All Pearson on Excellence Entries
Monday, September 01, 2014
In a very real sense, supply chain management is about managing risk: anticipating, avoiding, and minimizing supply chain upheavals caused by weather events, political havoc, technology problems, economic turmoil, market changes, currency swings, supply shortages and labor strife, to name but a few.
Friday, August 01, 2014
Simply listing a typical company’s supply chain challenges could consume this column. However, there’s a small group of capabilities that are critical for supply chains in today’s volatile environment.
Tuesday, July 01, 2014
According to a recent Accenture survey of manufacturers, 82 percent plan to increase U.S.-based production, 75 percent report a significant shortage of skilled resources, and 11 percent say that they estimate an average percentage drop in earnings due to increased production costs and revenue losses resulting from skills shortages.
Thursday, May 01, 2014
A growing number of manufacturing companies are warming up to sustainability—taking aggressive steps to soften and shrink their environmental footprints. However, buy-in from those companies’ suppliers has been less encouraging.
Saturday, March 01, 2014
Volatile markets. Unstable currencies. Vacillating demand. Unpredictable commodity costs. Manufacturers, like most companies, have plenty to worry about.
Saturday, February 01, 2014
In previous centuries, international trade volumes typically flowed east to west, with more goods, materials, and components journeying from emerging markets— largely in Asia—to mature economies in Europe and North America.
Wednesday, January 01, 2014
They may not recognize the term, but a lot of logistics and supply chain executives are concerned about “permanent volatility.”
Friday, November 01, 2013
Innovation isn’t the only path to prosperity. However, a growing number of companies have come to think that innovation’s risks outweigh its benefits. Thus they’ve opted to retain their “safe” business models and also focus more on product line extensions than real breakthroughs.
Tuesday, October 01, 2013
Every year, more products are being produced by companies whose supply chain operations are intelligently linked with suppliers and business partners. Many of the machines that make those products are guided by advanced data analysis, decision science, and other smart technology. The people who consume those products are probably using digital connections to guide their choices and ultimately make a purchase.
Sunday, September 01, 2013
This is no magic bullet that makes it possible for organizations to suddenly excel at end-to-end inventory management: to hold the right amount at the right place at the right time; to maximize enterprise-wide responsiveness to shifting demand; and to ensure crystal clear views of in-transit, in-process, and finished-goods inventories.