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Innovative Approaches to Supply Chain Risk

Kinaxis

A few hours later, your procurement head walks in the office. “We This scenario played out for thousands of companies after the Japan earthquake, the Thailand floods and numerous other smaller scale disasters. Efficiency programs like lean drove us to reduce suppliers and cut inventory. Think this is a pretty unlikely scenario?

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Toyota Encounters Systems Related Production Shutdown

Supply Chain Matters

Global auto producer Toyota encountered a “ systems related ” shutdown of auto production operations across Japan according to multiple news reports. A company statement indicates that the automaker was scheduled to resume production operations by the start of the second work shift today among its 14 Japan based production plants.

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Supply Chain Risk Management in 2024: A Forward Look with Tom Linton

Resilinc

Accomplished procurement veteran and author Tom Linton provides valuable insights into the supply chain risk management landscape in 2024 in this exclusive Q&A. In this Q&A, Tom shares insightful stories from his over 20 years in procurement and tells us what should be top of mind for supply chain managers in 2024.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

A continued subdued product demand environment and added caution reportedly led to a decline in overall purchasing activity, lower levels of inventory and improved supplier delivery times. On a regional basis, Europe reportedly remained a principal drag on global factory output, along with contracting output in Japan and the United Kingdom.

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Mid-Year Assessment of 2022 Supply Chain Predictions- Part One

Supply Chain Matters

front that retailers and certain businesses may have procured too much inventory , and now that these inventories have arrived, the challenge will be not to exposed to a decline in consumer buying activity in the months to come. There is further growing evidence on the U.S. percent of GDP to 6.2 percent in June.

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Resilience and Agility in Supply Chains: Navigating Change in a Dynamic World

The Logistics & Supply Chain Management Society

The scarcity of skilled professionals in areas such as logistics, procurement, and data analytics can hinder the ability to effectively manage and optimize supply chains. For instance, during the 2011 earthquake and tsunami in Japan, Toyota’s robust supply chain resilience allowed it to quickly recover and restore operations.

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Hitendra Chaturvedi’s Reality Check

Resilinc

There are a lot of hard-headed realists in the procurement and supply chain profession. China ranks number one as the country from which companies are reshoring, followed by Mexico, Canada, India, and Japan. are: Germany, China, Japan, Canada, and Korea. The top countries that are investing in manufacturing sites in the U.S.