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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

Advanced planning evolved with a focus on modeling manufacturing constraints. Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. Procurement: Purchase price variance and procurement cost.

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Supply Chain Fraud 101

Logistics Viewpoints

Weather delays can affect shipping lanes, manufacturers face product shortages, demand continues to spike for certain products, containers are difficult to acquire, and the trucking industry faces a driver and capacity shortage, just to name a few. When we think of fraud in the supply chains, often we think about organized cargo theft.

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Supply chain shockwaves from the Taiwan earthquake

Resilinc

Taiwan is the global leader in semiconductor manufacturing, producing over 60% of the world’s semiconductors and over 90% of the most advanced chips. The majority of advanced chips are made by the Taiwan Semiconductor Manufacturing Company (TSMC), which makes chips for Apple and Nvidia. Multiple wharfs at the port suffered bulging.

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Straw Pallets – A Game Changer?

The Logistics & Supply Chain Management Society

Wood pallets used for export shipments also contain an unhealthy level of formaldehyde due to fumigation, posing an unnecessary health risk for cargo handlers. As a matter of fact, the smog generated from refineries to extract polymers from crude oil to manufacture plastic is already posing a major health and environment risk to us!

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Risk Management in Halal Supply Chains

The Logistics & Supply Chain Management Society

Halal risk management practices of most companies are passive, meaning it is limited to the compliance of suppliers and their own (manufacturing) operations based on the requirements of the halal certification body and their halal standard(s). On the other hand, halal risks in the entire supply chain are not on their radar screens.

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Looking Beyond Blockchain/Supply Chain Hype

Enterra Insights

The blockchain has the potential to transform the supply chain and disrupt the way we produce, market, purchase and consume our goods. Cheng-Shorland explains, “Supply chain is driven in large part by the procurement process. Everything moves through the process based on the procurement contract.” ”[2].

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Using Technology to build Sustainable Supply Chains

The Logistics & Supply Chain Management Society

Until recently, most businesses saw commitment to environmental, social and governance (ESG) standards, as a charitable move that lowers returns on investment. Armed with better data, companies can develop accurate supply and demand forecasting models, localise the procurement of resources and restructure contracts.