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From electronics manufacturers to retail giants, companies are grappling with a complex landscape of rising duties and other supplychain challenges. The stated aim of those measures is to bolster domestic manufacturing and reduce reliance on foreign supplychains. In the U.S., An estimated 60% of U.S.
Three years ago, I wrote a popular post highlighting “ 5 New Year’s Resolutions for SupplyChain and Logistics Executives.” Stop viewing technology as a silver bullet. For related commentary, see “ There’s No Silver Bullet for SupplyChain Visibility ” and “ Forget Innovation, Just Execute Better ”.
Managing the flow of goods within the apparel industry requires an extensive and well-established supplychain network. Since this particular industry is insanely fast-paced, any problem within the supplychain can lead to a loss of sales for the business. There are countless benefits of having an optimized supplychain.
billion metric tons—gets lost or wasted. What’s more, net food losses in developed countries (222 million metric tons) equate to nearly all of the food produced in Sub-Saharan Africa yearly (223 million metric tons). Every year, one third of the food produced in the world for human consumption—or 1.3 This is all about to change.
If there’s anything we’ve learned in the last year, it’s that prediction is not only much more complicated than it looks, and that the volatility and uncertainty that exists in the global supplychain operating environment is making life a whole lot LESS unpredictable.
Supplychain and logistics consultant, educator, and podcast host Rob O’Byrne has over 40 years of supplychain experience. He has been helping companies design more profitable supplychains for over 25 years, most of them as founder and CEO of Logistics Bureau. Highlights from the Conversation.
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Can you identify all your suppliers in the supplychain? A recent Quality Digest article suggested that “ethical supplychain management is being fueled by consumer demand, profitability, and visibility. Can Your Business Answer These Questions Around ESG Issues and CSR? In the U.S., and across Europe.
In a typical global supplychain, involving multiple tiers of production, the chances of failure are alarmingly high. A former journalist, she first became aware of the need for an intensive training regimen in Bangladesh, site of multiple labor violations and worker deaths. You don’t change the world in a minute.”
By some counts there are an estimated 11,000 garment factories in Bangladesh alone, many of them small and off the grid. Now, there’s an effort afoot to digitally map every garment factory in Bangladesh. The goal, says Bonanni, is “to make the Bangladesh apparel sector transparent, and be recognized globally as official.”
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