10 Vital Supply Chain Lessons from the Coronavirus Pandemic!

Supply Chain Game Changer

Iran and Spain were highly infected. A natural starting point is the level of single, or sole sourcing, that is put in place. A sole source is a supplier selected because they are uniquely able to provide the materials or components, whether by virtue of intellectual property or other means of going to market with exclusivity. While sole sourcing can provide competitive advantage, and while single sourcing can provide enhanced terms (eg. Subscribe Here!

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Ignore Supply Chain Risks… At Your Own Peril!

ivalua

The uncertainty surrounding Brexit aside, other recent events, like growing tensions with China and Iran , are daily reminders that today’s global business ecosystems are precarious. These days, procurement organisations cannot afford to ignore leave risk management off their list of top priorities. Protecting your business from these disruptions is challenging, because they can originate from so many different sources.

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New: Global Trade Map 2016

Supply Chain Movement

Free Trade Agreements (FTAs) and Preferential Trade Agreements (PTAs) are designed to boost economic growth through trade by opening markets by way of progressive removal of customs duties, eliminating or reducing trade barriers and tariffs, lifting restrictions on services and even through public procurement. Iran, Islamic Republic of. Uncovering and mitigating trade risks in international operations.

Sorry, I’m Not Sure: Supply Chain and Logistics Predictions for 2018

Talking Logistics

Source: Evan, Flikr. “I SophiaTX Open Source Platform to Integrate SAP, Blockchain. And you can’t forget about the other Unpredictables: Iran, Russia, China, and ISIS; all of these entities could have a destabilizing effect on world peace and prosperity. If they actually follow through on their promise and oil prices continue to rise next year, how will transportation, inventory, and sourcing policy decisions change in response?

I Will Be Wrong Again: Supply Chain and Logistics Predictions for 2017

Talking Logistics

The answers to those questions and more could significantly impact supply chain strategies, everything from sourcing decisions to network design, which is why my prediction from two years ago — that more companies will start treating Supply Chain Design as a continuous business process — is now a critical necessity. Russia, Iran, North Korea, and ISIS : Call them “The Unpredictables” (you can probably add China to the mix too).