Digital Transformation: Major Gains with Minimal Pain

Whether you know it as the “fourth industrial revolution” or industry 4.0, there is no denying that a fundamental shift in the supply chain is changing the way manufacturing and distribution industries operate. These sectors must undertake major digital transformations to remain competitive. Most strategies go beyond simple automation and straightforward technology implementation. A recent…

UK Supply Chain Funding Index Declines

The Supply Chain Funding Index (SCFI) strives to measures the existing and forecasted condition of the UK’s supply chains, considering its strength, payment, and credit terms and forecasted growth. The most recent results point to a slight decline in the past year.  Over the past six months, the SCFI saw decline and weakness across all…

Economic Data Creates Procurement Strategies Foundation

While some may consider economics ‘the dismal science’, its importance in how we manage our supply chains cannot be understated. Yet, we seem to be more comfortable discussing Tom Brady’s quarterback rating or Chris Sale’s earned run average (sorry, I’m in Boston) than in understanding how the unemployment rate impacts labor costs, how housing starts…