Some of 2020’s challenges were keenly felt throughout supply chains, and many could result in lasting changes to workflows and processes. Reducing uncertainties while boosting efficiency and shrinking turnaround times requires a set of modern supply chain and logistics tools. That means leveraging automation. Recent events helped drive home the need for a more resilient…
Supply chain management has become an increasingly tech-centric process. Rapid digitization and widespread adoption of technologies like internet of things (IoT) devices have made logistics more efficient than ever but simultaneously introduced new risks. Consequently, supply chain cybersecurity should be at the forefront of your mind. The Identity Theft Resource Center (ITRC) reported a 42…
Supply chains had an unusually challenging year in 2020, one that will likely result in considerable changes. After the Covid-19 pandemic caused massive disruptions around the globe, logistics companies are taking new steps to prevent similar situations in the future. Data analytics is taking center stage amid all this change. Experts predict that the world…
After more than a year of widespread disruptions, supply chain and logistics operations are starting to regain pre-pandemic productivity. About 72 percent of executives surveyed by EY say Covid-19 had an overall negative impact, so the year ahead will be one of rebuilding and growth. It’s the perfect opportunity to improve logistics for any company.…
The Covid-19 pandemic exposed the risks of a global supply chain heavily dependent on offshore manufacturing. For much of 2020, shocks to the system resulted in months-long shipping delays for essential goods like PPE, electronics and medical supplies. The Biden administration has pledged to rebuild U.S. supply chains in a way that prevents critical equipment…
When John Kindervag was a vice president and senior analyst at Forrester Research, he came up with the concept of a zero-trust model for cybersecurity. The typical process of keeping an organization’s network safe was to assume everyone on the inside did not pose a threat. However, zero-trust treats every network user as a possible…
While the traditional supply chain does exist — a chain of suppliers, distributors and customers all linked together linearly — the reality is that most supply chains are multi-tier. For the uninitiated, this means they are multiple single-level collaborations linked or stacked within a seamless chain. There are many benefits to building a multi-tier supply…
The supply chain, along with the rest of the economy, is undergoing a major digital transformation right now. The development of new Industry 4.0 tech — like Internet of Things (IoT) sensors and big data analytics — as well as the increasing availability of computer resources has made digitization a more and more compelling option.…
The supply chain is the backbone of modern business, and it faces some unprecedented changes these days. Supply chain managers have faced an unusually extreme set of challenges amid Covid-19. These difficulties will transform the industry as the pandemic continues and eventually subsides. These ongoing changes will be beneficial, ultimately leading to more resilient supply…
A growing amount of waste — in the form of plastics and electronics — is putting increased pressure on the recycling industry and its supply chains. Despite big initiatives by public and private organizations, recycling rates remain low. This increases the chance that plastics accumulate in the environment. Public information on recycling is also limited.…