SCM Insights Supply chain resolutions 2022: (4) secure material demands The new year begins just as the old one ended, with material shortages everywhere. Now, another factor is adding to the woes: Omicron.After all, delivery problems are not just a matter of whether sufficient raw materials and upstream products are available to meet demand. (more…)
SCM Insights Supply chain resolutions 2022: (3) reduce supplier risks With climate change, weather hazards are becoming more likely. And with this, the risks for supply chain disruptions are increasing, too. Resulting large-scale power outages could bring production facilities at suppliers to a standstill. Or their plants themselves could be damaged by severe weather or forest fires. (more…)
SCM Insights Supply chain resolutions 2022: (2) make digital processes a daily habit The pandemic has revealed to businesses all at once exactly where digitization is not yet going so well. Processing paper invoices, for example, suddenly becomes much more complicated when all employees are working from home.The same is true in other areas, as well. (more…)
SCM Insights Supply chain resolutions 2022: (1) ensure transport flow Transport woes have not eased with the turn of the year. Rising consumer demand, container shortages, congestion at or closures of major ports in the U.S. and China, significantly fewer airline movements and, last but not least, an ever-increasing driver shortage have led to significant bottlenecks in shipments and a massive increase in freight rates. (more…)
