brick-and-mortar [5]. 4] [link] , accessed July 20, 2017.
Supplychaindisruptions are inevitable, whether resulting from natural disasters, technical failures, worker strikes, or other unforeseen incidents. What can supplychain managers do to ensure that action is taken quickly and efficiently when disruption strikes?
The 2024 hurricane season is expected to be extremely active, with multiple forecasts predicting above-average activity, increasing the potential for supplychaindisruptions. For example, during Hurricane Harvey in 2017, the total trucking freight load fell by 10%. This can lead to increased freight rates.
To look at what risks will affect the supplychain in 2018, Rob Savitsky of AIR Worldwide ( a member of the MIT Center for Transportation & Logistics SupplyChain Exchange program), wrote a blog for MIT discussing three broad categories of supplychain risk. Natural Catastrophes.
Major supplychaindisruptions due to weather related incidents are on the rise, and one can’t dismiss these as a “once in a century” event any more. as supplies tighten. A month later (March), many remained offline, and analysts said it could be months more before all are fully back.
For the 10 years between 2007 and 2017, the promotional products businesses grew steadily. This dramatic tariff increase caused a chain reaction resulting in price increases that spread like wildfire across the entire industry. The Second Blow — COVID-19, SupplyChainDisruption and Lack of Inventory.
IBP can support a company’s vision by positively influencing its values and behaviors, thus actively shaping the company’s culture (Van Hove, 2017). In my benchmark survey (Van Hove, 2017), only 25% of survey participants answered yes to the question ‘ We have a relentless focus on only what is important for long term business objectives ’.
percent of the country’s total bilateral trade, in the fiscal year 2017-2018 (the latest stats available). These figures indicate the extent of Australia’s exposure to the severe supplychaindisruption being experienced in China, following the outbreak of the Coronavirus epidemic in December. billion (AUD), or 24.4
Founded in 2017, and located in Scottsdale, Arizona, Emerge is one of the fastest-growing technology startups in the U.S. Shipper problems: Shippers are experiencing unprecedented challenges including supplychaindisruptions, driver shortages, truck capacity problems, high gas prices, price volatility, and port delays.
The short-term effects of supplychaindisruption have severely impacted all manner of businesses worldwide.”[2] As a result, Elfman reports one of the changes many supplychain managers are implementing is a just-in-case (JIC) approach. ”[2] Elfman, however, is an optimist.
These include the COVID-19 pandemic, global supplychaindisruption, and an ongoing labor shortage.” “Technology provides two key advantages in dealing with this type of unpredictable disruption,” he writes. ” I’ll let you decide if the retail sector has evolved or been revolutionized.
”[5] They continue, “Throughout the pandemic, blame for global supply-chaindisruptions has bounced from COVID-19 outbreaks to container shortages, from spendthrift Americans gorging on garden tools to a massive ship beaching itself across the Suez Canal in March. Footnotes. [1] Footnotes. [1]
As developments regarding industry supplychaindisruptions continue unabated, businesses now increasingly face the sting of higher supplychain and transportation driven costs impacting the bottom line. One of the high-flying start-ups that is addressing the needs of smaller regional fleets is Uber Freight.
In the years leading up to the Covid-19 pandemic, most people paid little attention to supplychain operations. Supplychaindisruptions dominated the headlines. People suddenly understood what had always been true: supplychains shape our lives. Following the outbreak, that all changed.
These can be used to develop risk mitigation plans for potential supplychaindisruptions. When a disruption takes place (e.g. As we dive into the challenges and opportunities 2017 will bring, why not wish for something extra in our Easter baskets?
On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases. Image via StarAir.dk). Behind the Maersk shift.
According to Synergy Research Group, the market has almost tripled in size since late 2016, with spending on cloud infrastructure services rising 51% from the first quarter of 2017. It’s no wonder we listed it as our #2 most influential supplychain trend for 2018. The Era of Blockchain. What’s To Come?
They explain, “In the wake of supplychaindisruptions due to coronavirus, several experts have reiterated the need to obtain more visibility across the chain. … Obtaining this visibility is considered key to optimizing supplychain efficiency and agility during normal production.
Supplychaindisruptions are inevitable. Unpredictable consumer behavior, traffic patterns, port behavior, severe weather, natural disasters and labor unrest are all examples of external events that can cause supplychaindisruptions that lead to increased costs and customer service challenges.
A new report from the industry association E-commerce Europe found that there was a 15% growth in 2016 and the industry is predicted to be worth €602 billion by the end of 2017. That would represent a further 14% year-over-year growth.” ( Whistl, 2017). Whistl (7/1/2017). Purchasing Power. Accessed 10/31/2022 From [link].
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content