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What Caused the Baby Formula Shortage + 7 Ways Consumers and Companies are Coping

ToolsGroup

Data also shows that half of US states are experiencing out-of-stock rates between 40% and 50%: Image source: Flipboard. This made it incredibly difficult for manufacturers to accurately gauge the market size for production. Image source: Sturgis Journal. A Limited Number of Formula Manufacturers. Image source: MTL Blog.

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Reshaping Product Lifecycle Innovation: An Inside Look at PTC LiveWorx 2023

Arena Solutions

Since 2015, PTC has hosted LiveWorx , a global forum that brings together manufacturing executives, engineers, product designers, quality leaders, supply chain partners, and other like-minded individuals who are focused on harnessing disruptive technologies to manage uncertainty and transform their business.

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E-commerce and the Digital Path to Purchase

Enterra Insights

Retailers have always been curious about the paths consumers take when they decide something needs to be purchased. When the Internet and World Wide Web introduced consumers to online shopping (aka e-commerce), the path to purchase became much more complex. Today the digital path to purchase is growing in importance. ”[2].

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Blockchain, Beer Game, and the Bullwhip Effect

Enterra Insights

If you don’t have time to watch the video, Stank and his colleagues describe the effect this way: “ The bullwhip effect is a business phenomenon first described in the early 1960s by Jay Forrester at the Massachusetts Institute of Technology and more recently explored by researchers at Stanford University. ”[4].

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Trends 2022: Food and Beverage

Enterra Insights

The International Food Information Council (IFIC) staff writes, “As the world begins year three of the COVID-19 pandemic, we find ourselves in a decade that proves the adage, ‘The only constant is change.’ In 2020, 57% of American households purchased plant-based foods.” ” Bon appétit. Footnotes. [1]

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This Week in Supply Chain Management Tech September 8 2022

Supply Chain Matters

Our prior full edition of this column was published on July 14 and featured news related to global battery manufacturer Panasonic and warehouse services start-up Flexe. Procurement sourcing and tail spend solutions provider Fairmarkit announced the completion of a $35.6 Expands C-Suite Amid Increased Technology Demand.

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10 Greatest Supply Chain Management Books of All Time

Supply Chain Opz

Therefore, the challenge to establish ranking method is to find more economical data source and unbiased metric. From the above chart, you can see that Massachusetts Institute of Technology (MIT) and Michigan State University are on the chart. We're sure some of you've been using Google Scholar to find related publications.