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2024: Planning for Success Amid the Uncertainty

Logistics Viewpoints

As Alan Amling at the University of Tennessee put it, “2024 is riddled with uncertainty.” Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Typically, we make it at least one month into the new year before we have to revise our plans.

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Modernizing MRO using AI with Paul Noble

The Logistics of Logistics

Noble graduated cum laude with a bachelor’s degree in management and marketing from Lincoln Memorial University in Harrogate, Tennessee. For manufacturers: Optimizes inventory and harmonizes data to reduce costs, improve visibility, and make better sourcing decisions. Industrial Distribution business unit.

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Supply Chains and Climate Change: Adapt or Die

Enterra Insights

Inevitably, these will interrupt production, increase sourcing costs, and cut into corporate revenue.”[1] ”[3] Too few companies map their supply chains all the way to where their raw materials are sourced. mechanisms such as mandatory due diligence on adaptation and incentivized public procurement). 7] They are: 1.

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Additional Investment in US Based Automotive EV Supply Networks

Supply Chain Matters

Supply Chain Matters highlights an additional strategic sourcing announcement involving the future production of electric powered autos and vehicles in North America. Announcement. South Korea based LG Chem announced this week a planned $3.2 The facility reportedly will supply battery component needs for U.S. and other global regions.

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China Restricts Exports on Two Chip Metals, Raising Supply Chain Concerns

Exiger Perspectives

The New Trade Controls Will Likely Prompt Companies to Identify Alternative Sourcing Methods China’s move to restrict exports of two metals used in chipmaking and other goods poses a new threat to global supply chains, and makers of consumer electronics, solar cells, and semiconductors could see disruptions soon. In the U.S.,

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Blockchain, Beer Game, and the Bullwhip Effect

Enterra Insights

Three professors from the University of Tennessee, Ted Stank, Tom Goldsby ( @ThomasGoldsby ), and Lance Saunders, warned back in June 2021 that the bullwhip effect was already in play. ” They agree with the professors from the University of Tennessee that part of the solution is to counter the bullwhip effect. ”[4].

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Unpacking Sourcing Business Models: 21st Century Solutions for Sourcing Services

Supply Chain 24/7

This white paper is a collaborative effort among the University of Tennessee, the Sourcing Industry Group, the Center for Outsourcing Research and Education, the International Association for Contracts and Commercial Management, and was the inspiration for the 2015 book, Strategic Sourcing in the New Economy: Harnessing the Potential of Sourcing Business (..)