Each week, we look to write and share the best, most-up-date content on supply chain orchestration, logistics innovation and industry news. To this goal, here are the 5 articles that we liked the most from the past week to start your work week off right. I'd also suggest you read the wrap-ups from All Things Supply Chain, Talking Logistics and Logistics Viewpoints.
Each week, we look to write and share the best, most-up-date content on supply chain orchestration, logistics innovation and industry news. To this goal, here are the 5 articles that we liked the most from the past week to start your work week off right. I'd also suggest you read the wrap-ups from Talking Logistics, All Things Supply Chain and Logistics Viewpoints.
This week we're talking about the rise of the CCO, the networked economy, maintaining, supply chain excellence, Rent the Runway and Chicken of the Sea. Enjoy!
This past week, we conducted a webinar on 5 Trends Forcing Innovation in Supply Chain. It was a great conversation on the innovations happening within supply chain operations with spirited questions and discussion after the webinar.
Most of the time that I hear about innovation in the supply chain, I read about robotics, Uber and self-driving trucks or the automated drones that will soon be delivering our Amazon packages.
However, while the mind-space of the media and articles trends toward these innovations, the conversations that we have with supply chain leaders usually are more grounded. They care about their operational supply chain and how to improve and optimize their flows, costs and service level to their customers. Robots are great but they have pressing need for innovation in how they execute their supply chains from how they collaborate with suppliers and partners to dynamically using inventory across their supply chain networks.
“By the year 2020, 80% of the goods (compared to 20% today) will be manufactured in a country different from where they are consumed.”
Th insight above from McKinsey & Company's supply chain study illustrates the changing nature of supply chain in today's landscape. Supply chains are becoming more global and international not only with the parties involved in fulfilling and delivering an order but also in the flattening of the potential market for our goods and services. Companies that are pursuing growth will need to think about how to deal with this global environment and all the supply chain complexity that comes with it including quicker lead times, increased options and expanded product portfolios.