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Risk Management Can Be a Competitive Advantage, Part One

Enterra Insights

The Mint staff adds, “Supply chain risk is a modern day reality and can emanate from a variety of sources, ranging from natural disasters to government policies and a host of other unforeseen events.”[2] Inevitably, these will interrupt production, increase sourcing costs, and cut into corporate revenue.”[4]

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Analyzing Supply Chain Risk

Enterra Insights

The scale of supply chain disruptions has reached new heights in recent months.”[1] A decade ago, supply chain analyst Trevor Miles ( @milesahead ) wrote, “I almost feel that we should be shouting ‘Vuka’ which in Xhosa (one of the South Africa languages) means ‘wake up.’ Footnotes. [1] Footnotes. [1]

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When local problems go global

DELMIA Quintiq

A quick Google search on supply chain delivery failures reveals many similar stories: Bombardier Inc’s problems go far beyond planes: How a failure to deliver streetcars on time has ripple effects across Canada. 58 million: the real cost of supply chain disruption in the UK.

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Top 5 Aerospace Supply Chain Disruptions of 2023

Resilinc

Despite this growth, Resilinc’s half-year data for 2023 shows that Aerospace is one of the top five industries impacted by supply chain disruptions. 1 Factory Fires Believe it or not, factory fires are the top disruption in aerospace so far this year—with 1250 reported. . #1

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Supply Chain Disruption and Digitization

Enterra Insights

Most of these devices can be connected to the Internet and can become an incredible source of information that would otherwise not available.” Most people probably don’t think about social media when they think about supply chains — that’s a mistake. ” Social media. Blockchain. Footnotes. [1]

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Preparing Your Supply Chain for 2023 – 4 Areas of Focus

Logility

Utilize scenario planning in cases such as when to onshore versus offshore to evaluate sourcing options in the wake of government intervention . Germany, South Africa, and South Korea were abundant in 2022. industry and the economy. We are advising clients to: . Last year’s shortages = next year’s oversupply 2.

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The Top 15 Omnichannel Retail Trends to Watch in 2022

ToolsGroup

Read till the end to find tips on how to execute these trends and boost ROI. Discover how inventory optimization software powered by AI and machine learning helps you optimize your future stock mix and model uncertainty into your forecast –ensuring you can deliver great customer service and maximize margins across channels.