There is one crucial element that cannot be overlooked if we are to achieve antifragility: budling strong supplier relationships.
Category: Supply Chain
Antifragile supply chains are the next evolution in supply chain excellence. Last month, I wrote about the importance of building resiliency into your supply chain. A lack of resilience and responsiveness in the wake of unforeseen circumstances can put your business at risk of hemorrhaging money. Yet, supply chain disruption is sometimes unavoidable; breakdowns occur. …
Antifragile Supply Chains: The Next Generation of ProductivityRead More »
Building a resilient supply chain is more crucial than ever, especially in the current geopolitical climate.
Let me let you in on a big secret: Procurement professionals are not there to deliver cost savings. They are enablers to profitable growth through sound strategic sourcing practices. Strategic sourcing. What the heck does that even mean? Strategic sourcing is a way of looking at procurement within your supply chain strategy as something far …
Procurement Drives Business Value Through Strategic SourcingRead More »
CEOs, are you ready for the future? My latest newsletter reveals the top concerns and priorities for C-suite leaders in 2024, and it’s all about AI! Discover how AI is being used to drive efficiency, manage risks, and boost sustainability in the supply chain world.
CEOs, are you ready for the future? My latest newsletter reveals the top concerns and priorities for C-suite leaders in 2024, and it’s all about AI! Discover how AI is being used to drive efficiency, manage risks, and boost sustainability in the supply chain world.
In today’s blog, we explore the challenging world of Post-Consumer Resin (PCR) versus virgin resin, discussing key aspects like cost dynamics, availability issues, and the critical role of Material Recovery Facilities (MRFs). I tackle the tough questions: How do pricing and availability affect our sustainability goals? What are the implications for various industries, from food and beverage to medical and high-performance applications?
In today’s rapidly evolving tech landscape, it’s tempting to jump onto the newest trends and upgrades. But is every technology upgrade worth the investment? Let’s delve into this critical question.
Here’s an anecdote about sitting next to a baseball legend that gives valuable insights into the world of supply chain management.
The value of Experience vs. Research and Reality of Implementation when considering the diverse realities of Demand Planning.