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Two Indices of Supply Chain Activity Noting Supply Chain Volatility Trending

Supply Chain Matters

Our stated takeaway from for the Q1 data was that indices were no longer reflecting the optimism indicated in February, and instead that of growing headwinds and added geopolitical concerns related to effects of the Ukraine conflict and China’s potential economic stumble as a result of a strict COVID-19 isolation policy. s major retailers.

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Continued Disruption and Added Cost Inflation Reflected in Key Global Transportation and Logistics Indices in March and Q1 2022

Supply Chain Matters

One of the more concerning areas at this time is that of China , where one of the most troubling outbreaks of COVID-19 infections, and consequent containment policies from China ’s regulators, continue to impede trucking transportation, ocean input and export movements. Because of this, both Inventory Costs (91.0) US Logistics Index.

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When the Heavy Hand of Government is Not a Burden

MIT Supply Chain

An example in the supply chain space is US maritime policy. The State of Ohio, for example, is buffering its PPE inventories, for example. Supply chain professionals know that risk pooling – where vital global inventories are co-managed as a common resource – is critical in maximizing the impact of a scarce commodity.

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50 expert tips on logistics planning and strategy

6 River Systems

Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. As we just mentioned, updating your inventory count in real time ensures that your customers can’t order products unless they’re in stock. .

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Are Procurement and Logistics Executives Aligned When Faced with Current Supply Chain Challenges?

NC State SCRC

Procurement and supply chain executives are on the “same team” – and in general, a recent study conducted by the SCRC and GEP suggests that there is strong alignment between the two functions when it comes to prioritizing lower risks and reducing uncertainty in supply chains. And the older brother of speed is visibility.

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Supply Chain Management in a VUCA World

Enterra Insights

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more.”[2] ”[4] Many of the policies and actions of the current U.S. Carey School of Business, explains what it entails.