High Demand for Real Supply Chain Experts
Updated in September 2020 AbstractAlmost every supply chain needs to be restructured in the wake of COVID-19 and associated economic situation. While some companies are facing collapsing demand, others are facing the opposite. Same is true of the supply as well. How can companies make the supply meet demand under such challenging circumstances. Only sophisticated supply
How To Choose The Best Consultants For Your Project
Startling Statistics I came across a startling statistics which prompted a new line of thinking that I wanted to share – hence this article. Consider these statistics – over 70% of professionals would have worked as a consultant or will work as a consultant, at some point in their careers. In other words, if you
What is the Most Effective Strategy to Massively Slash Shipping Freight Costs?
Freight costs reduction is almost always the last frontier in the cost reduction landscape. At the board level, most companies do not pay much attention to their external freight costs. These costs never get the attention they deserve because they are scattered all over the place, and generally out of sight. What if I told
“The Start-ups’ Struggle” With Supply Chain – What is the Answer?
Updated in September 2020 TL/DR AbstractMany startups make it to the end, and meet the dreams of their founders.Many other founder on the rocky shores of hostile markets.However, an equal number of startups founder due to another reason – an inadequate supply chain (or backend as they call it in the startup lingo). In reality,
Unique Supply Chain Challenges of Oil & Gas Industry
One of the common problems cited by the boards and senior management is that the consultants they hire do not understand their unique challenges. This applies even more to large cookie cutter approach based consulting houses with thousands of consultants where the guys who have the knowledge are too senior to focus on a couple of clients, and the guys who have the time have little knowledge, or experience.
What We Can Learn About Supply Chain Security From One of the Shrewdest Pivots In Business History
Two stalwarts in the mobile phone industry in March 2000 were equally impacted by the same event – a lightning fire in the chip manufacturing plant of their common supplier, Philips, in New Mexico.