Resilience has become a popular term after all the major events happened throughout the world last five years. These events have had a lot of indirect effects within economies and thus impacted the playground for almost all companies. It has pushed the need for resilience on the agendas on board level and more specifically have become targets for...
If the past few years have taught us anything, it’s that organizations are vulnerable. This year, once again, we see that supply and demand are often not in balance, leading to significant impacts on service and deliveries to customers, as well as the strain on production capacity and working capital. Consequently, many organizations nowadays...
Today’s supply chains must be resilient enough to cope with numerous disruptions, from the energy crisis to geopolitical tensions. The ‘new normal’ places new demands on organizations. Supply chain leaders need to make their supply chains more resilient. But how should they go about that? The solution lies in taking a holistic view of the...
Creating a resilient supply chain is the key theme for 2023. During a recent webinar, Supply Chain Media discussed this topic with premium partners Chainalytics and Involvation. An important conclusion: those who want to make their supply chain more resilient must take action at strategic, tactical and operational levels: “Many companies are only...
When you’re unsure about what to do, doing nothing can sometimes seem like the best option. But believe me, that’s definitely not the right solution when it comes to your supply chain. Failure to act could end up costing your company money, draining your team’s energy reserves and putting your long-term survival at risk. Read on to find out which...
Supply chain resilience offers companies so many advantages that there are almost too many to count. In reality they all add up to the ultimate business benefit: long-term survival. And given the fact that the next disruption is always just around the corner nowadays, it’s one that your organization can’t afford to miss out on.
The urgent need for supply chain resilience is becoming increasingly apparent in today’s volatile, uncertain, complex and ambiguous (VUCA) world, so it’s time to take action. In my view, IBP is a great place to start. But what should you bear in mind to ensure that the implementation is successful?
Digital planning is high on the agenda for many IT and supply chain directors. They often ask themselves ‘What’s the next step?’, ‘Which tooling should we use?’ and ‘How should we tackle the implementation?’ – and they usually consider those questions in that order. I would like to suggest reversing the order of the questions. First ask yourself...
Although digital planning has been around for decades, it suddenly seems to be on everyone’s lips. With the pace of technological advancements continuing to accelerate, digital planning can offer huge benefits and will undoubtedly play a key role in strengthening your supply chain resilience. However, it is important to remember that technology...
Effective supply chain collaboration gives you access to lots of data and information as the basis for your decision-making. But how can you optimally utilize the relevant intelligence to make the right trade-offs that support your long-term success – especially in today’s ‘VUCA’ world? The key lies in implementing an effective operational...