Remove Inventory Remove Puerto Rico Remove Sourcing
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Blockchain & Supply Chain Visibility: Will Blockchain Finally Eliminate Supply Chain Black Swans?

GlobalTranz

Supply chains struggled for months to return to operation, and in some areas, such as Port Aransas and Puerto Rico, recovery from the disastrous season is still on-going, eight-months after landfall, reports the Statesman. Creating a centralized source of information necessary to mitigate losses.

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4 Things We Learned this Hurricane Season About How Companies Use Tech to Help Communities

BlueYonder

Retailers use the cone to determine store locations in areas most likely to be hit to prepare almost prescient inventory levels. Retailers use a control tower with technology for visibility into inventory on the move and across their store locations. They also look at inventory levels and gaps in processes.

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Supply Chain Best Practices: Preparing for the Worst

Elementum

Potential Sources of Disruption. Identifying sources of risk and developing a plan are only part of the story. What alternative plants/factories/sources of supply do they have at their disposal? Unplanned IT or telecommunications outage. Cyberattack and data breach. Loss of talent/skills. Outsourcer failure. Weather event.

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What About Them Apples?

Supply Chain Shaman

A shortage of pharmaceuticals in Puerto Rico. If we look back at history, 70% of companies implemented Vendor Managed Inventory (VMI), however two-decades later only 1% of companies use VMI processes to drive a better demand signal. Inventory strategies and processes to absorb the error. One thing is clear.

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If You Can’t Stand the Fire, then Tame It: Chef José Andrés and Supply Chain Management

Elementum

A Source of Inspiration In the constant chaos that is supply chains these days, it’s often difficult to find good news. One consistent source of inspiration over the last few years has been the humanitarian work being done by José Andrés. Tl;dr José Andrés is most famous for his acclaimed, Michelin star restaurants. Things are bad.

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Hurricane Harvey & Irma's Threat on the Product Economy

Elementum

In Puerto Rico, more than a million people were left without power and 50,000 without water. Price spikes haven’t been seen yet because companies are still burning through existing inventory. Companies may also consider sourcing its supplies from manufacturers located in countries with lowest risk of disasters.

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How the Supply Chain Can Thrive in the Face of Natural Disasters

Material Handling & Logistics

In a similar fashion, when Puerto Rico was struck by Hurricane Maria last year, the supply chain of two of the island’s most important industries—pharmaceuticals and medical devices—ground to a complete halt. How then can your business protect itself from the risks of such overwhelming supply chain disruptions?