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SupplyChain & Logistics News Round-Up (October 7th – 11th) This past week, I’ve been playing tourist in London, one of my favorite cities in Europe. In the context of supplychains, I found the exhibit fascinating and saw that the obsession with foreign objects has persisted throughout history.
This ambitious initiative is set to transform various aspects of the supplychain, from manufacturing and job creation to research and development, infrastructure upgrades, and sustainability efforts. As part of this package of U.S. is a strategic move to enhance domestic production.
In a survey of 150 global manufacturing executives, 47% committed to improving supplychain visibility and tracking. According to the Global SupplyChain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment. What is supplychain visibility?
Malcolm McLean, a trucker from NorthCarolina, was tired of waiting. He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supplychains. The myth of the “perfect plan”.
Supplychain sustainability is a higher priority than ever. In MIT’s State of SupplyChain Sustainability 2021 , 80% of executives surveyed said the pandemic either had no impact on their commitment or increased it. We must plan, source, make, and deliver differently for supplychain sustainability.
I work in supplychain. If I had done due diligence, I’d have seen the warnings – the retailer had pretty pictures on their website, but their supplychain failed them, creating an eleven-month saga and unhappy customer. The failure was in supplychain orchestration – connecting planning to execution.
The future of supplychain I foresee brings new risks and challenges, along with recognition that doing things the same way will no longer lead to the same success. Just as the saguaro is both nursed by and supports life in its ecosystem, it behooves supplychains to invest in their ecosystems, both suppliers and employees.
Vaccinating the SupplyChain with Andrew Kelley. Andrew Kelley and Joe Lynch discuss vaccinating the supplychain. Andrew is the Chief Commercial Officer at BoxLock , a company that facilitates secure vaccine transfer for biotechs, manufacturers, labs, hospitals, and clinics. About Andrew Kelley. About BoxLock.
Few organizations are immune to the effects, which are acutely felt in supplychains — and the more complex they are, the greater the probability of interruptions. The study found that these leaders considered the largest gap to be between supplychain and procurement, citing it as a major issue. Collaboration is Key.
states, obvious disruptions to supplychains and supplychain risk management were a given. Many of the states affected contained key ports and supply destinations, as well as transportation and logistics hubs. The human links of the supplychain were stressed. These ports accounted for 18.3%
The dramatic spread of COVID-19 has disrupted lives, livelihoods, communities and businesses worldwide and created supplychain heroes across the globe. Here are just a few examples of innovation involving manufacturing and distribution of medical supplies, cleaning products, paper goods, and food & beverage.
Smart Manufacturing has been making a lot of noise in the manufacturing industry, mostly due to how automation can greatly improve manufacturing operations through enhanced productivity. Also known as the “ New Industrial Revolution ”, this may indeed drastically shift the entire world of manufacturing. So, what is it?
In a relatively simple application, Cary, NorthCarolina is using the IoT to track the condition of its traffic lights. Manufacturing and Healthcare. The IoT has already begun to transform manufacturing. Smart Cities. Sensors, RFID tags, and smart beacons have been in place for several years.
As your business grows, a NorthCarolina logistics hub could make sense for many reasons. NorthCarolina offers a dynamic economy in a place where people want to be. Statistics show that NorthCarolina is growing at twice the national average. NorthCarolina’s value as a logistics hub is no small reason why.
by Melissa Clow This guest post comes to us from Jim Fulcher , Blogger on the SupplyChain Expert Community. The outcome is expected to either significantly impact an existing automotive supplier network or prompt manufacturers and suppliers to move or begin operations. What supplychain risks do you see?
Rob Handfield, Bank of America Professor of SupplyChain Management with the SupplyChain Resource Cooperative in the Poole College of Management at NorthCarolina State University, discusses the reasons behind the current worldwide shortage of ocean containers, and what carriers and manufacturers must do to solve it.
GEP and the NorthCarolina State University (NCSU) SupplyChain Resource Cooperative surveyed supplychain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supplychain resilience and optimization.
NorthCarolina, the Tar Heel State. NorthCarolina is first in something else too: business. In this article, we’ll examine the business and logistics characteristics of the state and explore the advantages your operation can enjoy by locating your distribution centers in NorthCarolina.
NorthCarolina has once again been recognized as the “Best State for Business” by CNBC. And factors related to logistics in NorthCarolina remain a big reason. CNBC Best State for Business NorthCarolina continues to rack up the ‘best state’ awards. in terms of favorable business costs.
SupplyChains in VUCA Environments with Jim Tompkins. Jim Tompkins and Joe Lynch talk about SupplyChains in VUCA Environments. Jim is the Founder and Chairman of Tompkins International, a company that helps clients achieve supplychain excellence and profitable growth. About James Tompkins. Dr. James A.
Cyberattack on Toyota’s supplychain shuts 14 Japanese factories. Xerox addresses $300m backlog due to supply shortages. As Clint Reiser pointed out earlier this week, the Russian invasion of Ukraine is impacting global supplychains. Ukraine in the news: War in Ukraine disrupts ships around the globe.
In uncertain times, companies will do all they can to keep their supplychains moving while reducing costs. In this article, we’ll take a closer look at FTZs: what they are, how they could benefit your company, and why NorthCarolina just may be the perfect place to locate one. location to operate an FTZ: NorthCarolina.
The question was simple, “What will be the impact of Hurricane Florence on the supplychain?” NorthCarolina, South Carolina, Virginia and Georgia sit squarely in the storm’s path. Each state has a rich manufacturing economy. Plot Your SupplyChain Risk. Expect surprise.
Andrew Kelley is a global technology executive focused on logistics and supplychain software. Andrew has an MBA from Harvard Business School, an MSME from MIT, and a BSME from NorthCarolina State University. [1:15] I’ve also driven for the NorthCarolina Department of Transportation. [2:17]
Due to warehouse congestion and very tight truck capacity further down the supplychain, some of these terminals are unable to get product moving outbound quickly enough to make room for the inbound freight. A new intermodal rail terminal in NorthCarolina. and Canada.
Rebecca Brinkley, Director of Marketing and Communications at the American Gear Manufacturers Association, writes, “As the last of the baby boomers round their way up to 60, companies are slowly realizing that their retiring leadership is leaving gaps in intelligence and historical knowledge that threaten the future.”[1]
Commercial aircraft designer and producer Airbus announced its commercial aircraft divisions and associated supplychainsupply networks aircraft delivery goal for 2025. Concerning the Airbus A350 twin aisle wide body aircraft, the fuselage sections were being produced at a Spirit facilities in Kinston, NorthCarolina , and St.
Discover why experts predict robust storms and how to safeguard your supplychain. The 2024 hurricane season is expected to be extremely active, with multiple forecasts predicting above-average activity, increasing the potential for supplychain disruptions. Resilinc’s data reflects this change.
This week, the company announced a reversal in manufacturing and supplychain strategy, as well as a major turnabout. The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. Pivot Toward Internal Manufacturing Presence.
Author’s Note: Below is an excerpt from Moving Up the SupplyChain Maturity Curve: The Process Industry Executive Agenda for 2016 and Beyond , a white paper recently published by Elemica with research conducted by Adelante SCM. When it comes to supplychain management, however, many companies are far from achieving that swing.
We salute the year’s top advancements in supplychain technology and processes. Thanks to omni-channel distribution, 3-D printing, self-service logistics and other avenues of disintermediation, traditional supplychain roles are rapidly being transformed into all-new opportunities. Warehouse Automation. Media Type.
I helped create the first North American chapter of BVL International in the Carolinas, and we hosted two meetings at Volvo in NorthCarolina and Thyssen-Krupp in South Carolina. We just finished hosting over 150 executives at our SupplyChain Resource Cooperative, with a theme on SupplyChain Analytics.
The Nonwovens Institute in the NorthCarolina State College of Textiles has stepped in to convert much of its equipment over to production of a new material that involves just a single ply mask, an important innovation that will allow the team to begin production of massive amounts of materials for masks.
Disruption is generally anathema in supplychain circles. 2] That may be true; nevertheless, Luigi De Bernardini ( @ldebernardini ), CEO of Autoware, asserts, “Digitalization is impacting and probably disrupting the supplychain — or at least the traditional concept we have for supplychain.”[3]
In today’s rapidly evolving automotive industry that is significantly impacted by macroeconomic challenges, government regulations, geopolitical tensions, software proliferation, and changing customer expectations, optimizing supplychain processes has become crucial for maintaining a competitive edge.
If you’re a manufacturer, you likely know the answer. See, there’s a big difference between handling inbound logistics yourself and outsourcing it to a trusted NorthCarolina third-party logistics (3PL) provider that knows the manufacturing industry. Why don’t manufacturers just kit their own parts?”.
I live on the coast of NorthCarolina and in my part of the world it is officially hurricane season. All of this started me thinking of analogies for my friends and QAD’s customers in manufacturing. Some storms will make landfall in distant regions and disrupt our suppliers or other connected geographies and supplychains.
Subscribe to SupplyChain Game Changer. Exploring the Automotive Chip Shortage SupplyChain! But with the impacts of the pandemic , and environmental concerns as to sustainability, its time to explore the true condition of the Christmas tree SupplyChain? Supply Issues in the Christmas Tree SupplyChain.
That’s the prognosis from experts—including those at Resilinc—about the chaos that is swamping global supplychains and undercutting the economic recovery. Since January 1, Resilinc’s commodity tracking tool has alerted customers to more than 100 events that signaled or portended tightening supplies and rising prices for aluminum.
is bringing a piece of its supply-chain operations in-house as the company reviews broader operations and management of its distribution.” As reported last week in the Wall Street Journal , “Ralph Lauren Corp. an arm of XPO Logistics Inc.—into into a new, far larger distribution center that the fashion retailer will operate. “As
Successfully rolling out a supplychain management system can be an extraordinarily complex and stressful project – not to mention expensive. In this guide to implementing supplychain management systems: What is a supplychain management system? Why implement a supplychain management system?
For companies within the healthcare and pharmaceutical industries, the pandemic has further highlighted the importance of supplychain visibility. Supplychain visibility in the wake of COVID. Shortages of these supplies made headlines and shone a light on the lack of visibility within the healthcare supplychain.
The recent devastation wrought on Western NorthCarolina is devastating. Intravenous (IV) Bags Shortages caused by Hurricane Helene have forced hospitals all over the country to begin postponing surgeries as a way to ration supplies for the most fragile patients. But there is another effect, that the media is often not aware of.
manufacturing of drugs, semiconductors and other critical products, supplychain managers in the life sciences industry continue to pivot from the pandemic to proactively analyzing supplychain risks and evaluating options to develop more resilient supplychains.
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