While there is some correlation, it is wrong to say supply chain kinks are a primary cause of inflation. There is a common misconception that when supply chains are disrupted, entities along the supply chain shore up more resources to Read More …
Tag: Supply Chain Management
Why supply chain issues do not cause inflation
What Does It Take To Build A Risk-Resilient Supply Chain?
Companies everywhere are following a new trend that goes by a number of names: onshoring, homeshoring, nearshoring – or my favorite, friendshoring. The idea is to move production closer to home to avoid the risk of disruption increasingly associated with Read More …
5 ways to efficiently manage the cash flow pressures in supply chain management
In the post-pandemic era, cash flow is an increasing concern for enterprise supply chains. It has become a specific challenge for transportation as the capacity within the global supply chain is tightening while demand is rising, along with shipping prices. Read More …
Why India’s food value-chain needs better risk management instruments amid Ukraine war
The last few years proved extremely volatile for the food value-chain due to issues ranging from the pandemic-induced supply chain disruptions to the impacts of climate change on agriculture. To add to the already existing woes, the escalation of the Read More …
Mitigating risk in your supply chain
Safeguard your continuity of business and strengthen your operational performance. “Companies with mature capabilities in supply chain and risk management do better along all surveyed dimensions of operational and financial performance than immature companies”- PwC, supply chain and risk management. Read More …
Supply chain digitalisation is a journey, not a destination
Pre-pandemic, businesses already had a heightened interest in advanced analytics, so it was hardly a shock that COVID-19 should be the catalyst for widespread end-to-end digitalisation of supply-chain processes. According to a 2020 McKinsey report into how COVID has shaped Read More …
How Exposed Is Your Supply Chain to Climate Risks?
Hurricanes, tornadoes, flooding, heat waves, and wildfires — weather-related calamities have alarmed boardrooms across industries and awakened leadership teams to the high degree of financial risk posed by climate change. Executives now are asking: “How exposed is our global supply Read More …
Here’s how to respond to cyber supply chain risks
The prevalence of digital technologies in day-to-day business functions is primarily driven by the ever-increasing need to enhance efficiency and curb costs, but it simultaneously has spawned a multitude of cybersecurity risks for organisations irrespective of their size and industry Read More …
What are the best strategies for supply chain risk management?
In the last few years, a number of businesses have gotten affected by the unpredictable vulnerabilities in the supply chain. What it led to is recalls costing over millions for industries ranging from consumer goods, automotive to pharmaceuticals. The worst Read More …
How data can help build and manage sustainable supply chains
The way that businesses manage their sustainability and supply chain risks is now highly influenced by potential threats, particularly from some of the world’s most devastating natural disasters. The ability to meet the increasingly high demand for goods and services, Read More …