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WEBSeptember-October 2024. Back in late 2023, in response to global panic about the state of the supply chain, President Joe Biden announced the formation of the White House Council on Supply Chain Resilience. “We’re doubling down on our work at home—starting right here, right now—with the launch of a new Council on Supply Chain Resilience ...
How P&G stays on top of its game - Supply Chain Management …
WEBJul 18, 2023 — The list of Supply Chain Masters recognizes companies that exhibited sustained supply chain excellence over the previous 10 years. The first list included just two companies: Apple and P&G, both of which have remained on the list every year since. Of the latter, Gartner highlighted the CPG leader’s history of innovative supply chain practices.
Inside Target’s Store-as-a-Hub Supply Chain
WEBOct 4, 2023 — Moderator Baum observed that Target’s guest-centered supply chain provides the company with an opportunity to continuously evolve its operations, with its guests, or customers, top of mind. McCarthy said that is top of mind for every supply chain decision Target makes, which was on display at one of Target’s fulfillment centers.
Top summer reads: 6 unconventional books with supply chain …
WEBJun 13, 2024 — 5. The Last Place on Earth. Written by Roland Huntford, this book examines nearly every aspect of the race between Britain’s Robert Scott and Norway’s Roald Amundsen to reach the South Pole. This adventure story details the importance of depot locations, transport speed, and supply chain agility.
Enhancing operational intelligence in supply chain management …
WEBJun 21, 2024 — Four years after the COVID-19 pandemic reshaped global supply chains, businesses continue to grapple with the aftermath of the crisis while simultaneously navigating emerging challenges such as geopolitical tensions, climate change, and rapidly evolving consumer preferences.
Managing procurement in a price-sensitive environment
WEBAug 2, 2024 — A recent survey from Boston Consulting Group found that 65% of executives are prioritizing supply chain and manufacturing costs as the biggest levels for organizations to pull for cost savings. This trumps traditional cost-reduction areas such as labor and nonlabor overhead costs (cited by 52%). The Hackett …
Procurement best practices - Supply Chain Management Review
WEBMay 19, 2024 — 1. Multipolar world. 2. Artificial intelligence/machine learning. 3. Demographic shifts. 4. Transition to low carbon energy. McKinsey, in its report, “A new era for procurement: Value creation across the supply chain,” noted the disruptions of the past several years and the impact they have had on procurement.
Disruption Challenges Procurement Leaders to Steady Supply Chains
WEBJan 5, 2024 — These represent just a few of the challenges procurement leaders are navigating in 2024. Aiding in the process, though, is the growth of technology that offers higher levels of transparency and deeper insights into supply chains. “In a practical sense, the first order should be (using) solutions that offer contextualized intelligence and ...
Current Inventory Dynamics Aren’t the Bullwhip Effect
WEBJan 8, 2024 — Jason Miller and Yemisi Bolumole · January 8, 2024 ·. Many news articles have attributed the sharp reduction in freight volumes—especially for containerized imports—that were observed in 2023 relative to 2021 and 2022 to the bullwhip effect. However, while this term is very familiar and widely …
32nd Annual Study of Logistics and Transportation Trends: …
WEBNov 10, 2023 — This year, our Annual Study of Logistics and Transportation Trends asked respondents to identify the most significant challenges for logistics and transportation operations in the coming year.